Company Overview - Edible Garden AG Incorporated is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce and products [4] - The company operates state-of-the-art vertically integrated greenhouses and processing facilities in New Jersey and Michigan, along with a network of contract growers [5] - Edible Garden has been recognized as a FoodTech 500 company and is a member of Walmart's Project Gigaton sustainability initiative [5] Product Launch - The Kick. Sports Nutrition product line is now available at a major Midwest big-box retailer, marking a significant step in the brand's omnichannel go-to-market strategy [1][3] - The product line includes clean-label, functional products such as plant-based and whey protein powders, with plans to expand into pre-workout, post-workout, and hydration formulations [2] Market Potential - The global sports nutrition market is projected to grow from $54.8 billion in 2023 to $103.3 billion by 2032, indicating a strong demand for natural and effective health solutions [3] - Edible Garden's omnichannel approach aims to meet this demand by providing convenience, value, and clean ingredients through both retail and online channels [3] Strategic Partnerships - The company is preparing for an e-commerce launch on Amazon, collaborating with Pirawna, a Verified Amazon Partner, to enhance its online distribution strategy [3] - This integrated distribution strategy combines the reach of physical retail with the scale of e-commerce, improving brand visibility and consumer accessibility [3]

BELVIDERE, NJ, April 21, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW), EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, sustainable produce and products, today announced a special Earth Day collaboration with its Culinary Advisor, James Beard Award-winning Chef JJ Johnson, and his acclaimed FIELDTRIP restaurants. In celebration of Earth Day, guests visiting any of FIELDTRIP's three New York City locations— ...

Company Overview - Nature's Miracle Holding Inc. is a leader in vertical farming technology and operates in the Controlled Environment Agriculture (CEA) industry in the U.S. [4] - The company's common shares have been approved to trade on the OTCQB Venture Market under the ticker "NMHI" effective April 17, 2025 [1][2]. Market Position - The OTCQB is recognized as an established public market by the U.S. Securities and Exchange Commission, catering to U.S. and international companies in the entrepreneurial and development stage [2]. - Companies listed on the OTCQB must meet specific criteria, including current financial reporting and passing a minimum bid price test, which enhances transparency and liquidity [2]. Future Growth Plans - The Chairman and CEO of the company, Tie "James" Li, expressed optimism about joining the OTC Markets, indicating that this platform is suitable for the company's development stage and will aid in raising capital for planned growth in 2025 and beyond [3].

Financing Arrangement - Nature's Miracle Holding Inc. has successfully arranged financing with Big Lake Capital, LLC for up to $2,000,000, with an initial funding of $600,000 [1][2] - The financing is structured as a Convertible Promissory Note with a 10% interest rate payable monthly and a term of one year [2] - The investor has the option to convert the funded amount plus accrued interest into shares of common stock at a conversion price of $0.198, which is 110% of the closing price on the funding date [2] 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. [3] - The company's common stock is traded on the OTC Markets Group under the symbol "NMHI" [3]

Core Insights - Edible Garden AG Incorporated has signed a two-year exclusive vendor supply agreement with Berkot's Super Foods to supply sustainably grown products across the Midwest [2][5] - The partnership aims to enhance product freshness and visibility through innovative merchandising solutions, including self-watering displays [4][5] - Edible Garden's commitment to sustainability and local produce is reinforced by this collaboration, which aligns with its growth strategy in the grocery retail sector [6] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce [2][7] - The company operates vertically integrated greenhouses and processing facilities in New Jersey and Michigan, with a network of contract growers [7] - Edible Garden's proprietary technologies include the GreenThumb software and patented self-watering displays, aimed at reducing food miles and enhancing shelf life [7] Product Offerings - The company will supply a variety of products, including fresh potted herbs, hydroponic basil, cut herbs, and the functional pickle product known as "Pickle Party" [3][5] - Edible Garden also offers a range of plant and whey protein powders, as well as fresh condiments like gourmet sauces and pickles [7]

