"Retail Giants Walmart and Kroger Place Risky Bets on Struggling Indoor Farming Industry"
Walmart and Kroger are investing in the indoor farming industry, despite concerns about its sustainability. Indoor farming companies like Eden Green Technology are aiming to produce fresh produce year-round while using less water and land. However, some indoor farming companies have faced financial difficulties and filed for bankruptcy. Skeptics question the profitability of indoor farming due to high energy costs associated with artificial lighting. Critics argue that investment should be directed towards practical solutions for outdoor farmers. Indoor farming can also create new pest problems that require aggressive management. Despite the challenges, some companies believe they are on the right track and emphasize their use of natural light and soil-based growing methods. However, experts remain skeptical about the profitability of indoor farming operations.
