Edible Garden Transitions Business to Edible Garden Heartland on Schedule; Increased Efficiency and Owned Facility Expected to Positively Impact Margins
Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “As a result of our vertical integration initiative, I am pleased to announce we are now shipping the USDA Organic potted herbs produced at our Edible Garden Heartland facility to major distribution partners in the Midwest.
- Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “As a result of our vertical integration initiative, I am pleased to announce we are now shipping the USDA Organic potted herbs produced at our Edible Garden Heartland facility to major distribution partners in the Midwest.
- This marks a significant expansion of our Midwest production capabilities and is expected to enhance our margins by reducing production costs.
- In addition, we have recently completed the installation of several high-speed packing lines at the facility, allowing the facility to operate at increased capacity.
- Having Edible Garden Heartland operate at a higher capacity enables us to shift from contract growers to in-house production, starting with potted herbs.