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Edible Garden AG Inc - EDBL STOCK NEWS

Welcome to our dedicated page for Edible Garden news (Ticker: EDBL), a resource for investors and traders seeking the latest updates and insights on Edible Garden stock.

Introduction to Edible Garden AG Inc

Edible Garden AG Inc (EDBL) is a pioneering company in the field of controlled environment agriculture (CEA), harnessing advanced growing techniques combined with traditional agricultural practices to cultivate fresh and organic produce. Operating at the intersection of technology and sustainability, the company leverages modern practices such as hydroponics and vertical farming in conjunction with traditional glass greenhouse structures to deliver superior organic herbs and lettuces. This innovative approach has positioned Edible Garden as a significant participant in the sustainable food production market, attracting attention from industry analysts and retail customers alike.

Innovative Agricultural Practices

The company integrates traditional greenhouse methods with state-of-the-art cultivation technologies. By employing hydroponic systems and vertical greenhouse designs, Edible Garden has efficiently optimized space usage while maintaining the quality and purity of its produce. Its operations are meticulously designed to uphold high standards of organic food production, ensuring that every harvest adheres to rigorous quality control and sustainable practices. The hybrid approach enables effective water management, minimized chemical use, and enhanced crop traceability, which are critical parameters in today’s quality-conscious market.

Sustainability and Traceability

Central to Edible Garden’s philosophy is its commitment to sustainability. The company adheres to a Zero-Waste Inspired® mission, continuously refining its processes to reduce food waste and promote efficient resource management. The integration of advanced technology with traditional growing methods ensures that every step, from planting to distribution, is monitored for traceability and environmental impact. This level of transparency not only assures customers of high-quality produce but also aligns with the broader trend towards responsible agricultural practices.

Technological Integration and Customer Focus

Edible Garden has developed proprietary technologies, such as the Green Thumb 2.0 greenhouse management system, which underpins its operational excellence. This system facilitates real-time monitoring of growth conditions, enabling precise control over environmental variables to optimize plant health. Complementing this is an innovative customer service platform that is designed to streamline order management and delivery logistics for small to medium-sized retailers. By integrating technology with operational processes, the company improves efficiency and scalability, ensuring that fresh, sustainable products reach market channels rapidly.

Market Position and Competitive Landscape

As a major player in the controlled environment agriculture arena, Edible Garden AG Inc successfully differentiates itself through its blend of reliable traditional methods and cutting-edge technology. Its focus on organic, sustainable production resonates well in an increasingly health-conscious and environmentally aware market. The company’s efforts in workforce training, quality control, and supply chain optimization further solidify its reputation as a forward-thinking and reliable partner in the food production industry. Moreover, collaborations with renowned culinary institutions underscore its commitment to elevating food quality and supporting innovative culinary arts.

Business Model and Operational Excellence

The operational model of Edible Garden is centered around maximizing efficiency and sustainability. By focusing on local production with controlled conditions, the company minimizes supply chain complexities and ensures a steady flow of fresh produce to its retail partners. Its customer-centric platforms not only enhance operational speed and accuracy but also build strong, enduring partnerships with retailers by addressing their logistical challenges directly. This integrated approach, combining operational excellence with innovative technology infrastructure, serves as the backbone of its business model.

Commitment to Quality and Innovation

Edible Garden’s emphasis on quality, sustainability, and technological innovation reflects its dedication to redefining traditional agriculture. The company continually refines its growing techniques and operational methodologies to maintain high standards that meet the evolving demands of the food industry. By balancing time-tested methods with modern advancements, Edible Garden ensures that its produce remains not only fresh and high in quality but also environmentally responsible. This unwavering focus on innovation is evident through the introduction of systems designed to streamline operations and manage supply chains efficiently, further enhancing its market presence.

Conclusion

In summary, Edible Garden AG Inc stands as an exemplary model of how modern technology and sustainable agricultural practices can merge to create a robust, efficient, and environmentally sound produce manufacturing system. Its use of advanced greenhouse management, integrated technology platforms, and strong customer service support encapsulates the essence of a company that is both innovative and deeply committed to sustainability. Investors and industry observers seeking a detailed understanding of a company that combines tradition with innovation in the organic farming sector will find Edible Garden AG Inc a fascinating case study in modern agricultural excellence.

Rhea-AI Summary

Edible Garden AG has appointed Deborah K. Pawlowski to its Board of Directors, effective October 14, 2022. With over 30 years of experience in investor relations and corporate strategy, she will also chair the Compensation Committee. CEO Jim Kras noted her expertise will support Edible Garden's growth and governance. The company, a leader in controlled environment agriculture, emphasizes sustainability and recently launched the Edible Garden Heartland facility to expand its Midwest presence. The team believes that local production can enhance food supply resilience and reduce carbon footprints.

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Edible Garden AG Incorporated (Nasdaq:EDBL, EDBLW) will present at the 2022 MicroCap Rodeo Windy City Roundup Conference on October 13, 2022, in Chicago. CEO Jim Kras is set to speak at 1:30 PM CT, with a live webcast available for replay. The conference offers investors insights from over 60 microcap companies across various industries, with one-on-one meetings scheduled throughout the event. Edible Garden specializes in locally grown organic produce and operates advanced facilities in New Jersey and Michigan, focusing on sustainability and innovation.

