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 Incorporated (NASDAQ: EDBL) regularly issues news and updates that reflect its role in controlled environment agriculture (CEA) and branded better-for-you food products. Company news often highlights new retail placements, distribution expansions, and strategic partnerships that extend the reach of its locally grown, organic herbs, hydroponic basil, and value-added brands such as Kick. Sports Nutrition, Pulp fermented sauces, and Pickle Party ae fermented pickles and krauts.
Press releases frequently cover retail expansion with regional and national grocers, including integrated herb programs, new store openings carrying Edible Garden products, and broader coverage in high-density metropolitan areas. Updates also describe the company’s omnichannel growth strategy, such as the availability of Kick. Sports Nutrition on major e-commerce platforms, which broadens consumer access to its clean-label, performance-focused nutrition offerings.
Investors and observers will also find news on financial and corporate developments, including preliminary sales performance during key selling periods, participation in state tax certificate transfer programs, and capital markets activities disclosed in conjunction with SEC filings. Governance-related announcements, such as appointments to the Board of Directors or senior leadership roles, provide additional context on the company’s oversight and strategic direction.
This news feed aggregates Edible Garden’s latest announcements so readers can follow developments in its CEA operations, technology platform, sustainability initiatives, and branded product portfolio. For those tracking EDBL, the page offers a centralized view of how the company communicates its growth initiatives, partnerships, and financial milestones over time.
Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) announced that its products will now be available in all 16 Morton Williams Supermarkets in the New York Metropolitan area. This expansion enhances Edible Garden's robust distribution network and highlights its commitment to providing locally grown, organic produce. CEO Jim Kras stated that the company will offer its entire product line, including herbs and lettuce, tailored to each store's needs. Morton Williams expressed enthusiasm for partnering with Edible Garden to provide high-quality, fresh food to its customers.
Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) reported above-industry order fulfillment rates, leading to a successful 2022 holiday season. CEO Jim Kras highlighted that their fill rate surpassed 100% with a major retailer, showcasing their reliability amidst supply chain challenges. Edible Garden continues to expand its reach, offering organic produce across over 4,000 stores in the US. The company emphasizes sustainable practices and innovative logistics, with plans to introduce new food products.
Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) has completed the first phase of its Edible Garden Heartland greenhouse in Grand Rapids, Michigan, ahead of schedule. Initial production has begun, with FDA food safety and USDA Organic certifications expected in January 2023. Phase two will introduce a seeding machine and hybrid vertical grow system to enhance production capabilities and profit margins. Additionally, a legacy floral business is generating revenue through holiday poinsettia sales, supporting the company's commitment to zero-waste and local, fresh produce.
Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) is expanding its retail distribution by adding its products to 29 Gristedes and D’Agostino supermarkets located in Manhattan, Brooklyn, and Westchester. This strategic partnership aims to enhance product visibility and freshness through branded displays and advanced merchandising techniques. CEO Jim Kras emphasized the importance of high foot traffic in these urban locations and the company’s commitment to sustainability. Edible Garden's innovative packaging extends product shelf life, aiming to meet consumer demand while benefiting store owners.
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Edible Garden AG Incorporated (NASDAQ: EDBL, EDBLW) announced a new holiday offering, the Poultry Mix, which includes potted rosemary, thyme, and sage. This product aims to simplify holiday meal preparation and will be available through major retailers like Weis Markets, King Kullen, Meijer, ShopRite, and Hannaford. The pricing is held steady to pre-inflation levels, reflecting the company's sensitivity to consumer costs. The initiative enhances distribution and aims to positively impact sales during the holiday season.
Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) has announced the acquisition of Pulp, a company known for its sustainable gourmet sauces and chili-based products. With this strategic move, Edible Garden aims to expand its product offerings while leveraging its existing distribution network to bring these all-natural, Non-GMO sauces to a wider market. This acquisition aligns with Edible Garden's Zero-Waste Inspired® approach, focusing on sustainable practices and fresh, locally sourced ingredients. The move is expected to capitalize on the rising consumer demand for flavorful, preservative-free products.
Edible Garden AG announced the acquisition of a five-acre greenhouse facility in Grand Rapids, Michigan, expected to generate up to $20 million in annualized revenue. The facility, set to begin operations by year-end, will enhance capacity and include a research and development center focusing on plant-based products. In Q3 2022, revenues rose 12.5% year-over-year to $2.8 million, despite a net loss of $2.1 million. Operating expenses increased due to higher payroll and public company costs. A conference call regarding these developments is scheduled for today.
Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) announced a conference call on November 10, 2022, to discuss financial results for Q3 2022, ending September 30. The call will provide business updates and can be accessed via telephone or webcast. Edible Garden focuses on controlled environment agriculture, offering organic produce at over 4,000 stores in the U.S. Their sustainable farming protocols and innovative GreenThumb software aim to optimize production and reduce food miles. The company operates advanced greenhouses in New Jersey and Michigan.
Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) will showcase its organic produce and Zero-Waste Inspired® initiatives at the Global Produce & Floral Show in Orlando, Florida, from October 27-29, 2022. The Company aims to highlight its certified organic potted and cut herbs, hydroponic basil, and local lettuces. CEO Jim Kras emphasized their commitment to quality and sustainability, showcasing innovative packaging that extends shelf-life, such as cilantro lasting over 11 days. Edible Garden operates greenhouses in New Jersey and Michigan, serving over 4,000 stores nationwide.