Edible Garden Receives $2.66M Incentive Package From The Iowa Economic Development Authority For Its Ready-To-Drink Beverage Production Facility

This initiative reflects the Company's continued execution of its Farm to Formula® strategy and its move into higher-value, shelf-stable nutrition categories. The 400,000-square-foot facility, previously used for aquaculture operations, is being converted into a high-capacity, automated production plant designed to manufacture shelf-stable RTD nutritional beverages. The transformation extends Edible Garden's vertically integrated capabilities beyond cultivation and into value-added food and beverage manufacturing. The facility will focus on producing shelf-stable, plant- and dairy-based protein beverages using advanced precision processing, automation, and sustainable production methods aligned with the Company's Zero-Waste Inspired® approach. At full capacity, the facility is expected to produce more than 100 million RTD beverage units annually, positioning Edible Garden to capitalize on the rapidly expanding functional and clean nutrition beverage market. The Company expects broad national distribution, driving revenue diversification and further scaling of its consumer-packaged goods platform.