Controlled Environment Agriculture
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Edible Garden's Award-Winning Kick. Sports Nutrition Now Available on Walmart.com
Globenewswire· 2026-01-12 14:05
Core Insights - Edible Garden AG Incorporated has launched its Kick. Sports Nutrition product line on Walmart.com, enhancing national access and supporting its omnichannel distribution strategy [1][3][4] Group 1: Product Overview - Kick. Sports Nutrition is a premium performance line aimed at athletes and active consumers, recognized as the 2025 Sports Nutrition Product of the Year by the Mindful Awards [2] - The product range includes whey and plant-based proteins, pre- and post-workout formulas, and hydration-energy blends, all designed for easy integration into daily routines without artificial ingredients [2] Group 2: Distribution Strategy - The availability of Kick. on Walmart.com allows Edible Garden to reach millions of consumers, emphasizing accessibility, value, and convenience [3] - The launch on Walmart.com is part of a broader strategy that includes international distribution at PriceSmart, expanded e-commerce through Amazon, and growth in domestic retail channels [4] Group 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 [5] - The company operates advanced greenhouses and processing facilities across the U.S. and partners with contract growers to ensure freshness and reduce environmental impact [5] Group 4: Technological Innovations - Edible Garden utilizes proprietary GreenThumb 2.0 software to optimize growing conditions and reduce food miles, along with patented technologies for enhancing product shelf life and in-store presentation [6]
Edible Garden’s Award-Winning Kick. Sports Nutrition Now Available on Walmart.com
Globenewswire· 2026-01-12 14:05
Core Insights - Edible Garden AG Incorporated has launched its Kick. Sports Nutrition product line on Walmart.com, enhancing its omnichannel growth strategy and expanding access to clean nutrition solutions [1][3][4] Group 1: Product Overview - Kick. Sports Nutrition is a premium performance line aimed at athletes and active consumers, recognized as the 2025 Sports Nutrition Product of the Year by the Mindful Awards [2] - The product line includes whey and plant-based proteins, pre- and post-workout formulas, and hydration-energy blends, all designed for easy integration into daily routines without artificial ingredients [2] Group 2: Distribution Strategy - The availability of Kick. on Walmart.com significantly increases national access to the brand, leveraging Walmart's extensive digital marketplace which reaches millions of consumers [3][4] - This launch is part of Edible Garden's broader strategy to enhance brand exposure and accessibility, following recent distribution gains including international availability at PriceSmart and expanded e-commerce reach through Amazon [4] Group 3: Company Background - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through a Zero-Waste Inspired farming model [5] - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, and is recognized for its advanced safety protocols and innovative farming technologies [5][6]
Edible Garden Appoints Board Member Matthew McConnell as Executive Vice President, Strategic Partnerships
Globenewswire· 2026-01-09 12:30
Core Insights - Edible Garden AG Incorporated has appointed Matthew McConnell as Executive Vice President of Strategic Partnerships to enhance strategic initiatives and investor relations [1][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 practices [4] - Edible Garden's facilities include state-of-the-art greenhouses and processing plants located in Michigan, Iowa, and New Jersey [4] Leadership and Expertise - Matthew McConnell brings over 40 years of experience in capital markets, having held senior roles at major financial institutions [2] - His expertise includes equity capital markets, international finance, and strategic business development, which will support Edible Garden's growth strategy [3] Strategic Initiatives - The company aims to deepen retail and distribution partnerships and execute its growth strategy under McConnell's leadership [3] - McConnell's transition from Board member to executive role is expected to enhance the execution of the company's strategic initiatives [3] Technology and Innovation - Edible Garden's proprietary GreenThumb 2.0 software optimizes greenhouse conditions and aims to reduce food miles, supported by multiple U.S. patents [5] - The company also holds patents in advanced aquaculture technologies, enhancing its product offerings and sustainability efforts [5] Product Offerings - Edible Garden markets a range of nutrition and specialty food products, including plant and whey protein powders, and a line of fermented condiments [6]
Edible Garden Completes Sale of Net Operating Losses and Receives Approximately $3.35 Million in Proceeds
Globenewswire· 2026-01-07 14:00
Core Insights - Edible Garden AG Incorporated has successfully completed the sale of its net operating losses (NOLs) under the NJEDA's Technology Business Tax Certificate Transfer Program, generating approximately $3.35 million in gross proceeds, which enhances the company's financial position and liquidity [1][3]. Financial Position - The sale of NOLs allows Edible Garden to convert tax assets into immediate, non-dilutive liquidity, thereby strengthening its balance sheet and enhancing financial flexibility [3]. - The company aims to utilize this enhanced liquidity to support ongoing operations, invest in its core business, and make disciplined capital allocation decisions for growth and operational efficiency [3]. Business Model and Operations - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through its innovative farming model [4]. - The company operates advanced vertically integrated 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 and reduce environmental impact [4]. Technology and Innovation - The proprietary GreenThumb 2.0 software optimizes greenhouse growing conditions and aims to reduce food miles, while the patented Self-Watering display extends plant shelf life [5]. - Edible Garden holds multiple patents in advanced aquaculture technologies, enhancing its product offerings and operational capabilities [5]. Product Offerings - The company markets a range of nutrition and specialty food products, including plant and whey protein powders, and a line of sustainable condiments [6].
