Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling, and marketing company with related agribusiness activities and real estate development operations, today announced that it has entered into an exclusive licensing relationship with Apeel Sciences (“Apeel”). Limoneira will protect lemons across its supply chain with Apeel’s coating technology. This non-GMO, edible, plant-based coating maintains moisture for longer and reduces oxidation preventing spoilage throughout the supply chain. For lemons, this means they stay juicy and retain their bright, yellow color for longer. As Apeel's first, fully integrated lemon supplier in the U.S., Limoneira will significantly expand availability of Apeel-protected lemons domestically and internationally through Limoneira affiliated packing facilities and through licensing management.
Limoneira Enters into Exclusive Licensing Relationship with Food System Innovation Company Apeel Sciences to Deliver the World's Best Lemons
May 11, 2023
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