Edible

Edible Garden Announces Product Development Agreement with Hermann Pickle Company

Retrieved on: 
tisdag, maj 7, 2024

BELVIDERE, NJ, May 07, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that it has entered into a product development agreement (the “Agreement”) with Hermann Pickle Company LLC (“Hermann Pickles”), an industry leading company in the region that specializes in refrigerated kosher dill pickles, sauerkraut and fermented food products based in Garrettsville, Ohio.

Key Points: 
  • BELVIDERE, NJ, May 07, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that it has entered into a product development agreement (the “Agreement”) with Hermann Pickle Company LLC (“Hermann Pickles”), an industry leading company in the region that specializes in refrigerated kosher dill pickles, sauerkraut and fermented food products based in Garrettsville, Ohio.
  • Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “We are excited to embark on this joint development project with Hermann Pickles.
  • Hermann Pickles and sauerkrauts have been a long-standing staple at delis and dinner tables across the country for generations.
  • At Edible Garden, we want to live up to our reputation as ‘The Flavor Maker’ by bringing the most delicious flavors to America’s homes.

PASÉA HOTEL & SPA UNVEILS $5 MILLION RENOVATION, DEBUTING LŌREA RESTAURANT AND REFRESHING TREEHOUSE ON PCH ROOFTOP BAR

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måndag, maj 6, 2024

HUNTINGTON BEACH, Calif., May 6, 2024 /PRNewswire/ -- Paséa Hotel & Spa, set in Huntington Beach, unveils a $5 million renovation of its food and beverage program, transforming the property dining experience for guests and locals. The much-anticipated reveal includes Lōrea – a brand-new California coastal-inspired restaurant with a land and sea concept – in addition to a complete refresh of the hotel's wildly popular rooftop lounge, rebranded to Treehouse on PCH.

Key Points: 
  • The much-anticipated reveal includes Lōrea – a brand-new California coastal-inspired restaurant with a land and sea concept – in addition to a complete refresh of the hotel's wildly popular rooftop lounge, rebranded to Treehouse on PCH .
  • "Paséa has long established itself as the quintessential Southern California escape – with unmatched ocean views and year-round programming," says Vincent Savignano, Director of Food & Beverage.
  • "As the newest dining concepts in Huntington Beach, Lōrea and the refreshed Treehouse on PCH elevate the epicurean experience on-property and make Paséa a true culinary destination, while simultaneously raising the bar for the restaurant scene in Orange County."
  • The renewed menu at Treehouse on PCH offers a refreshing lineup of specialty cocktails crafted by Sandoval, plus a selection of beer, wine and 'free-spirited,' non-alcoholic offerings.

Edible Insects Market to Reach $17.9 Billion by 2033 - Exclusive Report by Meticulous Research®

Retrieved on: 
torsdag, maj 2, 2024

Thus, edible insects have emerged as an important alternative source of protein for livestock production and human consumption, driving demand and boosting the growth of the edible insects market.

Key Points: 
  • Thus, edible insects have emerged as an important alternative source of protein for livestock production and human consumption, driving demand and boosting the growth of the edible insects market.
  • Key Findings in the Global Edible Insects Market Study:
    On the basis of product, the edible insects market is segmented into whole insects, insect powder, insect meal, and insect oil.
  • On the basis of insect type, the edible insects market is segmented into crickets, black soldier flies, mealworms, buffalo worms, grasshoppers, ants, silkworms, cicadas, and other edible insects.
  • The Asia-Pacific edible insects market is estimated to be around USD 6 billion by 2033.

Edible Insects Market to Reach $17.9 Billion by 2033 - Exclusive Report by Meticulous Research®

Retrieved on: 
torsdag, maj 2, 2024

Thus, edible insects have emerged as an important alternative source of protein for livestock production and human consumption, driving demand and boosting the growth of the edible insects market.

Key Points: 
  • Thus, edible insects have emerged as an important alternative source of protein for livestock production and human consumption, driving demand and boosting the growth of the edible insects market.
  • Key Findings in the Global Edible Insects Market Study:
    On the basis of product, the edible insects market is segmented into whole insects, insect powder, insect meal, and insect oil.
  • On the basis of insect type, the edible insects market is segmented into crickets, black soldier flies, mealworms, buffalo worms, grasshoppers, ants, silkworms, cicadas, and other edible insects.
  • The Asia-Pacific edible insects market is estimated to be around USD 6 billion by 2033.

International Horticultural Exhibition 2024 Chengdu Opens

Retrieved on: 
fredag, april 26, 2024

CHENGDU, China, April 25, 2024 (GLOBE NEWSWIRE) -- On April 26th, the International Horticultural Exhibition 2024 Chengdu (Expo 2024 Chengdu or EXPO) officially opened with the central theme of "Park City, Beautiful Habitat", and will continue until October 28th.

Key Points: 
  • CHENGDU, China, April 25, 2024 (GLOBE NEWSWIRE) -- On April 26th, the International Horticultural Exhibition 2024 Chengdu (Expo 2024 Chengdu or EXPO) officially opened with the central theme of "Park City, Beautiful Habitat", and will continue until October 28th.
  • Meanwhile, international gardens like those from Montpellier, Manchester and the Berlin "Berlin Iceberg Rose Garden" reflect the diversity and exchanges in global horticulture.
  • During the span of the EXPO, more than 2,000 activities like international flower gardening competition and intangible cultural heritage exhibition will also take place in Chengdu, so as to promote international interactions and collaborations between gardening, horticulture, floriculture and nursery industry, humanities and fine arts.
  • As to why this year's International Horticultural Exhibition is hosted in Chengdu, perhaps people can find the answer in a book by the British horticulturalist and botanist Ernest Henry Wilson.

