ERBB News 12/26/2016 - 0.0022
Post# of 273249
Posted On: 12/26/2016 6:03:40 AM
American Green, Inc. $ERBB News
Last updated 12/26/2016 - 0.0022
American Green Forecasts Record Q1/17 Revenues
Dec 14, 2016
OTC Disclosure & News Service
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American Green Forecasts Record Q1/17 Revenues
PHOENIX, AZ--(Marketwired - Dec 14, 2016) - American Green, Inc. (OTC PINK: ERBB) announced today that with the BlazeNow arrangement and the resulting sales, orders for the American Green Machine (AGM), and with its online store relaunching in the Amazon Marketplace on Thursday, expected revenues for the first quarter of the new year should be in its best quarter to date. The projected sale of over thirty American Green Machine (AGM) units will make up a substantial amount of the quarter's revenue and account for more than half of its revenue until the cultivation facility is fully operational. The expansion of the "AGM Machine" into markets other than cannabis has already presented much larger opportunities than were available by being wedged into a single sector.
With a licensed commercial contractor selected, a cultivation license in place, and the recent extension to its variance approved by the City of Phoenix, the permit for the engineered site-plan is the only thing remaining to allow the company to expedite the facility's completion. Much of the construction has already been done off-site and will be shipped in the next month.
"American Green's new relationship with BlazeNow -- the MJ dispensary locator for Android and iPhone users -- is off to a great start. The company projects signing up more than 145 dispensaries planning to purchase listings beginning in Arizona, Illinois, Michigan, Maine, Rhode Island and Massachusetts next quarter," says David Gwyther, ERBB's acting president and chairman. "Our venture with BlazeNow is only weeks old and we're already witnessing a tremendous amount of enthusiasm from our potential new dispensary clients."
As announced last week, The American Green company store will be opening this week featuring its proprietary line of cannabidiol products including American Green Infused Balm, Tincture designed primarily for humans, and peanut butter, blueberry or tuna treats for dogs and cats. The company is working on methods of making online buyers aware of our fantastic CDB products and believe sales will start almost immediately and increase from there. "The past year's labor is visibly paying off," remarked David Gwyther. "For a variety of reasons including the termination of previous management, the company is now re-focused on revenues and acceptable margins. With focus on core competencies and the capable leadership of our new chief operating officer Patrick Carrigan as well as his staff, American Green will be able to make 2017 our best year to date," concluded Mr. Gwyther.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news. The company has over 6,500 shareholders and interest-holders on its private list and the list is growing every month. In addition, shareholders can join in the conversation here: https://otc.watch/groups/american-green-inc-erbb/forum/.
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, the largest shareholder base of any cannabis-related public company in the US, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products -- spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Contact:
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
American Green Gets Set to Launch National Line of CBD Products -- Beginning on Amazon
Dec 08, 2016
OTC Disclosure & News Service
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American Green Gets Set to Launch National Line of CBD Products -- Beginning on Amazon
American Green CBD store set to launch on December 15th
PHOENIX, AZ--(Marketwired - Dec 8, 2016) - American Green, Inc. (OTC PINK: ERBB) is proud to announce that after several months of research, development, and market study, it is offering an extraordinary line of pure CBD products which will start with pet formulations, a balm and a tincture. For those not familiar with Cannabidiol, it is one of the known cannabinoids which works in all mammals' endo-cannabinoid receptor systems and has been shown to help with pain associated with inflammation as well as a variety of other ailments.
All American Green CBD products are created using high-quality, organically-sourced cannabis plants and our cannabidiol (CBD) isolate is extracted using CO2 -- resulting in some of the purest CBD available. All products are sourced from organic hemp, purified and isolated from any undesirable plant materials. Our base formulation is pharmaceutical grade, and tests over 99% CBD by weight. As a result American Green CBD allows for accurate mixing of the products, no taste or odor, and high levels of bioavailability.
"Our originally planned lines of CBD products required additional work to discover reliable sourcing and fabrication," says David Gwyther, board chair and acting president at American Green. "The formulation we are taking to market now that we are here allows the company to ship nationwide and improve the lives of an entire household. The successful launching of American Green CBD begins to fulfill our commitment in this sector. By creating lines that support both pets and their owners we have found that it's not just an improvement to a person's own well-being but can potentially improve their overall lifestyle," Gwyther concludes.
The CBD product pricing is competitive and is expected to produce revenues with acceptable margins for both retail and wholesale sales segments. The company's CBD products will also be integrated with other American Green-centric opportunities such as the BlazeNow dispensary locator app and the American Green "Smart Vending" Machine that will enable the verified sale of regulated products. The general offerings in the company's Amazon store are slated to include the original hat selection with new updated variations -- a very popular item for customers, shareholders, and friends of the company. Those shopping at our store can expect to see a continuously expanding product line that will reflect consumer demand. The utilization of our Amazon Storefront and other future national outlets are a great way to get the American Green brand in front of the public while simultaneously building shareholder value through revenues.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news. The company has over 6,000 shareholders and interest-holders on its private list and the list is growing every month. In addition, shareholders can join in the conversation here: https://otc.watch/groups/american-green-inc-erbb/forum/.
