Core Herb Business Grows 16% as Gross Margins Nearly Triple in 2024, Driven by Strong Operational Execution and Vertical Integration Continues to Pursue Strategic Narayan Acquisition Conference Call to Be Held Today at 8:00 am ET. BELVIDERE, N.J., March 31, 2025 (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 provided a business ...

BELVIDERE, NJ, March 24, 2025 (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 Monday March 31, 2025, at 8:00 AM Eastern Time to discuss financial results for the fourth quarter and year ended December 31, 2024, and provide a business update. The conference call will be available vi ...

Core Insights - Edible Garden AG Incorporated has been recognized as a top 50 company in the 2024 FoodTech 500 list, highlighting its leadership in controlled environment agriculture and sustainable practices [1][2][3] Company Overview - Edible Garden specializes in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce [1][6] - 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 [6] - Edible Garden's patented GreenThumb software and self-watering displays enhance operational efficiency, extend product shelf life, and reduce waste [3][6] Industry Recognition - The FoodTech 500 is a prestigious list that evaluates over 2,000 companies globally, recognizing those at the intersection of food, technology, and sustainability [2][4] - Edible Garden's inclusion in the top 50 reflects its business size, digital presence, and sustainability practices [2][3] Commitment to Sustainability - The company is dedicated to its Zero-Waste Inspired® mission, aiming to address challenges in food production while promoting sustainable practices [3] - Edible Garden's innovations contribute to a more sustainable food ecosystem, benefiting retailers, consumers, and the environment [3][6]

Core Insights - Edible Garden AG Incorporated has partnered with Freshtown Marketplace to offer its USDA Organic herb product line, enhancing accessibility for health-conscious consumers seeking fresh, sustainable produce [1][2] - The partnership aligns with Edible Garden's mission to provide flavorful herbs and supports the growing demand for organic and locally sourced products [2] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce, with a commitment to Zero-Waste Inspired farming practices [3] - The company operates state-of-the-art greenhouses and processing facilities in New Jersey and Michigan, and has a network of contract growers near major U.S. markets [3] - Edible Garden's proprietary technologies include the GreenThumb software for optimizing growth and a self-watering display to enhance plant shelf life and in-store experience [3] Product Offerings - The company offers a variety of USDA Organic herbs, including basil, cilantro, and parsley, cultivated with a focus on quality and sustainability [2] - In addition to herbs, Edible Garden develops plant and whey protein powders under the Vitamin Way and Vitamin Whey brands, as well as sustainable food flavoring products like Pulp gourmet sauces [3]

Core Insights - Edible Garden AG Incorporated is participating in Indoor Ag-Con 2025, focusing on Integrated Pest Management (IPM) for controlled environment agriculture (CEA) [1][2][3] - Amanda Caton, Head Grower at Edible Garden, will present best practices for IPM, aimed at enhancing pest control and crop health [1][3] - The event serves as a significant platform for industry professionals to connect and explore innovations in CEA [2][4] Company Overview - Edible Garden is a leader in CEA, providing locally grown, organic, and sustainable produce, with a commitment to Zero-Waste Inspired® practices [5] - The company operates advanced greenhouses and processing facilities in New Jersey and Michigan, and has a network of contract growers near major U.S. markets [5] - Edible Garden utilizes patented technologies such as GreenThumb software and self-watering displays to optimize production and reduce environmental impact [5]

Company Overview - Edible Garden AG Incorporated is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce and products [6] - The company operates state-of-the-art greenhouses and processing facilities in New Jersey and Michigan, with a network of contract growers near major U.S. markets [6][7] - Edible Garden's proprietary GreenThumb software optimizes growing in vertical and traditional greenhouses, aiming to reduce pollution-generating food miles [7] Acquisition of Narayan Group - Edible Garden is pursuing the acquisition of Narayan Group, a European producer of organic coconut and superfood products, which is expected to enhance supply chain efficiencies and expand access to healthier ingredients in North America and Europe [1][3] - The acquisition is seen as a major milestone in Edible Garden's growth strategy, allowing for international expansion and the introduction of high-quality, sustainably sourced superfoods to the North American market [3] - Narayan's vertically integrated supply chain will provide greater control over sourcing, production, and distribution, enhancing operational efficiency and reducing costs [3] Event Announcement - Edible Garden will host "The Future of Food" event during Natural Products Expo West® 2025, featuring culinary advisor and James Beard Award-winning Chef JJ Johnson [1][4] - The event aims to showcase bold, globally inspired flavors using Edible Garden's fresh, sustainably grown ingredients, highlighting the intersection of culinary innovation and sustainability [4][5] - The company will also promote its Pickle Party, Pulp, and Squeezables product lines at the Expo, reinforcing its commitment to clean-label condiments [5]

