Core Viewpoint - Edible Garden AG Incorporated has expanded its distribution by launching its Gourmet Greens Hydroponic Basil at Hannaford Supermarkets, enhancing its retail presence and building on an existing relationship focused on quality and operational efficiency [1][4]. Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through its Zero-Waste Inspired® farming model [5]. - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, utilizing advanced safety protocols and sustainable practices [5]. - Edible Garden's proprietary GreenThumb software optimizes growing conditions and aims to reduce food miles, while its patented Self-Watering display extends plant shelf life [6]. Product Details - Gourmet Greens is a premium brand within Edible Garden's portfolio, offering hydroponically grown basil that emphasizes consistent quality, extended shelf life, and reduced food waste [2][4]. - The product is produced using Edible Garden's controlled environment agriculture platform, which enhances product consistency and supports responsible sourcing [4]. Retail Partnership - The partnership with Hannaford Supermarkets, which operates nearly 190 stores across the Northeast, reflects Edible Garden's ability to scale its branded products with leading regional retailers [3][4]. - This expansion supports Edible Garden's strategy of deepening relationships with regional retailers through branded offerings that improve in-store performance and consumer satisfaction [4]. Recognition and Innovation - Edible Garden has been recognized as a FoodTech 500 firm and is a member of Walmart's Project Gigaton sustainability initiative [7]. - The company also develops a range of nutrition and specialty food products, including plant and whey protein powders, and sustainable condiments [7].

Core Viewpoint - Edible Garden AG Incorporated has expanded its product line by launching Pickle Party™, a fresh, fermented, Kosher, and Non-GMO pickle and kraut line, at Woodman's Markets, enhancing its presence in the Midwest and providing consumers with clean-label food options [1][2]. Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on sustainable, locally grown organic produce through its Zero-Waste Inspired® farming model [5]. - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, utilizing advanced safety protocols and sustainable packaging [5]. - Edible Garden's proprietary GreenThumb 2.0 software optimizes growing conditions and aims to reduce food miles, while its patented Self-Watering display extends plant shelf life [6]. Product Launch - Pickle Party is positioned as the world's first functional pickle line, crafted in partnership with the Hermann Pickle Company, featuring a variety of flavors and made using traditional fermentation methods [3]. - The product line is free from artificial preservatives, stabilizers, and added sugars, aligning with the company's commitment to clean-label foods [3]. Retail Partnership - Woodman's Markets, a Midwest grocery retailer, operates 20 large-format stores and is known for its value-driven pricing and high customer traffic, making it an ideal partner for Edible Garden [2]. - The introduction of Pickle Party at Woodman's supports Edible Garden's strategy to expand its clean-label food portfolio and leverage established retail relationships for sustainable growth [4].

Core Insights - Edible Garden AG Incorporated has expanded its distribution of Pickle Party™, a line of fresh, fermented, Kosher, and Non-GMO pickles and krauts, through Woodman's Markets in the Midwest, enhancing consumer access to clean-label food options [1][2] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through its Zero-Waste Inspired® farming model, available in over 5,000 retail locations across the U.S., Caribbean, and South America [5] - The company operates advanced greenhouses and processing facilities, including locations in Michigan, Iowa, and New Jersey, and collaborates with contract growers to ensure freshness and minimize environmental impact [5] Product Details - Pickle Party is positioned as the world's first functional pickle line, featuring raw, refrigerated, fermented products made using traditional fermentation methods aimed at promoting digestive wellness [3] - The product line includes various flavor profiles, free from artificial preservatives, stabilizers, and added sugars, aligning with the company's commitment to clean-label foods [3] Retail Partnership - Woodman's Markets operates twenty large-format stores in Wisconsin and Illinois, known for its value-driven pricing and high customer traffic, making it an ideal partner for Edible Garden's product offerings [2] - The introduction of Pickle Party at Woodman's supports Edible Garden's strategy to expand its clean-label food portfolio while leveraging established retail relationships for sustainable growth [4] Technology and Innovation - Edible Garden utilizes proprietary GreenThumb 2.0 software to optimize growing conditions and reduce food miles, along with patented Self-Watering displays to enhance product shelf life and in-store presentation [6] - The company holds multiple patents in aquaculture technologies, indicating a commitment to innovation in sustainable farming practices [6]

