Edible

InvestmentPitch Media Video Discusses Nevis Brands' Fiscal Results for Year Ended November 30, 2023 with Q4 Revenue up 44% Quarter over Quarter

Retrieved on: 
Friday, March 22, 2024
TSX Venture Exchange, Happy Apple, News, Edible, SKU, Drink, Major, Drug

For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company.

Key Points: 
  • For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company.
  • Cost of goods dropped from $144,381 in Q3 to $135,223 in Q4, a reduction of 7%.
  • During the year, revenue was derived from royalties received from licensees in 5 states, Washington, Oregon, Arizona, Colorado, and Ohio.
  • For more information, please visit the company's website www.NevisBrands.com , contact John Kueber, CEO, at 425-380-2151 or by email at [email protected] .

Edible Garden Begins Shipping Spring Ornamentals and Florals For Sale at Major Big Box Retailers

Retrieved on: 
Tuesday, April 9, 2024
Edible, CEA

BELVIDERE, NJ, April 09, 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, sustainable produce and products, today announced that it has begun shipping spring ornamentals, grown in its Edible Garden Heartland facility in Grand Rapids, Michigan.

Key Points: 
  • BELVIDERE, NJ, April 09, 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, sustainable produce and products, today announced that it has begun shipping spring ornamentals, grown in its Edible Garden Heartland facility in Grand Rapids, Michigan.
  • The lineup of spring ornamentals includes hanging baskets and accent greens.
  • Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “We are delighted to have begun shipping spring ornamentals from our Edible Garden Heartland facility to major big box retailers as we lead up to Mother’s Day, one of the biggest days of the year in the floral industry.
  • We expect that the expansion of this segment of our business will have a positive impact on the Company’s overall margins as ornamentals and florals are typically higher-margin products than some of the other products we produce.”

Edible Garden Transitions Business to Edible Garden Heartland on Schedule; Increased Efficiency and Owned Facility Expected to Positively Impact Margins

Retrieved on: 
Wednesday, April 3, 2024
National Organic Program, Edible, CEA

Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “As a result of our vertical integration initiative, I am pleased to announce we are now shipping the USDA Organic potted herbs produced at our Edible Garden Heartland facility to major distribution partners in the Midwest.

Key Points: 
  • Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “As a result of our vertical integration initiative, I am pleased to announce we are now shipping the USDA Organic potted herbs produced at our Edible Garden Heartland facility to major distribution partners in the Midwest.
  • This marks a significant expansion of our Midwest production capabilities and is expected to enhance our margins by reducing production costs.
  • In addition, we have recently completed the installation of several high-speed packing lines at the facility, allowing the facility to operate at increased capacity.
  • Having Edible Garden Heartland operate at a higher capacity enables us to shift from contract growers to in-house production, starting with potted herbs.

Edible Garden Announces Reverse Stock Split of the Company’s Common Stock

Retrieved on: 
Tuesday, April 2, 2024
Edible, CUSIP, CEA, Security (finance)

Following the reverse stock split, the new CUSIP number of the common stock will be 28059P303, with the par value per share of common stock remaining at $0.0001.

Key Points: 
  • Following the reverse stock split, the new CUSIP number of the common stock will be 28059P303, with the par value per share of common stock remaining at $0.0001.
  • We also believe that the increased market price of the common stock that is expected as a result of implementing the reverse stock split could improve the marketability of the Company’s shares.”
    When the reverse stock split becomes effective, every 20 shares of the Company’s issued and outstanding common stock will be combined into one share of common stock.
  • Any fractional shares resulting from the reverse stock split will be rounded up to the nearest whole share of common stock.
  • The reverse stock split will not reduce the number of authorized shares of common stock.

