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0.128048780487805 0.138841463414634 0.0360975609756097 0 0 -0.00609756097560976 0.024390243902439 0.00609756097560976
Stock impact report

Edible Garden Receives Preliminary Approval to Sell Up to $3.35 Million in Tax Credits Through NJEDA Program

Edible Garden AG Incorporated (EDBL) 
Company Research Source: GlobeNewswire
BELVIDERE, NJ, Oct. 30, 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 that the New Jersey Economic Development Authority (NJEDA) has preliminarily approved the Company’s application under the Technology Business Tax Certificate Transfer Program (the “Program”), also known as the Net Operating Loss (NOL) Program, for State Fiscal Year 2025. Final allocations under the Program will be based a number of factors including but not limited to location of our facilities, total available tax benefits per applicant and total requested amount. The preliminary approval authorizes Edible Garden to transfer up to approximately $3.35 million of its unused New Jersey net operating losses and research and development (R&D) tax credits to an approved corporate buyer. If a sale is completed, the Company Show less Read more
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