Edible Garden Announces Research Partnership with the New Jersey Institute of Technology, the USDA, and the Environmental Protection Agency to Study Nanobubble Technology
10 February 2023 - 12:30AM
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 a
research partnership with the New Jersey Institute of Technology
(“NJIT”), the United States Department of Agriculture (“USDA”) and
the Environmental Protection Agency (“EPA”), studying the impacts
of nanobubble technology on food safety of fresh produce and
processing procedures.
Mr. Jim Kras, Chief Executive Officer of Edible Garden,
commented, "We are excited about joining forces with NJIT, USDA,
and EPA in this research partnership, as their commercial partner.
The EPA (P2) funded partnership will focus on studying the use of
nanobubble technology in a CEA environment. Nanobubbles are tiny
bubbles of gas, smaller than traditional bubbles, believed to
improve plant growth and crop yields in soil-based and hydroponic
systems. The research will aim to validate the potential benefits
of nanobubbles for indoor agriculture and explore their impact on
plant health, water usage, nutrient utilization, and energy
efficiency. We believe that this research is well-aligned with our
Zero-Waste Inspired® philosophy. Nanobubble technology has the
potential to revolutionize plant nutrition, providing more
nutritious plants with longer shelf lives, which could greatly
benefit Edible Garden's products."
Patricia Millner, Research Microbiologist at the USDA commented,
“The significance of this research cannot be overstated as it will
shed light on the impact of nanobubble technology on plant growth.
The results of the study are expected to provide concrete proof of
the technology's practical applications. Edible Garden's
involvement in the partnership is ideal, as their commitment to
eco-friendly agriculture aligns well with the USDA's goals.”
Wen Zhang, an NJIT professor and a state-licensed professional
engineer in environmental engineering commented, “Edible Garden's
partnership in this research project is greatly appreciated. Their
support, including providing space at their Belvidere, New Jersey
greenhouse facility, to conduct the field verification research,
will be instrumental in furthering the commercialization of
nanobubble technology and the development of smart and precision
agriculture. We look forward to working with them to gain a deeper
understanding of the effects of nanobubble technology on plant
growth.”
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 plans to offer 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 growth strategies, the
potential benefits of agricultural technology for the Company’s
business, and performance as a public company. The words “aim,”
“believe,” “could,” “expect,” “look forward,” “objective,” “plan,”
“potential,” “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 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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