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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 that its CEO, Jim Kras, appeared on the national morning news show, Morning Rush. The company is a leader in controlled environment agriculture (CEA) and focuses on locally grown, organic, and sustainable produce and products.
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Edible Garden AG Incorporated receives grant from USDA Organic Certification Program to reduce cost of organic certification
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Edible Garden reports record year-over-year revenue growth of 41.4% in Q2 2023. Gross profit increases by 168%. Expansion of distribution network and strategic focus on lucrative customer relationships contribute to positive results. Edible Garden broadens distribution with Walmart. Launch of GreenThumb 2.0 enhances greenhouse management system. Company aims for positive cash flow before year-end. Revenue for Q2 2023 totals $4.2 million. Net loss decreases to $638,000 compared to $4.8 million in Q2 2022.
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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) expands distribution alliance with Walmart, adding new SKUs in Northeast locations and extending reach to East South Central region. Solid order fill rates and commitment to sustainability drive expanded relationship.
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Edible Garden AG Incorporated has announced the launch of GreenThumb 2.0, an enhanced version of their proprietary greenhouse management and demand planning system. The upgraded system offers improved dynamic forecasting abilities and efficient data integration, allowing for better management of goods throughout the supply chain. It also includes features such as an upgraded purchase order screen and a real-time inventory system.
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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 $0.1604 as of November 22, 2024.

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

The market cap of Edible Garden Incorporated (EDBL) is approximately 3.0M.

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

3.03M
16.98M
10.21%
2.42%
1.61%
Farm Products
Consumer Defensive
Link
United States of America
BELVIDERE