Core Viewpoint - Edible Garden AG Incorporated has launched its Pickle Party™ product line, which is now being shipped to King Kullen supermarkets, targeting health-conscious consumers seeking clean-label condiments [1][3]. Product Overview - Pickle Party™ is the world's first functional pickle line, developed in collaboration with Hermann Pickle Company, featuring raw, refrigerated, fermented, Kosher, and Non-GMO products [2]. - The product line includes a variety of pickles and krauts with diverse flavor profiles, free from artificial preservatives, stabilizers, and added sugars, aligning with the company's commitment to better-for-you foods [2]. Market Strategy - The partnership with King Kullen, a well-established supermarket chain, reflects Edible Garden's strategy to collaborate with respected regional grocers that prioritize fresh and responsibly sourced foods [3]. - The introduction of Pickle Party™ is positioned to meet the growing consumer demand for fermented and health-forward products, enhancing the company's presence in the New York Metro market [3]. Company Background - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through its Zero-Waste Inspired® farming model, available in over 5,000 retail locations [4]. - The company operates advanced greenhouses and processing facilities across the U.S., including locations in Michigan, Iowa, and New Jersey, and partners with contract growers to ensure product freshness [4]. Technology and Innovation - Edible Garden utilizes proprietary GreenThumb 2.0 software to optimize growing conditions and reduce food miles, along with patented Self-Watering displays to enhance product shelf life and in-store presentation [5]. - The company holds multiple patents in aquaculture technologies, indicating a commitment to innovation in sustainable farming practices [5]. Recognition and Product Line - Edible Garden has been recognized as a FoodTech 500 firm and is a member of Walmart's Project Gigaton sustainability initiative, highlighting its commitment to sustainability [6]. - The company also markets a range of nutrition and specialty food products, including plant and whey protein powders, and a line of gourmet sauces [6].

Core Insights - Edible Garden AG Incorporated is participating in the 2025 New York Produce Show and Conference, showcasing its Hydroponic Basil and expanding product lines, including Pulp fermented sauces and Pickle Party® [1][2][3] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through its Zero-Waste Inspired® farming model [4] - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, utilizing advanced safety protocols and sustainable packaging [4] - It has state-of-the-art greenhouses and processing facilities in Michigan, Iowa, and New Jersey, and partners with contract growers near major markets to ensure freshness [4] Product Offerings - The company offers a range of products, including Hydroponic Basil, Pulp fermented sauces, Pickle Party® fresh fermented products, and nutrition lines like Vitamin Way® and Vitamin Whey® [7] - Edible Garden's proprietary GreenThumb 2.0 software optimizes growing conditions and reduces food miles, while its patented Self-Watering display enhances plant shelf life [5] Market Position - Edible Garden has established itself as a leader in the Metropolitan New York market, achieving high delivery rates and service consistency, outperforming many competitors [3] - The company has been recognized as a FoodTech 500 firm and is a member of Walmart's Project Gigaton sustainability initiative [6]

Core Insights - Edible Garden AG Incorporated has expanded its distribution of USDA Organic herbs and sustainably grown produce to new retail partners, DUMBO Market in Brooklyn and Marrazzo's Market in New Jersey, enhancing access to fresh, sustainable food options in the Northeast [1][2][3] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on sustainable, locally grown organic produce through its Zero-Waste Inspired® farming model [4] - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, utilizing advanced safety protocols and sustainable packaging [4] - It has state-of-the-art greenhouses and processing facilities in multiple locations, including Michigan, Iowa, and New Jersey, and partners with contract growers near major markets to ensure freshness [4] Technology and Innovation - Edible Garden's proprietary GreenThumb 2.0 software optimizes greenhouse conditions and aims to reduce food miles, while its patented Self-Watering display extends plant shelf life [5] - The company holds patents in advanced aquaculture technologies, including a closed-loop shrimp farming system and a modular recirculating aquaculture setup [5] Market Position and Recognition - Edible Garden has been recognized as a FoodTech 500 firm and is a member of Walmart's Project Gigaton sustainability initiative, highlighting its commitment to sustainability [6] - The company also develops a range of nutrition and specialty food products, including plant and whey protein powders, and sustainable condiments [7]

