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Edible Garden AG Inc EDBL

Edible Garden AG Incorporated is a controlled environment agriculture (CEA) farming company. It uses the controlled environment of traditional greenhouse structures, such as glass greenhouses, together with hydroponic and vertical greenhouses to sustainably grow organic herbs and lettuces. In its hydroponic greenhouse, it grows plants without soil. In addition to using hydroponic and vertical greenhouse systems, it uses a closed loop system in its greenhouses. In its closed loop system, it also cycles water back into the system that has been collected through reverse osmosis. It has also developed patented software called GreenThumb that assists in tracking plants through its supply chain. Its products include 10 types of individually potted, live herbs; 10 types of cut single-herb clamshells; two specialty herb items; six different types of lettuce; two garden salad kits; hydro basil; bulk basil, and vegan protein powder. Its products are sold at approximately 4,500 supermarkets.


NDAQ:EDBL - Post by User

Post by Iseneschalon Apr 03, 2024 6:37am
39 Views
Post# 35966923

EDBL....here comes another RS !!!!!!!!!!!!

EDBL....here comes another RS !!!!!!!!!!!!This will be RS # 2 ......... this Co. has only been listed for 2 yrs

What complete joke!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Edible Garden Announces Reverse Stock Split of the Company’s Common Stock

2024-04-02 13:30 ET - News Release

BELVIDERE, NJ, April 02, 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 planned reverse stock split of its shares of common stock at a ratio of 1-for-20. The reverse stock split will take effect as of 12:01 a.m. ET, on Friday, April 5, 2024, and shares of Edible Garden will trade on a post-split basis on Nasdaq under the existing trading symbol, “EDBL,” at the market open on April 5, 2024.


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