Edible Garden plans $25 million-plus expansion of Prairie Hills facility into RTD beverage hub in Iowa

Edible Garden AG Inc

Edible Garden AG Inc

EDBL

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  • Edible Garden outlined a $25+ million redevelopment of its 400,000-square-foot Prairie Hills site into a ready-to-drink beverage manufacturing hub.
  • Webster City backed the project with up to $6.3 million in performance-based tax increment financing tied to new property tax revenue.
  • The plan builds on a previously announced $2.66 million Iowa incentive package.
  • The facility is expected to produce more than 100 million ready-to-drink units a year at full capacity.
  • Incentive payments are scheduled to begin in late 2029, running semi-annually over 15 years if milestones are met.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Edible Garden AG Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606230756PRIMZONEFULLFEED9750819) on June 23, 2026, and is solely responsible for the information contained therein.