Edible Garden Receives Preliminary Approval From The NJ Economic Development Authority To Sell Its Tax Credits For FY26

Edible Garden has received preliminary approval from the New Jersey Economic Development Authority (NJEDA) to sell its tax credits for fiscal year 2026, potentially providing a source of non-dilutive capital to support its operations and growth objectives. The company aims to enhance its efficiency and scalability through its proprietary GreenThumb 2.0 technology and expand its product portfolio, particularly in the ready-to-drink beverage category. Participation in the NJEDA program is contingent upon final allocation, identification of an approved corporate buyer, and completion of necessary transactions.