Edible Garden Reports Preliminary First Quarter Year-Over-Year Increase in Produce Revenues of 40%; Cut Herb Revenue Increased More Than 200% for the Same Period
Edible Garden AG Incorporated (EDBL)
Company Research
Source: GlobeNewswire
BELVIDERE, NJ, April 17, 2024 (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 a preliminary first-quarter year-over-year increase in produce revenues of 40% and an increase in cut herb revenue of more than 200% compared to the same period last year. This growth resulted from the Company’s investments in equipment and infrastructure, as well as expanded retail distribution leading to a 12-fold increase in herb production. Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, "Following a strong year for cut herb sales in 2023, the Company is experiencing sustained strong demand for cut herbs in 2024 and our distribution network now includes many of the foremost retailers in the nation. These retailers rely on us for our high-quality, locally sourced, organic, and sustainably pr
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- Edible Garden Begins Shipping ‘Garden Starters' in Time for Spring Planting Season [Yahoo! Finance]Yahoo! Finance
- Edible Garden Begins Shipping ‘Garden Starters’ in Time for Spring Planting SeasonGlobeNewswire
- EY Announces Jim Kras, CEO of Edible Garden AG Incorporated as an Entrepreneur Of The Year® 2024 New Jersey Award Finalist [Yahoo! Finance]Yahoo! Finance
- EY Announces Jim Kras, CEO of Edible Garden AG Incorporated as an Entrepreneur Of The Year® 2024 New Jersey Award FinalistGlobeNewswire
- Edible Garden Regains Compliance with Nasdaq Bid Price Requirement [Yahoo! Finance]Yahoo! Finance
EDBL
Sec Filings
- 5/1/24 - Form 3
- 4/26/24 - Form S-1
- 4/17/24 - Form 8-K
- EDBL's page on the SEC website