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Edible Garden AG Incorporated - EDBL STOCK NEWS

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Edible Garden AG Incorporated (EDBL) is a pioneering force in the field of controlled environment agriculture (CEA). Utilizing both traditional and advanced agricultural techniques, the company focuses on growing fresh, organic food sustainably and safely, while enhancing traceability. Headquartered in Belvidere, New Jersey, and Grand Rapids, Michigan, Edible Garden operates state-of-the-art greenhouses and processing facilities.

The company stands out with its Zero-Waste Inspired® next-generation farming approach, which emphasizes sustainability and safety. Edible Garden's products are available in over 5,000 stores across the United States, making it a significant player in the CEA and sustainability technology sector. The company employs patented technologies like the GreenThumb 2.0 software (US Nos.: US 11,158,006 B1, US 11,410,249 B2, and US 11,830,088 B2) for optimizing growth in vertical and traditional greenhouses, as well as a self-watering display (U.S. Patent No. D1,010,365) designed to increase plant shelf life and enhance in-store display.

Edible Garden is not just about growing food; it is also a developer of plant and whey protein powders under the Vitamin Way® and Vitamin Whey® brands. Additionally, the company offers a line of sustainable food flavoring products, including Pulp gourmet sauces and chili-based products.

The company's commitment to reducing pollution-generating food miles is evident in its strategic network of contract growers located near major U.S. markets. This ensures that their organic herbs and lettuces, grown in controlled environments like hydroponic and vertical greenhouses, are always fresh and local.

Edible Garden's innovative approach and robust safety protocols have not only earned it a dedicated customer base but also positioned it as a disruptor in the CEA and sustainability technology landscape. For more information, visit Edible Garden AG.

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Edible Garden AG Incorporated announces partnership with KeHE Distributors to distribute Pulp sustainable gourmet sauces and chili-based products to over 31,000 retail locations in North America, enhancing brand visibility and growth.
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Edible Garden AG Incorporated announces the launch of its new line of Pulp sustainable gourmet sauces and chili-based products at the National Products EXPO WEST® 2024. The company aims to showcase its products to a wide audience and expand its retail presence in response to the growing global sauces and condiments market.
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Edible Garden AG Incorporated appoints Chanida Curnutt as Senior Vice President of Business Development and Compliance, bringing extensive global business experience to drive growth and expansion.
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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) has secured funding from the Going PRO Talent Fund to train and develop employees in supply chain management, transportation, and logistics. The grant aims to enhance employee skills, promote internal growth, and contribute to economic progress.
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Edible Garden AG Incorporated (EDBL) announces participation in the New Jersey Controlled Environment Agriculture Virtual Executive Roundtable. The company showcases its leadership in CEA, safety, and sustainability through partnerships with EPA, USDA, NJIT, and Auburn University. Edible Garden's commitment to food safety, innovation, and sustainability extends to collaborations with BRISEA Group Inc and Walmart's Project Gigaton. The company's focus on safety standards, energy efficiency, and sustainability in CEA has earned it recognition from Project Gigaton and involvement in The Global Food Safety Initiative.
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Edible Garden AG Incorporated expands its assortment of potted and fresh-cut herbs with major U.S. food retailer agreements, projecting $18 - $20 million in revenue over the initial three-year term.
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Edible Garden AG Incorporated has been issued a patent by the USPTO for its in-store, Self-Watering Display, designed to increase plant shelf life and provide an enhanced in-store plant display experience. The technology has been transformative in reducing spoilage at retail locations, ensuring maximum freshness, and aligning with the company's Zero-Waste Inspired® mission. The successful implementation at Meijer has led to an expansion across the company's distribution network.
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Edible Garden AG Incorporated announced the expansion of its Pulp sustainable gourmet USDA Organic fermented sauces to all nineteen Woodman’s Markets locations across Wisconsin and Illinois. The CEO, Mr. Jim Kras, expressed satisfaction with the positive feedback from customers and the high traffic volume at Woodman’s, which makes them an ideal partner for Edible Garden. The new product line aims to offer sustainable, USDA Organic, 'Bland to Bold' gourmet sauces to customers.
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Edible Garden AG Incorporated updates on sustainability initiatives, including participation in Walmart’s Project Gigaton, with a focus on waste reduction and supply chain productivity. The company's 2023 Project Gigaton impact includes significant material recycling, oil conservation, and food waste avoidance. CEO Jim Kras highlights the company's commitment to sustainability and reports an 800% improvement in reducing passenger car emissions. Edible Garden is also advancing initiatives like self-watering displays, GreenThumb 2.0, nanobubble technology research, and partnerships with academic institutions.
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Edible Garden AG Incorporated (Nasdaq: EDBL) has been issued a third patent related to its GreenThumb web-based greenhouse management and demand planning system by the U.S. Patent and Trademark Office (USPTO). The patent, U.S. Patent No. 11,830,088 B2, focuses on optimizing various aspects of greenhouse farming, including planting, pesticide application, and crop harvesting. The system incorporates sensors and a learning engine to forecast crop availability and market demand, allowing for automated crop production. The CEO, Mr. Jim Kras, emphasized the importance of the GreenThumb system in enhancing supply chain effectiveness and supporting the company's growth, including the integration of new greenhouse facilities like Edible Garden Heartland in Grand Rapids, Michigan.
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FAQ

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

The current stock price of Edible Garden Incorporated (EDBL) is $0.1589 as of November 21, 2024.

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

The market cap of Edible Garden Incorporated (EDBL) is approximately 2.8M.

What does Edible Garden AG Incorporated do?

Edible Garden AG Inc. focuses on growing fresh, organic food using controlled environment agriculture techniques, combining traditional and advanced technologies.

Where are Edible Garden's facilities located?

Edible Garden operates its greenhouses and processing facilities in Belvidere, New Jersey, and Grand Rapids, Michigan.

What is the Zero-Waste Inspired® farming approach?

The Zero-Waste Inspired® approach emphasizes sustainability and safety in all farming practices, aiming to minimize waste and environmental impact.

What is the GreenThumb 2.0 software?

GreenThumb 2.0 is Edible Garden's patented software designed to optimize growth in vertical and traditional greenhouses, reducing pollution-generating food miles.

What products does Edible Garden offer?

Edible Garden offers organic herbs and lettuces, plant and whey protein powders under the Vitamin Way® and Vitamin Whey® brands, and sustainable food flavoring products like Pulp gourmet sauces.

How many stores carry Edible Garden products?

Edible Garden products are available in over 5,000 stores across the United States.

What is the self-watering display?

The self-watering display is a patented technology designed to increase the shelf life of plants and provide an enhanced in-store display experience.

What is Edible Garden's approach to sustainability?

Edible Garden focuses on sustainable practices, including the use of hydroponic and vertical greenhouses, sustainable packaging, and a strategic network of local contract growers.

Does Edible Garden offer any protein products?

Yes, Edible Garden offers plant and whey protein powders under the Vitamin Way® and Vitamin Whey® brands.

How can I get more information about Edible Garden?

For more information, you can visit Edible Garden's official website at https://ediblegardenag.com/.

Edible Garden AG Incorporated

Nasdaq:EDBL

EDBL Rankings

EDBL Stock Data

2.82M
16.98M
10.21%
2.42%
1.61%
Farm Products
Consumer Defensive
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United States of America
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