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Nature's Miracle Holding Inc. ("NMHI") Plans to Acquire $20 million Carbon Credit Portfolio to Develop XRP-Based Tokenized Carbon Product
Prnewswire· 2025-09-15 12:30
Accessibility StatementSkip Navigation Nature's Miracle Holding Inc. (OTCQB: NMHI) (www.Nature-Miracle.com) is a growing agriculture technology company providing products and services to growers in the Controlled Environment Agriculture ("CEA") industry in the U.S. Â The Company also engages in electric vehicle distribution and bitcoin mining. The Company has recently announced a number of initiatives to become one of the first public companies utilizing XRP digital treasury program and the related applicat ...
Edible Garden Expands Pickle Party™ Distribution Across Metro New York with Associated and Trade Fair Supermarkets, Adds FoodTown in Newburgh, NY as the Summer of Pickle Party™ Continues
Globenewswire· 2025-08-20 13:10
Core Insights - Edible Garden AG Incorporated is expanding its Pickle Party™ line through new retail placements in New York, enhancing its market presence and aligning with seasonal demand for fresh condiments [1][3] - The Pickle Party™ line is a unique functional pickle product created in collaboration with Hermann Pickle Company, focusing on health benefits and clean-label integrity [2][3] - The company's strategy emphasizes partnerships with respected regional grocers to drive sustainable growth and long-term value [3] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing locally grown, organic, and sustainable products through a 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] - Edible Garden's proprietary GreenThumb software optimizes growing conditions and aims to reduce food miles, while its patented Self-Watering display enhances product shelf life [5] Product Offerings - The company offers a range of nutrition and specialty food products, including plant and whey protein powders, and a line of fresh condiments like Pulp sauces and Pickle Party products [6] - Pickle Party™ products are raw, refrigerated, fermented, Kosher, and Non-GMO, designed to support digestive health with bold flavors [2][6]
Edible Garden Delivers Strong Performance Across Core and Key Segments, Driven by Strategic Portfolio Transformation
Globenewswire· 2025-08-14 11:30
Core Viewpoint - Edible Garden AG Incorporated is focusing on optimizing its product portfolio by exiting low-margin product lines and investing in higher-margin, innovative consumer packaged goods, particularly in the controlled environment agriculture (CEA) sector, to meet growing consumer demand for quality and sustainability [2][4]. Financial Performance - For the three months ended June 30, 2025, the company reported revenue of $3.1 million, a decrease from $4.3 million in the same period in 2024, primarily due to the exit from low-margin floral and lettuce categories [7]. - Gross profit for the quarter was $634,000, down from $1.56 million in Q2 2024, reflecting changes in product mix and increased costs [8]. - Selling, general and administrative expenses rose to $4.2 million from $2.7 million year-over-year, driven by legal costs related to acquisitions [9]. - The net loss for the quarter was $4.0 million, compared to a net loss of $1.9 million in Q2 2024, attributed to higher expenses and reduced revenue from exited categories [10]. Strategic Initiatives - The company has exited underperforming product lines and is investing in CEA-informed, better-for-you shelf-stable products, which are expected to enhance profitability and market leadership [4][5]. - Private label products sold through major retailers increased by 19.1% year-over-year, with notable growth in hydroponic basil (up 7.1%), potted herbs (up 6.4%), and wheatgrass (up 4.1%) [5]. - International revenue from vitamins and supplements surged by 66.5% due to new distribution partnerships [5]. Market Trends - The global functional food and beverage market is projected to grow from $400 billion to $610 billion by 2030, with U.S. sales of natural, organic, and functional products expected to reach $386 billion by 2028, growing at approximately 5% annually [4]. Operational Developments - The acquisition of the NaturalShrimp aquaculture facility in Iowa is expected to enhance research and development in aquaponics and improve distribution efficiency [4]. - The company is advancing its strategic priorities in innovation and operational sustainability, with a focus on expanding its digital marketing reach and e-commerce sales [4].
Edible Garden Schedules Second Quarter 2025 Financial Results and Business Update Conference Call
Globenewswire· 2025-08-05 13:00
Core Viewpoint - Edible Garden AG Incorporated, a leader in controlled environment agriculture, will host a conference call on August 14, 2025, to discuss its financial results for the second quarter of 2025 and provide a business update [1]. Company Overview - Edible Garden is recognized for its sustainable produce and products, operating under a Zero-Waste Inspired farming model [4]. - The company has over 5,000 retail locations across the U.S., Caribbean, and South America, emphasizing its role in the CEA and sustainability technology movement [4]. - It operates advanced vertically integrated greenhouses and processing facilities in Michigan, Iowa, and New Jersey, and collaborates with contract growers near major U.S. markets [4]. Technology and Innovations - Edible Garden's proprietary GreenThumb 2.0 software optimizes greenhouse conditions and aims to reduce food miles, protected by multiple U.S. patents [5]. - The patented Self-Watering display is designed to extend plant shelf life and enhance in-store presentation [5]. - The company holds patents in advanced aquaculture technologies, including a closed-loop shrimp farming system and a modular recirculating aquaculture setup [5]. Recognition and Product Offerings - Edible Garden has been recognized as a FoodTech 500 firm and is a member of Walmart's Project Gigaton sustainability initiative [6]. - The company markets a range of nutrition and specialty food products, including plant and whey protein powders, and a line of sustainable condiments [6].
