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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 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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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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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

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6.23M
Farm Products
Consumer Defensive
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United States
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