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Edible Garden CEO Jim Kras Named to NJBIZ Power 100 for Second Consecutive Year; Recognized for Leadership in Sustainable Agriculture and Innovation
Globenewswire· 2026-02-17 14:02
Core Insights - Edible Garden AG Incorporated has been recognized for the second consecutive year in the NJBIZ Power 100 list, highlighting its CEO Jim Kras as a significant business leader in New Jersey [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 [3] - The company operates over 5,000 retail locations across the United States, Caribbean, and South America, emphasizing advanced safety protocols and sustainable packaging [3] - It has state-of-the-art greenhouses and processing facilities in Michigan, Iowa, and New Jersey, and collaborates with contract growers to ensure product freshness and minimize environmental impact [3] Innovation and Technology - The company utilizes proprietary GreenThumb 2.0 software to optimize greenhouse conditions and reduce food miles, along with patented Self-Watering displays to enhance plant shelf life [4] - Edible Garden holds multiple patents in aquaculture technologies, including a closed-loop shrimp farming system and a modular recirculating aquaculture setup [4] Product Offerings - The company markets a range of nutrition and specialty food products, including plant and whey protein powders, and a line of fresh condiments [5] - Its product lines cater to health-conscious consumers, focusing on sustainable and better-for-you options [5]
Nature's Miracle Holding Inc. Begins Offering Made-in-USA Grow Lights Through Exclusive Agreement with Megaphoton USA LLC
Prnewswire· 2026-02-17 13:30
Nature's Miracle Holding Inc. Begins Offering Made-in-USA Grow Lights Through Exclusive Agreement with Megaphoton USA LLC [Accessibility Statement] Skip NavigationONTARIO, Calif., Feb. 17, 2026 /PRNewswire/ -- Nature's Miracle Holding Inc. ("Nature's Miracle," "NMHI," or the "Company"), a provider of equipment and services for the controlled environment agriculture (CEA) industry, today announced it has signed an exclusive supply agreement with Megaphoton USA LLC, a Los Angeles-based specialized manufacture ...
NATURE'S MIRACLE HOLDING INC. PARTICIPATES IN INDOOR AG-CON 2026
Prnewswire· 2026-02-11 13:30
Core Viewpoint - Nature's Miracle Holding Inc. is actively participating in Indoor Ag-Con 2026, a significant industry conference focused on controlled environment agriculture, which highlights the company's commitment to the indoor farming sector [1] Company Overview - Nature's Miracle Holding Inc. is a provider of equipment and services for the controlled environment agriculture (CEA) industry, particularly in vertical farming in North America [1] - The company operates through its wholly owned subsidiaries, Visiontech Group, Inc. and Hydroman, Inc., supplying grow lights and hydroponic products to a diverse range of indoor growers [1] - Nature's Miracle is also exploring opportunities for commercial-scale greenhouse projects to meet the increasing demand for locally produced food [1] Event Participation - Indoor Ag-Con 2026 will take place on February 11-12, 2026, at the Westgate Las Vegas, bringing together indoor growers, suppliers, distributors, technology providers, and investors [1] - The conference focuses on various sectors including leafy greens, vine crops, mushrooms, and legal cannabis, indicating a broad interest in indoor agriculture [1]
NATURE'S MIRACLE HOLDING INC. SIGNS MOU FOR $150 MILLION EPC CONTRACT TO BUILD LARGE-SCALE INDOOR CANNABIS FACILITY IN CALIFORNIA
Prnewswire· 2026-02-10 13:30
Core Viewpoint - Nature's Miracle Holding Inc. has signed a Memorandum of Understanding for a $150 million EPC contract to build a large-scale indoor cannabis cultivation facility in California, which is expected to be one of the largest in the state [1]. Group 1: Project Details - The facility will cover 88.38 acres, with approximately 660,000 square feet dedicated to indoor greenhouse space for year-round cannabis cultivation [1]. - The greenhouse will feature a fully controlled environmental system, including precise regulation of temperature, humidity, and CO levels, supported by advanced indoor grow lighting [1]. - The project is expected to be completed within 12 to 18 months, with Nature's Miracle serving as the primary EPC provider [1]. Group 2: Financial Aspects - The estimated production cost for cannabis from the facility is projected to be less than $200 per pound, positioning it among the lowest-cost producers in the United States [1]. - The facility will utilize a 40-megawatt off-grid photovoltaic solar generation system, with an estimated electricity cost of approximately $0.10 per kilowatt-hour [1]. Group 3: Strategic Importance - The project is designed to become a leading cannabis cultivation facility in the country and is expected to generate significant revenue for Nature's Miracle over the next 12 to 18 months [1]. - The advanced cultivation platform and technology are anticipated to enhance operational efficiency and yield consistency [1].