Core Insights - Edible Garden AG Incorporated is expanding its fresh Poultry Mix product into the ShopRite chain, leveraging its existing retail relationships and aiming to meet consumer demand for fresh, sustainable culinary herbs during key seasonal periods [1][2][5] Group 1: Product Launch and Market Strategy - The Poultry Mix, which includes fresh culinary herbs like rosemary, thyme, and sage, is being launched in time for the spring holiday season, coinciding with Passover and Easter [2][4] - The product rollout follows a successful winter holiday season where sales doubled year-over-year during Thanksgiving, Christmas, and New Year [2] - The launch is supported by Edible Garden's in-store branding and merchandising tools to enhance consumer visibility and maximize retail impact [4][5] Group 2: Retail Partnerships and Consumer Trust - Edible Garden's partnership with ShopRite, part of Wakefern Food Corp., is significant due to ShopRite's strong presence with over 350 stores and its recognition as the "Most Trusted Grocery Retailer in the Northeast" for three consecutive years [3][5] - The collaboration aims to deepen retail partnerships by introducing high-velocity products that align with consumer demand and seasonal trends [5] Group 3: Company Overview and Sustainability Initiatives - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce, with a commitment to Zero-Waste Inspired farming practices [6] - The company operates state-of-the-art vertically integrated greenhouses and processing facilities in New Jersey and Michigan, and has a network of contract growers near major U.S. markets [6] - Edible Garden has been recognized as a FoodTech 500 company and is a member of Walmart's Project Gigaton sustainability initiative, highlighting its commitment to sustainability and innovation in agriculture [6]

Core Insights - CEA Industries Inc. reported a significant decline in revenue and increased net losses for both the fourth quarter and full year of 2024 compared to previous periods [1][3][9] Financial Performance - **Fourth Quarter 2024**: Revenue was $417,000, up from $391,000 in Q3 2024 and $251,000 in Q4 2023, indicating a year-over-year increase of approximately 66.2% [2][5] - **Gross Profit**: The gross loss for Q4 2024 was $175,000, an improvement from a gross loss of $286,000 in Q4 2023, reflecting a reduction in variable costs [2][7] - **Operating Expenses**: Operating expenses rose to $850,000 in Q4 2024 from $677,000 in Q3 2024, primarily due to acquisition-related expenses [2][8] - **Net Loss**: The net loss for Q4 2024 was $1,019,000, compared to a net loss of $988,000 in Q4 2023, with a loss per share of $(1.29) [2][9] - **Full Year 2024**: Total revenue for FY 2024 was $2,803,000, a significant decrease from $6,911,000 in FY 2023 [3][16] - **Gross Profit**: The full-year gross loss was $220,000, down from a gross profit of $542,000 in FY 2023 [3][16] - **Operating Expenses**: Operating expenses decreased to $2,952,000 in FY 2024 from $3,495,000 in FY 2023, reflecting a 16% reduction [3][16] - **Net Loss**: The net loss for FY 2024 was $3,146,000, compared to a net loss of $2,912,000 in FY 2023 [3][16] Strategic Developments - The company signed an agreement to acquire Fat Panda, a retailer and manufacturer of e-cigarettes and vape devices, which is expected to enhance operational efficiencies and long-term value creation [4] - The acquisition aligns with the company's strategic objectives and aims to leverage Fat Panda's market presence for expansion [4] Backlog and Bookings - **Net Bookings**: In Q4 2024, net bookings increased to $500,000 from $100,000 in the same period last year, attributed to a significant equipment order [6] - **Backlog**: The company's backlog at the end of Q4 2024 was $500,000, up from $400,000 in Q4 2023, indicating a positive trend in demand [6]

Core Viewpoint - Edible Garden AG Incorporated will host a conference call on March 31, 2025, to discuss its financial results for Q4 and the full year of 2024, along with a business update [1]. Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce [4]. - The company operates state-of-the-art greenhouses and processing facilities in Belvidere, New Jersey, and Grand Rapids, Michigan, and has a network of contract growers near major U.S. markets [4]. - Edible Garden's proprietary GreenThumb 2.0 software optimizes growing in both vertical and traditional greenhouses, aiming to reduce food miles and pollution [4]. - The company offers a range of products, including plant and whey protein powders under the Vitamin Way® and Vitamin Whey® brands, as well as sustainable food flavoring products like Pulp gourmet sauces [4]. Conference Call Details - The conference call will take place at 8:00 AM Eastern Time and can be accessed via telephone or webcast [2]. - A replay of the call will be available on the company's investor relations website and through telephone access for a limited time [3].