Artisanal Chicken Caesar and
Memphis Style BBQ Chicken Salad Kits to be available
at select grocery stores beginning in June
HAMILTON, Mont., May 31, 2023
/PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS)
("Local Bounti" or the "Company"), a breakthrough U.S. indoor
agriculture company, announced today the expansion of its Grab
& Go Salad Kit line to include premium, antibiotic-free white
meat chicken in two new recipes, marking a category innovation for
the controlled environment agriculture industry. Beginning in June,
consumers in the Pacific Northwest will be able to find Local
Bounti's Artisanal Chicken Caesar and Memphis Style BBQ
Chicken Salad Kits in the produce department of select local
grocery stores.
Driven by its mission to "Nourish Humankind and Protect the
Planet," Local Bounti is leveraging its innovative indoor growing
facilities and Stack & Flow Technology™ to offer fresher,
high-quality, and sustainable produce year-round. Local Bounti's
Grab & Go Salad Kit line features chef-inspired salads that are
ready to eat, providing consumers with a convenient, healthy, and
delicious meal option.
"Our Grab & Go Salad Kit line has been well received by
consumers, and we are thrilled to be expanding the line with the
addition of two new varieties that feature premium, antibiotic-free
white meat chicken," said Local Bounti President, Brian Cook. "We doubled down on the incredible
consumer demand for our existing Grab & Go Salad Kits by
combining the same state-of-the-art growing techniques with
chef-inspired flavors to offer two brand new and innovative
products. We believe our Artisanal Chicken Caesar and
Memphis Style BBQ Chicken Salad Kits will be a hit with
consumers who are looking for fresh and convenient meal options
that are also a good source of protein."
New Artisanal Chicken Caesar Salad
Local Bounti's Northwest, greenhouse grown Romaine salad
features tender, antibiotic-free white meat chicken, parmesan
cheese, and savory croutons and is topped with our creamy
Romano Caesar dressing. A fresh
squeeze of lemon adds the perfect amount of zest. This classic
salad not only makes a quick and tasty lunch, but is also a good
source of protein (19g per kit).
New Memphis Style BBQ Chicken Salad
Local Bounti's Northwest, greenhouse grown Romaine Crisp is loaded with tasty honey hickory
seasoned antibiotic-free white meat chicken, a fresh and flavorful
corn and black bean salsa, tangy pickled red onions and crispy
fried onions. Delicious Pepperjack cheese and Local Bounti's own
special BBQ Ranch dressing are sure to deliver a satisfying and
smoky taste in every bite and are a good source of protein (15g per
kit).
Local Bounti's Artisanal Chicken Caesar and Memphis
Style BBQ Chicken Salad Kits will be available at select
grocery stores in the Pacific Northwest beginning in June, with
plans for further expansion of the line in the coming months. For
more information on Local Bounti and its products, visit
localbounti.com.
About Local Bounti
Local Bounti is redefining indoor
farming with an innovative method – its proprietary Stack &
Flow Technology™ – that significantly improves crop turns,
increases output and improves unit economics. Local Bounti operates
advanced indoor growing facilities across the United States, servicing over 10,000
retail doors with its two brands: Local Bounti® and Pete's®. Local
Bounti grows healthy food utilizing a hybrid approach that
integrates the best attributes of controlled environment
agriculture with natural elements. Local Bounti's sustainable
growing methods are better for the planet, using 90% less land and
90% less water than conventional farming methods. With a mission to
'bring our farm to your kitchen in the fewest food miles possible,'
Local Bounti's food is fresher, more nutritious, and lasts longer
than traditional agriculture. To find out more, visit
localbounti.com or follow Local Bounti on LinkedIn for the latest
news and developments.
Media Contact
press@localbounti.com
Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. In some cases,
you can identify these forward-looking statements by the use of
terms such as "expect," "anticipate," "believe," "continue,"
"estimate," "intend," "may," "plan," "project," "seek," "should,"
"target," "will," or similar expressions, and variations or
negatives of these words, but the absence of these words does not
mean that a statement is not forward-looking. All statements other
than statements of historical fact are statements that could be
deemed forward-looking statements: including, but not limited to:
statements regarding product expansion. These forward-looking
statements are subject to known and unknown risks, uncertainties
and other factors that may cause our actual results, levels of
activity, performance, or achievements to differ materially from
results expressed or implied in this press release. The following
factors, among others, could cause actual results to differ
materially from those described in these forward-looking
statements: Local Bounti's ability to generate significant revenue;
the risk that Local Bounti may never achieve or sustain
profitability; the risk that Local Bounti could fail to effectively
manage its future growth; the risk that Local Bounti will fail to
obtain additional necessary capital when needed on acceptable terms
or at all; Local Bounti's ability to complete the build out of its
current or additional facilities in the future; Local Bounti's
reliance on third parties for construction, the risk of delays
relating to material delivery and supply chains, and fluctuating
material prices; Local Bounti's ability to scale its operations and
decrease its cost of goods sold over time; the potential for damage
to or problems with Local Bounti's CEA facilities; the impact that
current or future acquisitions, investments or expansions of scope
of existing relationships have on Local Bounti's business,
financial condition, and results of operations; unknown liabilities
that may be assumed in acquisitions; restrictions contained in
Local Bounti's debt facility agreements with Cargill Financial
Services International, Inc.; Local Bounti's ability to attract and
retain qualified employees; Local Bounti's ability to develop and
maintain its brand or brands; Local Bounti's ability to achieve its
sustainability goals; Local Bounti's ability to maintain its
company culture or focus on its vision as it grows; Local Bounti's
ability to execute on its growth strategy; the risk of diseases and
pests destroying crops; Local Bounti's ability to compete
successfully in the highly competitive natural food market; Local
Bounti's ability to defend itself against intellectual property
infringement claims; Local Bounti's ability to effectively
integrate the acquired operations of any CEA or similar operations
which it acquires into its existing operations; changes in consumer
preferences, perception, and spending habits in the food industry;
the risk that seasonality may adversely impact Local Bounti's
results of operations; Local Bounti's ability to repay, refinance,
restructure, or extend its indebtedness as it comes due; Local
Bounti's ability to comply with the continued listing requirements
of the New York Stock Exchange; and other risks and uncertainties
indicated from time to time, including those under "Risk Factors"
and "Forward-Looking Statements" in Local Bounti's Annual Report on
Form 10-K for the year ended December 31,
2022, filed with the SEC on March 31,
2023, as supplemented by other reports and documents Local
Bounti files from time to time with the SEC. Local Bounti cautions
that the foregoing list of factors is not exclusive and cautions
readers not to place undue reliance upon any forward-looking
statements, which speak only as of the date hereof. Local Bounti
does not undertake or accept any obligation or undertaking to
update or revise any forward-looking statements to reflect any
change in its expectations or any change in events, conditions, or
circumstances on which any such statement is based.
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SOURCE Local Bounti