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Edible Garden Continues Pursuit of Narayan Acquisition; Potentially Expanding Global Growth Opportunities and Positioning for Long-Term Success

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Edible Garden AG Incorporated
Edible Garden AG Incorporated

Company to Host Exclusive ‘The Future of Food’ Event During Natural Products Expo West® 2025 With Culinary Advisor & James Beard Award-Winning Chef JJ Johnson; Narayan to Share Global Perspective of Flavors

BELVIDERE, NJ, March 04, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced its continued pursuit of acquiring Narayan Group, a leading European producer of organic coconut and superfood products. This acquisition, if completed, is expected to commercialize the relationship between Edible Garden and Narayan, expanding access to cleaner, better-for-you ingredients across North America and Europe while enhancing supply chain efficiencies.

In addition, Narayan will be part of “The Future of Food” event to share a global perspective of flavors, highlighting the rich diversity and innovation in the world of sustainable and organic food products.

“The Narayan acquisition, if completed, will mark a major milestone in Edible Garden’s growth strategy, enabling us to expand our footprint internationally while introducing high-quality, sustainably sourced superfoods to the North American market,” said Jim Kras, CEO of Edible Garden. “Narayan’s vertically integrated supply chain provides greater control over sourcing, production, and distribution, enhancing operational efficiency and reducing costs.”

“By integrating Narayan’s organic coconut and superfood product lines into our North American distribution platform, we aim to expand our product portfolio and cater to the growing consumer demand for nutrient-dense, plant-based nutrition. This move would enhance supply chain transparency and sustainability, aligning perfectly with Edible Garden’s Zero-Waste Inspired® mission to reduce food miles and environmental impact. We believe this acquisition has the potential to significantly strengthen our market position, unlock new revenue streams, and accelerate our ability to deliver cleaner, more innovative food solutions while driving long-term shareholder value.”

In addition, the Company announced that it will host “The Future of Food” event, an exclusive culinary experience led by Edible Garden's culinary advisor & James Beard Award-winning Chef JJ Johnson. The event will take place at The Edible Garden House on Wednesday, March 5, 2025, during Natural Products Expo West® 2025 in Anaheim, CA.

This exclusive event will feature a curated tasting menu crafted by Chef JJ Johnson, showcasing bold, globally inspired flavors using Edible Garden’s fresh, sustainably grown ingredients. Designed to highlight the intersection of culinary innovation and sustainability, the evening will include signature drinks, bites, and vibes, delivering an immersive experience that celebrates the future of food.