Edible Garden Completes Phase Two Buildout of Edible Garden Heartland - Aligns with USDA Organic Certification
March 29 2023 - 8:30AM
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 the
Edible Garden Heartland greenhouse facility has fulfilled the
requirements and obtained all necessary certifications from both
the USDA and PrimusGFS.
Mr. Jim Kras, Chief Executive Officer of Edible
Garden, commented, “I am pleased to report that the Edible Garden
Heartland greenhouse facility in Grand Rapids, Michigan has been
awarded its USDA Organic Certification, as well as the Indoor
Agriculture Certificate, Harvest Crew Certificate, and
Packinghouse/HACCP Certificate from PrimusGFS, an esteemed audit
Certification Program that is widely recognized by the Global Food
Safety Initiative (GFSI) for its expertise in ensuring food safety
in the fresh produce industry. These certifications were obtained
with high scores, further validating Edible Garden's Zero-Waste
Inspired® mission to deliver fresh produce that is sustainably
grown to its customers.”
“When the Edible Garden Heartland facility
launches, we expect to be able to fulfill the demands of our
largest Midwest client, Meijer, and other significant big-box
retailers in the region who are eager to strengthen their ties with
the Company. Furthermore, we aim to expand our distribution network
in the Midwest by engaging new distribution partners that we were
previously unable to serve. Thanks to the additional capacity that
Edible Garden Heartland will provide, and the strong relationships
we share with our local contract growers, we believe this is now
achievable. Additionally, we intend to introduce new, innovative
technologies to the facility later in 2023, including our Green
Thumb 2.0 system, an enhanced version of our proprietary,
cloud-based, greenhouse management and demand planning system.”
Mike Sudbury, General Manager at Edible Garden
Heartland commented, “I'm thrilled that Edible Garden Heartland has
successfully secured its USDA Organic Certification and additional
PrimusGFS certifications. As someone who calls the heartland
home, I take immense pride in the fact that we opted to retrofit an
existing facility with our state-of-the-art technology. We have a
dedicated team in Grand Rapids who worked tirelessly to get us up
and running quickly after purchasing the facility in August. We
can't wait to officially launch and share our passion with the
community in the near future.”
ABOUT EDIBLE GARDEN®Edible
Garden AG Incorporated is a leader in locally grown organic leafy
greens and herbs 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
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 StatementsThis
press release contains forward-looking statements, including with
respect to the Company’s growth strategies, the Company’s expansion
into new distribution networks, and performance as a public
company. The words “aim,” “believe,” “expect,” “intend,”
“objective,” “seek,” “strategy,” “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.
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,
LLC212-671-1020
EDBL@crescendo-ir.com
Edible Garden (NASDAQ:EDBL)
Historical Stock Chart
From Aug 2024 to Sep 2024
Edible Garden (NASDAQ:EDBL)
Historical Stock Chart
From Sep 2023 to Sep 2024