Edible Garden Receives U.S. Patent No. 11,830,088 B2 For GreenThumb Greenhouse Agriculture System
Portfolio Pulse from Benzinga Newsdesk
Edible Garden AG Incorporated has been granted U.S. Patent No. 11,830,088 B2 for its GreenThumb Greenhouse Agriculture System. The patent covers methods and systems for optimizing greenhouse farming, including planting, pesticide application, and harvesting. The system uses sensors and a proprietary learning engine to forecast crop availability and predict market demand, allowing for automated planting and harvesting instructions. This is the third patent for the GreenThumb system, and the company is also seeking a trademark for the system's name.
January 23, 2024 | 2:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Edible Garden AG Incorporated has received a patent for its GreenThumb Greenhouse Agriculture System, which is expected to improve supply chain efficiency and support company growth.
The granting of a new patent typically signifies a competitive advantage and potential for improved operational efficiencies. This innovation could lead to increased investor confidence in Edible Garden's growth prospects and sustainability initiatives, likely resulting in a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100