Edible Garden Preliminary Holiday Sales Surge 26.4% Year-Over-Year During Key Time Period
Globenewswire· 2026-01-06 12:30
Core Insights - Edible Garden AG Incorporated reported a 26.4% year-over-year increase in preliminary sales during the key holiday selling period in 2025, indicating strong consumer demand and effective operational execution [1][2] - The sales growth was broad-based, with cut and potted herbs increasing approximately 26.7% and 25.0% respectively, and hydroponic basil growing by about 16.4% [1] - The company has expanded its distribution network to over 5,000 retail locations nationwide, including partnerships with major retailers such as Walmart, Target, and Amazon [2] Sales Performance - The sales figures reflect the period from December 14-31, 2025, compared to December 15-31, 2024, showcasing significant growth across various product categories [1][3] - Wheatgrass sales nearly doubled compared to the prior-year period, and condiments and specialty products also contributed positively to overall performance [1] Operational Highlights - The company emphasizes its operational focus and reliability, which are key to supporting growth and enhancing the Edible Garden brand [2] - The fulfillment rate, a key performance metric, is defined as the percentage of orders filled in full relative to the total number of orders received, indicating strong operational efficiency [4] Product and Innovation - Edible Garden is recognized for its controlled environment agriculture (CEA) solutions and sustainable practices, including its Zero-Waste Inspired® growing platform [3] - The company utilizes patented technologies such as the GreenThumb software and self-watering displays to optimize growing conditions and enhance product shelf life [3] Future Outlook - The company aims to continue expanding and strengthening retail relationships while maintaining consistent operational execution and delivering sustainable products that meet consumer demand [2]
Edible Garden Appoints Capital Markets Veteran Michael Naidrich to Board of Directors
Globenewswire· 2025-12-30 13:00
Core Insights - Edible Garden AG Incorporated has appointed Michael Naidrich to its Board of Directors, effective immediately, where he will also serve as Chair of the Audit Committee [1][3] Group 1: Leadership Appointment - Michael Naidrich brings over 30 years of experience in capital markets, financial services leadership, and public-company governance [2] - Naidrich currently serves as CEO of AmeriVet Securities, Inc., and has previously held leadership roles at Tigress Financial Partners and Nova Capital Markets [2] - His expertise in financial strategy and corporate governance is expected to support Edible Garden's growth strategy and long-term shareholder value creation [3] Group 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 [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 2.0 software optimizes greenhouse conditions and aims to reduce food miles, while the company holds multiple patents in aquaculture technologies [5] Group 3: Product Offerings - The company develops a range of nutrition and specialty food products, including plant and whey protein powders, and premium sports nutrition options [6] - Edible Garden also offers fresh, sustainable condiments and fermented products, enhancing its product portfolio [7]
Edible Garden to Start Shipping Pulp and Pickle Party to Western Beef
Globenewswire· 2025-12-24 12:45
Core Insights - Edible Garden AG Incorporated has expanded its product offerings in the New York metropolitan area through a partnership with Western Beef, a regional supermarket chain, to provide gourmet sauces and fermented pickles, reflecting a growing demand for clean-label and sustainable food options [1][4] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on sustainable, locally grown organic produce and operates over 5,000 retail locations across the U.S., Caribbean, and South America [5] - The company utilizes a Zero-Waste Inspired® farming model and is recognized for its advanced safety protocols and innovative technologies, including patented software and self-watering displays [5][6] Product Offerings - The Pulp product line includes gourmet and chili-based sauces made from thoughtfully sourced ingredients, while the Pickle Party line features fermented Kosher, Non-GMO pickles and sauerkraut, emphasizing minimal processing for freshness [3][8] - Edible Garden also markets nutrition and specialty food products, including plant and whey protein powders, catering to health-conscious consumers [7] Strategic Partnerships - The collaboration with Western Beef aims to enhance accessibility to fresh, responsibly produced foods in urban markets, thereby strengthening brand awareness and operational efficiency [4] - This partnership aligns with the company's strategy to expand distribution in core regions and meet the evolving preferences of consumers for sustainable food options [4]
