Produce Provider Reports Over 45% Growth Surge Amid Thanksgiving
Edible Garden Sees Over 45% YoY Increase in Preliminary Sales During Thanksgiving Season.
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Edible Garden Corp. (OTC: $EDBL), a leading provider of sustainably grown produce and herb products, has reported a significant surge in its preliminary sales results during the recent Thanksgiving period. The company has posted over a 45% year-over-year increase, a promising indicator of its growing market presence and consumer preference for sustainable produce.
This development comes as no surprise given Edible Garden's commitment to providing high-quality, locally-grown, and pesticide-free produce. The company's unique selling proposition seems to be resonating with an increasingly eco-conscious consumer base.
These preliminary results are indicative of a successful business strategy. Edible Garden has been investing heavily in its hydroponic technology and local farming partnerships to ensure the availability of fresh produce year-round. This approach not only reduces the carbon footprint associated with long-distance transport of goods but also ensures that consumers receive the freshest produce possible.
Indeed, institutions such as the Environmental Protection Agency (EPA) and the Department of Agriculture (USDA) have recognized the importance of local and sustainable farming. The USDA, for instance, has a Farmers Market Promotion Program that provides grants to projects that improve and expand domestic farmers markets, roadside stands, community-supported agriculture programs, and other direct producer-to-consumer market opportunities.
Moreover, the positive financial results also reflect the growing consumer trend towards healthier, eco-friendly choices. According to a report by Nielsen, 48% of U.S. consumers say they would definitely or probably change their consumption habits to reduce their impact on the environment.
The preliminary sales results of Edible Garden during the Thanksgiving period demonstrate not only the success of the company's business strategy but also the shifting consumer preferences towards more sustainable and locally sourced produce.
Disclaimer: This article is for informational purposes only and is not intended as investment advice. Please conduct your own due diligence before making any investment decisions.
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