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Edible Garden Introduces Customer Service Platform to Enhance its Patented Green Thumb 2.0 Greenhouse Management System

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EDBLEDBLW
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Driving Sustainability Through Streamlined Greenhouse-to-Grocer Operations; Aligning Technology with...

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AI Summary

Edible Garden launched a customer service platform enhancing retail efficiency. The platform integrates with Green Thumb 2.0 for improved operations. It aims for sustainability and quicker delivery of fresh produce. CEO emphasizes commitment to innovation and customer relationships. Edible Garden's market strategy targets over 5,000 U.S. stores.

Sentiment Rationale

The innovative platform can improve retail partners' efficiency and customer satisfaction, potentially increasing sales. Similar past initiatives have positively influenced stock performance in technology-driven retail sectors.

Trading Thesis

Successful implementation of the platform may lead to sustainable growth over time, reflecting in stock prices. Historical trends show tech innovations lead to long-term gains for companies in similar fields.

Market-Moving

  • Edible Garden launched a customer service platform enhancing retail efficiency.
  • The platform integrates with Green Thumb 2.0 for improved operations.
  • It aims for sustainability and quicker delivery of fresh produce.

Key Facts

  • Edible Garden launched a customer service platform enhancing retail efficiency.
  • The platform integrates with Green Thumb 2.0 for improved operations.
  • It aims for sustainability and quicker delivery of fresh produce.
  • CEO emphasizes commitment to innovation and customer relationships.
  • Edible Garden's market strategy targets over 5,000 U.S. stores.

Companies Mentioned

  • EDBL (EDBL)
  • EDBLW (EDBLW)

Corporate Developments

The article details a strategic development that aligns with Edible Garden’s growth and sustainability mission, likely impacting investor perception positively.

BELVIDERE, NJ, Jan. 10, 2025 (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 the launch of an innovative customer service platform designed to complement its patented Green Thumb 2.0 greenhouse management system. This new platform provides 24/7 direct access for customers and is tailored to meet the needs of small to medium-sized retailers, enhancing operational efficiency, scalability, and the overall customer experience. The customer service platform simplifies preorder and standing order management while enhancing delivery routing for greater efficiency. Fully integrated with the Green Thumb 2.0 system, this innovation supports Edible Garden’s Zero-Waste Inspired® mission and its commitment to delivering greenhouse-to-grocer products within 24 hours, ensuring fresher produce and a more sustainable supply chain. “This platform exemplifies our steadfast dedication to innovation and sustainability,” said Jim Kras, Chief Executive Officer of Edible Garden. “By providing our retail partners with an intuitive and scalable tool that streamlines operations and enhances efficiency, we are ensuring they can deliver the freshest, highest-quality products to their consumers. This initiative marks a significant step forward in our mission to reduce waste, promote sustainability, and create meaningful value for our partners and the communities we serve, further solidifying Edible Garden’s leadership in sustainable agriculture and innovation.” Maria Fraguada, Sales and Customer Services Manager at Edible Garden, stated, "By actively listening to our customers and understanding their challenges, we have developed a solution specifically tailored to their needs. This platform reflects our commitment to building strong relationships, providing exceptional customer service, and empowering our customers to thrive in their operations." 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 (U.S. Patent No. D1,010,365) Self-watering display is designed to increase plant shelf life and provide an enhanced in-store plant display experience. 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’s Kick Sports Nutrition line features premium performance products that cater to today’s health-conscious athletes. Furthermore, Edible Garden offers a line of sustainable food flavoring products such as Pulp gourmet sauces and chili-based products. For more information on Pulp products go to https://www.pulpflavors.com/. For more information on Vitamin Whey® products go to https://vitaminwhey.com/. For more information on Edible Garden go to https://ediblegardenag.com/. Forward-Looking Statements This press release contains forward-looking statements, including with respect to the Company’s growth strategies, ability to expand its distribution network and distribution relationships, and performance as a public company. The words “believe,” “expect,” “intend,” “look forward,” “objective,” “plan,” “seek,” “strategy,” “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 and the Company’s ability to achieve its growth objectives. 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

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