Edible Garden Announces Pulp Sustainable Gourmet Sauces Now Available at Target Retail Locations
12 January 2024 - 1:00AM
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 that Target will
begin carrying Edible Garden’s new line of Pulp sustainable gourmet
USDA Organic fermented sauces in all of their retail locations
across the southeast.
Mr. Jim Kras, Chief Executive Officer of Edible
Garden, stated, "We are pleased that Pulp Sustainable Gourmet
Sauces are now available at Target retail locations across the
southeastern United States. The addition of their southeastern
stores represents a significant expansion of our considerable
distribution network, which now encompasses more than 5,000 retail
locations nationwide, including many big-box retail partners.
Target initially plans to carry three of our Pulp gourmet sauces:
Hungarian Wax, Habanero Carrot Pepper Sauce, and Fresno Chili Hot
Sauce, exclusively in the Produce section of their retail
locations. The launch will be accompanied by substantial support,
including a comprehensive marketing campaign featuring sampling,
geo-targeting, influencer partnerships, and promotional pricing. We
are confident that once customers experience our sustainable, USDA
Organic, 'Bland to Bold' gourmet sauces, they will be eager for
more items from our Pulp product line, allowing us to expand the
number of SKUs we supply. Given their nationwide reach, we believe
this collaboration with Target will help accelerate the growth and
visibility of both Pulp and the Edible Garden brand.”
For more information on Pulp click here.
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 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 overall
profitability, ability to expand its distribution network and
distribution relationships, and performance as a public company.
The words “anticipate,” “believe,” “expect,” “looking ahead,”
“objective,” “will,” “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
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