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US (NJ): Edible Gardens completes phase 2 of packhouse at Belvidere facility

Edible Garden has completed phase 2 of the packhouse buildout at the Edible Garden greenhouse facility in Belvidere, NJ.

Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, "I am pleased to report that Edible Garden has successfully completed the second phase of our packhouse buildout at our flagship greenhouse facility located in Belvidere, New Jersey. With the introduction of new processing and cross-docking facilities, when fully realized, we are poised to optimize our efficiency and capabilities, enabling the Company to better serve the more than 5,000 retail outlets in our extensive distribution network. The successful completion of phase 2 aligns with our Zero-Waste Inspired® mission, ensuring the efficient delivery of fresh, sustainable produce."

"In this phase, we have made significant strides by integrating state-of-the-art technologies. Among these innovations is our patented GreenThumb system, a sophisticated cloud-based platform designed to manage greenhouse operations and streamline demand planning. This system is pivotal in enhancing our operational efficiency and is expected to substantially increase the production capabilities of the facility, and we believe, increase the Company's gross profit margins in the future. The final phase of construction will include integrated refrigeration, warehousing and corporate offices."

For more information:
Edible Garden
283 County Road 519
Belvidere, NJ 07823
Tel.: (844) 344-3727
www.ediblegarden.com

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