Edible Garden Announces Distribution of Pulp Sustainable Gourmet Sauces Across All Morton Williams Supermarkets
2023年9月14日 - 10:00PM
Edible Garden AG Incorporated (“Edible Garden” or the
“Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled
environment agriculture (CEA), locally grown, organic, and
sustainable produce and products, today announced that Morton
Williams Supermarkets will begin carrying Edible Garden’s new line
of Pulp sustainable gourmet sauces in all 16 of their locations
within the New York Metropolitan area.
Edible Garden’s new line of Pulp sustainable
gourmet sauces available at Morton Williams Supermarkets
Mr. Jim Kras, Chief Executive Officer of Edible Garden,
commented, "We are delighted to have been selected by Morton
Williams Supermarkets to carry our Pulp Sustainable Gourmet Sauces
across their entire network. Notably, this launch marks our first
foray into the sizable and trend-setting New York City
market. Morton Williams is an ideal retailer to carry our
Pulp products, as the customers they serve have a strong affinity
for tasty, sustainable and organic fermented products, as conveyed
in the Pulp tagline: ‘Bland to Bold.' Moreover, we believe
this is an opportunity for us to gain first-mover advantage in an
entirely new product category. Our strategy is to rapidly and
cost-effectively scale the business by leveraging our established
retail relationships and introducing high margin products with
longer shelf life. In turn, we believe we will be able to
maximize efficiency and minimize our carbon footprint by utilizing
existing distribution channels and truck routes. These products
also support our Zero-Waste Inspired® mission as we utilize all
parts of the pepper. Overall, the feedback from both
retailers and consumers has been quite positive and we look forward
to announcing similar agreements in the near future.”
ABOUT EDIBLE GARDEN®
Edible Garden AG Incorporated is a leader in
controlled environment agriculture (CEA), locally grown, organic
and sustainable produce and products backed by Zero-Waste Inspired®
next generation farming. Offered at over 4,000 stores in the US,
Edible Garden is disrupting the CEA and sustainability technology
movement with its safety-in-farming protocols, use of sustainable
packaging, patented GreenThumb software and self-watering in-store
displays. The Company currently operates its own state-of-the-art
greenhouses and processing facilities in Belvidere, New Jersey and
Grand Rapids, Michigan, and has a network of contract growers, all
strategically located near major markets in the U.S. Its
proprietary GreenThumb 2.0 patented (US No’s.: US 11,158,006 B1 and
US 11,410,249 B2) software optimizes growing in vertical and
traditional greenhouses while seeking to reduce
pollution-generating food miles. Edible Garden is also a developer
of ingredients and proteins, providing an accessible line of plant
and whey protein powders under the Vitamin Way® and Vitamin Whey®
brands. In addition, the Company offers a line of sustainable food
flavoring products such as Pulp gourmet sauces and chili-based
products. For more information on Edible Garden go to
https://ediblegardenag.com/.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 that involve risks, uncertainties and
assumptions that are difficult to predict including with respect to
the Company’s growth strategies, the success of implementing the
GreenThumb 2.0 software, the Company’s ability to maximize
efficiency and minimize our carbon footprint, and the Company’s
success and ability at expanding its product categories. The words
“believe,” “opportunity,” “seeking,” “will,” and similar
expressions are intended to identify forward-looking statements.
These forward-looking statements are subject to a number of risks,
uncertainties, and assumptions, including market and other
conditions, the Company’s ability to achieve its growth objectives,
and other factors set forth in the Company’s filings with the
Securities and Exchange Act Commission, including the Company’s
annual report on Form 10-K for the year ended December 31, 2022.
Actual results might differ materially from those explicit or
implicit in the forward-looking statements. You should not rely
upon forward-looking statements as predictions of future events.
The Company undertakes no obligation to update any such
forward-looking statements after the date hereof to conform to
actual results or changes in expectations, except as required by
law.
Investor Contacts:Crescendo
Communications, LLC212-671-1020EDBL@crescendo-ir.com
- Edible Garden’s new line of Pulp sustainable gourmet sauces
available at Morton Williams Supermarkets
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