Edible Garden announced on January 7, 2026 that it has closed the sale of its unused New Jersey net operating losses and R&D tax credits under the NJEDA Technology Business Tax Certificate Transfer Program, generating gross proceeds of approximately $3.35 million. This non-dilutive, tax-free capital infusion converts previously dormant tax assets into immediate cash, bolstering the company’s balance sheet without issuing equity or incurring additional debt. CEO Jim Kras emphasized that the transaction enhances financial flexibility, supports ongoing operations and strategic initiatives, and underpins disciplined capital allocation decisions aimed at sustainable, long-term value creation for shareholders.

In a separate release on January 6, 2026, Edible Garden reported a 26.4% increase in preliminary retail sales for the December 14–31, 2025 holiday period versus the prior year. Cut herbs rose 26.7%, potted herbs 25.0%, hydroponic basil 16.4%, and wheatgrass nearly doubled. Condiments and specialty products also contributed to the performance, reflecting broad-based demand across the core portfolio. With distribution now exceeding 5,000 retail locations—including national grocery chains and e-commerce platforms—and industry-leading fulfillment rates, management expects this momentum to carry into early 2026 as it expands retail partnerships and maintains operational discipline.