Lastly we don't want to make a habit of buying 35 cent stks! But here is a name who's earn report really shows signs of a turnaround. Ted Alert* ->Edible Garden AG Incorporated (EDBL) NasdaqCM - NasdaqCM Real Time Price. 0.3587+0.0387(+12.09%) As of 09:54AM EDT. Edible Garden AG Incorporated 32.8% Year-Over-Year Revenue Growth for Fourth Quarter of 2023 Gross Profit Increases 125.8% in 2023 with Gross Margin Increasing by 270 Basis Points Edible Garden Secures Two New Patents in 2024 Highlighting Company’s Innovation Leadership Position in AgTech; Driving Efficiency and Expected Profitability Conference Call to Be Held Today at 8:00 am ET. BELVIDERE, N.J., April 01, 2024 (GLOBE NEWSWIRE) --Edible Garden AG Incorporated (“Edible Garden” or the “Company”)(Nasdaq: EDBL),a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, today provided a business update and reported financial results for the three month and full year periods ended December 31, 2023. Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “We are extremely pleased to report a 21.6% increase in our annual revenue for 2023, as well as a notable 32.8% increase year-over-year for the fourth quarter of 2023. We believe this significant growth reflects the strength of our relationships with major retailers and the trust our customers place in our quality products. We continue to be a leader in our industry, in terms of both service and reliability, and more retailers are turning to Edible Garden for their organic and sustainable product needs. Additionally, by investing in our infrastructure and refining our patented data analytics capabilities, we continue to identify additional opportunities to boost profit margins. The prudent management of our business is reflected in the increase in our gross profit by 270 basis points in 2023 and in the 767 basis point improvement in our operating margin.” “We have further leveraged our platform to enrich and broaden the scope of our offerings. We recently partnered with Tops Friendly Markets, bringing our sustainable herbs to 149 stores across New York, Pennsylvania, and Vermont. Furthermore, we have also added Uncle Giuseppe's Marketplace, part of RBest Produce, which is now offering Edible Garden herbs in their 12 locations throughout New York and New Jersey. The addition of these two retailers significantly boosts our presence in the Northeastern U.S. In February, we entered into 3-year agreements with a leading major U.S. food retailer, enabling us to expand our product lineup in their stores. This expansion includes a variety of products such as potted and fresh-cut herbs, fresh-cut basil, and wheatgrass. More than just expanding our product offerings, this partnership will see the introduction of fresh and innovative displays aimed at boosting the brand’s visibility and prominence on the retailers’ shelves. We also began distributing two innovative flavors from our Vitamin Whey collection to Meijer locations throughout the Midwest earlier this year, as part of the kickoff for our nationwide expansion plan.
Regarding UUUU. I am struggling with the morals of the situation. The company swears they have a safe method that wll not affect the drinking water... And I want to believe them. The US Gov signed off on the permit process, ususally that fact would be the blessing but there is political pressure to get Nuclear going... Numerous legal challenges aimed at stopping the Pinyon Plain Mine repeatedly have been rejected by the courts, and top officials in the Biden administration are reticent to weigh in beyond speaking generally about efforts to improve consultation with Native American tribes. It's just the latest battle over energy development and sacred lands, as tribes in Nevada and Arizona are fighting the federal government over the mining of lithium and the siting of renewable energy transmission lines. The Havasupai are concerned mining could affect water supplies, wildlife, plants and geology throughout the Colorado Plateau, and the Colorado River flowing through the Grand Canyon and its tributaries are vital to millions of people across the West. For the Havasupai, their water comes from aquifers deep below the mine. The Pinyon Plain Mine, formerly known as the Canyon Mine, was permitted in 1984. With existing rights, it was grandfathered into legal operation despite a 20-year moratorium placed on uranium mining in the Grand Canyon region by the Obama administration in 2012. The U.S. Forest Service in 2012 reaffirmed an environmental impact statement that had been prepared for the mine years earlier, and state regulators signed off on air and aquifer protection permitting within the last two years. “We work extremely hard to do our work at the highest standards,” Moore said. “And it’s upsetting that we’re vilified like we are. The things we’re doing are backed by science and the regulators.” The regional aquifers feeding the springs at the bottom of the Grand Canyon are deep — around 1,000 feet (304 meters) below the mine — and separated by nearly impenetrable rock, Moore said. State regulators also have said the area's geology is expected to provide an element of natural protection against water from the site migrating toward the Grand Canyon. Workers talk at the Energy Fuels Inc. uranium Pinyon Plain Mine Wednesday, Jan. 31, 2024, near Tusayan, Ariz. (AP Photo/Ross D. Franklin)(ASSOCIATED PRESS) Still, environmentalists say the mine raises bigger questions about the Biden administration’s willingness to adopt favorable nuclear power policies.
Lets check insider- Natera, Inc. (NTRA) NasdaqGS - NasdaqGS Real Time Price. 89.92-1.54(-1.69%) As of 10:07AM EDT.