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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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-0.61%
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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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-0.61%
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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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-5.59%
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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) achieved a more than 50% year-over-year increase in preliminary Produce sales results for the key holiday time period. The company's high fulfillment rate of 98% contributed to its success, appealing to distribution partners and retail outlets such as Meijer, Walmart, Wakefern/ShopRite, Hannaford, Target, Tops Friendly Markets, and H Mart. Edible Garden is committed to its Zero-Waste Inspired® mission and aims to sustain its growth trajectory, ensuring excellence, sustainability, and reliability in the future.
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-4.91%
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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) announced that Target will carry its new line of Pulp sustainable gourmet USDA Organic fermented sauces in all retail locations across the southeast. The CEO, Mr. Jim Kras, highlighted the significant expansion of their distribution network, encompassing over 5,000 retail locations nationwide, including big-box retail partners. Target plans to carry three Pulp gourmet sauces exclusively in the Produce section, accompanied by a comprehensive marketing campaign. The collaboration with Target is expected to accelerate the growth and visibility of both Pulp and the Edible Garden brand.
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6.19%
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Edible Garden AG Incorporated (EDBL, EDBLW) announced a partnership with Uncle Giuseppe’s Marketplace to carry their sustainable, locally grown produce in all of their retail locations across New York and New Jersey. This move is expected to expand Edible Garden's footprint in the Northeast region and provide added value to Uncle Giuseppe’s Marketplace and RBest Produce.
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-1.65%
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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) launches e-commerce site for Pulp line of sustainable gourmet, USDA Organic fermented sauces and chili-based products, aiming to enhance consumer reach nationwide. CEO Jim Kras emphasizes the commitment to expanding the product line and brand through the new platform, offering a complimentary Pulp cooler bag for initial orders.
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0.4%
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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) will exhibit its expanding line of premier, certified organic potted herbs, organic cut herbs, hydroponic basil, and local hydroponic lettuces, as well as its new line of Pulp sustainable, gourmet, USDA organic, fermented sauces and chili-based products at the 2023 New York Produce Show and Conference. The event, presented by the Eastern Produce Council and PRODUCE BUSINESS Magazine, will provide producers and retailers the opportunity to network, build relationships, and conduct business.
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0.76%
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Edible Garden AG Incorporated (EDBL) experiences over 45% year-over-year increase in preliminary sales results for the Thanksgiving holiday, driven by a 98.5% fulfillment rate. The company's distribution network includes over 5,000 retail locations and industry leaders like Meijer, Walmart, Wakefern/Shoprite, Hannaford, and H Mart. Edible Garden's focus on high-quality, locally sourced, organic, and sustainably produced goods aligns with its Zero-Waste Inspired® mission, positioning the company for future expansion and continued growth.
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18.33%
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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) announces a partnership with BRISEA Group Inc. to deploy a nanobubble generator demo unit at their Belvidere, New Jersey facility. This collaboration aims to demonstrate the capabilities and potential impact of the innovative technology, generating valuable data for ongoing partnerships involving NJIT, USDA, and EPA in examining the effects of nanobubble technology on the safety of fresh produce and processing methods. The partnership was granted approval by the NJ Economic Development Authority for a two-year nanobubble generator demonstration and evaluation.
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Rhea-AI Sentiment
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9.83%
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Edible Garden AG Incorporated
Nasdaq:EDBL
EDBL Rankings
EDBL Stock Data
1.91M
288.42k
4.27%
10.78%
0.2%
Soybean Farming
Agriculture, Forestry, Fishing and Hunting
United States of America
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