Core Insights - Edible Garden AG Incorporated reported a strategic shift towards higher-margin, shelf-stable products, resulting in a 15% year-over-year growth in non-perishable revenue and a nearly fourfold increase in gross profit compared to the previous year [1][3][8]. Financial Performance - For the quarter ended March 31, 2025, total revenue was $2.7 million, a decrease of 13.2% from $3.1 million in the same quarter of 2024, primarily due to the exit from lower-margin floral and lettuce product lines [8]. - Gross profit increased to $88,000 from $23,000 in the prior year, representing an increase of approximately 283% year-over-year, with gross margin improving to 3.2% from 0.7% [9]. - The net loss for the quarter was $3.3 million, an improvement from a net loss of $4.0 million in the same period last year, driven by cost reductions and increased sales from higher-margin products [11]. Strategic Initiatives - The company is focusing on expanding its consumer-packaged goods (CPG) portfolio with brands like Kick. Sport Nutrition, Pickle Party, Squeezables, and Pulp®, which are gaining traction in the market [3][4]. - Edible Garden completed a $15.5 million acquisition of assets from NaturalShrimp Farms Inc., enhancing its R&D and warehousing capabilities, and securing patents for water treatment technologies to support sustainability efforts [3][8]. Market Positioning - The company is enhancing its national distribution footprint by launching and growing retail partnerships with major accounts such as Walmart and Stop & Shop, leveraging patented merchandising solutions [4][5]. - Edible Garden maintains a U.S.-focused production model, with over 90% of its operations based domestically, minimizing exposure to global tariffs and disruptions [6][7]. Product Development - The company is actively reshaping its product mix by phasing out less profitable SKUs and focusing on higher-margin, less commoditized offerings, which has led to a 13% seasonal growth in cut herbs [3][8].

Core Insights - Verde AgriTech Ltd reported a significant decline in sales and revenue for Q1 2025, primarily due to the ongoing crisis in Brazil's agricultural sector, which has affected product deliveries and market conditions [2][10][23]. Financial Performance - In Q1 2025, Verde's sales volume was 48,000 tons, a 44% decrease compared to Q1 2024, with revenue dropping to $2.9 million, also a 44% decline [8][25]. - The average revenue per ton sold decreased slightly to $59, while the average production cost per ton fell by 21% to $16, resulting in a gross profit margin of 73% [21][26]. - The net loss for Q1 2025 was $3.8 million, an improvement from a $4.8 million loss in Q1 2024, attributed to reduced non-cash expenses related to stock options [25]. Market Conditions - The Brazilian agricultural sector continues to face financial difficulties, with restricted access to credit and high debt levels among producers, leading to a conservative sales approach by Verde [10][12]. - Potash prices remained stable with an upward trend, indicating potential recovery in credit availability and commercial activity [11][14]. - The Selic rate, a key interest rate in Brazil, was at 14.75% at the end of Q1 2025, contributing to high financing costs and limiting investments in the agricultural sector [13]. Operational Highlights - Verde's installed capacity allows it to supply approximately 4% of Brazil's potash demand, highlighting the growth opportunity in a market valued at over $6 billion annually [4]. - The company has approved and delivered volumes equivalent to over 70% of the total delivered throughout 2024, with confirmed orders in 2025 being 40% higher than the same period in 2024 [3]. Debt Restructuring - Verde secured court approval for a debt renegotiation agreement, with approximately 92% of creditors agreeing to extended repayment terms of up to 126 months and reduced interest rates [8][9]. - The total restructured loan amount is approximately C$42.4 million, following a 75% reduction in principal obligations for certain debts [46]. Environmental Impact - Verde's products have the potential to capture up to 5,730 tons of CO2 through Enhanced Rock Weathering, with a total potential impact of 306,165 tons of CO2 since production began in 2018 [8][60].

