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EDIBLE GARDEN AG INC - EDBLW STOCK NEWS

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

About Edible Garden AG Inc. (EDBLW)

Edible Garden AG Inc. is a pioneering company in the controlled environment agriculture (CEA) sector, specializing in the sustainable cultivation of fresh, organic produce. Through the integration of traditional agricultural practices with cutting-edge technologies, Edible Garden addresses key challenges in modern farming, including inefficiencies, environmental impact, and food safety. The company’s mission is rooted in its Zero-Waste Inspired® philosophy, emphasizing sustainability, traceability, and innovation across all facets of its operations.

Core Business and Operations

Edible Garden employs advanced CEA techniques, including hydroponics and vertical farming, within state-of-the-art greenhouse facilities. These controlled environments enable the company to grow high-quality organic herbs and lettuces while minimizing resource usage and environmental impact. The company’s proprietary GreenThumb 2.0 software optimizes greenhouse operations, enhancing productivity and reducing pollution-generating food miles. Additionally, Edible Garden’s patented self-watering display technology improves the shelf life of plants, offering an innovative in-store experience for retailers.

Product Portfolio

  • Fresh Produce: Locally grown organic herbs, lettuces, and other produce, distributed to retailers and food service providers.
  • Branded Products: A range of plant-based and whey protein powders under the Vitamin Way® and Vitamin Whey® brands.
  • Condiments: Sustainable, clean-label food flavoring products, including gourmet sauces and chili-based offerings.

Market Position

Operating in the competitive CEA industry, Edible Garden distinguishes itself through its commitment to sustainability and innovation. The company’s products are available in over 5,000 stores across the United States, demonstrating its extensive distribution network. By aligning with major retailers and leveraging patented technologies, Edible Garden is positioned as a key player in the organic and sustainable agriculture market.

Technological Innovations

Edible Garden’s technological advancements are central to its operations. The GreenThumb 2.0 software, for instance, streamlines greenhouse management, while nanobubble technology has been shown to enhance yield and reduce harvest cycles. These innovations not only improve efficiency but also align with the company’s sustainability goals. Additionally, their self-watering in-store displays and recyclable packaging solutions further reinforce their commitment to reducing waste and improving the consumer experience.

Challenges and Opportunities

Like many CEA companies, Edible Garden faces challenges such as high operational costs and the need for scalability. However, their focus on sustainability, proprietary technologies, and partnerships with retailers provides a competitive edge. The company’s ability to adapt to market demands and innovate within the sustainability and organic produce sectors positions it as a resilient player in the industry.

Conclusion

Edible Garden AG Inc. exemplifies the potential of controlled environment agriculture to revolutionize the food industry. By combining traditional farming techniques with technological innovation, the company addresses critical issues such as food safety, sustainability, and traceability. Its extensive product portfolio, patented technologies, and commitment to a Zero-Waste Inspired® mission make it a significant entity in the organic and sustainable agriculture landscape.

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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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Edible Garden AG Incorporated reported improved gross profit for Q1 2023 compared to last year. The company's shift in strategy towards higher-margin partnerships and products, as well as increased capacity from Edible Garden Heartland, is expected to positively impact margins. They achieved record revenue in April and project revenue growth of over 20% in 2023.
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FAQ

What is the current stock price of EDIBLE GARDEN (EDBLW)?

The current stock price of EDIBLE GARDEN (EDBLW) is $0.0516 as of March 3, 2025.

What does Edible Garden AG Inc. specialize in?

Edible Garden specializes in controlled environment agriculture, growing organic produce sustainably using advanced technologies like hydroponics and vertical farming.

What is the Zero-Waste Inspired® mission?

The Zero-Waste Inspired® mission reflects Edible Garden's commitment to sustainability by minimizing waste and optimizing resource use in its farming and packaging processes.

What products does Edible Garden offer?

Edible Garden offers organic herbs, lettuces, plant-based and whey protein powders, and sustainable condiments like gourmet sauces and chili-based products.

How does Edible Garden use technology in its operations?

Edible Garden employs proprietary technologies like the GreenThumb 2.0 software for greenhouse optimization and patented self-watering displays to enhance sustainability and efficiency.

What sets Edible Garden apart in the CEA industry?

Edible Garden differentiates itself through its Zero-Waste Inspired® mission, innovative technologies, and extensive distribution network, serving over 5,000 stores across the U.S.
EDIBLE GARDEN AG INC

Nasdaq:EDBLW

EDBLW Rankings

EDBLW Stock Data

6.23M
Farm Products
Consumer Defensive
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United States
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