Edible Garden Partners with the University of Rhode Island on Sustainability Research in the Controlled Environment Agriculture (CEA) Greenhouse Sector
22 Agosto 2024 - 3:00PM
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 a new partnership
with the University of Rhode Island as part of a graduate research
project focused on sustainability in the CEA greenhouse sector.
This collaboration will involve Edible Garden opening its
production facility to University researchers, who will evaluate
the company's current sustainability initiatives.
“We are proud to partner with the University of Rhode Island on
this important initiative,” said Jim Kras, CEO of Edible Garden.
“This collaboration represents a significant step forward in our
mission to continuously improve our sustainability practices. By
participating in this comprehensive assessment, we are not only
benchmarking our efforts against industry standards but also
gaining valuable insights that will help us set clear, actionable
goals to elevate our sustainability initiatives. Additionally,
beyond enhancing our internal operations, we see this project as an
opportunity to contribute to the broader conversation about the
environmental impact of the greenhouse CEA industry. As stewards of
the planet, it is essential that we share our findings to drive
positive change within the industry.”
Jan-Tia Kern, Head of Food Safety and Quality
Assurance at Edible Garden, added, “We are particularly excited
about the potential to develop educational tools based on this
research that can inspire and educate the next generation on the
critical role sustainable agriculture plays in ensuring a healthier
future for both people and the planet. As the project progresses,
the Company remains committed to transparency and collaboration,
sharing both successes and learnings to help drive the industry
toward more sustainable practices.”
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 Pulp products go to
https://vitaminwhey.com/. For more information on Vitamin Whey
products go to https://www.pulpflavors.com/. 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, ability to expand its distribution network and
distribution relationships, and performance as a public company.
The words “believe,” “expect,” “intend,” “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, LLC212-671-1020EDBL@crescendo-ir.com
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