BELVIDERE, N.J., Sept. 27, 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 the pricing of a public offering of an aggregate of 15,700,650 shares of its common stock (or pre-funded warrants in lieu thereof), Class A warrants to purchase up to 15,700,650 shares of common stock, and Class B warrants to purchase up to 15,700,650 shares of common stock, at a combined public offering price of $$0.36 per share (or $0.35 per pre-funded warrant) and accompanying warrants. The warrants will have an exercise price of $0.36 per share, will be exercisable immediately upon issuance. The Class A warrants will expire on the fifth anniversary of the original issuance date, and the Class B warrants will expire on the eighteen-month anniversary of the original issuance date. The closing of the offering is expected to occur on or about September 30, 2024, subject to the satisfaction of customary closing conditions. Gross proceeds, before deducting placement agent fees and offering expenses, are expected to be approximately $5.65 million.

Underscores Edible Garden’s commitment to sustainability in both agriculture as well as corporate culture

Kick Sports Nutrition delivers clean, effective, and better-for-you nutrition solutions for athletes at all levels across all sports

BELVIDERE, NJ, Sept. 06, 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 that it will exhibit its Kick Sports Nutrition product line at ECRM’s Vitamin, Weight Management & Sports Nutrition Session at the PGA National Resort & Spa, Palm Beach Gardens, September 8th-September 11^th.

Gross Margin Increases to 36.7% in Q2 2024, Up from 13.1% in Q2 2023

Plans to Develop More Cutting-Edge Formulas and Creative Flavors  through Partnership with Nutracom

Aligns with the Company’s mission to offer locally grown produce and promote smaller local stores

Experience the innovative flavors of Pulp yourself at Booth #117 at the 2024 Organic Produce Summit today at the Monterey Conference Center 

Company reaffirms commitment to community involvement, local investment, and leadership in ESG and sustainability initiatives

BELVIDERE, NJ, June 26, 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 that it will exhibit its new line of Pulp sustainable, gourmet, USDA organic, fermented sauces and chili-based products, at the 2024 Organic Produce Summit, Booth #240, in Monterey, California,  Thursday, July 11^th, 2024

Designed to offer retail partners an improved and more efficient way to display the Company’s herbs

Consistent with Company’s Zero-Waste Inspired® Mission, Innovations Expected to Reduce Waste and Offer Superior Products to Consumers

BELVIDERE, NJ, June 03, 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, sustainable produce and products, today announced that its full line of products, including its new line of Pulp sustainable gourmet sauces and chili-based products, are available at all Brooklyn Fare New York City locations.

Packhouse adds Processing and Warehousing Capabilities to Facility; Expected to Expand Company’s Capacity

BELVIDERE, NJ, May 22, 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 the pricing of a public offering of an aggregate of 2,655,000 shares of its common stock (or pre-funded warrants in lieu thereof), Class A warrants to purchase up to 2,655,000 shares of common stock, and Class B warrants to purchase up to 2,655,000 shares of common stock, at a combined public offering price of $2.26 per share (or $2.25 per pre-funded warrant) and accompanying warrants. The warrants will have an exercise price of $2.26 per share, will be exercisable immediately upon issuance. The Class A warrants will expire on the fifth anniversary of the original issuance date, and the Class B warrants will expire on the eighteen-month anniversary of the original issuance date. The closing of the offering is expected to occur on or about May 23, 2024, subject to the satisfaction of customary closing conditions. Gross proceeds, before deducting placement agent fees and offering expenses, are expected to be approximately $6.0 million.

195.8% Gross Profit Increase in Q1 2024 with Gross Margin Increasing by 171 Basis Points