Edible Garden Launches New Distribution with Sustainability Focus at Woodman’s Market
September 19 2023 - 9:00AM
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 it had signed an
agreement to distribute Edible Garden’s produce and products to all
nineteen Woodman’s Markets locations across Wisconsin and Illinois.
Mr. Jim Kras, Chief Executive Officer of Edible
Garden, commented, “We are excited to announce the availability of
Edible Garden’s products at Woodman’s Markets, which we believe
reflects our growing reputation as a trusted, dependable, supplier
and focus on sustainably grown produce. Importantly,
Woodman’s Markets plans to feature our patented, self-watering
display chain wide. This also marks a significant expansion of our
distribution in the Midwest and allows us to leverage our new
Edible Garden Heartland facility. Woodman’s large retail locations
average 230,000 square feet, are open 24 hours a day, 7 days a
week, and carry a wide variety of products, resulting in high
traffic volume—making them an ideal partner for Edible Garden.”
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 distribution
growth, ability to expand its distribution network and distribution
relationships, and performance as a public company. The words
“believe,” “objective,” “plans,” “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
Edible Garden (NASDAQ:EDBLW)
Historical Stock Chart
From May 2024 to Jun 2024
Edible Garden (NASDAQ:EDBLW)
Historical Stock Chart
From Jun 2023 to Jun 2024