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]

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].

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]