Core Insights - Edible Garden AG Incorporated is participating in Natural Products Expo West® 2025, showcasing its commitment to sustainability and clean-label ingredients in the fresh condiments category [1][5] - The company is introducing its innovative product lines, including Pickle Party, Pulp, and Squeezables, which emphasize bold flavors and responsible sourcing [3][4][5] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce, with a Zero-Waste Inspired® farming approach [6] - The company operates state-of-the-art greenhouses and processing facilities in New Jersey and Michigan, and has a network of contract growers near major U.S. markets [6] - Edible Garden's proprietary GreenThumb software optimizes growing processes and aims to reduce food miles, while its self-watering displays enhance plant shelf life [6] Product Lines - The Pickle Party line features the world's first functional pickle, made with sustainably sourced, fermented Kosher, Non-GMO ingredients [3] - The Pulp product line includes gourmet sauces and chili-based products available at major retailers, designed to elevate everyday meals with unique flavors [3] - Squeezables are shelf-stable, stir-in paste herbs that maintain fresh flavors and extend shelf life, aligning with the company's sustainability goals [4] Industry Context - Natural Products Expo West® 2025 is expected to attract 60,000 to 65,000 participants, with buyers making up approximately 60% of attendees, highlighting the growing interest in natural and organic products [2]

Core Insights - Edible Garden AG Incorporated's CEO, Jim Kras, has been recognized in the 2025 NJBIZ Power 100 list, highlighting influential business leaders in New Jersey [1][2] - This recognition follows Kras being named a finalist for the Entrepreneur Of The Year® 2024 New Jersey Award by Ernst & Young, celebrating innovative business leaders [3] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce [5] - The company operates state-of-the-art greenhouses and processing facilities in Belvidere, New Jersey, and Grand Rapids, Michigan, with a network of contract growers near major U.S. markets [5] - Edible Garden's proprietary GreenThumb software optimizes growing in vertical and traditional greenhouses, aiming to reduce pollution-generating food miles [5] - The company offers a range of products, including plant and whey protein powders under the Vitamin Way® and Vitamin Whey® brands, as well as sustainable food flavoring products [5] Innovations and Sustainability Efforts - Edible Garden is committed to revolutionizing sustainable agriculture through technology and responsible farming practices, including a Zero-Waste Inspired® mission [4] - The patented GreenThumb software enhances efficiency and optimizes crop yields, while the self-watering display technology extends plant shelf life and reduces spoilage [4]

Core Insights - Edible Garden AG Incorporated has launched a curb-side recyclable pot across its retail distribution network, initially introduced at Walmart, contributing to a reduction of 11,803 metric tons of CO2 emissions [1][2]. Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce, supported by its Zero-Waste Inspired® farming practices [3]. - The company operates over 5,000 stores in the U.S. and utilizes patented technologies such as GreenThumb software and self-watering displays to enhance sustainability and product quality [3]. Sustainability Commitment - The introduction of the recyclable pot is a significant milestone in Edible Garden's commitment to environmental responsibility, aiming to reduce waste and ecological footprint [2]. - The initiative aligns with the sustainability goals of retail partners like Walmart and caters to environmentally conscious consumers [2].

Core Insights - Edible Garden AG Incorporated has successfully completed pilot production of Squeezables, a new line of shelf-stable, stir-in paste herbs aimed at transforming the fresh condiments market [1][2] - The Squeezables product offers extended shelf life, bold flavor, and fully recyclable packaging, aligning with the company's sustainability goals [2] - The company operates over 5,000 stores in the U.S. and utilizes advanced farming technologies and sustainable practices to enhance its product offerings [3] Product Innovation - Squeezables are designed to provide a fresh and convenient alternative to traditional condiments, maintaining flavor and quality even after opening [2] - The packaging is fully recyclable, reflecting the company's commitment to reducing environmental impact and supporting sustainability [2] - The longer shelf life of Squeezables helps retailers minimize waste while ensuring consumer satisfaction [2] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA) and focuses on locally grown, organic, and sustainable produce [3] - The company employs patented technologies such as GreenThumb software and self-watering displays to optimize production and enhance the consumer experience [3] - Edible Garden also offers a range of products including plant and whey protein powders, as well as gourmet sauces and chili-based products [3]