LOCLWLocal Bounti Corporation

About Local Bounti Corporation (LOCLW)

Local Bounti Corporation (LOCLW) is a Farm Products company headquartered in Hamilton, MT, United States whose shares trade over-the-counter on the Pink tier.

Local Bounti is a controlled environment agriculture (CEA) company that produces sustainably grown produce, focused today on living and loose leaf lettuce. Founded in 2018, and headquartered in Hamilton, Montana, Local Bounti utilizes its patented Stack & Flow Technology to grow healthy food sustainably and affordably. The company's proprietary process is a hybrid, utilizing vertical farming in early plant growth, followed by greenhouse farming for final grow out. The company's goal is to grow in an environmentally sustainable manner that not only increases harvest efficiency and enhances unit economics, but also limits water usage and reduces the carbon footprint of the production and distribution process. Controlling the environmental conditions in both the 'Stack' and 'Flow' components of the growing system helps to ensure healthy, nutritious, consistent, and delicious products that are non-genetically modified organisms. The company uses 90% less water, 90% less land, and significantly less pesticides and herbicides than traditional outdoor agriculture operations. The company sells its products to food retailers and food service distributors.

Products and services

Local Bounti is a controlled environment agriculture (CEA) company that produces sustainably grown produce, focused today on living and loose leaf lettuce.

LOCLW key facts

Ticker symbol

LOCLW

Market tier

Pink

Sector

Consumer Defensive

Industry

Farm Products

Headquarters

Hamilton, MT, United States

Country of incorporation

US

Year of incorporation

2018

Employees

339

Estimated market cap

$321.7K (as of May 8, 2025)

Shares outstanding

10,833,296

Reporting standard

U.S. Reporting: SEC Reporting

Audit status

Audited

Fiscal year end

12/31

Local Bounti Corporation leadership

• Craig Hurlbert — CEO, Co-Founder
• Kathleen Valiasek — CFO, President
• Travis Joyner — CTO, Co-Founder
• Margaret McCandless — General Counsel, Company Secretary
• Accounts Payable — Other

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