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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 a planned 1-for-20 reverse stock split of its common stock to meet Nasdaq's minimum bid price requirements and improve marketability.
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Edible Garden AG Incorporated reports a 32.8% year-over-year revenue growth for the fourth quarter of 2023, with a 125.8% increase in gross profit in 2023. The company secures two new patents in 2024, showcasing its innovation in AgTech. Edible Garden's CEO highlights the company's revenue growth, partnerships with major retailers, and investment in infrastructure. Financially, the company saw an increase in revenue and gross profit, with improvements in gross and operating margins.
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Edible Garden AG Incorporated (EDBL) to host a conference call to discuss financial results for Q4 2023 and provide a business update.
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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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FAQ

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

The current stock price of Edible Garden Incorporated (EDBL) is $0.2377 as of December 20, 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

2.76M
16.94M
10.21%
2.42%
1.61%
Farm Products
Consumer Defensive
Link
United States of America
BELVIDERE