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-0.0203947368421054 -0.030263157894737 0 0.00263157894736831 -0.0355328947368422 -0.0217105263157896 -0.0394736842105265 -0.0381578947368423
Stock impact report

Edible Garden Expands Production Capacity with Completion of Additional Production Line at Edible Garden Heartland Facility in Grand Rapids, Michigan

Edible Garden AG Incorporated (EDBL) 
Company Research Source: GlobeNewswire
BELVIDERE, NJ, Oct. 30, 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 the successful completion of an additional production line at its Edible Garden Heartland facility in Grand Rapids, Michigan. This significantly boosts the facility’s capacity, adding advanced processing capabilities to support the Company’s produce and product lines. Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “The additional production line marks a significant expansion of our Midwest production capabilities and is expected to further enhance the Company’s margins. The new production line is an important piece of Edible Garden’s ongoing strategy to transition its offerings toward higher-margin fresh produce as evidenced by the Company’s phasing out of legacy floral operations that it acquired along Show less Read more
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