Core Insights - Village Farms International, Inc. has won two Gold Stevie® Awards and one Bronze Stevie® Award at the 23rd Annual American Business Awards® for its achievements in sustainable business models and international expansion [1][2][5]. Group 1: Awards and Recognition - The company received the Gold Stevie Award for Lifetime Achievement in the Consumer Products Industries, recognizing the visionary leadership of its CEO, Michael A. DeGiglio, in controlled environment agriculture and the cannabis sector [3]. - Village Farms was awarded the Gold Stevie for Sustainable Business Models, highlighting its commitment to environmentally responsible agriculture, achieving 97% land savings and 86% water reduction, while reducing CO₂ emissions by approximately 475,000 metric tons annually [4]. - The Bronze Stevie Award for Achievement in International Expansion was given for the company's rapid scaling of global cannabis operations, including a 111% year-over-year increase in international medicinal cannabis sales [5]. Group 2: Company Overview - Village Farms operates as a vertically integrated supplier in controlled environment agriculture, focusing on high-value plant-based consumer packaged goods, and is a leading fresh produce supplier in North America [10]. - The company’s subsidiary, Pure Sunfarms, is one of the largest cannabis operations globally and a top-selling brand in Canada, while it also holds an 80% stake in Rose LifeScience, a cannabis products commercialization expert [11]. - Internationally, Village Farms is expanding its cannabis and CBD operations, exporting medical cannabis to markets such as Germany and Australia, and holds one of ten licenses to grow recreational cannabis in the Netherlands [12].

Core Insights - Verde AgriTech Ltd has appointed Guilherme Medeiros as Chief Marketing Officer, effective March 2025, to enhance its marketing strategies and brand visibility [1][3] - Mr. Medeiros has nearly a decade of experience in agribusiness, having held significant roles at Syngenta Biologicals, ICL, and Stoller, where he implemented innovative marketing strategies and demand generation initiatives [1][2] - The appointment is seen as a strategic move to support Verde's expansion in Brazil and globally, focusing on low-carbon solutions and customer engagement [3] Company Overview - Verde AgriTech is dedicated to advancing sustainable agriculture through the innovation of specialty multi-nutrient potassium fertilizers, aiming to increase agricultural productivity and enhance soil health [5] - The company utilizes proprietary technologies to develop solutions that address global challenges such as food security and climate change, with a commitment to carbon capture and eco-friendly fertilizers [5] Leadership Transition - The company expressed gratitude to Newton Nagumo, the previous CMO, for his contributions in shaping Verde's marketing strategy and will continue to support the company as a member of the Advisory Committee [4][5] - Mr. Medeiros's role will be pivotal in driving marketing innovation and supporting new product introductions, marking a turning point in Verde's journey [3]

Joins Forces with Berkot's to Leverage Patented Self-Watering Display Technology to Drive Freshness & Reduce Shrink Edible Garden to bring the "Pickle Party" to the Midwest BELVIDERE, NJ, April 14, 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 announced the signing of an exclusive two-year vendor supply agreement (VSA) w ...

Pioneering Green Technology to Transform Food Security and Agricultural ProductivityKey Highlights: Sustainable Agriculture Solution for AfricaDigital Utilities Ventures (DUTV) has secured a $3.4 million contract to deploy its patent pending Easy FEN™ modular units in Northern Africa. These advanced systems will convert 35,000 tons of biomass and food waste annually into 5.4 million gallons of Terreplenish®, an organic liquid microbial fertilizer. This initiative supports sustainable farming practices and e ...

Core Insights - HydroGreen, a subsidiary of CubicFarm Systems Corp., has secured a third order of five GLS 808 machines from Agrotopia Ireland, indicating a growing demand for its Automated Vertical Pastures™ system in Ireland's livestock sector [1][2][3] Company Overview - HydroGreen specializes in producing Automated Vertical Pastures™, which efficiently sprout grains like wheat and barley in a controlled environment to create high-performance livestock feed year-round [6] - The technology automates all growing functions, allowing livestock businesses to provide consistent nutrition with minimal labor [6] Industry Context - The increasing adoption of HydroGreen's systems highlights the importance of agricultural trade shows, where farmers seek cost-effective, climate-smart feed alternatives [2] - Agrotopia, as a leading hub for sustainable agriculture in Ireland, integrates advanced hydroponic technology to produce fresh, nutrient-rich fodder for livestock, enhancing agricultural efficiency and reducing environmental impact [8][9] Partnership Dynamics - The partnership between HydroGreen and Agrotopia has been beneficial, with Agrotopia planning a rapid expansion in 2025-2026 due to the success of initial installations [3] - Agrotopia's strategic location provides excellent access to regional and national fairs, enhancing the visibility of HydroGreen's technology [3] Market Trends - The demand for sustainable and efficient agricultural solutions is driving advancements in technology, with HydroGreen's systems positioned to meet the needs of progressive beef and dairy farmers [2][9] - The focus on reducing input costs while improving feed reliability and animal performance is a key trend in the livestock sector [3]