Nature's Miracle Holding Inc. to Present at the OTCQB Venture Virtual Investor Conference August 7th
Prnewswire· 2025-08-04 13:11
Company invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com ONTARIO, Calif. , Aug. 4, 2025 /PRNewswire/ -- Nature's Miracle Holding Inc. (OTCQB: NMHI), based in Ontario, CA, a leader in vertical farming technology today announced that Tie "James" Li, Chairman and CEO, will present live at the OTCQB Venture Virtual Investor Conference hosted by VirtualInvestorConferences.com, on August 7th, 2025 About Nature Miracle Nature's Mir ...
Edible Garden Launches First-to-Market USDA Organic Hydroponic Basil, Reinforcing Leadership in Controlled Environment Agriculture (CEA)
Globenewswire· 2025-07-31 11:30
Core Insights - Edible Garden AG Incorporated has launched a USDA Certified Organic Hydroponic Basil Plant, marking a significant innovation in the controlled environment agriculture (CEA) sector [2][4] - The product combines hydroponic cultivation with USDA Organic certification, aiming to reduce food waste and enhance freshness while appealing to health-conscious consumers [4] Company Overview - Edible Garden is a leader in CEA, offering locally grown, organic, and sustainable produce, and operates over 5,000 stores across the US, Caribbean, and South America [5] - The company utilizes patented technologies such as GreenThumb software and Self-Watering displays to optimize growth and enhance product shelf life [5] - Edible Garden has acquired patents related to advanced aquaculture technologies, further diversifying its product offerings [5] Product Features - The new hydroponic basil is designed to use up to 90% less water than conventional farming methods and is cultivated locally year-round, which reduces food miles [4] - The product's packaging is visually appealing, aimed at improving in-store visibility and supporting premium placement in retail environments [4] - The basil is marketed as a sustainable choice that aligns with modern consumer values regarding health and environmental awareness [4]
Edible Garden Launches First-to-Market USDA Organic Hydroponic Basil, Reinforcing Leadership in Controlled Environment Agriculture (CEA)
GlobeNewswire News Room· 2025-07-31 11:30
ABOUT EDIBLE GARDEN® Breakthrough product merges sustainability, freshness, and modern consumer appeal in a visually engaging, waste-reducing format BELVIDERE, NJ, July 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 announced the launch of its USDA Certified Organic Hydroponic Basil Plant for retail sale. This groundbr ...
Nature's Miracle Holding Inc. ("NMHI") Management and a Lender Invested $1.69 Million in NMHI Shares through Liability and Debt Conversion
Prnewswire· 2025-07-25 12:30
Core Points - Nature's Miracle Holding Inc. announced a conversion of $1,692,250 in accrued compensation and debt into 12,967,440 shares at a price of $0.1305 per share, reflecting the company's closing stock price on July 24, 2025 [1][2] - The management team, including CEO James Li, President Zhiyi Zhang, and CFO George Yutuc, converted a total of $1,132,250 into shares, with Li converting $673,476 for 5,160,739 shares [2][3] - The conversion is expected to reduce the company's liabilities and strengthen shareholder equity, alongside a recent $100 million distribution deal with Faraday Future and a $20 million XRP Treasury Program [3] Company Overview - Nature's Miracle is a growing agriculture technology company focused on providing products and services in the Controlled Environment Agriculture (CEA) industry in the U.S. [4] - The company's common stock trades on the OTCQB market under the symbol "NMHI" [4]
Edible Garden Introduces Edible Garden Prairie Hills - Webster City, Iowa Following Strategic Asset Acquisition
Globenewswire· 2025-07-23 11:30
Core Insights - Edible Garden AG Incorporated has announced the opening of a new 6.2-acre facility in Webster City, Iowa, named Edible Garden-Prairie Hills, aimed at expanding its production and research capabilities in controlled environment agriculture [1][2][3] Company Expansion - The new facility will enhance Edible Garden's production of herbs and nutraceuticals, support aquaculture research and development, and improve distribution efficiency across the Midwest [2][3] - This strategic expansion is part of the company's commitment to sustainable practices and its Zero-Waste Inspired® farming model [3] Technological Advancements - The facility is equipped with advanced aquaculture infrastructure and laboratories, allowing for the development of clean-label nutraceuticals and the application of patented water treatment technologies [2][4] - Edible Garden has acquired three patents from NaturalShrimp Farms Inc. related to advanced aquaculture technologies, which will be utilized in the new facility [4] Market Positioning - The company serves over 5,000 retail locations across the U.S., Caribbean, and South America, positioning itself as a leader in sustainable produce and products [4] - Edible Garden is recognized as a FoodTech 500 company and is a participant in Walmart's Project Gigaton sustainability initiative [4]
Edible Garden’s Pickle Party™ Line Starts Shipping to Uncle Giuseppe’s Marketplace; Strategic Expansion Timed for Summer Demand
GlobeNewswire· 2025-07-16 13:00
Core Insights - Edible Garden AG Incorporated has launched its Pickle Party™ line of fresh condiments at Uncle Giuseppe's Marketplace, coinciding with the peak summer season for consumer demand for flavorful condiments [1][3] - The Pickle Party™ line is the world's first functional pickle line, featuring raw, refrigerated, fermented, Kosher, and Non-GMO products made through traditional fermentation methods [2][3] - The company has also expanded its herb distribution with a new partnership at Scotty's Marketplace, offering hydroponic basil and various potted herbs [3] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce, with products available in over 5,000 stores across the US, Caribbean, and South America [4] - The company operates vertically integrated greenhouses and processing facilities in New Jersey and Michigan, utilizing patented technologies like GreenThumb software and Self-Watering displays to optimize production and reduce environmental impact [4] - Edible Garden has been recognized as a FoodTech 500 company and is a participant in Walmart's Project Gigaton sustainability initiative [4]