N2OFF: Save Foods Granted Patent Approval in South Africa for its Proprietary Technology

Retrieved on: 
Thursday, March 28, 2024
Agriculture, Citrus, Patent, Complexity, Food safety, Edible

Neve Yarak, Israel, March 28, 2024 (GLOBE NEWSWIRE) -- N2OFF, Inc. (NASDAQ: NITO) (FSE:80W) (“N2OFF” or the “Company”), a pioneer agri-food tech company offering sustainable solutions for agriculture and plant-based food, announces that one of Save Foods Ltd.’s patents has been granted in South Africa. This achievement emphasizes the Company’s ongoing commitment to global food safety and sustainability while expanding its geographical distribution.

Key Points: 
  • According to The Observatory of Economic Complexity , in 2022 South Africa exported $1.85 billion in citrus, making it the second largest exporter of citrus in the world.
  • Concurrently, in 2022, citrus represented the 14th most exported product in South Africa.
  • David Palach, N2OFF’s CEO, said "This patent in South Africa marks another milestone in our mission to reduce food waste and ensure food safety worldwide.
  • Our proprietary technology, now recognized in South Africa, strengthens the Company’s global impact and the universal need for sustainable food protection solutions."

Aloha Hawaii! Sugar Factory American Brasserie is Bringing its Sweet Treats to Honolulu

Retrieved on: 
Tuesday, April 9, 2024
Honey, Cloud, Nelk, Sugar, Edible, Watermelon Sugar, Cent, Parmigiana, The Sugar Factory, Lunch, Onion, Wagyu, Malasada, Cheerios, Ala Moana, Honolulu, Candy, Nutella, Ala Moana Center, Salad, Chocolate, Candy Shop, Chicken and waffles, Rock, Ice cream, Heart, Caffeine, Rib eye steak, Fast food

HONOLULU, April 9, 2024 /PRNewswire/ -- Sugar Factory American Brasserie, America's favorite eatery and celebrity hotspot, is set to sweeten the Ala Moana Center with its Grand Opening in Honolulu. The Sugar Factory, the go-to destination seen all over Instagram and TikTok, is ready to make waves and will open its doors on April 10th, 2024. Whether you're a local looking to try the famous King Kong Sundae or a curious visitor eager to taste Honolulu's exclusive Godzilla Sundae, the new location promises an experience like no other.

Key Points: 
  • HONOLULU, April 9, 2024 /PRNewswire/ -- Sugar Factory American Brasserie , America's favorite eatery and celebrity hotspot, is set to sweeten the Ala Moana Center with its Grand Opening in Honolulu.
  • Sugar Factory's Insane Iced Coffees are a perfect pairing and a photo-worthy way to add a caffeine boost to the day.
  • Kevin Aoki , managing partner of Sugar Factory Honolulu, states, "I am thrilled to bring the sweet taste of Sugar Factory to the shores of our beloved island.
  • Grab your cameras because Sugar Factory is about to make its grand entrance into Honolulu, bringing the iconic brand to the heart of the city!

Minnesota's Top-Selling THC Beverage Brand Trail Magic Wins National Honors at the High Spirits Awards in California

Retrieved on: 
Monday, April 8, 2024
Best in Show (film), Culture, Taste, Silver, Dayton, Ohio, Education, Edible, American Discovery Trail, Drink, Platinum, THC, Gen, Liquor

MINNEAPOLIS, April 8, 2024 /PRNewswire-PRWeb/ -- Minneapolis-based THC beverage producer Trail Magic, which was launched by Minneapolis Cider Company in 2022, has won a top prize from California's High Spirits Awards, a national celebration of cannabinoid-infused beverages launched by the L.A. Spirits Awards. Trail Magic won Best Infused Ready-To-Drink, a national recognition for Minnesota's top-selling THC beverage brand.

