Edible Garden Announces Whole Foods Market Plans to Carry Pulp Sustainable Gourmet Sauces and Chili-Based Products
09 March 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 at the Natural
Products EXPO WEST® 2023 that Whole Foods Market locations in the
Mid-Atlantic and Southeast will carry Edible Garden’s new line of
Pulp sustainable gourmet sauces and chili-based products beginning
in the summer of 2023.
Mr. Jim Kras, Chief Executive Officer of Edible Garden,
commented, "We are excited to commence the launch of the Pulp line
of products in Whole Foods Market retail locations across their
Mid-Atlantic and Southeastern divisions. Expanding into a new
product category is a significant milestone for Edible Garden as it
moves us into what we believe will be higher-margin products with
longer shelf life. In addition, it will provide the brand with
added visibility as the product will be located in the refrigerated
section, which is adjacent to our products carried in the produce
section. The addition of Whole Foods Market as a retail
distribution partner represents a further expansion of an already
robust distribution network across the country. We look forward to
working closely with Whole Foods Market as we seek to further
expand our Zero-Waste Inspired® brand, both geographically and into
new product categories.”
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 Statements
This press release contains forward-looking statements,
including with respect to the Company’s growth strategies, the
Company’s expansion into new product lines, and performance as a
public company. The words “believe,” “expect,” “look forward,”
“objective,” “plan,” “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,
LLC212-671-1020
EDBL@crescendo-ir.com
Edible Garden (NASDAQ:EDBLW)
Historical Stock Chart
From Mar 2024 to Apr 2024
Edible Garden (NASDAQ:EDBLW)
Historical Stock Chart
From Apr 2023 to Apr 2024