GME Innotainment Inc (GMEV)

[Paraceratherium]

Vertical farming will be a $12.04bn market by 2026, according to Fortune Business Insights, so it’s no wonder global giants such as Google, Amazon and IKEA are taking an interest.

As cities continue to grow – along with the global population, which is expected to hit 9.7bn by 2050 – the agriculture sector is being asked to ensure food security for an extra two billion people. In science journal BioScience, the authors of a piece entitled Agriculture in 2050 argue that to achieve this feat, crop production alone would need to increase by 25-75%.

Vertical farming could be one solution, as the practice involves planting crops in stacked structures without soil to reduce land space, while quality is optimised by managing the environment, with no need for pesticides. Cultivation methods include hydroponics, aeroponics and aquaponics, where crops are grown in water, air or mist, or using a system of water and fish waste.

While projects started cropping up as far back as 2013, key players have only joined the trend within the last three years: UK retailer Ocado invested $22.6m in 2017 through partnerships, while in the same year startup Plenty scooped $340m of funding, including from Amazon’s Jeff Bezos and Alphabet’s Eric Schmidt.

While North America currently makes up 69% of the global vertical farming market ($664.7m), the Asia Pacific region is expected to become the dominant market by 2024, growing to $2.1bn at an annual rate of 22.1%, according to VynZ Research.

“To some degree, we’re looking at the second green revolution as we domesticate all of the field crops again and bring them into a place where they can be productive and grown anywhere, including crops we previously thought to be impossible, such as strawberries and peaches.”

https://www.cips.org/supply-management/analysis/2021/january/vertical-farming-takes-root-in-agri-tech/

If you don't think investing in GMEV right now is a great move, you better read that link again, so I posted it again below so you can read the article again. Vertical farming stocks are going to be one of the hottest sector plays, and GMEV is positioned, in vertical farming, before the mad rush starts.

https://www.cips.org/supply-management/analysis/2021/january/vertical-farming-takes-root-in-agri-tech/

Look at the players Google, Amazon, Ikea, Plenty.

Remember Darwin the Ikea monkey? Well GMEV is going to be thriving better than Darwin in 2020:

https://www.ctvnews.ca/canada/ikea-monkey-thriving-in-2020-has-monkey-friends-and-a-favourite-curious-george-doll-1.5226668