Edible Garden Receives Notice of Allowance for US Patent for its Self-Watering Display; Underscores AgTech Leader’s Dedication to Sustainability
21 Agosto 2023 - 9:00AM
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 it has received a Notice of Allowance
from the U.S. Patent and Trademark Office (USPTO) for its patent
application for the Company’s proprietary Self-Watering Display,
which is designed to provide an enhanced in-store plant display
experience.
Mr. Jim Kras, Chief Executive Officer of Edible
Garden, commented, "Receiving this patent is a testament to our
innovative capabilities. It also provides protection for our
proprietary Self-Watering Display, which has already shown its
value in extending shelf life, ensuring maximum freshness, and
significantly reducing spoilage at retail locations. By integrating
this state-of-the-art technology, retailers can confidently present
their plants in optimal freshness, leading to reduced shrink and
ultimately, a better product for consumers.”
“The self-watering display was first introduced
at Meijer locations chain-wide. Due to its noteworthy success at
Meijer, the way has been paved for a nationwide rollout with
additional retail partners across our distribution network now
actively incorporating the self-watering display into their stores.
We are committed to leading the way in sustainable and efficient
in-store plant presentation, ensuring that consumers across the
country can experience the freshest, most vibrant plants on the
market,” concluded Mr. Kras.
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 4,000 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 No’s.: US 11,158,006 B1 and
US 11,410,249 B2) software optimizes growing in vertical and
traditional greenhouses while seeking to reduce
pollution-generating food miles. 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 Edible Garden go to
https://ediblegardenag.com/.
Forward-Looking Statements
This press release 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, the success of implementing the
GreenThumb 2.0 software, the Company’s ability to reduce its costs
while meeting the needs of its customers, and performance as a
public company. The words “believe,” “expect,” “aims,” “may,”
“opportunity,” “potential,” “seeking,” “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, the Company’s ability to achieve its growth objectives,
and other factors set forth in the Company’s filings with the
Securities and Exchange Act Commission, including the Company’s
annual report on Form 10-K for the year ended December 31, 2022.
Actual results might differ materially from those explicit or
implicit in the forward-looking statements. You should not rely
upon forward-looking statements as predictions of future events.
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
- Edible Garden’s proprietary Self-Watering Display
Edible Garden (NASDAQ:EDBLW)
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