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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 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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Edible Garden AG Incorporated has received a grant from the Michigan Occupational Safety and Health Administration (OSHA) to purchase safety and health-related equipment and training at their facility in Grand Rapids, Michigan. The goal is to create a safer and healthier work environment and reduce the risk of injury and illness to workers in Michigan. The grant will aid in the implementation of advanced safety protocols and health measures, substantially mitigating the risks of workplace-related injuries and illnesses.
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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) achieved a more than 50% year-over-year increase in preliminary Produce sales results for the key holiday time period. The company's high fulfillment rate of 98% contributed to its success, appealing to distribution partners and retail outlets such as Meijer, Walmart, Wakefern/ShopRite, Hannaford, Target, Tops Friendly Markets, and H Mart. Edible Garden is committed to its Zero-Waste Inspired® mission and aims to sustain its growth trajectory, ensuring excellence, sustainability, and reliability in the future.
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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) announced that Target will carry its new line of Pulp sustainable gourmet USDA Organic fermented sauces in all retail locations across the southeast. The CEO, Mr. Jim Kras, highlighted the significant expansion of their distribution network, encompassing over 5,000 retail locations nationwide, including big-box retail partners. Target plans to carry three Pulp gourmet sauces exclusively in the Produce section, accompanied by a comprehensive marketing campaign. The collaboration with Target is expected to accelerate the growth and visibility of both Pulp and the Edible Garden brand.
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Edible Garden AG Incorporated (EDBL, EDBLW) announced a partnership with Uncle Giuseppe’s Marketplace to carry their sustainable, locally grown produce in all of their retail locations across New York and New Jersey. This move is expected to expand Edible Garden's footprint in the Northeast region and provide added value to Uncle Giuseppe’s Marketplace and RBest Produce.
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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) launches e-commerce site for Pulp line of sustainable gourmet, USDA Organic fermented sauces and chili-based products, aiming to enhance consumer reach nationwide. CEO Jim Kras emphasizes the commitment to expanding the product line and brand through the new platform, offering a complimentary Pulp cooler bag for initial orders.
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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) will exhibit its expanding line of premier, certified organic potted herbs, organic cut herbs, hydroponic basil, and local hydroponic lettuces, as well as its new line of Pulp sustainable, gourmet, USDA organic, fermented sauces and chili-based products at the 2023 New York Produce Show and Conference. The event, presented by the Eastern Produce Council and PRODUCE BUSINESS Magazine, will provide producers and retailers the opportunity to network, build relationships, and conduct business.
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Edible Garden AG Incorporated (EDBL) experiences over 45% year-over-year increase in preliminary sales results for the Thanksgiving holiday, driven by a 98.5% fulfillment rate. The company's distribution network includes over 5,000 retail locations and industry leaders like Meijer, Walmart, Wakefern/Shoprite, Hannaford, and H Mart. Edible Garden's focus on high-quality, locally sourced, organic, and sustainably produced goods aligns with its Zero-Waste Inspired® mission, positioning the company for future expansion and continued growth.
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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
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United States of America
BELVIDERE