Edible Garden shares are trading higher after the company announced it received USDA grants to support organic certification research & development in New Jersey and Michigan.
Portfolio Pulse from Benzinga Newsdesk
Edible Garden shares rose following the announcement of receiving USDA grants for organic certification research and development in New Jersey and Michigan.
October 25, 2024 | 2:40 pm
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POSITIVE IMPACT
Edible Garden's stock price increased after the company announced it received USDA grants to support organic certification research and development in New Jersey and Michigan.
The receipt of USDA grants is a positive development for Edible Garden, as it supports their research and development efforts in organic certification. This news likely boosts investor confidence, leading to a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100