TEMPE, AZ--(Marketwired - Jan 28, 2016) - American Green, Inc. (
Herbal Elements , currently producing American Green Premium Joints in Eagle Vail, Colorado, recently received county approval for an extraction facility built with a cooperating financial arrangement with American Green.
"We've got a valuable and rare extract license on the Western Slope and are excited about providing extract products for the recreational market west of Denver. We're producing hash for inclusion in Premium Joints as well as highly sought-after strain-specific live rosin pressed from premium flowers and trim. It's completely solventless and non-activated, making it one of the highest quality products in the Colorado marketplace," says Herbal Elements managing partner, Greg Honan. "With American Green's financial investment, we have been able to secure our extremely valuable extract license and construct the extract facility. Herbal Elements' goal is to offer our product at recreational dispensaries throughout Colorado.
"We've been working closely with Greg and his team for the past 6 months to increase production capacity and develop new products that will be packaged in American Green branded materials. Our packaging is unique and stands out from the crowd. Combined with Greg's exceptionally clean and potent rosin, we believe our customers will be extremely happy and sure to create demand for this premium product, resulting in repeat purchases," says Jonathan Miller, American Green, CEO. "This new premium product offering continues to follow our business model of making investments intended to popularize American Green products and position us for future opportunities. We are seeing traction in our efforts. We've got a solid plan for success in Colorado."
In other news, Jonathan Miller, American Green CEO will be holding another conference call with shareholders on the heels of the overwhelming success of its previous conference call held on January 12th. The conference is scheduled for Tuesday, February 2nd at 10am Mountain Time or 12 Noon Eastern. The number to call is: 641-715-3580 (Access Code: 672-528) . Shareholders may submit questions for Mr. Miller to answer by emailing ceocall@americangreen.com . In addition to answering the submitted questions, Mr. Miller, in a new feature, will field selected questions "live" during the call. "With over 300 shareholders listening in to our last call, I must say that I was a bit surprised at the overwhelming shareholder participation and will endeavor to make these calls more frequent and informative. Shareholders who miss the live call may dial 641-715-3589 (Access Code: 672-528 ) after-hours to hear the recorded call in its entirety or via the online link," Miller stated.
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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. American Green, Corp. , became, in 2009, one of the first publicly traded technology companies in the cannabis industry. Now, with over 50,000 individual shareholders, more than any other company in the cannabis sector, American Green's mission is to lead the cannabis industry. Leveraging our team of professionals in cultivation, manufacturing, extraction, wholesale, retail, and community outreach, we strive to develop sustainable initiatives, while increasing shareholder value, and company profit.
Contact: American Green, Inc. Investor Relations 1221 W Warner Rd, Suite 103 Tempe, AZ 85284 480-443-1600 X555