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, the largest shareholder base of any cannabis-related public company in the US, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products - spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Contact:
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
American Green Integrates World Class Biometrics in the American Green Machine
Nov 30, 2016
OTC Disclosure & News Service
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American Green Integrates World Class Biometrics in the American Green Machine
Creates a Better-Than-Human Standard for Verification
PHOENIX, AZ--(Marketwired - Nov 30, 2016) - American Green, Inc. (OTC PINK: ERBB) is pleased to announce that it has selected M2SYS (www.m2sys.com), the premier company in biometric technology, to complete its systems integration with the American Green Machine, or 'AGM.' M2SYS provides technology to many government organizations internationally. Initially M2SYS will provide the M2-FingerVein™, a non-invasive finger vein reader for the 'AGM.' Cuts, dry skin, scars, and other factors can sometimes prevent fingerprint readers from reliably enrolling or identifying a person for smart vending use. The M2-FingerVein™ reader solves this by capturing images of the vein patterns inside a finger. Because these unique patterns are inside the body, finger vein patterns are virtually impossible to reverse engineer and replicate. American Green's use of this specialized technology also solves the issue of low light instances where facial recognition can pose a challenge. Most of all, M2SYS is designed to scale and can support multi-regional verification which will be important as the American Green Machine gains footholds nationwide.
"It's one thing to create a platform that's exciting with a lot of 'wow' factor... and we have done that," says David Gwyther, chairman and acting president of American Green. "It's quite another thing to provide comfort to people, organizations, and regulators where they can be assured, to the maximum extent possible today, that the appropriate person is making a 'regulated purchase.' We feel that M2SYS is the 'best in class' for integration into our American Green Machine," Gwyther concludes.
"We are pleased to work with American Green. They are clearly on the forefront of a rapidly emerging application of biometrics -- auto-retail or 'smart vending,' says Michael Trader, President of M2SYS. "Their ideas relating to safe and secure purchase through machine vending represent a new era in commerce and we are glad to support them in their initiatives. Their appreciation and focus on correct matching for the safety and security of people using the AGM is one of the reasons M2SYS has worked so hard to produce the products we have -- so we can securely support new and existing business initiatives as well as government and large-scale corporate applications," finished Mr. Trader. For more information you can contact John Trader at jtrader@m2sys.com, 410-491-5354.
The American Green Machines also known as 'the Ultimate AGMs' are scheduled to begin shipping by the end of year and feature a processor or 'machine brain' created by technology partner Silkron® (www.silkron.com) and can be configured in myriad ways, according to client wishes, whether the client is selling coconut water, beer, cannabis, or any regulated or non-regulated product. See Silkron's demonstration pages for examples of how smart vending is changing the world of smart vending: https://www.youtube.com/user/yongkhun
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news. The company has over 6,000 shareholders and interest-holders on its private list and the list is growing every month. In addition, shareholders can join in the conversation here: https://otc.watch/groups/american-green-inc-erbb/forum/.
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products -- spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Contact:
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
City of Phoenix Gives ERBB the Green Light to Complete Virginia Avenue MJ Grow Facility
Nov 23, 2016
OTC Disclosure & News Service
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City of Phoenix Gives ERBB the Green Light to Complete Virginia Avenue MJ Grow Facility
American Green adds over 3,000 shareholders this year; Now totaling 57,640
PHOENIX, AZ--(Marketwired - Nov 23, 2016) - American Green, Inc. (OTC PINK: ERBB) announced today that the City of Phoenix awarded the necessary variance to enable the required permitting for the completion of its cultivation site. The initial variance and reason it was provided were never in question; however, the completion was delayed because American Green's board of directors felt that a significant change in the project management was necessary to properly complete the grow operation. Certain aspects of construction are already underway with the fully engineered site plan projected to be completed by December 15th for review and submission for the necessary permits. Quick completion is anticipated because construction management is taking full advantage of pre-production and organizational procedures that are compatible and within the time limits made available to the company. "We very much appreciate the cooperation we've received from the City of Phoenix as American Green worked through their important and necessary shifts in management," said David Gwyther, ERBB's acting president and chairman.
"Shareholders can be assured that American Green will evolve and make whatever changes are necessary to acclimate to our changing political environment. I've been actively involved in overseeing American Green since it entered the cannabis market in 2009 when it became the second publicly traded company in the cannabis sector. I am convinced we will endure as one of the leading medical and adult-use marijuana-related companies in the nation, and we'll do it by adapting to changing laws and times," concluded Mr. Gwyther.
With the BlazeNow relationship on full-throttle, the green light on the cultivation site build-out, and the American Green Machine being readied for consumers, the company feels it is poised to have one of the best first quarters and years in its history.
