tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Edible Garden AG Approves Key Proposals at Annual Meeting

Story Highlights
Edible Garden AG Approves Key Proposals at Annual Meeting

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Edible Garden AG , Inc. ( (EDBL) ).

On September 24, 2025, Edible Garden AG, Inc. held its annual stockholders meeting where several key proposals were approved. These included amendments to the 2022 Equity Incentive Plan, which increased the number of shares available and introduced an ‘evergreen’ provision, and the introduction of the 2025 Officer and Director Equity Incentive Plan. Additionally, stockholders elected four directors, ratified the selection of CBIZ CPAs P.C. as the independent accounting firm, approved a reverse stock split, and passed a proposal to adjourn the meeting if necessary. These decisions are expected to impact the company’s governance and financial strategies moving forward.

The most recent analyst rating on (EDBL) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Edible Garden AG , Inc. stock, see the EDBL Stock Forecast page.

Spark’s Take on EDBL Stock

According to Spark, TipRanks’ AI Analyst, EDBL is a Neutral.

Edible Garden AG, Inc. faces significant financial challenges with declining revenues, high leverage, and negative profitability, which are the most impactful factors on the stock score. Technical analysis indicates bearish momentum, further weighing on the score. Although the company has made strategic moves to focus on high-margin categories and secured additional funding, these positives are overshadowed by current financial and operational difficulties.

To see Spark’s full report on EDBL stock, click here.

More about Edible Garden AG , Inc.

Average Trading Volume: 162,937

Technical Sentiment Signal: Sell

Current Market Cap: $5.73M

See more insights into EDBL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1