Edible Garden Deploys Grant Funded Technology from BRISEA; Recently Funded New Grant Received from NJ Economic Development Authority
November 17 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 a partnership with high-tech firm
BRISEA Group Inc, to deploy BRISEA’s nanobubble generator demo unit
at the Company’s Belvidere, New Jersey facility.
Mr. Jim Kras, Chief Executive Officer of Edible Garden,
commented, "We are pleased to partner with BRISEA Group Inc., a
leading provider of end-to-end prototyping services for
environmental applications including water, air, and solid waste
treatment, which was granted approval by the NJ Economic
Development Authority (NJEDA) for the Demo Project Grant as part of
the recently funded NJEDA CSIT Pilot Clean Tech Demonstration Grant
Program, for a two-year nanobubble generator demonstration and
evaluation, a major milestone in the study of nanobubble
technology. The deployment of the agricultural nanobubble generator
unit at our Belvidere, New Jersey facility aims to demonstrate both
the capabilities and the potential impact of the innovative
technology. Additionally, we are confident that this collaboration
will generate valuable data that can be effectively integrated with
our ongoing partnership involving NJIT, the USDA, and the EPA
examining the effects of nanobubble technology on the safety of
fresh produce and the enhancement of processing methods.”
Likun Hua, PhD., Director of Technology Validation &
Prototype Department at BRISEA Group, Inc. stated, “Edible
Garden's expertise will be invaluable in the next phase of
this project, and we are excited to work closely with them to make
the project a resounding success. We believe this collaboration
holds immense promise for revolutionizing green agriculture
practices, and we are eager to showcase the potential
benefits.”
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 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,
including with respect to the Company’s growth strategies, the
potential benefits of agricultural technology for the Company’s
business, and performance as a public company. The words “aim,”
“believe,” “could,” “expect,” “look forward,” “objective,” “plan,”
“potential,” “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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