Key Points: 
  • Trail Magic won Best Infused Ready-To-Drink, a national recognition for Minnesota's top-selling THC beverage brand.
  • Trail Magic launched in July 2022, just weeks after Minnesota changed its laws allowing for hemp-derived THC in edible and drinkable products.
  • Since then, hordes of Minnesota-based beverage and edibles manufacturers have followed suit, ushering low-dose THC products into the mainstream culture.
  • With Minnesota leading the nation in THC beverage production, Dayton is eager to see more people get introduced to low-dose THC consumption.

Miracle-Gro and Martha Stewart Partner To Simplify Gardening

Retrieved on: 
Monday, April 8, 2024
Soil, Garden, The Roku Channel, Zillow, Nutrient, Scotts Miracle-Gro Company, Vegetable, Partnership, Gardening, Meta, Edible, The Scotts, Miracle-Gro, Roku, The Martin Agency, Pet, CTV, Uber, Pinterest, IHeartRadio, Fertilizer

COLUMBUS, Ohio, April 8, 2024 /PRNewswire/ -- A long-standing leader in the lawn and garden category, The Scotts Miracle-Gro Company today announces a partnership between Miracle-Gro and gardening expert Martha Stewart to encourage Americans to spend more time in the garden. The collaboration includes a new ad campaign, "Gro Like Martha," that aims to shift the perceived complexity of gardening to a simple recipe for success, including one very important ingredient: the right dirt.

Key Points: 
  • COLUMBUS, Ohio, April 8, 2024 /PRNewswire/ -- A long-standing leader in the lawn and garden category, The Scotts Miracle-Gro Company today announces a partnership between Miracle-Gro and gardening expert Martha Stewart to encourage Americans to spend more time in the garden.
  • The range of helpful content includes an "Ask Martha" newsletter on the Miracle-Gro website, videos featuring Martha across Miracle-Gro's social channels and sponsorship of Martha Gardens on the Roku Channel.
  • "Martha always starts with the best ingredients or best materials, and the soil in her garden is no different.
  • Martha and her team understand the importance of letting the soil do much of the work, especially when it comes to edible gardening.

Cronos Launches Lord Jones® Chocolate Fusions

Retrieved on: 
Monday, March 25, 2024
Taste, Lord, Research, Edible, TSX, THC, Chocolate, Candy

TORONTO, March 25, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), an innovative global cannabinoid company, announced today the launch of Lord Jones® Chocolate Fusions, its exciting first entry into the chocolate edibles category.

Key Points: 
  • TORONTO, March 25, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), an innovative global cannabinoid company, announced today the launch of Lord Jones® Chocolate Fusions, its exciting first entry into the chocolate edibles category.
  • “We are thrilled to bolster the recent successful launch of the Lord Jones® brand in Canada with our first chocolate edibles,” said Jeff Jacobson, Chief Growth Officer, Cronos.
  • We believe Chocolate Fusions™ are a category-defining product that will expand the chocolate segment,” said Mike Gorenstein, President, Chairman, and Chief Executive Officer, Cronos.
  • Lord Jones® Chocolate Fusions launch in Ontario this month and will be available throughout Canada by mid-2024.

Next-Generation Influencers "Dish It Out" Over Food and Sustainability

Retrieved on: 
Wednesday, March 20, 2024
Cooking, Element, Farmer, Bed, Gardening, Compost, Edible, Carbon, Foodservice, Green Builder Media, Housing, Water, Le Cordon Bleu

While there are several food services out there to automate these decisions, younger generations are looking to find a more sustainable approach to cooking.

Key Points: 
  • While there are several food services out there to automate these decisions, younger generations are looking to find a more sustainable approach to cooking.
  • To help, Green Builder Media is hosting a Next Generation Influencers Group (NGIG) meeting–“Dish It Out”–on April 2  at 12 ET focused on food sustainability.
  • Green Builder Media will jumpstart the conversation by presenting COGNITION Smart Data discoveries concerning sustainable food and broader housing trends.
  • With Caroline’s presentation, the open forum, and COGNITION insights, this event will be jam-packed with valuable information for those interested in food, sustainability, and decarbonization.