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Edible Garden AG Incorporated Named a 2024 NJBIZ Empowering Women Honoree

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Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) has been recognized as a 2024 NJBIZ Empowering Women honoree. This prestigious award highlights companies in New Jersey that demonstrate a strong commitment to empowering and elevating women in the workplace. The NJBIZ Empowering Women program celebrates businesses that have implemented initiatives and policies aimed at fostering a more inclusive and supportive environment for women, providing opportunities for leadership, professional growth, and mentorship.

Edible Garden has prioritized programs that support women across all levels of the organization, including leadership development programs, flexible work policies, and mentorship opportunities. The company is dedicated to building a workplace that encourages collaboration, innovation, and growth. CEO Jim Kras expressed honor in receiving this recognition, stating that it reflects Edible Garden's commitment to fostering a workplace where all employees can thrive.

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Positive

  • Recognition as a 2024 NJBIZ Empowering Women honoree, potentially enhancing company reputation
  • Implementation of leadership development programs and mentorship opportunities for women employees
  • Commitment to fostering an inclusive workplace environment, which may improve employee retention and productivity

Negative

  • None.

News Market Reaction 1 Alert

-16.61% News Effect

On the day this news was published, EDBL declined 16.61%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Underscores Edible Garden’s commitment to sustainability in both agriculture as well as corporate culture

BELVIDERE, NJ, Sept. 24, 2024 (GLOBE NEWSWIRE) -- 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, is proud to announce that it has been recognized by NJBIZ as one of the 2024 Empowering Women honorees. This prestigious award highlights companies and organizations throughout New Jersey that demonstrate a strong commitment to empowering and elevating women in the workplace.

The NJBIZ Empowering Women program celebrates businesses that have implemented initiatives and policies aimed at fostering a more inclusive and supportive environment for women, providing them with opportunities for leadership, professional growth, and mentorship.

Edible Garden has continuously prioritized programs that support women across all levels of the organization, including leadership development programs, flexible work policies, and mentorship opportunities designed to help women advance in their careers. The Company is dedicated to building a workplace that encourages collaboration, innovation, and growth.

"We are incredibly honored to be named an NJBIZ 2024 Empowering Women honoree,” said Jim Kras, CEO of Edible Garden. “At Edible Garden, we are committed to promoting a culture where women are empowered to achieve their full potential. This recognition reflects our dedication to fostering a workplace where all employees have the opportunity to thrive. This award further underscores Edible Garden’s commitment to sustainability not only in agriculture but also in corporate culture, aligning with the company’s mission to cultivate a positive impact on both people and the planet.”

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 5,000 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, US 11,410,249 B2 and US 11,830, 088 B2) software optimizes growing in vertical and traditional greenhouses while seeking to reduce pollution-generating food miles. Its proprietary patented (U.S. Patent No. D1,010,365) Self-watering display is designed to increase plant shelf life and provide an enhanced in-store plant display experience. 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’s Kick Sports Nutrition line features premium performance products that cater to today’s health-conscious athletes. Furthermore, Edible Garden offers a line of sustainable food flavoring products such as Pulp gourmet sauces and chili-based products. For more information on Pulp products go to https://www.pulpflavors.com/. For more information on Vitamin Whey® products go to https://vitaminwhey.com/. For more information on Edible Garden go to https://ediblegardenag.com/. A copy of the Company’s latest corporate video is also available here.

Forward Looking Statements
This press release contains forward-looking statements, including with respect to the Company’s growth strategies, the Company’s ability to improve its financial results, and performance as a public company. The words “believe,” “design,” “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, 2023 and subsequent quarterly reports. Actual results might differ materially from those explicit or implicit in the forward-looking statements. 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, LLC
212-671-1020
EDBL@crescendo-ir.com



FAQ

What award did Edible Garden AG Incorporated (EDBL) receive in 2024?

Edible Garden AG Incorporated (EDBL) was named a 2024 NJBIZ Empowering Women honoree, recognizing its commitment to empowering and elevating women in the workplace.

What initiatives has Edible Garden (EDBL) implemented to support women in the workplace?

Edible Garden (EDBL) has implemented leadership development programs, flexible work policies, and mentorship opportunities designed to help women advance in their careers and thrive in the workplace.

How does the NJBIZ Empowering Women award align with Edible Garden's (EDBL) mission?

The award aligns with Edible Garden's (EDBL) commitment to sustainability in both agriculture and corporate culture, emphasizing their mission to cultivate a positive impact on people and the planet.
Edible Garden AG Inc

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Farm Products
Consumer Defensive
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United States
BELVIDERE