Edible Garden Begins Shipping Spring Ornamentals and Florals For Sale at Major Big Box Retailers

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[{"type":"text","content":"Higher Margin Ornamental and Floral Shipments Expected to Positively Impact Company's Overall Margins\nBELVIDERE, NJ, April 09, 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 it has begun shipping spring ornamentals, grown in its Edible Garden Heartland facility in Grand Rapids, Michigan. The lineup of spring ornamentals includes hanging baskets and accent greens. Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “We are delighted to have begun shipping spring ornamentals from our Edible Garden Heartland facility to major big box retailers as we lead up to Mother’s Day, one of the biggest days of the year in the floral industry. Implementing proprietary technologies, including the patented GreenThumb greenhouse management system that increases our supply chain's efficiency, along with our adoption of cutting-edge growing methods, has been instrumental in the Company expanding the ornamental and floral business from this facility. We expect that the expansion of this segment of our business will have a positive impact on the Company’s overall margins as ornamentals and florals are typically higher-margin products than some of the other products we produce.” 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 (...

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