Edible Garden Available at Tops Friendly Markets; Expands Company’s Distribution Network in New York, Pennsylvania, and Vermont
October 30 2023 - 6:00AM
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 Tops Friendly Markets, a
subsidiary of Northeast Grocery, will begin carrying Edible
Garden’s products in all of their locations across New York,
Pennsylvania and Vermont.
Mr. Jim Kras, Chief Executive Officer of Edible Garden, stated,
"We are pleased to announce that Tops Friendly Markets will now
feature our sustainable herbs throughout their 149 retail locations
in New York, Pennsylvania, and Vermont. Their addition to our
already robust distribution network enhances the Company’s presence
in the Northeastern United States. Our track record, marked by
exceptional order fulfillment rates surpassing industry standards,
underscores our commitment to unparalleled service for our
distribution partners and their more than 5,000 retail outlets
across the United States. We trust that Tops Friendly Markets will
recognize Edible Garden as a go-to, dependable source of produce,
and our objective is to expand our offering over time. By
leveraging our existing retail relationships in the Northeast, we
also aim to maximize efficiency and minimize our carbon footprint
which aligns perfectly with our Zero-Waste Inspired® mission. We
look forward to enjoying a long relationship with Tops Friendly
Markets, providing them with the reliable service and high-quality
products that their customers can count on.”
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 StatementsThis
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 “aim,” “believe,” “look
forward,” “objective,” “plan,” “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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