Green Planet Group Inc (GNPG)

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The global population is predicted to reach 9.7 billion by 2050, and to feed everyone, it’s estimated that global food production will need to increase by up to 70% in the next 30 years.


There are many challenges to overcome before fears of a worldwide food shortage can be allayed, including rising temperatures and more frequent droughts caused by global warming. These obstacles are making traditional farming methods increasingly inefficient and unpredictable.

Traditional farming has also been hit hard by the COVID-19 pandemic. According to the FAO, border closures, quarantines and disruptions to supply chains are limiting some people's access to food, especially in countries hit hard by the virus or already affected by high levels of food insecurity.


There’s an emerging consensus that the agriculture industry needs to adapt to use less water and chemicals, make crops less vulnerable to changes in the climate, and produce more reliable yields. Part of the answer may lie in the emerging start-ups growing produce in indoor environments, where growing conditions can be better managed.

The indoor farming technology market was valued at $23.75 billion in 2016, and is projected to reach $40.25 billion by 2022. Yields are typically much higher than traditional farming methods. Crops from indoor farming are grown in three dimensions, rather than two – and can be grown all year round, independent of external weather conditions.