TEMPE, AZ--(Marketwired - Apr 29, 2015) - American Green, Inc. (
"We have been working with American Green for several weeks to accomplish this. From our first conversation we knew it was a good idea," says Jared Thompson of Pacific Coast. "Far from replacing anyone, the machine will allow our employees more time to interact with patients which is a key part of any business," Thompson concludes.
Dimitry Muzychuk, managing partner at Exhale, who has worked steadily to get the machine in place and online, considers ZaZZZ to be a means of better servicing their clients. "It won't be for everyone, but it's a great tool for many and from product organization to general expansion, it's a safe option for future growth," he says. "This is the first time we've seen something like this work and it's been worth the wait."
"With the initial group of machines nearly organized, we have been able to create a process that includes delivery, relocation, regulatory compliance, product management and more. The activation of the next set of machines will be easier and enable us to shorten the order-to-activation cycle," said Stephen Shearin, American Green president. "Best of all, we can now turn more of our attention to machine use by the public. Special deals, prizes, celebrity endorsements, and appearances will all be part of a roll-out that we expect will go on for years. With every completed installation, we learn more about what we have and what we can have. We wouldn't have done anything different getting to this point because attempting to take shortcuts early in the rollout process would have been nothing short of reckless."
By the end of the week, both machines will have their own bitcoin accounts. Each company operating a dispensary with a ZaZZZ must have their own unique bitcoin account as American Green cannot handle funds derived from these product transactions for a variety of regulatory reasons. Once set up, the process is simple to use for people who use bitcoin for purchases and will be the first time in America that Bitcoin will be used in automated vending transactions.
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NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.
About American Green, Corp.
In 2009, American Green, Inc. became one of the first publicly traded technology companies in the world serving the medical cannabis industry beginning with the introduction of the company's proprietary ZaZZZ machine developed to automate, age-verifying dispensing of cannabis-based medicines. Our mission is to remain a leader within the cannabis and industrial/medicinal hemp industry embracing innovation within all seed-to sale sectors by leveraging our team of professionals, as well as value-added companies and products. American Green is actively involved in activities that span cultivation, manufacturing and extraction, retail, and community outreach. We are challenged by this exploding new industry every day and strive to develop sustainable and responsible businesses that will thrive and endure in our constantly evolving marketplace.
Contact: American Green, Inc. Investor Relations Mr. Has Uyar 1221 W Warner Rd, Suite 103 Tempe, AZ 85284 480-443-1600 X555
