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Sprout AI Inc C.BYFM

Alternate Symbol(s):  BYFMF

Sprout AI Inc. is primarily engaged in vertical farming technology. The Company is in the business of planning, designing, manufacturing and/or assembling sustainable and scalable artificial intelligence (AI)-controlled vertical cultivation equipment (the habitat) for indoor vertical farming. The Company's technology produces an environment with improved growing parameters and detects conditions resulting in consistent and repeatable crops with shorter cultivation cycles independent of geographic climates. The Company also has self-contained rolling rack technology. The Company’s wholly owned subsidiaries include Sprout AI S.A. and Sprout AI Australia PTY.


CSE:BYFM - Post by User

Post by StockHawk1on Jul 16, 2021 3:44pm
87 Views
Post# 33561007

SPRT sells vertical farms directly to consumers

SPRT sells vertical farms directly to consumers

Sprout AI ($SPRT.CN) began trading on the CSE in early July.


Current pice is $0.73CAD, MC $65.89M 


$SPRT designs produce and sells vertical farms


2 main things set them apart from other vertical farming companies


1. Their shares are selling for a fraction of the cost compared to most (average price of the 7 companies featured here is $12.21  https://investorplace.com/2021/04/seven-vertical-farming-stocks-feeding-the-world/)  


2. Their company model includes operating their own farms as well as selling vertical farming set-ups/equipment to others who want to run their own verticle farms. 


The fact they sell easily scaleable farms, that are designed for urban settings is my favourite part about them. I can easily see their farms integrating into cities around the world. And I think this could be especially valuable to food insecure urban areas 


This Redditor did some really good DD on them. It has a tonne of info on the company and the vertical farming market in general:  https://www.reddit.com/r/Canadapennystocks/comments/o7ss2a/vertical_farming_is_a_hot_space_sprout_beyond/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

 
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