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Tomatoes grown at AppHarvest's Richmond, Ky. farm (photo courtesy of AppHarvest)
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High-tech farming pioneer AppHarvest needs more cash by October and is battling a Listeria problem at its Berea, Ky. greenhouse, according to a regulatory filing.
The Kentucky ag-tech startup is fending off creditors and seeking financing to stay in business. So why is it paying $2.5 million to its top executives?
The Kentucky ag-tech startup will continue operating three of its four indoor farms with the help of $30 million in court-overseen bankruptcy financing provided by one of its largest creditors.
