Edible Garden AG Inc., an agricultural company, announced on Monday that it has signed an expanded distribution agreement spanning three years with a leading U.S. food retailer, aiming to extend and improve the retailer's product range.
According to the contract, Edible Garden anticipates generating revenue of approximately $18 million to $20 million over the early three-year period.
Meanwhile, prior to market trading, shares of Edible Garden saw an uptick of 1.86 percent, reaching $0.49 on the Nasdaq.
