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Edible Garden AG Inc reported $12.8M in revenue and a $17.3M net loss for fiscal 2025. See the full EDBL financial statements: income statement, balance sheet, cash flow and ratios, each column linked to its SEC filing.

Edible Garden Launches First-to-Market USDA Organic CEA-Grown Basil at Wakefern/ShopRite

Edible Garden starts an exclusive USDA Organic CEA-grown basil program with Wakefern’s ShopRite stores, using backhaul logistics to cut food miles.

(Moderate)
(Very Positive)
Tags

Edible Garden (EDBL) began shipping what it believes is the CEA industry’s first verified USDA Organic basil to Wakefern Food Corp. for exclusive distribution to participating ShopRite stores ahead of Labor Day weekend.

The basil is grown using Edible Garden’s controlled environment agriculture platform and localized supply-chain model, aiming to provide consistent, high-quality, year-round organic herbs. It is produced under USDA National Organic Program standards and independently verified by an accredited organic certifier. The program leverages Wakefern’s backhaul logistics network to enhance supply-chain efficiency, reduce food miles, and support Edible Garden’s Zero-Waste Inspired® mission while expanding its organic fresh herb offering with a major retail partner.

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Positive

  • Exclusive basil program with Wakefern/ShopRite expands Edible Garden’s retail presence
  • Launch of what is believed to be CEA’s first verified USDA Organic basil
  • Use of Wakefern’s backhaul logistics network to improve supply-chain efficiency and reduce food miles
  • Program supports Edible Garden’s Zero-Waste Inspired® mission and localized distribution model

Negative

  • None.

Market Reaction – EDBL

+0.60% $1.50 5.1x vol
15m delay
+0.60% Vs previous close
$1.50 Last Price
$1.41 $1.62 Day Range
$2.93M Market Cap
5.1x Rel. Volume

Following this news, EDBL has gained 0.60%, reflecting a mild positive market reaction. Our momentum scanner has triggered 3 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $1.50. Trading volume is exceptionally heavy at 5.1x the average, suggesting very strong buying interest.

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Market Context

The September 2 compliance announcement produced a -4.52% 24-hour reaction, adding historical cautio...
Analysis

The September 2 compliance announcement produced a -4.52% 24-hour reaction, adding historical caution to this distribution launch. The platform record also showed low short positioning; execution and retail uptake remain relevant risks.

Key Figures

Announcement date: Sept. 04, 2026 Market position: First-to-market
2 metrics
Announcement date Sept. 04, 2026 Edible Garden basil distribution announcement
Market position First-to-market Company-described CEA-grown USDA Organic basil

Historical Context

5 past events · Latest: Sep 02 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Sep 02 Nasdaq compliance Positive -4.5% Regained compliance with Nasdaq’s minimum bid price requirement.
Aug 27 Target herb program Positive -1.4% Awarded an expanded Target fresh herb program for the holiday season.
Aug 25 Facility appointment Neutral +3.5% Appointed a project manager for the Prairie Hills ready-to-drink facility.
Aug 24 Strategic partnership Positive -3.4% Partnered with Square Roots on functional ready-to-drink beverage development.
Aug 18 CFO appointment Neutral +1.0% Appointed Jon Gutoski as chief financial officer effective August 17.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Three of five recent company announcements had negative 24-hour reactions despite positive corporate developments.

Key Terms

cea, controlled environment agriculture, backhaul logistics network
3 terms
cea technical
"controlled environment agriculture (CEA), organic and sustainable produce"
Carcinoembryonic antigen (CEA) is a protein that can appear at higher levels in the blood when certain cancers are present or progressing; doctors use it like a smoke detector to monitor disease activity or response to treatment. For investors, changes in CEA levels reported in clinical trials or patient monitoring can signal whether a cancer therapy is working, influence regulatory decisions and labeling, and therefore affect a drug’s commercial prospects and a company’s valuation.
controlled environment agriculture technical
"fresh, certified organic basil grown using Edible Garden’s controlled environment agriculture platform"
Controlled environment agriculture is the practice of growing fruits, vegetables or herbs inside purpose-built spaces—such as greenhouses or indoor farms—where light, temperature, humidity and water are tightly managed to produce consistent crops year-round. Investors watch it because it turns farming into a predictable, scalable operation (like a factory for plants), affecting yields, costs, supply reliability and price stability, and therefore the revenue and risk profile of businesses involved.
backhaul logistics network technical
"The program utilizes Wakefern’s backhaul logistics network"
A backhaul logistics network is the system of routes, vehicles, warehouses and contracts used to carry goods on return trips after a carrier completes a delivery, turning otherwise empty return legs into revenue-generating moves. Like filling the empty seats on a return flight, it improves asset use, reduces per-shipment cost and lowers greenhouse-gas waste by matching available capacity with freight that needs transport. Investors care because it affects a carrier or logistics provider’s efficiency, margin and asset utilization.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Exclusive Program Expands ShopRite Distribution Ahead of Labor Day

