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Edible Garden Reports 2025 Sustainability Performance Through Walmart's Project Gigaton
Globenewswire· 2026-02-23 13:30
Core Insights - Edible Garden AG Incorporated has reported its 2025 sustainability results as part of Walmart's Project Gigaton, showcasing its commitment to reducing supply chain emissions and enhancing environmental efficiency [3][4] Sustainability Performance - The company achieved significant operational efficiencies, including the avoidance of 412,537 conventional refrigerated truck miles through co-loading and backhauling [5] - A reduction of 30,734 gallons in diesel fuel demand and conservation of 694 barrels of crude oil were noted [5] - Edible Garden recycled 1,890,000 gallons of water across its facilities, with a 95% reuse rate in Grand Rapids and 75% in Belvidere [5] - The company reduced 167 metric tons of food waste through donations and operational efficiencies, alongside recycling 70 metric tons of mixed recyclables [5] Commitment to Sustainability - The CEO emphasized that sustainability is integral to the company's operations, with investments in transportation optimization, advanced water recirculation systems, and waste reduction [4][6] - Edible Garden's Zero-Waste Inspired® mission continues to drive the integration of sustainable practices into daily operations [4][6] Technological Innovations - 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 [7] - Edible Garden holds multiple patents in advanced aquaculture technologies, indicating a strong focus on innovation within the industry [7] Industry Recognition - Edible Garden has been recognized as a FoodTech 500 firm and has received awards for its commitment to environmental performance and energy stewardship [8]
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]
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’s Gourmet Greens Hydroponic Basil Now Available at Hannaford
Globenewswire· 2026-01-30 13:20
Core Viewpoint - Edible Garden AG Incorporated has expanded its distribution by launching its Gourmet Greens Hydroponic Basil at Hannaford Supermarkets, enhancing its retail presence and building on an existing relationship focused on quality and operational efficiency [1][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, utilizing advanced safety protocols and sustainable practices [5]. - Edible Garden's proprietary GreenThumb software optimizes growing conditions and aims to reduce food miles, while its patented Self-Watering display extends plant shelf life [6]. Product Details - Gourmet Greens is a premium brand within Edible Garden's portfolio, offering hydroponically grown basil that emphasizes consistent quality, extended shelf life, and reduced food waste [2][4]. - The product is produced using Edible Garden's controlled environment agriculture platform, which enhances product consistency and supports responsible sourcing [4]. Retail Partnership - The partnership with Hannaford Supermarkets, which operates nearly 190 stores across the Northeast, reflects Edible Garden's ability to scale its branded products with leading regional retailers [3][4]. - This expansion supports Edible Garden's strategy of deepening relationships with regional retailers through branded offerings that improve in-store performance and consumer satisfaction [4]. Recognition and Innovation - Edible Garden has been recognized as a FoodTech 500 firm and is a member of Walmart's Project Gigaton sustainability initiative [7]. - The company also develops a range of nutrition and specialty food products, including plant and whey protein powders, and sustainable condiments [7].
Edible Garden Announces Reverse Stock Split of the Company's Common Stock
Globenewswire· 2026-01-30 13:00
Core Viewpoint - Edible Garden AG Incorporated announced a planned reverse stock split of its common stock at a ratio of 1-for-10, effective February 3, 2026, to comply with Nasdaq's listing requirements and improve the trading profile of its shares [1][3]. Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through its innovative farming model, available in over 5,000 retail locations across the U.S., Caribbean, and South America [4]. - The company operates advanced vertically integrated greenhouses and processing facilities, including locations in Grand Rapids, Michigan, Webster City, Iowa, and Belvidere, New Jersey [4]. Reverse Stock Split Details - The reverse stock split was approved by stockholders on September 24, 2025, allowing the board to set the exact ratio within a range of 1-for-5 to 1-for-25, which was determined to be 1-for-10 [2]. - Post-split, the new CUSIP number will be 28059P501, with the par value per share remaining at $0.0001, and adjustments will be made to outstanding warrants and equity awards [2]. CEO Commentary - The CEO stated that the reverse stock split aims to maintain compliance with Nasdaq requirements and enhance the market perception of the company's shares while focusing on executing its business strategy [3]. Technology and Innovations - Edible Garden's proprietary GreenThumb 2.0 software optimizes greenhouse conditions and reduces food miles, while its patented Self-Watering display extends plant shelf life [5]. - The company holds patents in advanced aquaculture technologies, including a closed-loop shrimp farming system and a modular recirculating aquaculture setup [5]. Product Offerings - The company markets a range of nutrition and specialty food products, including plant and whey protein powders, and sustainable condiments [6].
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]
Edible Garden Expands New York City Dominance with New Urban Market and DUMBO Market Locations in Brooklyn and Manhattan
Globenewswire· 2026-01-13 13:17
Core Viewpoint - Edible Garden AG Incorporated is expanding its retail presence by introducing its fresh organic herbs, hydroponic basil, and clean-label food brands in new Urban Market and DUMBO Market locations in Brooklyn and Manhattan, enhancing access to sustainable food options in high-density urban areas [1][4]. Group 1: 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, utilizing advanced safety protocols and sustainable packaging [5]. - Edible Garden's proprietary GreenThumb 2.0 software optimizes greenhouse conditions and aims to reduce food miles, while its patented Self-Watering display extends plant shelf life [6]. Group 2: Product Offerings - The new locations will feature Edible Garden's fresh potted living herbs, cut herbs, and hydroponic basil, as well as its value-added food brands, Pickle Party and Pulp [3]. - Pickle Party includes fresh fermented pickles and krauts, while Pulp offers gourmet and chili-based sauces, expanding the company's product range beyond fresh produce [3][8]. Group 3: Market Strategy - The expansion into Urban Market and DUMBO Market aligns with the company's strategy to penetrate high-density metropolitan areas, focusing on quality, authenticity, and transparency in retail environments [4]. - The company emphasizes the importance of proximity to market and rapid replenishment to ensure consistently fresh products for health-conscious consumers [4].
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].