BELVIDERE, NJ, Dec. 10, 2024 (GLOBE NEWSWIRE) — Edible Backyard AG Included (“Edible Backyard” or the “Firm”) (Nasdaq: EDBL, EDBLW), a frontrunner in managed surroundings agriculture (CEA), domestically grown, natural, sustainable produce and merchandise, as we speak introduced that it has expanded distribution of its USDA Natural herb product line to incorporate extra Key Meals, Metropolis Grocery store and Lincoln Market places.
“We’re happy to deepen our relationship with Key Meals, Metropolis Grocery store, and Lincoln Market to make our USDA Natural herb line obtainable in much more places throughout the New York Metropolitan Space,” mentioned Jim Kras, CEO of Edible Backyard. “As ‘The Taste Maker, Edible Backyard®’, our mission is to ship the freshest and most flavorful herbs to our retail companions. This growth permits much more shoppers and communities to expertise greater than a dozen domestically grown USDA Natural herbs, together with favorites like basil, cilantro, and parsley—all cultivated with a steadfast dedication to high quality and sustainability. We’re additionally proud to assist the grand opening of Lincoln Market’s new retailer, reinforcing our dedication to native companies and the financial vitality of the communities we serve.”
“The purpose throughout our distribution community is to make it simpler for health-conscious shoppers to raise their culinary experiences with components that not solely ship distinctive taste but additionally promote a wholesome way of life and environmentally sustainable farming practices. This dedication is mirrored in our third-quarter results, with our core enterprise reaching sturdy development and performing stronger than ever. Gross sales of minimize herbs for the primary 9 months of 2024 grew by 55% in comparison with the identical interval in 2023, highlighting the success of our method. By offering retailers with a various number of recent, health-focused merchandise, Edible Backyard continues to satisfy the evolving preferences of shoppers whereas supporting sustainable, domestically pushed farming initiatives.”
ABOUT EDIBLE GARDEN®
Edible Backyard AG Included is a frontrunner in managed surroundings agriculture (CEA), domestically grown, natural, and sustainable produce and merchandise backed by Zero-Waste Impressed® subsequent era farming. Provided at over 5,000 shops within the US, Edible Backyard is disrupting the CEA and sustainability know-how motion with its safety-in-farming protocols, use of sustainable packaging, patented GreenThumb software program and self-watering in-store shows. The Firm at the moment operates its personal state-of-the-art greenhouses and processing amenities in Belvidere, New Jersey and Grand Rapids, Michigan, and has a community of contract growers, all strategically positioned close to main markets within 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 program optimizes rising in vertical and conventional greenhouses whereas looking for to cut back pollution-generating meals miles. Its proprietary patented (U.S. Patent No. D1,010,365) Self-watering show is designed to extend plant shelf life and supply an enhanced in-store plant show expertise. Edible Backyard can be a developer of components and proteins, offering an accessible line of plant and whey protein powders below the Vitamin Method® and Vitamin Whey® manufacturers. As well as, the Firm’s Kick Sports activities Vitamin line options premium efficiency merchandise that cater to as we speak’s health-conscious athletes. Moreover, Edible Backyard gives a line of sustainable meals flavoring merchandise reminiscent of Pulp connoisseur sauces and chili-based merchandise. For extra data on Pulp merchandise go to https://www.pulpflavors.com/. For extra data on Vitamin Whey® merchandise go to https://vitaminwhey.com/. For extra data on Edible Backyard go to https://ediblegardenag.com/.
Ahead Trying Statements
This press launch comprises forward-looking statements, together with with respect to the Firm’s development methods, the Firm’s skill to enhance its monetary outcomes, and efficiency as a public firm. The phrases “consider,” “design,” “count on,” “intend,” “goal,” “search,” “technique,” “will,” and comparable expressions are supposed to determine forward-looking statements. These forward-looking statements are topic to various dangers, uncertainties, and assumptions, together with market and different situations, the Firm’s skill to realize its development aims, and different components set forth within the Firm’s filings with the Securities and Alternate Act Fee, together with the Firm’s annual report on Type 10-Ok for the 12 months ended December 31, 2023 and subsequent quarterly studies. Precise outcomes may differ materially from these specific or implicit within the forward-looking statements. The Firm undertakes no obligation to replace any such forward-looking statements after the date hereof to evolve to precise outcomes or modifications in expectations, besides as required by legislation.
Investor Contacts:
Crescendo Communications, LLC
212-671-1020
EDBL@crescendo-ir.com
