Edible Garden AG has secured shelf space for its Gourmet Greens hydroponic basil in nearly 190 Hannaford Supermarkets across six Northeastern states, including Maine, New Hampshire and Massachusetts. This expansion builds on a supply relationship initiated in mid-2024 and leverages the company’s three U.S. greenhouse facilities—Belvidere, NJ; Grand Rapids, MI; and Webster City, IA—and a network of contract growers to deliver consistent, organic basil with an average shelf life extension of 25 percent versus field-grown alternatives. Management estimates that each store will carry two varieties of packaged basil, representing incremental weekly volume of approximately 1,500 units per location. CEO Jim Kras projects that the rollout will drive low-teens percentage revenue growth in the fourth quarter and reduce retail shrink by roughly 10 percent, reinforcing the company’s Zero-Waste Inspired® model and offering a proof point for further branded product placements in regional chains.

Effective February 3, 2026 at 12:01 a.m. ET, Edible Garden will combine every 10 shares of its common stock into one share in order to comply with Nasdaq’s continued listing requirements. Approved by shareholders in September 2025 within a range of 1-for-5 to 1-for-25, the board selected the 1-for-10 ratio to achieve a targeted post-split share price above the $1.00 threshold. The reverse split will not alter the company’s authorized share count or each holder’s percentage ownership, and fractional shares will be rounded up to the nearest whole share. A new CUSIP of 28059P501 has been assigned, while the par value remains at $0.0001. Management expects the action to enhance liquidity, stabilize trading volatility and improve institutional investor interest as Edible Garden continues to scale its controlled environment agriculture platform.