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Generational Equity has successfully facilitated the sale of Greenleaf Growers to Edible Garden Holdings, which closed on September 2, 2022. Greenleaf Growers, based in Grand Rapids, Michigan, specializes in greenhouse cultivation and wholesale distribution of seasonal plants. Following the acquisition, the facility will be rebranded as Edible Garden Heartland, leveraging advanced technologies to enhance production efficiency. CEO Jim Kras highlighted the commitment to sustainability and community impact, with expectations to retain current employees and create additional job opportunities in the Grand Rapids area.

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Edible Garden AG has acquired a five-acre greenhouse in Grand Rapids, Michigan, aiming to enhance its Midwest operations. Expected to generate $20 million in annual revenue, the facility will also serve as a research center for sustainable agriculture, developing plant-based proteins and innovations in vertical growing technology. The acquisition includes an existing horticultural business generating $2 million annually, providing cross-selling potential. This initiative aligns with Edible Garden's commitment to sustainable practices and job creation in the local community.

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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) announced financial results for Q2 2022, reporting revenues of $3.0 million, up 7.5% year-over-year. The company cited market traction and successful initiatives, including an agreement with Nutracom for nutraceuticals. However, net loss increased to $4.8 million compared to $1.2 million in Q2 2021. Costs rose due to inflation and IPO-related expenses. The company is optimistic about future growth, focusing on expanding its distribution network and enhancing sustainability practices.

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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture, is hosting a conference call on August 15, 2022, at 11:00 a.m. Eastern Time to discuss its financial results for Q2 2022 and provide a business update.

Investors can participate via telephone or access a live webcast. The call will include key insights on the company's performance and future strategies in the growing market for locally grown, organic produce.

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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) has expanded its distribution by launching products in 28 Food Bazaar locations across New York, New Jersey, and Connecticut. CEO Jim Kras highlighted the successful pilot program at Food Bazaar and emphasized the company's strategy for growth in the Northeast, which serves over 12 million households.

Edible Garden produces organic, locally grown produce and operates advanced greenhouses in New Jersey. The company is noted for its sustainable farming practices and innovative technologies aimed at reducing environmental impact.

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BELVIDERE, NJ, July 15, 2022 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture, announced CEO Jim Kras will present at the Benzinga All Access event on July 22, 2022, at 10:40 A.M. ET. The event will be broadcast live, with an archived recording available on the company's website for 90 days. Edible Garden offers locally grown organic produce through sustainable farming practices, operating in over 4,000 US stores, and continues to innovate with its GreenThumb software and eco-friendly initiatives.

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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) announced expanded distribution of its sustainable hydro basil across over 350 locations in the Northeast through a major retailer. This move enhances the company’s geographic reach and consumer acceptance. CEO Jim Kras emphasized the significance of sustainable farming practices to address environmental challenges. Edible Garden employs innovative hydroponic methods and eco-friendly packaging to maintain product quality while minimizing waste. The firm aims to further expand its offerings with this retailer and others in the future.

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FAQ

What is the current stock price of Edible Garden (EDBL)?

The current stock price of Edible Garden (EDBL) is $2.13 as of March 7, 2025.

What is the market cap of Edible Garden (EDBL)?

The market cap of Edible Garden (EDBL) is approximately 2.7M.

What is the primary business of Edible Garden AG Inc?

Edible Garden AG Inc specializes in controlled environment agriculture, using both traditional greenhouse methods and modern hydroponics to produce organic herbs and lettuces sustainably.

How does Edible Garden ensure the quality and sustainability of its produce?

The company integrates advanced greenhouse management systems with sustainable practices to ensure high-quality organic production. Their controlled environment approach enables effective water management, traceability, and minimal use of chemicals.

What technologies does Edible Garden employ in its operations?

Edible Garden utilizes a proprietary system, namely Green Thumb 2.0, along with innovative customer service platforms that streamline order management and enhance supply chain efficiency in a controlled environment setting.

How does Edible Garden differentiate itself from other CEA companies?

By combining traditional agricultural methods with hydroponic and vertical farming techniques, along with a strong focus on sustainability and technological integration, Edible Garden stands out as a forward-thinking innovator in the organic produce market.

What role does technology play in Edible Garden’s operations?

Technology is central to the company’s operations, enabling real-time monitoring of growth conditions, precise environmental control, and efficient supply chain management. This integration of tech facilitates the delivery of fresh, sustainable produce.

Who are the main customers of Edible Garden?

The company serves a diverse range of customers including small to medium-sized retailers and high-end culinary establishments, all seeking fresh, sustainably grown organic produce.

How does Edible Garden support sustainability practices?

Edible Garden is committed to a Zero-Waste Inspired® mission, ensuring that production processes are designed to minimize waste, promote traceability, and utilize resources efficiently, thereby contributing to environmental sustainability.

What are the competitive advantages of Edible Garden in the organic produce market?

Its competitive advantages include the unique blend of traditional growing techniques with modern hydroponics, robust technology platforms for tracking and efficiency, and a customer-centered approach that supports reliable and high-quality produce provision.
Edible Garden AG Inc

Nasdaq:EDBL

EDBL Rankings

EDBL Stock Data

2.71M
1.17M
10.21%
2.42%
1.61%
Farm Products
Consumer Defensive
Link
United States
BELVIDERE