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Edible Garden USDA Organic Herb Product Line Now Available at Superfresh, City Supermarket and Fine Fare Supermarkets Locations

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Edible Garden AG Incorporated (Nasdaq: EDBL) has announced that its USDA Organic herb product line is now available at Superfresh, City Supermarket, and Fine Fare Supermarkets locations in New Jersey. This expansion strengthens Edible Garden's presence in the Northeast distribution network. The company will work closely with each retailer to offer a customized assortment of SKUs tailored to their customers' needs.

CEO Jim Kras emphasized the company's commitment to providing reliable service and fresh, high-quality products. This partnership aligns with Edible Garden's Zero-Waste Inspired® mission, as it aims to maximize efficiency and reduce its carbon footprint by leveraging existing relationships in the Northeast.

Edible Garden AG Incorporated (Nasdaq: EDBL) ha annunciato che la sua linea di prodotti a base di erbe biologiche USDA è ora disponibile presso i punti vendita di Superfresh, City Supermarket e Fine Fare Supermarkets nel New Jersey. Questa espansione rafforza la presenza di Edible Garden nella rete di distribuzione del Nordest. L'azienda collaborerà a stretto contatto con ogni rivenditore per offrire un assortimento personalizzato di SKU adattato alle esigenze dei loro clienti.

Il CEO Jim Kras ha sottolineato l'impegno dell'azienda a fornire un servizio affidabile e prodotti freschi di alta qualità. Questa partnership è in linea con la missione Zero-Waste Inspired® di Edible Garden, che mira a massimizzare l'efficienza e ridurre la propria impronta di carbonio sfruttando le relazioni esistenti nel Nordest.

Edible Garden AG Incorporated (Nasdaq: EDBL) ha anunciado que su línea de productos de hierbas orgánicas USDA ya está disponible en las ubicaciones de Superfresh, City Supermarket y Fine Fare Supermarkets en Nueva Jersey. Esta expansión fortalece la presencia de Edible Garden en la red de distribución del Noreste. La compañía trabajará en estrecha colaboración con cada minorista para ofrecer un asortimento personalizado de SKU adaptado a las necesidades de sus clientes.

El CEO Jim Kras enfatizó el compromiso de la compañía de proporcionar un servicio confiable y productos frescos de alta calidad. Esta asociación se alinea con la misión Zero-Waste Inspired® de Edible Garden, ya que busca maximizar la eficiencia y reducir su huella de carbono aprovechando las relaciones existentes en el Noreste.

Edible Garden AG Incorporated (Nasdaq: EDBL)는 그들의 USDA 유기농 허브 제품 라인이 뉴저지의 Superfresh, City Supermarket 및 Fine Fare Supermarkets 위치에서 이제 사용할 수 있다고 발표했습니다. 이 확장은 Edible Garden의 북동부 유통 네트워크 내 존재감을 강화합니다. 회사는 각 소매점과 긴밀히 협력하여 고객의 요구에 맞춘 맞춤 SKU assortments을 제공할 예정입니다.

CEO Jim Kras는 회사의 신뢰할 수 있는 서비스와 신선하고 품질 높은 제품을 제공하겠다는 의지를 강조했습니다. 이 파트너십은 Edible Garden의 Zero-Waste Inspired® 미션과 일치하며, 북동부에 있는 기존 관계를 활용하여 효율성을 극대화하고 탄소 발자국을 줄이는 것을 목표로 합니다.

Edible Garden AG Incorporated (Nasdaq: EDBL) a annoncé que sa gamme de produits d'herbes biologiques USDA est désormais disponible dans les magasins Superfresh, City Supermarket et Fine Fare Supermarkets dans le New Jersey. Cette expansion renforce la présence d'Edible Garden dans le réseau de distribution du Nord-Est. L'entreprise travaillera en étroite collaboration avec chaque détaillant pour offrir un assortiment personnalisé de SKU adapté aux besoins de leurs clients.

Le PDG Jim Kras a souligné l'engagement de l'entreprise à fournir un service fiable et des produits frais de haute qualité. Ce partenariat s'aligne sur la mission Zero-Waste Inspired® d'Edible Garden, qui vise à maximiser l'efficacité et à réduire son empreinte carbone en tirant parti des relations existantes dans le Nord-Est.

Edible Garden AG Incorporated (Nasdaq: EDBL) hat bekannt gegeben, dass ihre USDA-zertifizierte Bio-Kräuterproduktlinie nun in den Filialen von Superfresh, City Supermarket und Fine Fare Supermarkets in New Jersey erhältlich ist. Diese Expansion stärkt die Präsenz von Edible Garden im Nordost-Vertriebsnetz. Das Unternehmen wird eng mit jedem Einzelhändler zusammenarbeiten, um ein maßgeschneidertes Sortiment an SKUs anzubieten, das auf die Bedürfnisse ihrer Kunden abgestimmt ist.

