Edible Garden Implements Proprietary "Shrink Savings" Solutions Focused on Packaging and Shipping to Support Basil Product Offering

Core Insights - Edible Garden AG Incorporated has announced proprietary "shrink savings" innovations aimed at reducing spoilage of its basil products, which is the largest product in its portfolio [1][3] Group 1: Innovations and Impact - The new innovations are expected to significantly prolong the shelf life of basil products, thereby reducing spoilage and driving cost savings for retail partners [4] - These innovations are seen as a competitive differentiator and are aligned with the company's Zero-Waste Inspired® mission, allowing retailers to showcase plants at their peak [4][5] - The innovations will be introduced at the company's annual sales meeting on June 20, 2024 [4] Group 2: Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA) and offers locally grown, organic, and sustainable produce, available in over 5,000 stores across the U.S. [5] - The company operates state-of-the-art greenhouses and processing facilities in New Jersey and Michigan, and has a network of contract growers near major U.S. markets [5] - Edible Garden utilizes patented technologies such as GreenThumb software and self-watering displays to optimize growing and reduce waste [5]