Utilizes Wakefern Backhaul Network to Enhance Supply-Chain Efficiency, Reduce Food Miles and Support Edible Garden’s Zero-Waste Inspired® Mission

BELVIDERE, NJ, Sept. 04, 2026 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), organic and sustainable produce, and developer of the Zero-Waste Inspired® mission and Farm-to-Formula® platform today announced that it has begun shipping what the Company believes to be the CEA industry’s first verified USDA Organic basil to Wakefern Food Corp. for distribution to participating ShopRite stores as part of an exclusive program. The expanded distribution comes ahead of Labor Day weekend, a period of increased demand for fresh herbs driven by grilling, entertaining and seasonal meal preparation, and provides ShopRite shoppers with access to fresh, certified organic basil grown using Edible Garden’s controlled environment agriculture platform and localized supply-chain model.

Edible Garden’s USDA Organic basil is grown in a controlled environment designed to provide greater consistency, quality and year-round availability while reducing reliance on long-distance supply chains. The basil is produced in accordance with USDA National Organic Program standards and independently verified by an accredited organic certifier.

“Bringing what we believe is the CEA industry’s first verified USDA Organic basil to Wakefern and participating ShopRite stores through this exclusive program represents an important expansion of our organic fresh herb offering and reflects our continued focus on innovation within the category,” said Jim Kras, Chief Executive Officer of Edible Garden. “Our goal is to give consumers the combination of organic integrity, freshness, and locally grown convenience they increasingly seek. Launching this product ahead of Labor Day also gives ShopRite shoppers a differentiated fresh herb option at a time when families are gathering, grilling, and preparing meals together.”

“Wakefern and its supermarket members have built a strong reputation for delivering fresh, high-quality products to their customers, and we are proud to expand our relationship with them. The program utilizes Wakefern’s backhaul logistics network, allowing our products to be picked up as part of existing transportation routes, which is designed to enhance supply-chain efficiency, reduce unnecessary food miles and further support our Zero-Waste Inspired® mission. We believe this program demonstrates the value of our controlled environment agriculture platform and localized distribution capabilities, while creating additional opportunities to grow our presence with major retail partners,” concluded Mr. Kras.

ABOUT EDIBLE GARDEN®

Edible Garden AG Incorporated is a leader in controlled environment agriculture (CEA), delivering organic, better-for-you, sustainable produce and products through its Zero-Waste Inspired® next-generation farming model. Available in over 6,000 retail locations across the United States, Caribbean, and South America, Edible Garden is at the forefront of the CEA and sustainability technology movement, distinguished by its advanced safety-in-farming protocols, sustainable packaging, patented GreenThumb software, and innovative Self-Watering in-store displays. The Company operates state-of-the-art, vertically integrated greenhouses and processing facilities, including Edible Garden Heartland in Grand Rapids, Michigan; Edible Garden Prairie Hills in Webster City, Iowa; and its headquarters at Edible Garden Belvidere in New Jersey. It also partners with a network of contract growers strategically located near major U.S. markets to ensure freshness and reduce environmental impact. The Company is also expanding its Prairie Hills facility in Webster City, Iowa, into a dedicated ready-to-drink (RTD) clean nutrition manufacturing hub, supporting its Farm-to-Formula® strategy and its transformation into higher-margin, shelf-stable nutrition categories.

