Edible Garden AG Secures Nasdaq Listing Continuation and Expands Walmart Fresh‑Herb Distribution

Edible Garden AG Incorporated received a favorable decision from a Nasdaq Hearings Panel, allowing the company to remain listed on the Nasdaq Stock Market. The panel required the firm to demonstrate compliance with Listing Rule 5550(a)(2) – a minimum $1.00 closing bid price – by August 15, 2026. The company had completed a 1‑for‑45 reverse stock split on July 13, 2026, and the share price has stayed at or above the required level. The panel will retain jurisdiction over the listing through November 23, 2026.

In a related growth move, Edible Garden announced an expanded partnership with Walmart, rolling out fresh‑cut herbs to additional Mid‑Atlantic stores beginning in the third quarter of 2026. CEO Jim Kras said the expansion strengthens the firm’s long‑term retail strategy. The company reported a 22.9% rise in first‑quarter 2026 revenue to about $3.3 million, driven by a 46% year‑over‑year increase in herb sales.