Edible Garden Gains Distribution of USDA Organic Herb Product Line at Additional City Supermarket and Additional The Extra Supermarket Locations in New Jersey

Rhea-AI Summary

Edible Garden AG (Nasdaq: EDBL) has expanded distribution of its USDA Organic herb product line to additional City Supermarket and The Extra Supermarket locations in New Jersey. This expansion brings locally grown, organic herbs like basil, cilantro, and parsley to more communities, emphasizing freshness, flavor, and sustainability. CEO Jim Kras highlighted the company's commitment to providing high-quality, sustainably grown products while supporting eco-friendly farming practices. The move aligns with increasing consumer demand for fresh, health-conscious options and demonstrates Edible Garden's dedication to making premium products more accessible while partnering with retailers committed to offering diverse, quality choices.

Positive

• Expanded distribution of USDA Organic herb product line in New Jersey
• Partnership growth with City Supermarket and The Extra Supermarket
• Increased accessibility of locally grown, organic herbs to more communities
• Alignment with consumer demand for fresh, health-conscious options

Negative

• None.

BELVIDERE, NJ, Sept. 17, 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, today announced that it has gained distribution of its USDA Organic herb product line at additional City Supermarket and The Extra Supermarket locations in New Jersey.

"We are excited to expand our partnership with City Supermarket and The Extra Supermarket to bring our USDA Organic herb line to even more locations across New Jersey," said Jim Kras, CEO of Edible Garden. "As 'The Flavor Maker,' we are committed to providing the freshest, most flavorful herbs to our retail partners. With this expansion, even more communities will have access to our locally grown, USDA Organic herbs, including popular varieties such as basil, cilantro, and parsley, all cultivated with the highest standards of quality and sustainability. Our goal is to make it easier for customers to enhance their culinary experiences with ingredients that not only taste great but also support a healthy lifestyle and environmentally responsible farming practices. This expansion demonstrates our commitment to making premium, sustainably grown products more accessible, while highlighting the dedication of City Supermarket and The Extra Supermarket to offering diverse, high-quality choices. By bringing a wider range of fresh, health-conscious options to their shelves, these retailers are not only meeting the evolving preferences of their customers but also actively supporting local, eco-friendly farming practices.”

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 new distribution has Edible Garden (EDBL) gained for its USDA Organic herb product line?

Edible Garden has gained distribution of its USDA Organic herb product line at additional City Supermarket and The Extra Supermarket locations in New Jersey.

Which specific herb varieties are included in Edible Garden's (EDBL) expanded distribution?

The expanded distribution includes popular herb varieties such as basil, cilantro, and parsley, all of which are USDA Organic certified.

How does Edible Garden's (EDBL) expansion align with current consumer trends?

The expansion aligns with increasing consumer demand for fresh, health-conscious options and sustainably grown products, making premium, locally grown organic herbs more accessible.

What benefits does Edible Garden (EDBL) highlight for its retail partners in this expansion?

Edible Garden emphasizes providing retailers with fresh, flavorful herbs that support a healthy lifestyle and environmentally responsible farming practices, helping them offer diverse, high-quality choices to customers.