- Edible Garden AG EDBL acquired the assets of the Condiment Companycellulose, including its lines of sustainable gourmet sauces and chili-based products. The financial details of the transaction were not disclosed.
- Pulp’s product lines are all-natural, non-GMO, and preservative-free.
- Products include Hungarian Wax Sauce, Poblano Serrano Jalapeno Hot Sauce, Fresno Chili Hot Sauce, Habanero Carrot Hot Sauce, as well as Salsa Macha, Chili Crisp, and Chili Oil.
- The line was developed and launched by Nicholas Gregory, a Kansas farmer and chef.
- “We believe this is a significant opportunity for the company to bring a unique brand in a trending category to a mass market of consumers within Edible Garden’s growing network of large retail supermarkets and distributors across the country,” said CEO Jim Kras.
- Edible Garden held $2 million in cash and equivalents from 09/30/2022.
- Price promotion: EDBL shares are trading up 5.62% at $0.3760 on the latest check Tuesday.
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