Edible Garden Transitions Business to Edible Garden Heartland on Schedule; Increased Efficiency and Owned Facility Expected to Positively Impact Margins

April 3, 2024

https://www.globenewswire.com/news-release/2024/04/03/2857008/0/en/Edible-Garden-Transitions-Business-to-Edible-Garden-Heartland-on-Schedule-Increased-Efficiency-and-Owned-Facility-Expected-to-Positively-Impact-Margins.html

BELVIDERE, NJ, April 03, 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 and sustainable produce and products, today announced a new initiative aimed at vertical integration of its Edible Garden Heartland facility in Grand Rapids, Michigan, allowing the Company to shift production of its potted herbs from contract-growers to in-house production which is expected to enhance the Company’s margins. 

Read more at globenewswire.com

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