Edible Garden to Participate in ECRM’s Total Wellness: GLP-1, Weight Management, Nutrition & Vitamin Session, February 10–12, 2026
Globenewswire· 2026-02-05 13:09
Core Insights - Edible Garden AG Incorporated will participate in ECRM's Total Wellness: GLP-1, Weight Management, Nutrition & Vitamin Session from February 10–12, 2026, in Chicago, Illinois, to enhance retail partnerships and showcase its product offerings [1][2]. Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through a 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 vertically integrated greenhouses and processing facilities, including locations in Grand Rapids, Michigan, Webster City, Iowa, and Belvidere, New Jersey [5]. Product Offerings - At the ECRM event, Edible Garden will showcase its Kick Sports Nutrition line, clean labeled sports nutrition products, weight management solutions, and protein powders under the Vitamin Way® and Vitamin Whey® brands [3][4]. - The company is focused on meeting the growing consumer interest in GLP-1 support, weight management, and clean nutrition, aiming to build a portfolio that caters to wellness-focused consumers [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 plant shelf life [6]. - The company holds multiple patents in advanced aquaculture technologies, including a closed-loop shrimp farming system and a modular recirculating aquaculture setup [6]. Industry 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 and innovation in the food technology sector [7].
Edible Garden to Participate in ECRM's Total Wellness: GLP-1, Weight Management, Nutrition & Vitamin Session, February 10–12, 2026
Globenewswire· 2026-02-05 13:09
Core Insights - Edible Garden AG Incorporated will participate in ECRM's Total Wellness: GLP-1, Weight Management, Nutrition & Vitamin Session from February 10–12, 2026, in Chicago, Illinois, to showcase its products and engage with retail partners [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, available in over 5,000 retail locations across the U.S., Caribbean, and South America [5][7] - The company operates advanced vertically integrated greenhouses and processing facilities, including locations in Grand Rapids, Michigan, Webster City, Iowa, and Belvidere, New Jersey [5] Product Offerings - The company will showcase its Kick Sports Nutrition line, clean labeled sports nutrition, weight management, and GLP-1 support products, along with plant and whey protein powders under the Vitamin Way® and Vitamin Whey® brands at the ECRM event [3][4] - Edible Garden also develops a range of nutrition and specialty food products, including fresh condiments and fermented items [7] Strategic Focus - The participation in the ECRM session aligns with the company's strategy to leverage direct retail engagement for distribution growth, new product introductions, and expanded shelf presence in better-for-you nutrition categories [3][4] - The CEO emphasized the growing consumer interest in GLP-1 support and clean nutrition, indicating a strong market demand for differentiated solutions [4]
Nature's Miracle Holding Inc. Appoints Dr. Jinlong "Frank" Du as President of Agricultural Business
Prnewswire· 2026-02-04 13:30
Company Overview - Nature's Miracle Holding Inc. has appointed Dr. Jinlong "Frank" Du as President of its Agricultural Business, aiming to enhance its position in the Controlled Environment Agriculture (CEA) market [1][5] - The company is focused on becoming an integrated supplier of products and services to the global CEA market, with plans to expand U.S. manufacturing of agricultural equipment [5][7] Leadership and Expertise - Dr. Du is a recognized leader in indoor growing and CEA, with over 20 years of experience and a track record of executing more than 300 large-scale smart greenhouse projects globally [2][3] - His expertise includes advanced horticultural lighting, energy-efficient systems, and high-yield crop production, which will be instrumental in driving the company's agricultural initiatives [2][5] Market Potential - The global CEA market is estimated to be approximately $90 billion in 2025 and is projected to exceed $200 billion by 2030, with a compound annual growth rate (CAGR) of about 14–16% [4] - Growth in the CEA market is driven by urbanization, food security concerns, water conservation, and the adoption of advanced technologies like IoT and automation [4] Strategic Goals - Under Dr. Du's leadership, the company aims to achieve approximately $50 million in agriculture-related revenue in 2026 [6] - The strategic focus includes offering "Made in USA" solutions to customers, enhancing the company's competitive edge in the CEA industry [5][6]
Nature's Miracle Holding Inc. Records a One-Time Gain of $6.9 Million From the Debt Settlement and Mutual Release with Megaphoton Inc.
