Edible Garden AG has launched its Gourmet Greens Hydroponic Basil in nearly 190 Hannaford Supermarkets across Maine, New Hampshire, Vermont, Massachusetts, New York and Connecticut. This marks the first branded product rollout under the Gourmet Greens line at the regional grocer and builds on a relationship that already spans distribution of private-label herbs. The specialty basil is grown in Edible Garden’s controlled environment agriculture facilities—utilizing its patented GreenThumb 2.0 software and Self-Watering in-store displays—to deliver uniform leaf quality, up to 25 percent longer shelf life and a 15 percent reduction in shrink. By leveraging its vertically integrated greenhouse network in New Jersey, Michigan and Iowa plus contracted farms near key markets, Edible Garden expects to supply Hannaford with over 100,000 units of hydroponic basil in the first quarter, contributing to its goal of reaching 5,000 retail locations by year-end and driving incremental net revenue of approximately $1.2 million from the partnership.

At its September 24, 2025 annual meeting, Edible Garden’s shareholders authorized a reverse stock split in a range of 1-for-5 to 1-for-25; the board elected a 1-for-10 ratio, effective February 3, 2026 at 12:01 a.m. ET. Post-split shares will trade under the existing symbol on Nasdaq with a new CUSIP of 28059P501 and the par value remaining at $0.0001. All outstanding warrants and equity awards will be proportionately adjusted, and any fractional shares will be rounded up to the next whole share. CEO Jim Kras stated the move is intended to maintain compliance with Nasdaq’s minimum bid requirements, enhance liquidity by reducing share count from approximately 300 million to 30 million outstanding shares, and improve market perception without altering any stockholder’s ownership percentage or the total authorized share pool.