Edible Garden Continues Pursuit of Narayan Acquisition; Potentially Expanding Global Growth Opportunities and Positioning for Long-Term Success

Company Overview - Edible Garden AG Incorporated is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce and products [6] - The company operates state-of-the-art greenhouses and processing facilities in New Jersey and Michigan, with a network of contract growers near major U.S. markets [6][7] - Edible Garden's proprietary GreenThumb software optimizes growing in vertical and traditional greenhouses, aiming to reduce pollution-generating food miles [7] Acquisition of Narayan Group - Edible Garden is pursuing the acquisition of Narayan Group, a European producer of organic coconut and superfood products, which is expected to enhance supply chain efficiencies and expand access to healthier ingredients in North America and Europe [1][3] - The acquisition is seen as a major milestone in Edible Garden's growth strategy, allowing for international expansion and the introduction of high-quality, sustainably sourced superfoods to the North American market [3] - Narayan's vertically integrated supply chain will provide greater control over sourcing, production, and distribution, enhancing operational efficiency and reducing costs [3] Event Announcement - Edible Garden will host "The Future of Food" event during Natural Products Expo West® 2025, featuring culinary advisor and James Beard Award-winning Chef JJ Johnson [1][4] - The event aims to showcase bold, globally inspired flavors using Edible Garden's fresh, sustainably grown ingredients, highlighting the intersection of culinary innovation and sustainability [4][5] - The company will also promote its Pickle Party, Pulp, and Squeezables product lines at the Expo, reinforcing its commitment to clean-label condiments [5]