CEO Jim Kras betonte das Engagement des Unternehmens für zuverlässigen Service und frische, qualitativ hochwertige Produkte. Diese Partnerschaft steht im Einklang mit der Zero-Waste Inspired®-Mission von Edible Garden, da sie darauf abzielt, die Effizienz zu maximieren und ihren Kohlenstoff-Fußabdruck durch die Nutzung bestehender Beziehungen im Nordosten zu reduzieren.

Positive
  • Expansion of distribution network in the Northeast
  • Partnership with three established supermarket chains in New Jersey
  • Customization of product offerings to meet specific customer needs
  • Alignment with company's Zero-Waste Inspired® mission
Negative
  • None.

Insights

The expansion of Edible Garden's USDA Organic herb product line into new supermarket chains represents a strategic move to increase market penetration in the Northeast. This development could potentially boost revenue and brand visibility for the company. However, the impact on EDBL's stock may be in the short term, as the announcement doesn't provide specific financial projections or the scale of the distribution agreement.

The partnership with diverse supermarket chains like Superfresh, City Supermarket and Fine Fare demonstrates Edible Garden's ability to cater to varied consumer demographics, which could lead to increased market share. The company's focus on customization and sustainability aligns well with current consumer trends, potentially enhancing its competitive edge in the organic produce sector.

Investors should monitor how this expansion translates into tangible financial results in upcoming quarters to gauge its true impact on the company's growth trajectory and stock performance.

Edible Garden's expansion strategy aligns well with the growing consumer demand for locally sourced, organic produce. The company's Zero-Waste Inspired® mission and focus on reducing carbon footprint through efficient distribution are commendable sustainability initiatives that could resonate with environmentally conscious consumers and investors.

The partnership with diverse supermarket chains allows Edible Garden to maximize its impact on sustainable food systems across various communities. By offering customized SKUs, the company demonstrates adaptability to local needs while maintaining its commitment to sustainability.

However, to fully assess the environmental impact, more data on actual waste reduction and carbon savings would be necessary. Investors interested in ESG factors should look for future reports quantifying these sustainability efforts and their impact on the company's bottom line.

BELVIDERE, NJ, Sept. 04, 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 its USDA Organic herb product line is now available at Superfresh, City Supermarket and Fine Fare Supermarkets locations in New Jersey.

Superfresh, City Supermarket, and Fine Fare Supermarkets each offer a distinct shopping experience tailored to their communities. Superfresh is known for high-quality, locally sourced products, including fresh produce, meats, and specialty items, all at competitive prices. City Supermarket stands out with its extensive selection of international and ethnic foods, catering to diverse, multicultural customers, while Fine Fare focuses on serving diverse communities, offering a rich variety of Caribbean, Latin American, African, and Asian foods, alongside fresh produce and quality meats. All three supermarkets are valued for their commitment to quality, variety, and community needs.

Jim Kras, CEO of Edible Garden, stated, “We are thrilled to announce that Superfresh, City Supermarket, and Fine Fare Supermarkets in New Jersey will now feature our locally grown, sustainable herbs. Adding these retailers to our Northeast distribution network further strengthens our presence in the region, and we are excited to provide them with the reliable service and fresh, high-quality products that Edible Garden is known for. These supermarkets exemplify a strong commitment to quality, diversity, and community, making them standout choices for shoppers across New Jersey, and ideal partners for Edible Garden.”

“As we introduce our herbs at these locations, we will work closely with each retailer to offer a customized assortment of SKUs that meet the specific needs of their customers. We are pleased to deliver this degree of freshness and customization to these retailers and the communities they serve and are eager to expand our reach to additional partners in the near future. Furthermore, by continuing to leverage our existing relationships in the Northeast, we also aim to maximize efficiency and reduce our carbon footprint, perfectly aligning with our Zero-Waste Inspired® mission.”

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 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 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

Where are Edible Garden's USDA Organic herbs now available in New Jersey?

Edible Garden's USDA Organic herbs are now available at Superfresh, City Supermarket, and Fine Fare Supermarkets locations in New Jersey.

How will Edible Garden (EDBL) customize its product offerings for these new retailers?

Edible Garden will work closely with each retailer to offer a customized assortment of SKUs that meet the specific needs of their customers.

What is Edible Garden's (EDBL) strategy for expanding in the Northeast?

Edible Garden is leveraging its existing relationships in the Northeast to maximize efficiency, reduce its carbon footprint, and expand its distribution network.

How does this expansion align with Edible Garden's (EDBL) mission?

The expansion aligns with Edible Garden's Zero-Waste Inspired® mission by maximizing efficiency and reducing the company's carbon footprint through strategic partnerships.

Edible Garden AG Incorporated

NASDAQ:EDBL

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