Edible Garden Begins Shipping Integrated Herb Program to Weis Markets
Globenewswire· 2025-12-18 13:00
Core Insights - Edible Garden AG Incorporated has expanded its retail presence by shipping fresh potted herbs, hydroponic basil, and cut herb varieties to Weis Markets, emphasizing its commitment to sustainability and regional growth [1][3][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, and is recognized for its advanced safety protocols and sustainable practices [5][7] Partnership with Weis Markets - The expanded relationship with Weis Markets allows Edible Garden to manage a fully integrated fresh herb program, significantly increasing the scale of their previous offerings [3][4] - Weis Markets operates 204 stores across several Mid-Atlantic states, which positions them strategically close to Edible Garden's greenhouse in New Jersey, minimizing food miles and enhancing freshness [2][4] Product Offerings - The comprehensive fresh herb program includes living herbs, hydroponic basil, and cut herbs, supported by proprietary displays designed to improve in-store presentation and reduce food waste [3][4] - Edible Garden also develops a range of nutrition and specialty food products, including plant and whey protein powders, and sustainable condiments [7][8] Technological Innovations - The company utilizes proprietary GreenThumb 2.0 software to optimize growing conditions and reduce food miles, along with patented Self-Watering displays to extend shelf life [6] - Edible Garden holds multiple patents in aquaculture technologies, enhancing its innovative capabilities in sustainable farming [6]
Edible Garden Preliminary Sales Results During Key Thanksgiving Time Period Increased 26.9% in 2025
Globenewswire· 2025-12-09 12:30
Core Insights - Edible Garden AG Incorporated reported a preliminary sales increase of 26.9% during the 2025 Thanksgiving period compared to the same timeframe in 2024, driven by strong performance in core product categories [2][4] - The company's Poultry Mix, a blend of rosemary, thyme, and sage, saw a significant sales growth of 27.5% due to expanded distribution at Walmart and custom in-store displays [3][4] - The fulfillment rate exceeded 98%, indicating strong operational execution and reliability in servicing retail partners during peak holiday demand [4] Sales Performance - The Poultry Mix was a key seasonal driver, contributing to the overall sales growth alongside other product lines such as Pickle Party™ and Pulp gourmet sauces, which also experienced notable increases [3][4] - Specific product performance included hydroponic products up 44.8%, potted herbs up 10.9%, and cuts/processed herbs up 23.7% [7] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through advanced farming technologies and practices [6] - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, emphasizing sustainability and freshness through its vertically integrated greenhouses and partnerships with local growers [6] Technology and Innovation - The proprietary GreenThumb 2.0 software optimizes growing conditions and aims to reduce food miles, while the patented Self-Watering display enhances plant shelf life and in-store presentation [8] - Edible Garden holds multiple patents in aquaculture technologies, showcasing its commitment to innovation in sustainable agriculture [8]
Edible Garden’s Pickle Party™ Line Starts to Ship at King Kullen, Expanding Access to Fresh, Fermented, Functional Kosher Pickles
Globenewswire· 2025-12-05 14:00
Core Insights - Edible Garden AG Incorporated has launched its Pickle Party™ product line in King Kullen supermarkets, enhancing its presence in the New York Metro region as demand for clean-label foods grows [1][3]. Product Overview - Pickle Party™ is the world's first functional pickle line, featuring raw, refrigerated, fermented, Kosher, and Non-GMO products made through traditional fermentation methods that support digestive wellness [2]. - The product line includes a variety of pickles and krauts with unique 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, responsibly sourced foods [3]. - The introduction of Pickle Party™ is positioned to meet the growing consumer interest in fermented and health-forward products, thereby strengthening the company's market presence [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 utilizes advanced safety protocols, sustainable packaging, and patented technologies to optimize growing conditions and reduce environmental impact [5]. Additional Offerings - In addition to Pickle Party™, Edible Garden markets a range of nutrition and specialty food products, including plant and whey protein powders, and gourmet sauces [6][7].