| Major Breaking News Helps Send Low Float (Nasdaq: EDBL) On A Strong Green Surge Early
*Get Our Updates Faster—Tap Here To Receive SMS Alerts*
March 4th Greetings, Friend!
Edible Garden AG Incorporated (Nasdaq: EDBL) is making a serious green surge early Wednesday AM.
This comes on the heels of major breaking news. Check it out:
Edible Garden Selects Tetra Pak® to Power New Midwest Ready-to-Drink Facility at Natural Products Expo West® 2026
Driven by Significant Retailer Demand, Company Expands Zero-Waste Inspired® Platform into High-Growth RTD Categories
Scalable Manufacturing Platform Designed to Support Farm-to-Formula® Clean-Label Innovation and Long-Term Revenue Growth
BELVIDERE, NJ, March 04, 2026 (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 strategic expansion of its Zero-Waste Inspired platform through the development of a state-of-the-art ready-to-drink (“RTD”) manufacturing initiative at its Edible Garden facility in the Midwest. The expansion is driven in large part by increasing demand from major national retailers for scalable, high-quality, and reliable RTD solutions capable of delivering clean-label, shelf-stable nutrition at scale.
This initiative reflects the Company’s evolution into a vertically integrated domestic clean-label nutrition platform, that combines controlled-environment agriculture, scalable aseptic capacity, and differentiated brands across sports nutrition, adult and children’s performance nutrition, and G-L-P-1 supportive categories. As part of this initiative, Edible Garden has selected Tetra Pak, a global leader in food processing and packaging solutions, for the planning, installation, and integration of proprietary processing at a Midwest facility. The Company intends to execute an agreement with Tetra Pak on March 4, 2026, at 2:00 PM PT during Natural Products Expo West 2026 in Anaheim, California.
...
The global RTD market was valued at approximately $766Bn in 2024 and is projected to reach approximately $1.3Tn by 2030, driven by accelerating consumer demand for clean ingredients, functional benefits, and convenience. Edible Garden believes this expansion positions the Company to capture meaningful share in this high-growth segment while reinforcing its disciplined operational and environmental framework.
“Major retailers are facing growing, and in many cases unmet, demand for reliable, clean-label RTD capacity, and our facility is being developed to deliver the scale and precision required to meet that need,” said Jim Kras, Chief Executive Officer of Edible Garden. “This initiative represents a significant milestone in our strategic evolution and disciplined expansion into higher-margin, shelf-stable categories. The facility will integrate advanced processing and aseptic packaging solutions from Tetra Pak, including the Tetra Prisma® Aseptic 330 Edge package and the Tetra Pak® A3/Speed filling platform, a globally recognized food technology system designed for efficiency and performance.”
“We selected Tetra Pak because their solutions align directly with our Zero-Waste Inspired mission. The Tetra Prisma® Aseptic 330 Edge package is made primarily from renewable, plant-based materials and is recyclable. When paired with the high-speed Tetra Pak® A3/Speed filling system, the platform is expected to extend shelf life without preservatives or refrigeration prior to opening, while supporting a smaller manufacturing footprint, faster throughput, greater pallet and shelf density, and lower overall supply chain costs — helping reduce food waste and energy consumption across the value chain."
...
Read the full article here.
Don't forget. EDBL has an extremely low float.
With fewer than 1Mn shares in its float, the potential for heightened volatility on a daily basis could be significant.
Review my initial (Nasdaq: EDBL) report below and consider this profile for your radar. -----
In a corner of the AgTech market, one innovative player is using data, automation, and controlled environments to rethink how fresh produce reaches shelves.
With the AgTech market projected to expand from $1.8Bn in 2025 to $2.23Bn in 2026, and further to $6.27Bn by 2031, this company is aligning its model squarely with that momentum.
By focusing on year-round, locally grown herbs and leafy greens, waste reduction, and measurable sustainability gains, it is quietly positioning itself as a valuable partner worth examining more closely in this accelerating landscape.
And with a tiny float under 1Mn shares and key oversold technicals pointing to a potential healthy reversal approaching, this under-the-radar Nasdaq idea tops our watchlist:
Edible Garden AG Incorporated (Nasdaq: EDBL)
Edible Garden AG Incorporated is a leader in controlled environment agriculture (CEA), delivering locally grown, organic, better-for-you, sustainable produce and products through its Zero-Waste Inspired® next-generation farming model.
Available in over 5,000 retail locations across the United States, Caribbean, and South America, Edible Garden is at the forefront of the CEA and sustainability technology movement, distinguished by its advanced safety-in-farming protocols, sustainable packaging, patented GreenThumb software, and innovative Self-Watering in-store displays. |
Tidak ada komentar:
Posting Komentar