Prnewswire· 2026-02-04 13:30
Core Viewpoint - Nature's Miracle Holding Inc. has entered into a Settlement Agreement with Megaphoton Inc., resolving all legal disputes and trade payables between the two companies, which is expected to enhance the company's financial position and future growth prospects [1][3]. Group 1: Settlement Agreement Details - Nature's Miracle will issue 15 million shares of common stock, approximately 13% of its outstanding shares, to Megaphoton at a valuation of $0.46 per share, in exchange for the forgiveness of $6.9 million in trade payables [2]. - The company will also reimburse Megaphoton $300,000 for legal costs incurred during the dispute [2]. Group 2: Financial Impact - The settlement results in a one-time gain of $6.9 million, leading to an increase in shareholder equity for the first quarter of 2026 [3]. - This agreement concludes a litigation process that began in 2022, which involved complaints and cross-complaints from both parties [3]. Group 3: Company Background - Nature's Miracle is a growing agriculture technology company focused on controlled environment agriculture, providing equipment and services, including grow lights and hydroponic products, to indoor growers in North America [5]. - The company operates through its subsidiaries, Visiontech Group and Hydroman, and aims to build commercial-scale greenhouses to meet the demand for fresh produce [5]. Group 4: Megaphoton Inc. Overview - Megaphoton specializes in smart agriculture, offering advanced greenhouse environmental systems and has completed over 300 large-scale smart greenhouse projects across multiple countries [6].
Village Farms Recognized for Export Leadership at BC Export Awards
Globenewswire· 2026-01-26 12:00
Core Insights - Village Farms International, Inc. has been awarded the 2026 BC Export Award in the Consumer Products category, highlighting its significant export performance and contribution to British Columbia's international trade economy [1] Group 1: Export Performance - The company achieved a 758% year-over-year increase in export sales as of September 30, 2025, driven by disciplined, market-specific growth strategies and regulatory compliance expertise [2] - Village Farms operates a 4.8 million square foot production campus that is EU-GMP certified, allowing it to scale international exports to highly regulated markets [2] Group 2: Operational Excellence - The company's success in international markets is attributed to its commitment to rigorous operational standards and treating regulation as an opportunity for sustainable performance [3] - Village Farms is one of the largest single-site agricultural employers in British Columbia, supporting hundreds of jobs and maintaining a competitive export platform [3] Group 3: Market Strategy - The company has established strong demand for its products in large European markets, particularly Germany, where its cultivars rank among the top-performing medical cannabis strains [3] - Village Farms is expanding its export business to new countries and customers while making investments in international production assets [8] Group 4: Future Growth - The company owns 2.6 million square feet of greenhouse capacity in Canada for future expansion and is targeting legal cannabis opportunities internationally [6][8] - In the U.S., Village Farms plans to enter the THC market leveraging its existing greenhouse assets and land for future expansion [9]
Edible Garden's New Distribution at Safeway Accelerates National Reach of Pickle Party™ and Pulp®
Globenewswire· 2026-01-22 14:19
Core Insights - Edible Garden AG Incorporated has expanded its product availability by launching its Pickle Party and Pulp lines in Safeway stores, enhancing consumer access to functional and flavorful food options [1][2][5] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on sustainable, locally grown organic produce and innovative farming solutions [6] - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, utilizing advanced farming technologies and sustainable practices [6][8] Product Launch - The Pickle Party line is positioned as the world's first functional pickle line, featuring raw, refrigerated, fermented, Kosher, and Non-GMO products made through traditional fermentation methods [3] - Pulp complements the Pickle Party line by offering fermented gourmet and chili-based sauces, appealing to consumers seeking bold flavors [4] Retail Partnership - Safeway, a major U.S. supermarket chain with over 900 stores, is known for its commitment to quality and fresh offerings, making it an ideal partner for Edible Garden's product expansion [2][5] - The partnership reflects Safeway's strategy to enhance its assortment of better-for-you products that align with consumer demand for clean ingredients and functional benefits [2][5]