Edible Garden wins NJEDA preliminary approval to sell NOL, R&D tax credits
EDBL•Edible Garden won preliminary approval under New Jersey’s Technology Business Tax Certificate Transfer Program for fiscal 2026, positioning it to sell unused NOLs and R&D tax credits for potential non-dilutive funding.
1. Preliminary approval
Edible Garden won preliminary clearance under the Technology Business Tax Certificate Transfer Program for state fiscal 2026. The approval positions the company to sell unused net operating losses and research and development tax credits to an approved corporate buyer; proceeds depend on final allocation, required approvals, buyer selection, transaction completion and regulatory compliance.