Core Insights - Edible Garden AG Incorporated has launched a larger 3 oz. clamshell of its Poultry Mix, which includes rosemary, thyme, and sage, at select Walmart locations for the holiday season [1][2] - The product aims to provide a fresher and higher-value alternative to traditional herb packs, enhancing customer convenience during the busy shopping period [2] - Edible Garden is recognized as a Giga Guru participant in Walmart's Project Gigaton, contributing to sustainability efforts by aiming to remove one billion metric tons of greenhouse gas emissions from the global supply chain by 2030 [3][4] Product Offering - The Poultry Mix will be available in a custom-designed, branded display unit to maximize visibility and drive seasonal sales [2] - The product is part of Edible Garden's commitment to delivering high-value, Zero-Waste Inspired® solutions to consumers [4] - The full line of organic herbs and fresh-cut clamshell offerings will be available in Walmart's produce department throughout the holiday period [4] Sustainability Initiatives - Edible Garden continues to partner with Walmart on sustainability initiatives, focusing on efficient routing, expanded backhauling logistics, and sustainable packaging strategies [3] - The company operates state-of-the-art, vertically integrated greenhouses and processing facilities, contributing to its sustainability goals [5] - Edible Garden's proprietary GreenThumb software optimizes growing conditions and aims to reduce food miles, further supporting its sustainability mission [6] Industry Recognition - The company has been recognized as a FoodTech 500 firm by Forward Fooding and is a member of Walmart's Project Gigaton sustainability initiative [7] - Edible Garden develops and markets a range of nutrition and specialty food products, including plant and whey protein powders, as well as sustainable condiments [8]

Core Insights - Edible Garden AG Incorporated reported a 9% revenue growth in Q3 2025, reaching $2.8 million, driven by a strategic shift towards a consumer packaged goods (CPG) model and expansion into shelf-stable product categories [2][7][4] - The company experienced significant growth in non-perishable unit sales, which increased approximately 49.3% year-over-year, and international vitamin and supplements revenue rose by 90.2% [6][4] - The strategic transformation is expected to enhance the company's market penetration and growth, particularly in the fourth quarter, which is historically the strongest period for Edible Garden [2][4] Financial Performance - Revenue for Q3 2025 was $2.8 million, up from $2.6 million in Q3 2024, primarily due to strong performance in shelf-stable products [7][4] - Gross profit decreased to approximately $0.3 million from $0.7 million in the prior-year quarter, attributed to higher costs and inflationary pressures [8] - Selling, general, and administrative expenses rose to $3.8 million from $2.2 million, mainly due to increased depreciation and legal expenses [9] Product and Market Expansion - The company expanded its distribution network, including partnerships with Kroger and The Fresh Market, and increased its international presence through partners like PriceSmart and Amazon [4][2] - The product portfolio now includes brands such as Kick. Sports Nutrition, Pickle Party™, Pulp®, and Vitamin Whey®, which are expected to drive continued momentum and margin improvement [4][6] - Hydroponic Basil sales increased by 28.6%, Potted Herbs by 22.6%, and Wheatgrass by 59.2% year-over-year, indicating strong demand for fresh produce [6][4] Strategic Initiatives - The acquisition of NaturalShrimp's assets is anticipated to enhance vertical integration and sustainable aquaculture capabilities, aligning with the company's mission [4] - The company is focused on health-oriented product development and aims to build a stronger platform for scale, positioning itself as a next-generation sustainable food company [4] - Edible Garden's strategic exit from floral and lettuce categories is now complete, reflecting the strength of its repositioned portfolio [7]

