Edible Garden implements proprietary ‘Shrink Savings’ solutions

Edible Garden announced the implementation of several proprietary “shrink savings” innovations related to its basil product offering, designed to reduce product spoilage typically experienced by retailers. Jim Kras, Chief Executive Officer of Edible Garden, commented, “We are excited about implementing several new proprietary innovations, primarily focused on packaging and shipping, which are expected to significantly prolong the shelf life of our basil products, thereby reducing spoilage and driving cost savings for our retail partners. These innovations are an important competitive differentiator and build on our other unique solutions. For instance, our patented self-watering in-store display has already transformed the way plants are displayed, ensuring they remain fresh for longer and greatly minimizing waste at retail outlets. Aligned with our Zero-Waste Inspired mission, these proprietary innovations allow retailers to showcase plants at their peak, minimizing waste and providing superior products to our customers. These new innovative solutions will be introduced at the Company’s annual sales meeting on Thursday, June 20, 2024.”