Edible Garden Rolls Out Fall Floral and Ornamental Shipments from Its New Edible Garden Heartland Facility in Grand Rapids, Michigan
2023年9月22日 - 8:00PM
Edible Garden AG Incorporated (“Edible Garden” or the
“Company”) (Nasdaq: EDBL, EDBLW), a
leader in controlled environment agriculture (CEA), locally grown,
organic, sustainable produce and products, today announced that it
has begun shipping fall ornamentals, grown in its Edible Garden
Heartland facility in Grand Rapids, Michigan.
Mr. Jim Kras, Chief Executive Officer of Edible
Garden, commented, “We are pleased to kick off shipments of tens of
thousands of fall ornamentals from our new Edible Garden Heartland
facility in Grand Rapids, Michigan, just in time for the fall
gardening season. Our offerings include mums, a favorite from last
year, and marigolds, a fresh addition for 2023. These plants are
now being delivered to leading big-box stores throughout the
Company’s distribution network. Since acquiring Edible Garden
Heartland last year, the Company has integrated cutting-edge
technologies, like our proprietary GreenThumb greenhouse management
system, to boost our supply chain's efficiency, in addition to
leveraging our advanced growing techniques, in line with Edible
Garden’s philosophy of maximizing the Company’s available assets.
We believe we are making the most of the expanded growing
capacity that our Edible Garden Heartland facility provides,
enhancing our ornamental business within our existing distribution
network, as well as expanding our ornamental offerings to potential
customers outside our network. We expect higher profit margins from
ornamentals and believe that growing this business area will
positively impact the Company's overall profitability.”
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 Nos.: 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, including with respect to the Company’s overall
profitability, ability to expand its distribution network and
distribution relationships, and performance as a public company.
The words “believe,” “expect,” “objective,” “potential,” “will,”
“seek,” 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 and the Company’s ability to
achieve its growth objectives. 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
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