Edible Garden AG stock temporarily halted due to price instability, rising 144%

Trading on Edible Garden AG (EDBL) stock has been temporarily halted due to significant price fluctuations, with a value increase of 144%.

Previously reported: Edible Garden AG Incorporated, a company specializing in indoor growing, local, organic and eco-friendly vegetables and produce (Nasdaq as EDBL and EDBLW), today unveiled a preliminary Q1 report showing a 40% rise in vegetable sales Compared to the same period of the previous year. Additionally, there has been a more than 200% rise in packaged herbal sales. These increases are due to the company's investment in new equipment and infrastructure improvements, as well as an expansion in the number of stores carrying its products, which has increased its herb production capacity twelvefold.