Edible Garden AG announced that its Gourmet Greens Hydroponic Basil is now available at Hannaford Supermarkets, adding a new distribution channel in the Northeast that covers 190 stores across Maine, New Hampshire, Vermont, Massachusetts, New York, and Connecticut.
The move is part of a broader strategy to shift from low‑margin fresh produce to higher‑margin core herbs and shelf‑stable consumer packaged goods. The company has been grappling with declining revenue growth and net losses, reporting $12.55 million in trailing‑twelve‑month revenue and a three‑year revenue growth rate of –81.8%. By expanding into Hannaford, Edible Garden aims to improve gross margin and capture higher‑value retail sales that can offset some of the recent margin compression.
The product will be sold under the Gourmet Greens brand, leveraging Edible Garden’s proprietary GreenThumb software and controlled‑environment agriculture platform to deliver consistent quality and extended shelf life. The partnership with Hannaford provides access to a regional customer base that includes the six states served by the chain, giving the company a foothold in a key market for fresh‑herb demand.
While the announcement does not include immediate revenue figures, analysts expect the new channel to contribute incremental sales and margin upside, helping to counterbalance the company’s recent profitability challenges. The company has also announced a 1‑for‑10 reverse stock split effective February 3, 2026, as part of its efforts to improve market perception amid ongoing financial headwinds.
Edible Garden’s recent holiday sales grew 26.4% year‑over‑year, indicating momentum in core product categories. The Hannaford launch signals the company’s commitment to expanding its retail presence beyond its existing 5,000‑store network and pursuing higher‑margin opportunities. Management remains focused on scaling its CEA platform while navigating rising labor, freight, and raw‑material costs.
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