# EDGAR Filing Document

**Accession Number:** 0001809750
**File Stem:** 0000000000-23-000398
**Filing Date:** 2023-1
**Character Count:** 9099
**Document Hash:** f516fc993b97b14fc136f7d5652124f9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-000398.hdr.sgml**: 20230303

**ACCESSION NUMBER**: 0000000000-23-000398

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230113

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Edible Garden AG Inc
- **CENTRAL INDEX KEY:** 0001809750
- **STANDARD INDUSTRIAL CLASSIFICATION:** AGRICULTURE PRODUCTION - CROPS [0100]
- **IRS NUMBER:** 850558704
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 283 COUNTY ROAD 519
- **CITY:** BELVIDERE
- **STATE:** NJ
- **ZIP:** 07823
- **BUSINESS PHONE:** 908-750-3953

**MAIL ADDRESS:**
- **STREET 1:** 283 COUNTY ROAD 519
- **CITY:** BELVIDERE
- **STATE:** NJ
- **ZIP:** 07823

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Edible Garden Inc
- **DATE OF NAME CHANGE:** 20200415

## Text-Extract

```

United States securities and exchange commission logo

                             January 13, 2023

       James E. Kras
       Chief Executive Officer
       Edible Garden AG Inc.
       283 County Road 519
       Belvidere, NJ 07823

                                                        Re: Edible Garden AG
Inc.
                                                            Amendment No. 1 to
Registration Statement on Form S-1
                                                            Filed January 5,
2023
                                                            File No. 333-268800

       Dear James E. Kras:

             We have reviewed your amended registration statement and have the
following
       comments. In some of our comments, we may ask you to provide us with
information so we
       may better understand your disclosure.

              Please respond to this letter by amending your registration
statement and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your registration statement and
the information you
       provide in response to these comments, we may have additional comments.

       Amendment #1 to Form S-1

       Recent Developments, page 33

   1.                                                   We reference the
discussion of the purchase of the assets of Greenleaf used in its business
                                                        and the real property.
We also note the disclosure that the assets include all vehicles,
                                                        fixtures, fixed assets
and equipment used in the operation of Greenleaf   s business;
                                                        Greenleaf   s
intellectual property; any inventory; and rights in and to certain outstanding
                                                        contracts of Greenleaf
pursuant to which the company will sell Greenleaf   s existing
                                                        inventory and
work-in-process. Please address the following:
                                                            Revise to clearly
describe your accounting for the acquisition, including whether this
                                                             was considered an
asset acquisition or a business combination. Please provide us with
                                                             your analysis of
whether you acquired assets or a business. Refer to the requirements
                                                             of ASC
805-10-15-4, 10-55-3A to 55-6 and Rule 11-01(d) of Regulation S-X.
 James E. Kras
Edible Garden AG Inc.
January 13, 2023
Page 2
             If you determined that this is the acquisition of assets, please
clearly disclose and
           quantify the specific assets acquired and how they were valued.
             In addition, if this is the acquisition of assets please explain
to us why you included
           the financial statements of Greenleaf and the pro forma information
for the
           transaction as required by Rule 3-05 and Article 11 of Regulation
S-X.
Financial Statements
Audited Financial Statements of Greenleaf Business
Independent Auditors' Report, page F-49

2.    We note that the independent auditors    report includes a disclaimer
opinion on the
      financial statements of Greenleaf. Please note that Rule 2-02(c) of
Regulation S-X
      requires the clear expression of an opinion on the financial statements,
and a disclaimer
      does not satisfy the requirements of Article 2 of Regulation S-X. The
reference to the
      compilation is also not appropriate. Please have your auditor revise
their report to comply
      with the requirements of Article 2 of Regulation S-X.
       You may contact Jeanne Bennett at 202-551-3606 or Brian Cascio at
202-551-3676 if
you have questions regarding comments on the financial statements and related
matters. Please
contact Jordan Nimitz at 202-551-5831 or Dorrie Yale at 202-551-8776 with any
other questions.

                                                             Sincerely,

FirstName LastNameJames E. Kras                              Division of
Corporation Finance
                                                             Office of
Industrial Applications and
Comapany NameEdible Garden AG Inc.
                                                             Services
January 13, 2023 Page 2
cc:       Alexander R. McClean, Esq.
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

DIVISION OF
CORPORATION FINANCE

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

January 13, 2023

James E. Kras
Chief Executive Officer
Edible Garden AG Inc.
283 County Road 519
Belvidere, NJ 07823

**Re: Edible Garden AG Inc.**
**Amendment No. 1 to Registration Statement on Form S-1**
**Filed January 5, 2023**
**File No. 333-268800**

Dear James E. Kras:

We have reviewed your amended registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.

After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments.

Amendment #1 to Form S-1

Recent Developments, page 33

1. We reference the discussion of the purchase of the assets of Greenleaf used in its business and the real property. We also note the disclosure that the assets include all vehicles, fixtures, fixed assets and equipment used in the operation of Greenleaf's business; Greenleaf's intellectual property; any inventory; and rights in and to certain outstanding contracts of Greenleaf pursuant to which the company will sell Greenleaf's existing inventory and work-in-process. Please address the following:
- Revise to clearly describe your accounting for the acquisition, including whether this was considered an asset acquisition or a business combination. Please provide us with your analysis of whether you acquired assets or a business. Refer to the requirements of ASC 805-10-15-4, 10-55-3A to 55-6 and Rule 11-01(d) of Regulation S-X.

James E. Kras
Edible Garden AG Inc.
January 13, 2023
Page 2

- If you determined that this is the acquisition of assets, please clearly disclose and quantify the specific assets acquired and how they were valued.
- In addition, if this is the acquisition of assets please explain to us why you included the financial statements of Greenleaf and the pro forma information for the transaction as required by Rule 3-05 and Article 11 of Regulation S-X.

# Financial Statements

# Audited Financial Statements of Greenleaf Business

# Independent Auditors' Report, page F-49

2. We note that the independent auditors' report includes a disclaimer opinion on the financial statements of Greenleaf. Please note that Rule 2-02(c) of Regulation S-X requires the clear expression of an opinion on the financial statements, and a disclaimer does not satisfy the requirements of Article 2 of Regulation S-X. The reference to the compilation is also not appropriate. Please have your auditor revise their report to comply with the requirements of Article 2 of Regulation S-X.

You may contact Jeanne Bennett at 202-551-3606 or Brian Cascio at 202-551-3676 if you have questions regarding comments on the financial statements and related matters. Please contact Jordan Nimitz at 202-551-5831 or Dorrie Yale at 202-551-8776 with any other questions.

Sincerely,

Division of Corporation Finance
Office of Industrial Applications and
Services

cc: Alexander R. McClean, Esq.