Edible Garden Announces Commercial Supply Agreement and Strategic Partnership with Caney Fork Farms
Key Highlights
- ➤Production costs for transitioned activities expected to fall more than 12%
- ➤Gross margin expected to rise from approximately 4% to over 19%
- ➤Caney Fork Farms partnership transition begins Q4 2026, completes substantially in 2027
- ➤Edible Garden (EDBL) gains scalable supply model tied to customer demand
Expert Statements
Jim Kras, Chief Executive Officer of Edible Garden
“This agreement represents an important evolution in Edible Garden’s operating model and sustainability strategy.”
Jim Kras, Chief Executive Officer of Edible Garden
“Caney Fork Farms brings exceptional knowledge of certified organic and regenerative agriculture, together with a commitment to scientific research and environmental stewardship that closely aligns with our mission.”
Jim Kras, Chief Executive Officer of Edible Garden
“By combining Caney Fork Farms’ regenerative growing platform with Edible Garden’s controlled environment agriculture expertise, retail relationships, national distribution capabilities and patented GreenThumb 2.0 technology, we believe we can create a more efficient and scalable supply network.”
Jim Kras, Chief Executive Officer of Edible Garden
“This collaboration is expected to strengthen the economics of our core business while supporting our continued progress toward profitability.”
Jim Kras, Chief Executive Officer of Edible Garden
“This partnership brings together two distinct but highly complementary approaches to the future of agriculture.”
Jim Kras, Chief Executive Officer of Edible Garden
“Edible Garden has built its business around controlled environment agriculture, localized production and technology-enabled supply-chain management.”
Jim Kras, Chief Executive Officer of Edible Garden
“Caney Fork Farms is demonstrating how regenerative practices can improve soil health, strengthen agricultural ecosystems and contribute to climate resilience.”
Jim Kras, Chief Executive Officer of Edible Garden
“Together, we believe we can create meaningful commercial value while advancing a more sustainable food system.”
BELVIDERE, NJ, Oct. 23, 2026 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), organic and sustainable produce, and developer of the Zero-Waste Inspired(®) mission and Farm-to-Formula(®) platform, today announced that it has entered into a commercial supply agreement and strategic partnership with Caney Fork Farms, a certified organic, regenerative farm in Carthage, Tennessee. The agreement establishes Caney Fork Farms as an important production and supply partner for Edible Garden. Under the agreement, selected agricultural production activities will transition to Caney Fork Farms, providing Edible Garden with a more flexible supply model that can scale with customer demand.
The collaboration is expected to improve Edible Garden’s operating efficiency and reduce certain resources required to support internally managed growing activities within its core herb business. The transition begins in the fourth quarter of 2026 and is expected to be substantially complete during 2027. Once it is fully implemented, the Company expects it to reduce production costs associated with the transitioned growing activities by more than 12%, raising gross margin on that production from approximately 4% to over 19%. Edible Garden believes these improvements can support stronger margins, better operating leverage and continued progress toward profitability.
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