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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.

Rhea-AI Summary
Edible Garden AG Incorporated has successfully regained compliance with the minimum bid price requirement under Nasdaq Rule 5550(a)(2), ensuring the maintenance of its Nasdaq listing. CEO Jim Kras emphasizes the significance of this achievement for enhancing shareholder value and long-term success.
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Edible Garden AG Incorporated reported a 40% year-over-year increase in produce revenues and a more than 200% increase in cut herb revenue for the first quarter. The growth was attributed to investments in equipment, infrastructure, and expanded retail distribution. CEO Jim Kras highlighted sustained strong demand for cut herbs and the company's focus on becoming a vertically integrated herb supplier.
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Edible Garden AG Incorporated partners with UNFI Distributors to offer Pulp sustainable products across North America. The new line of gourmet sauces and chili-based products aims to enhance meals with a 'Bland to Bold' flavor profile, expanding the reach of Edible Garden's sustainable produce.
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Edible Garden AG Incorporated (EDBL) has started shipping spring ornamentals from its facility in Grand Rapids, Michigan, which is expected to positively impact the company's margins. The CEO highlighted the use of proprietary technologies and cutting-edge growing methods to expand the ornamental and floral business, anticipating a boost in overall margins due to the higher-margin nature of these products.
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Edible Garden AG Incorporated announces the vertical integration of its Edible Garden Heartland facility in Grand Rapids, Michigan, shifting production of potted herbs in-house to enhance margins. The company is now shipping USDA Organic potted herbs to major Midwest retailers, expecting reduced production costs and improved efficiency.
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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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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
Link
United States
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