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Edible Garden Expands Distribution with UNFI
Edible Garden (EDBL) announced the expansion of its distribution capabilities through United Natural Foods' (UNFI) Mid-Atlantic distribution center, enabling broader availability of its fresh-cut and potted herbs across more than 1,500 retail stores. Under the expanded arrangement, Edible Garden will serve as the primary supplier of fresh-cut and potted herbs at UNFI's Mid-Atlantic distribution center.
Edible Garden Secures Fresh Herb Program with Walmart
Edible Garden (EDBL) announced that it has been awarded a new fresh herb program with Walmart (WMT) for the upcoming Thanksgiving through New Year holiday season. The new holiday program represents incremental business in addition to Edible Garden's significant existing Walmart distribution and three recently awarded Walmart distribution centers. Edible Garden is working closely with Walmart on the holiday program across product assortment, production planning, packaging, merchandising, logistics, and replenishment, and preparations for the season are already underway. Edible Garden plans to leverage its vertically integrated production facilities, strategically located contract grower network, advanced demand-planning capabilities, and proprietary GreenThumb 2.0 technology.
Edible Garden Acquires Iowa Real Estate
Edible Garden announced that it has entered into a Real Estate Purchase Contract to acquire the Webster City, Iowa property that is being developed as the Company's Prairie Hills ready-to-drink, RTD, manufacturing facility. Under the agreement, Edible Garden will acquire the property from Iowa Shrimp Holdings, LLC which includes the real estate, buildings, and improvements, as well as specified equipment, fixtures and other property associated with the site. Upon completion, the acquisition would transition Edible Garden from tenant to owner of the Prairie Hills property.
Edible Garden Awarded Third Distribution Center by Walmart
Edible Garden (EDBL) announced that Walmart (WMT) has awarded the Company a third distribution center for its fresh herb products. The latest award builds on two previously announced distribution center wins and is expected to broaden the availability of Edible Garden products across additional Walmart stores in the Eastern Midwest.
Edible Garden Awarded Fresh-Cut Herb Business with Walmart
Edible Garden (EDBL) announced that it has been awarded fresh-cut herb business through an additional Walmart (WMT) distribution center serving the Upper Midwest. The award builds upon the Company's recently announced expansion with Walmart in the Mid-Atlantic region and extends Edible Garden's growing retail presence into the Upper Midwest.
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