Edible Garden Purchases a 6.2 Acre Building in Webster City, Iowa to Develop 100+ Million Unit Ready-to-Drink Manufacturing Platform
Key Highlights
- ➤Edible Garden (EDBL) signed contract to acquire Prairie Hills property in Webster City, Iowa
- ➤Acquisition includes real estate, buildings, improvements, equipment, fixtures and other specified property
- ➤Prairie Hills targets 100+ million-unit ready-to-drink manufacturing capacity
- ➤Facility supports protein, functional wellness, clean-label nutrition and private-label beverage production
- ➤Transaction remains subject to due diligence and customary closing conditions
Expert Statements
Jim Kras, Chief Executive Officer of Edible Garden
“Acquiring the Prairie Hills property would represent an important step in the continued development of our Farm-to-Formula® platform”
Jim Kras, Chief Executive Officer of Edible Garden
“We have been systematically putting the pieces in place to build a scalable RTD and clean nutrition manufacturing platform in Webster City.”
Jim Kras, Chief Executive Officer of Edible Garden
“Moving from tenant to owner would give us greater long-term control over this critical infrastructure and further align the facility with the significant investments we are making in manufacturing capabilities, product development, and commercialization.”
Jim Kras, Chief Executive Officer of Edible Garden
“Our vision for Prairie Hills extends well beyond any single product or customer.”
Jim Kras, Chief Executive Officer of Edible Garden
“We are building a flexible manufacturing platform designed to support clean-label, functional and protein-based beverages on a commercial scale.”
Jim Kras, Chief Executive Officer of Edible Garden
“We believe ownership of the facility would strengthen that platform, provide greater operational flexibility, and establish an important long-term foundation for the development and commercialization of higher-value, shelf-stable nutrition products.”
Strategic Iowa Facility Expected to Leverage Tetra Pak Technology to Scale Prairie Hills Location, Drive Long-Term Growth, Local Economic Incentives and Significant Job Creation to Build Scalable Manufacturing Infrastructure
BELVIDERE, NJ, Oct. 01, 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 Real Estate Purchase Contract to acquire the Webster City, Iowa property that is being developed as the Company’s Prairie Hills ready-to-drink (“RTD”) manufacturing facility. Under the agreement, Edible Garden will acquire the property from Iowa Shrimp Holdings, LLC which includes the real estate, buildings, and improvements, as well as specified equipment, fixtures and other property associated with the site. Upon completion, the acquisition would transition Edible Garden from tenant to owner of the Prairie Hills property, providing the Company with long-term control over a strategic manufacturing asset that is expected to play a key role in the continued expansion of its Farm-to-Formula® platform.
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