Welcome to our dedicated page for Edible Garden news (Ticker: EDBL), a resource for investors and traders seeking the latest updates and insights on Edible Garden stock.
Edible Garden AG Inc (EDBL) drives innovation in sustainable agriculture through controlled environment growing systems. This news hub provides investors and industry stakeholders with essential updates on the company's operational developments, technological advancements, and market initiatives.
Access authoritative information about EDBL's latest press releases, including earnings reports, strategic partnerships, and sustainability achievements. Our curated collection features announcements about hydroponic farming innovations, supply chain expansions, and quality control enhancements that define the company's leadership in organic produce cultivation.
Key updates cover three focus areas: technology integration in greenhouse management systems, sustainability milestones through waste-reduction practices, and market expansion efforts serving retail and culinary partners. Each announcement maintains strict factual accuracy while highlighting EDBL's unique blend of traditional farming principles with modern agricultural tech.
Bookmark this page for direct access to primary source materials about Edible Garden's progress in redefining sustainable food production. Regularly updated content ensures stakeholders stay informed about developments impacting the controlled environment agriculture sector.
Edible Garden AG has appointed Deborah K. Pawlowski to its Board of Directors, effective October 14, 2022. With over 30 years of experience in investor relations and corporate strategy, she will also chair the Compensation Committee. CEO Jim Kras noted her expertise will support Edible Garden's growth and governance. The company, a leader in controlled environment agriculture, emphasizes sustainability and recently launched the Edible Garden Heartland facility to expand its Midwest presence. The team believes that local production can enhance food supply resilience and reduce carbon footprints.
Edible Garden AG Incorporated (Nasdaq:EDBL, EDBLW) will present at the 2022 MicroCap Rodeo Windy City Roundup Conference on October 13, 2022, in Chicago. CEO Jim Kras is set to speak at 1:30 PM CT, with a live webcast available for replay. The conference offers investors insights from over 60 microcap companies across various industries, with one-on-one meetings scheduled throughout the event. Edible Garden specializes in locally grown organic produce and operates advanced facilities in New Jersey and Michigan, focusing on sustainability and innovation.
Generational Equity has successfully facilitated the sale of Greenleaf Growers to Edible Garden Holdings, which closed on September 2, 2022. Greenleaf Growers, based in Grand Rapids, Michigan, specializes in greenhouse cultivation and wholesale distribution of seasonal plants. Following the acquisition, the facility will be rebranded as Edible Garden Heartland, leveraging advanced technologies to enhance production efficiency. CEO Jim Kras highlighted the commitment to sustainability and community impact, with expectations to retain current employees and create additional job opportunities in the Grand Rapids area.
Edible Garden AG has acquired a five-acre greenhouse in Grand Rapids, Michigan, aiming to enhance its Midwest operations. Expected to generate $20 million in annual revenue, the facility will also serve as a research center for sustainable agriculture, developing plant-based proteins and innovations in vertical growing technology. The acquisition includes an existing horticultural business generating $2 million annually, providing cross-selling potential. This initiative aligns with Edible Garden's commitment to sustainable practices and job creation in the local community.
Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) announced financial results for Q2 2022, reporting revenues of $3.0 million, up 7.5% year-over-year. The company cited market traction and successful initiatives, including an agreement with Nutracom for nutraceuticals. However, net loss increased to $4.8 million compared to $1.2 million in Q2 2021. Costs rose due to inflation and IPO-related expenses. The company is optimistic about future growth, focusing on expanding its distribution network and enhancing sustainability practices.
Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture, is hosting a conference call on August 15, 2022, at 11:00 a.m. Eastern Time to discuss its financial results for Q2 2022 and provide a business update.
Investors can participate via telephone or access a live webcast. The call will include key insights on the company's performance and future strategies in the growing market for locally grown, organic produce.
Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) has expanded its distribution by launching products in 28 Food Bazaar locations across New York, New Jersey, and Connecticut. CEO Jim Kras highlighted the successful pilot program at Food Bazaar and emphasized the company's strategy for growth in the Northeast, which serves over 12 million households.
Edible Garden produces organic, locally grown produce and operates advanced greenhouses in New Jersey. The company is noted for its sustainable farming practices and innovative technologies aimed at reducing environmental impact.
BELVIDERE, NJ, July 15, 2022 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture, announced CEO Jim Kras will present at the Benzinga All Access event on July 22, 2022, at 10:40 A.M. ET. The event will be broadcast live, with an archived recording available on the company's website for 90 days. Edible Garden offers locally grown organic produce through sustainable farming practices, operating in over 4,000 US stores, and continues to innovate with its GreenThumb software and eco-friendly initiatives.
Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) announced expanded distribution of its sustainable hydro basil across over 350 locations in the Northeast through a major retailer. This move enhances the company’s geographic reach and consumer acceptance. CEO Jim Kras emphasized the significance of sustainable farming practices to address environmental challenges. Edible Garden employs innovative hydroponic methods and eco-friendly packaging to maintain product quality while minimizing waste. The firm aims to further expand its offerings with this retailer and others in the future.
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