Edible Garden’s proprietary GreenThumb 2.0 software—protected by U.S. Patents US 11,158,006 B1, US 11,410,249 B2, and US 11,830,088 B2—optimizes vertical and traditional greenhouse growing conditions while aiming to reduce food miles. Its patented Self-Watering display (U.S. Patent No. D1,010,365) is designed to extend plant shelf life and elevate in-store presentation. In addition to its core CEA operations, Edible Garden owns three patents in advanced aquaculture technologies: a closed-loop shrimp farming system (US 6,615,767 B1), a modular recirculating aquaculture setup with automated water treatment and feeding (US 10,163,199 B2), and a sensor-driven ammonia control method utilizing electrolytic chlorine generation (US 11,297,809 B1).

The Company has been recognized as a FoodTech 500 firm by Forward Fooding, is a multi-year participant in Walmart’s Project Gigaton and a Giga Guru designee and has received NRG’s Excellence in Energy Award for its commitment to measurable environmental performance and energy stewardship. Edible Garden also develops and markets a growing line of nutrition and specialty food products, including Vitamin Way® and Vitamin Whey®—plant and whey protein powders—and Kick. Sports Nutrition, a premium performance line for health-conscious athletes seeking cleaner, better-for-you options. The Company’s offerings further include fresh, sustainable condiments such as Pulp fermented gourmet and chili-based sauces, as well as Pickle Party, a collection of fermented fresh pickles and krauts.

Learn more at https://ediblegardenag.com.
For Pulp products, visit https://www.pulpflavors.com.
For Vitamin Whey® products, visit https://vitaminwhey.com.
For Kick. Sports Nutrition products, visit https://kicksportsnutrition.net/.
Watch the Company’s latest corporate video here.

FORWARD-LOOKING STATEMENTS

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as “believe,” “expect,” “intend,” “expand,” “advance,” “designed to,” “opportunity,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these words. These statements include, without limitation, statements regarding the level and durability of inbound retailer interest and the Company’s ability to convert that interest into new or expanded distribution programs, the Company’s available capacity and ability to service additional retail volume, the expected effect of the Company’s cost reduction and automation initiatives on operating margins, the continued growth of the Company’s fresh cut herb and USDA Organic product lines, the development of the Company’s ready-to-drink manufacturing facility in Webster City, Iowa, and the Company’s Farm-to-Formula® strategy. There can be no assurance that any inbound interest will result in binding agreements, incremental revenue or improved margins. Forward-looking statements are based on the Company’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including those described in the “Risk Factors” section and other sections of the Company’s reports filed with the Securities and Exchange Commission. All forward-looking statements speak only as of the date on which they are made, and the Company undertakes no duty to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Contacts:
Crescendo Communications, LLC
212-671-1020
EDBL@crescendo-ir.com


FAQ

What did Edible Garden (EDBL) announce about USDA Organic basil at Wakefern/ShopRite?

Edible Garden announced it has begun shipping what it believes is the CEA industry’s first verified USDA Organic basil to Wakefern Food Corp. for exclusive distribution to participating ShopRite stores, expanding its organic fresh herb offering.

Why is Edible Garden’s USDA Organic basil launch at ShopRite considered first-to-market?

The company believes this basil is the CEA industry’s first verified USDA Organic basil. It is grown in a controlled environment, produced under USDA National Organic Program standards, and independently verified by an accredited organic certifier.

How does the Wakefern backhaul network support Edible Garden’s basil program for EDBL?

The program uses Wakefern’s backhaul logistics network, allowing Edible Garden products to be picked up on existing transportation routes. This is designed to enhance supply-chain efficiency, reduce unnecessary food miles, and support the company’s Zero-Waste Inspired® mission.

What benefits does Edible Garden’s CEA-grown organic basil offer to ShopRite shoppers?

Edible Garden’s basil is grown in a controlled environment to provide greater consistency, quality and year-round availability. The company aims to offer shoppers organic integrity, freshness, and locally grown convenience through its localized supply-chain model.

Why did Edible Garden time the USDA Organic basil launch with Labor Day for EDBL?

The launch ahead of Labor Day weekend targets a period of increased demand for fresh herbs, driven by grilling, entertaining, and seasonal meal preparation. The company expects this timing to give ShopRite shoppers a differentiated fresh herb option during family gatherings and meal occasions.

How does the new basil program align with Edible Garden’s Zero-Waste Inspired mission?

The program supports the Zero-Waste Inspired® mission by using a localized supply-chain model and Wakefern’s backhaul logistics network. These measures are designed to reduce unnecessary food miles, improve distribution efficiency, and showcase the value of Edible Garden’s controlled environment agriculture platform.