BELVIDERE, NJ, July 19 12, 2022 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable products , announced today that it has started distributing products at 28 Food Bazaar outlets.
Mr. Jim Kras, Managing Director of Edible Garden, said: “We are pleased to announce this latest expansion of our distribution in the North East with the addition of Food Bazaar, a full-service supermarket with locations in densely populated areas that receive high volumes of foot traffic across New York, New Jersey and Connecticut. This opportunity follows a very successful pilot program at our first Food Bazaar location last year. We have worked diligently with Food Bazaar’s buying team to optimize the SKU mix, delivery cadence and supply chain and believe they will be a great distribution partner for us. With this partnership, we are taking another major step to support our rapid expansion plans, as we simultaneously launch into the first 28 locations, with plans to add additional locations. We look forward to expanding our presence in the Northeast, with more than 12 million homes in the tri-state area alone.
ABOUT THE EDIBLE GARDEN®
Edible Garden AG Incorporated, is a leader in locally grown organic leafy greens and herbs, supported by Zero-Waste Inspired® next-generation agriculture. Offered in more than 4,000 stores across the United States, Edible Garden is disrupting CEA’s agriculture and sustainability technology movement with its safety in agriculture protocols, use of sustainable packaging, patented GreenThumb software and self-watering in-store displays. The company currently operates state-of-the-art greenhouses and processing facilities in Belvidere, New Jersey, and partners with growers located near major US markets. Its proprietary GreenThumb software optimizes cultivation in vertical and traditional greenhouses while seeking to reduce food-generating pollution. miles. Edible Garden is also an ingredient and protein developer, providing an accessible line of plant-based and whey protein powders under the Vitamin Way® and Vitamin Whey® brands.
This press release contains forward-looking statements, including with respect to the Company’s growth strategies, its ability to expand its distribution network and distribution relationships, and its performance as a public company. The words ‘believe’, ‘expect’, ‘intend’, ‘look ahead’, ‘goal’, ‘plan’, ‘seek’, ‘strategy’, ‘want’ 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 these forward-looking statements after the date hereof to conform to actual results or changes in expectations, except as required by law.
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