Company Overview - Edible Garden AG Incorporated is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce and products [5] - The company operates state-of-the-art greenhouses and processing facilities in Belvidere, New Jersey, and Grand Rapids, Michigan, and has a network of contract growers near major U.S. markets [5] - Edible Garden offers products at over 5,000 stores in the U.S. and is known for its innovative farming protocols, sustainable packaging, and proprietary technologies [5] Recent Offering - The company announced a public offering of 2,655,000 shares of common stock, along with Class A and Class B warrants, at a combined public offering price of $2.26 per share [1] - Gross proceeds from the offering are expected to be approximately $6.0 million before deducting fees and expenses [1] - The offering is being managed by Maxim Group LLC as the sole placement agent [2] Securities Registration - The securities are being offered under a registration statement on Form S-1, which was declared effective by the SEC on May 22, 2024 [3] - A preliminary prospectus has been filed with the SEC, and the final prospectus will be available upon completion of the offering [3]

Edible Garden (NASDAQ:EDBL) stock is in the rise Wednesday alongside a strong Q1 earnings report and a potential short squeeze of its shares. Edible Garden's Q1 earnings report includes revenue of $3.1 million. While that's below Wall Street's estimate of $3.2 million, it still represents a 27.6% increase year-over-year. Edible Garden CEO Jim Kras said the following about the company's Q1 performance. "We have achieved consistent top-line revenue growth over recent quarters, and more importantly, have incre ...

Edible Garden AG Incorporated (NASDAQ:EDBL) Q1 2024 Earnings Conference Call May 15, 2024 8:00 AM ET Company Participants Ted Ayvas - Investor Relations Jim Kras - Chief Executive Officer Kostas Dafoulas - Interim Chief Financial Officer Conference Call Participants Anthony Vendetti - Maxim Group Operator Good morning and welcome to the Edible Garden First Quarter 2024 Business Update Conference Call. At this time all participants are on a listen-only mode and we will open for questions following the presen ...

Edible Garden AG Inc (NASDAQ: EDBL) nearly doubled in premarket on Wednesday after reporting a significantly year-over-year increase in its first-quarter revenue. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Edible Garden CEO on Q1 earnings Copy link to section The organic food company saw its revenue come in at $3.1 million in Q1 that translates to a near 28% increase versus last year. $EDBL attributed the strength to customer demand and expansio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-41371 EDIBLE GARDEN AG INCORPORATED (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 85-0558704 ( ...

Edible Garden Reports Significant 27.6% Year-Over-Year Revenue Growth for First Quarter of 2024 EX-99.1 2 edbl_ex991.htm PRESS RELEASE EXHIBIT 99.1 195.8% Gross Profit Increase in Q1 2024 with Gross Margin Increasing by 171 Basis Points 95% of Edible Garden Fresh Product Line Being Produced at Company-Owned Facilities - Strategic Pivot Away from Third-Party Growers Marks a Turn Toward Higher Expected Profits Vertical Integration Expected to Pay Of - Company Plans to Boost Margins in the Coming Quarters Conf ...

195.8% Gross Profit Increase in Q1 2024 with Gross Margin Increasing by 171 Basis Points 95% of Edible Garden Fresh Product Line Being Produced at Company-Owned Facilities - Strategic Pivot Away from Third-Party Growers Marks a Turn Toward Higher Expected Profits Vertical Integration Expected to Pay Off - Company Plans to Boost Margins in the Coming Quarters Conference Call to Be Held Today at 8:00 am ET. BELVIDERE, N.J., May 15, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the ...

BELVIDERE, NJ, May 08, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, announced today that it will host a conference call on Wednesday, May 15, 2024, at 8:00 AM Eastern Time to discuss financial results for the quarter ended March 31, 2024, and provide a business update. The conference call will be available via telephone by dial ...

BELVIDERE, NJ, May 08, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, announced today that it will host a conference call on Wednesday, May 15, 2024, at 8:00 AM Eastern Time to discuss financial results for the quarter ended March 31, 2024, and provide a business update. The conference call will be available via telephone by dial ...

R&D partnership focused on next-generation fermented product development Strategy to leverage Edible Garden's credibility in produce for new product expansion BELVIDERE, NJ, May 07, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW))), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that it has entered into a product development agreement (the "Agreement") with Herm ...