Edible Garden AG has expanded its branded produce footprint by introducing Gourmet Greens Hydroponic Basil into nearly 190 Hannaford Supermarkets across six states in the Northeast. The launch leverages the Company’s proprietary controlled environment agriculture platform to deliver basil with a shelf life extended by up to 50% versus field-grown varieties and to reduce shrink by approximately 30%. Hannaford, founded in 1883 and operating in Maine, New Hampshire, Vermont, Massachusetts, New York and Connecticut, will feature the product in its fresh herb section using Edible Garden’s Self-Watering in-store displays—patented under U.S. Patent No. D1,010,365—to maintain optimal humidity and nutrient delivery. This distribution builds on an existing relationship that has delivered a 12% lift in weekly basil category sales at pilot stores, while reinforcing the retailer’s commitment to locally sourced, sustainable produce.

At the September 24, 2025 Annual Meeting, shareholders authorized a reverse stock split within a 1-for-5 to 1-for-25 range, and the board has set the final ratio at 1-for-10 effective 12:01 a.m. ET on February 3, 2026. Post-split shares will continue trading under the symbol “EDBL” with a new CUSIP 28059P501 and a par value unchanged at $0.0001 per share. The adjustment will proportionately modify exercise prices and share counts for all outstanding warrants and equity awards. CEO Jim Kras indicated that combining every ten outstanding shares into one is designed to restore compliance with Nasdaq’s minimum bid price requirement, enhance the stock’s trading profile and improve investor perception, while preserving each holder’s percentage ownership and leaving the total authorized shares intact.