Edible Garden Regains Compliance with Nasdaq Bid Price Requirement

Retrieved on: 
måndag, april 22, 2024

BELVIDERE, NJ, April 22, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that it received notice from Nasdaq on April 19, 2024 indicating that the Company had regained compliance with the minimum bid price requirement under Nasdaq Rule 5550(a)(2).

Key Points: 
  • BELVIDERE, NJ, April 22, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that it received notice from Nasdaq on April 19, 2024 indicating that the Company had regained compliance with the minimum bid price requirement under Nasdaq Rule 5550(a)(2).
  • Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “We are pleased to have regained compliance with the bid price requirement of Nasdaq.
  • These elements are critical to our sustained success and we believe they are laying the foundation for accelerated revenue growth.
  • Our emphasis on financial discipline and operational efficiency is essential to our strategy as we strive to become cash flow positive.”

Cannabis Market Flourishes Amid Global Legalization, Driving Concerns About Road Safety

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måndag, april 22, 2024

NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Over the past decade, the cannabis market has undergone significant expansion, driven largely by a wave of legalization efforts across the United States and other parts of the world. As state and national governments reassess their legal stance on cannabis, both for medical and recreational use, the industry has seen a surge in legitimacy and economic interest. In the United States, a majority of states have legalized cannabis in some form, reflecting a shift in public opinion and an acknowledgement of the potential medical benefits and revenue generation opportunities. Globally, countries like Canada, Uruguay, and several European nations have moved towards more liberal cannabis policies, further propelling the market's growth. The financial implications of these legalization efforts are substantial and continue to evolve. According to a report by Grand View Research, the global legal cannabis market size was valued at USD 13.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 25.5% from 2022 to 2030. Cannabix Technologies Inc. (OTC: BLOZF) (CSE: BLO), Cronos Group Inc. (NASDAQ: CRON), Canopy Growth Corporation (NASDAQ: CGC), Aurora Cannabis Inc. (NASDAQ: ACB), Curaleaf Holdings, Inc. (OTC: CURLF)

Key Points: 
  • Globally, countries like Canada, Uruguay, and several European nations have moved towards more liberal cannabis policies, further propelling the market's growth.
  • One of the primary concerns is the correlation between cannabis use and impaired driving.
  • Studies have shown that cannabis can significantly impair motor coordination, reaction times, and decision making, which are critical skills for safe driving.
  • NGC also partners with Canadian GACP cultivators to produce and distribute finished cannabis products to both the domestic and global markets.

ABVC BioPharma Executes a Global Licensing Definitive Agreement for the Treatment of NSCLC, Expecting Aggregate Income of $13.75M and Royalties of up to $12.50M

Retrieved on: 
onsdag, april 17, 2024

The Investigational New Drug (IND) application for ABV-1519 proposed the clinical investigation of BLEX 404 as a Combination Therapy Drug with Chemotherapy.

Key Points: 
  • The Investigational New Drug (IND) application for ABV-1519 proposed the clinical investigation of BLEX 404 as a Combination Therapy Drug with Chemotherapy.
  • We believe that this collaboration leverages the respective strengths of both companies to accelerate the availability of this vital treatment to patients worldwide.
  • This licensing agreement exemplifies ABVC and OncoX's shared dedication to advancing medical science and improving patient care.
  • ABVC urges its shareholders to sign up on the Company's website for the latest news alerts: visit https://abvcpharma.com/?page_id=17707

Edible Garden Reports Preliminary First Quarter Year-Over-Year Increase in Produce Revenues of 40%; Cut Herb Revenue Increased More Than 200% for the Same Period

Retrieved on: 
onsdag, april 17, 2024

BELVIDERE, NJ, April 17, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced a preliminary first-quarter year-over-year increase in produce revenues of 40% and an increase in cut herb revenue of more than 200% compared to the same period last year.

Key Points: 
  • BELVIDERE, NJ, April 17, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced a preliminary first-quarter year-over-year increase in produce revenues of 40% and an increase in cut herb revenue of more than 200% compared to the same period last year.
  • This growth resulted from the Company’s investments in equipment and infrastructure, as well as expanded retail distribution leading to a 12-fold increase in herb production.
  • These retailers rely on us for our high-quality, locally sourced, organic, and sustainably produced products.
  • As we increase our production volume and leverage our fixed costs, we expect to benefit from improved margins and economies of scale.”

Edible Garden Announces Pulp Sustainable Line of Products Now Available Through UNFI Distributors

Retrieved on: 
torsdag, april 11, 2024

BELVIDERE, NJ, April 11, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, today announced that United Natural Foods, Inc. (“UNFI Distributors” or “UNFI”) will carry Edible Garden’s new line of Pulp sustainable gourmet sauces and chili-based products.

Key Points: 
  • BELVIDERE, NJ, April 11, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, today announced that United Natural Foods, Inc. (“UNFI Distributors” or “UNFI”) will carry Edible Garden’s new line of Pulp sustainable gourmet sauces and chili-based products.
  • Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “We are excited to announce that our sustainable Pulp product line is now available through UNFI Distributors, a leading grocery wholesaler in North America.
  • UNFI serves over 30,000 locations across the continent, including natural product superstores, independent retailers, supermarket chains, e-commerce platforms, and food service providers.
  • The introduction of our Pulp line has received a positive reception from consumers seeking to enhance their meals with its 'Bland to Bold' flavor profile, reinforcing Edible Garden's reputation as 'The Flavor Maker.