Edible Garden Ag Incorporated · NASDAQ:EDBL
Edible Garden — Investor Presentation (June 2023)
22 slides from Edible Garden's investor presentation, June 2023
Slide 1: An eco-friendly product means less waste.
An eco-friendly product means less waste. SUSTAINABLE REDUCED CO2 FOOTPRINT RECYCLABLE Presentation June 2023 Edible Garden AG Inc.| www.ediblegardenag.com
Slide 2: Important Notices and Disclaimers
Important Notices and Disclaimers This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks, uncertainties and assumptions that are difficult to predict including with respect to the Company’s growth strategies
Slide 3: Investment Highlights
Investment Highlights Leader in locally grown organic produce, herbs and greens backed by state-of-the-art sustainable and Zero-Waste Inspired® CEA hydroponic farms Created innovative technology to leverage its indoor grow platform to deliver high-margin, branded products to existing and new superma
Slide 4: Industry Overview
Industry Overview Salinas Valley, California supplies 61% of all leaf lettuce and 56% of head lettuce in the United States. This concentration causes multiple issues. 1 Supply Chain & Environmental Issues Produce Industry Sales 2 This regional dependency contributes to long, $71.6B* complex distri
Slide 5: Edible Garden Overview
Edible Garden Overview Edible Garden is a leader in locally grown organic produce, herbs and greens backed by state-of-the-art sustainable and Zero-Waste Inspired® hydroponic farms. • The Company’s flagship facility, new Midwest facility, and contract growers are located in the Northeast and Midwest
Slide 6: Edible Garden is Available at Major Retailers
Edible Garden is Available at Major Retailers 7 Edible Garden AG Inc.| www.ediblegardenag.com
Slide 7: New Michigan Facility
- New Michigan Facility Edible Garden acquired “Heartland” in August 2022, and officially launched on April 17, 2023. This 5-acre facility has been retrofitted with proven grow technology and will also serve as an incubator for R&D and new CEA technologies. FACILITY CAPABILITIES: • 5 acres of grow s
Slide 8: Safety Secured. Innovations
SAFETY SECURED. Innovations Products are grown in environmentally controlled, advanced CEA greenhouses using a strict traceability process while delivering on our Zero-Waste Inspired® mission of transparency & sustainability. KEY 1 Bio-Based Sleeve 2 Hydro Basil 3 Self-Watering Display 4 Buttercrunc
Slide 9: Edible Garden “Fresh” Product Line
Edible Garden “Fresh” Product Line Edible Garden only provides fresh and organic produce options from sources they can trust. 100% Natural, USDA Certified Organic, and Non-GMO Project Verified Potted Herbs & Hydro Basil High volume & high margin organic potted herbs continue to drive brand awareness
Slide 10: Edible Garden “Fresh” Product Line (continued)
Edible Garden “Fresh” Product Line (continued) Edible Garden only provides fresh and organic produce options from sources they can trust. 100% Natural, USDA Certified Organic, and Non-GMO Project Verified Lettuces & Salads Unique local greenhouse-grown salads program launched at Meijer leveraging ad
Slide 11: Pulp – Launching in Whole Foods Locations in Summer 2023
Pulp – Launching in Whole Foods Locations in Summer 2023 Fermented sauces & chili oils located in the refrigerated section of supermarkets, typically adjacent to the produce section, allowing us to leverage Edible Garden’s distribution platform and brand recognition within this new and trending cate
Slide 12: Functional Proteins
Functional Proteins Edible Garden offers a line of advanced alternate & functional proteins to meet consumer lifestyle demands. Edible Garden AG Inc.| www.ediblegardenag.com
Slide 13: Micro Perforated Herb Bags
Micro Perforated Herb Bags • Use herb bags that have micro-perforations that allow ethylene gas to escape from the product packaging • Ethylene gas accelerates spoilage of herbs and lettuce. • Able to extend shelf life of the product by allowing this gas to escape • Cilantro is in good quality after
Slide 14: Case Study in Innovation
Case Study in Innovation Capitalizing on new ways to appeal to consumers’ desire for fresh, local, safe and sustainable foods are among the trends we are capturing. • Problem: Major Midwest retailer suffering from a lack of innovation in the herbs category combined with serious waste/shrinkage probl
Slide 15: GreenThumb – Supply Chain Efficiency
GreenThumb – Supply Chain Efficiency GreenThumb is a patented greenhouse management and demand planning system that helps EG track plants through their supply chain – driving efficiencies & profit; reducing waste. Integrates in real- Generates reports Provides dynamic Aggregates Provides a route Man
Slide 16: Committed to ESG Performance
Committed to ESG Performance Key Highlights Select UN Sustainable Development Goals Agricultural sector faces a number of environmental, social and governance (ESG) challenges including: Climate change, responsible land use and biodiversity, water stewardship and pollution, energy consumption, hea
Slide 17: Edible Garden: ESG By the Numbers
Edible Garden: ESG By the Numbers Giga Guru *Edible 18 Garden isAG Edible Garden a Giga Guru as part of its involvement with Walmart Project Gigaton. This chart reflects our contribution in 2022 Inc.| www.ediblegardenag.com calculated using the Walmart Gigaton Calculation Tool
Slide 18: Recent Events
Recent Events Introduced complete salad kits featuring our popular sustainable, locally grown, cut lettuce, and come with all the ingredients necessary to make a complete salad • Kits initially launched in Meijer retail locations across the Midwest Acquired the Pulp® line of all-natural, Non-GMO
Slide 19: Investment Summary & Strategy
Investment Summary & Strategy • Revenues increased 9.9% for the year ended December 31, 2022 • Q1 2023 gross profit increased despite a slight decline in sales, as the company reallocated resources to more profitable customer and partner relationships, as well as several large orders that shifted to
Slide 20: Consolidated Balance Sheet
Consolidated Balance Sheet 000's ($) As of March 31, As of December 31, As of December 31, As of December 31, Balance Sheet 2023 2022 2021 2020 (unaudited) (Audited) (Audited) (Audited) Total Cash $ 3,948 $ 110 $ 31 $ 5 Total Current Assets 6,019 1,753 1,160 1,065 Property and equipment, net 5,069 4
Slide 21: Management Team
Management Team Our customer focused, execution driven management team brings multiple years of corporate and finance experience Jim Kras Mike James Scott Prendergrast CEO & Board Member CFO & Board Member Chief Data Officer Jim’s leadership in sustainability, eco-friendly products Mike has served a
Slide 22: Thank You!
Thank You! Edible Garden AG Inc.| www.ediblegardenag.com