Core Insights - Edible Garden AG Incorporated reported a 9% year-over-year revenue growth for Q3 2025, reaching $2.8 million, driven by a strategic shift towards a consumer packaged goods (CPG) model and expansion into shelf-stable product categories [2][6][4] - The company experienced significant growth in non-perishable unit sales, which increased approximately 49.3% year-over-year, alongside a 90.2% rise in international vitamin and supplements revenue [5][6] - The company is optimistic about future growth, believing that the most challenging phase of its transformation is behind, positioning itself for long-term sustainable profitability [4][6] Financial Performance - Revenue for Q3 2025 was $2.8 million, up from $2.6 million in Q3 2024, primarily due to strong performance in shelf-stable products [6] - Gross profit decreased to approximately $0.3 million from $0.7 million in the prior-year quarter, attributed to higher costs and inflationary pressures [7] - Selling, general and administrative expenses rose to $3.8 million from $2.2 million year-over-year, mainly due to increased depreciation and associated costs from recent asset acquisitions [8] Strategic Developments - The company expanded its distribution network, including partnerships with Kroger and The Fresh Market, and increased its international presence through collaborations with PriceSmart and Amazon [4] - The acquisition of NaturalShrimp's assets is expected to enhance vertical integration and sustainable aquaculture capabilities, aligning with the company's mission [4] - Edible Garden's CPG-focused strategy allows for expansion beyond fresh produce into branded shelf-stable offerings, catering to the growing demand for clean-label and functional foods [4][5] Product Performance - Hydroponic Basil sales increased by 28.6%, Potted Herbs by 22.6%, and Wheatgrass by 59.2% year-over-year, indicating strong consumer demand in these categories [5] - The company's portfolio includes brands like Kick. Sports Nutrition, Pickle Party™, Pulp®, and Vitamin Whey®, which are driving momentum and expected to contribute to margin improvement [4][5]

Financial Data and Key Metrics Changes - In Q3 2025, the company reported a 19% year-over-year revenue growth, reaching $12.2 million, driven by increased production from its facilities in Georgia, Texas, and Washington [17] - The adjusted EBITDA loss improved to $7.2 million from $8.4 million in Q3 of the previous year, indicating meaningful year-over-year progress [17] - The net loss for Q3 decreased to $26.4 million from $34.3 million in the prior year, primarily due to lower interest expenses from a debt restructuring [18] Business Line Data and Key Metrics Changes - The Texas facility completed its reconfiguration and reached full harvestable capacity, effectively doubling its productive output [6] - Labor productivity increased by approximately 19%, while direct labor costs per pound decreased by about 17%, showcasing operational efficiency improvements [7] - The company anticipates yield increases of over 10% following ongoing optimization efforts across its facilities [9] Market Data and Key Metrics Changes - The packaged salad market is projected to grow at an annual rate of 8.6% through 2029, with the company launching new family-sized salad kits to meet consumer demand in this segment [13] - The company expanded its distribution in the Pacific Northwest, launching a new 10-ounce Romano salad kit across 89 Walmart stores, which is expected to enhance its market presence [12] Company Strategy and Development Direction - The company is focusing on building long-term supply partnerships with major retailers, transitioning discussions from exploratory to strategic [4][5] - There is an emphasis on optimizing product mix and pricing architecture to align with marketplace needs, which is expected to improve overall unit economics [11][16] - The company aims to achieve positive adjusted EBITDA by early 2026, driven by volume growth, operational efficiency, and cost discipline [20] Management's Comments on Operating Environment and Future Outlook - Management highlighted a significant shift in market perception of controlled environment agriculture (CEA), now viewed as essential infrastructure rather than an emerging technology [16] - The company is entering Q4 with enhanced operational capacity and stronger commercial momentum than ever before, positioning itself to capitalize on market opportunities [21] Other Important Information - The company has achieved nearly $8 million in annualized cost reductions through the first nine months of the year, with additional initiatives expected to yield $1.5 million to $2 million in further savings [10][20] - A patent application related to optimizing growing processes using computer vision and AI is anticipated to be issued soon, which could enhance production efficiency [9] Q&A Session Summary Question: What are the expectations for revenue growth and adjusted EBITDA? - Management expects revenue growth and product mix optimizations to be key levers for achieving positive adjusted EBITDA, anticipated in early 2026 [20] Question: How is the company addressing operational efficiency? - The company is implementing tower upgrades and automated harvesting, which are expected to improve cost structures and operational efficiency over time [20]