In other positive news, the official ERBB beneficial owner shareholder count has increased from 54,563 to 57,640 -- an increase in 3,077 shareholders since 2015, as officially reported by Broadridge (www.broadridge.com). The Company is excited by its shareholder growth this past year and is committed to grow its revenue and operating margins in a similar fashion in the coming years during what looks to be a banner year for the cannabis sector.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news. The company has over 6,000 shareholders and interest-holders on its private list and the list is growing every month. In addition, shareholders can join in the conversation here: https://otc.watch/groups/american-green-inc-erbb/forum/.
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products - spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
American Green Buys into Blaze Now
Nov 22, 2016
OTC Disclosure & News Service
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American Green Buys into Blaze Now
Company enters cannabis sales locator market and expects to boost the iPhone and Android app's profile by adding MJ dispensaries nationwide
PHOENIX, AZ--(Marketwired - Nov 22, 2016) - American Green, Inc. (OTC PINK: ERBB) announced today that it has acquired an ownership position in the dispensary locator app, BlazeNow,™ which is currently available in Apple and Android app stores. The move comes as a follow-up to last year's February 26 announcement of what was then a Joint Venture. The re-invented relationship between the two companies accomplishes several of ERBB's stated goals in advance of releasing its own app called GreenXpress. Besides honoring its commitment to a trusted partner in BlazeNow, the opportunities presented by the investment include an immediate revenue-generating model via sales and marketing, deeper relationships nationwide with dispensaries and their patrons, and a valuable starting point to its own suite of technology apps scheduled for release in Q1 and Q2 of 2017.
"Our involvement with Blaze Now enables American Green to naturally grow its relationships with more and more dispensary business people nationwide. We believe this expanding involvement is a key component to success in any other in-market venture we look at," says David Gwyther. "American Green's 'prime directive' is the development of collateral revenues in the burgeoning cannabis industry, and the BlazeNow™ agreement accomplishes that," continued Mr. Gwyther.
Besides the immediate revenue potential and market-relevance afforded by the Blaze Now/American Green relationship, the company is working toward developing ventures that give long-term value to ERBB shareholders. The board believes that having a stake in a quality tech offering like BlazeNow,™ with its large upside potential, could represent an investment that could grow many times over as the cannabis industry matures. American Green will also have the opportunity to generate its own associated commissionable revenues along the way, creating what ERBB believes will be a "win-win" for both, the company and for Blaze Now.
"We are happy to have American Green take on a role as an active investor. They are an established brand in the marijuana sector and have developed key relationships since entering the sector in 2009. Also they have a capable and motivated team that we believe will help speed our expansion. BlazeNow™ is a solid product in which we have put a lot of time and industry knowledge. Having assistance from ERBB will help us become a household name and be a definite benefit," said Jeremy Carr, owner of the highly rated Exhale dispensary in Los Angeles and president of BlazeNow.™
The company is continuing its development on the American GreenXpress app as previously announced and has adapted its scope to a broader focus which will incorporate the value of BlazeNow along with other functional apps. Details of GreenXpress, help from the beta testers, and information about an app that allows remote, cashless reservations and purchases from the American Green Machine, or AGM -- formerly known as ZaZZZ -- will be available before the end of the calendar year.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news. In addition, join in the conversation here: https://otc.watch/groups/american-green-inc-erbb/forum/
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products -- spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Contact:
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
American Green Rallies with Home Run Site Plan Revision
Nov 03, 2016
OTC Disclosure & News Service
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American Green Rallies with Home Run Site Plan Revision
Cultivation Site Poised for January Win
PHOENIX, AZ--(Marketwired - Nov 3, 2016) - American Green, Inc. (OTC PINK: ERBB) announced today that the City of Phoenix has reactivated the demolition permit which expired earlier in the year and the Company will select the lights to be used in the flower rooms later today. With these critical and necessary tasks in the rearview mirror, the Company can re-start physical construction, finalize engineering and the site plan and, pending approval from the Department of Health Services, its scheduled harvests beginning late in Q1 of 2017. Overcoming challenges presented additional challenges and opportunities. New chief operating officer Pat Carrigan applied his no-nonsense approach to operations as well as his building experience to anticipate and eliminate hold-ups, define the best path, and get that plan in motion. The specifics will become available over the course of construction and to all who are able to visit the facility for a scheduled tour.
"The cannabis market is relatively new to AZ and while legal within the state, city officials remain understandably very vigilant regarding all aspects of cultivation facilities as they are built and operated. A properly designed and executed plan is what they want, and it is what we will provide them," said David Gwyther, the chairman and acting president at American Green. "After a great start which ground to a halt by mid-year and a budget that had grown so quickly that it exceeded the bounds of practicality, the board, acting president, and our team of specialists were able to corral the expenses associated with the grow facility this summer while maintaining momentum toward its completion. We are very pleased to have Pat Carrigan stepping in to bring our Phoenix Grow to fruition," Mr. Gwyther concludes.
"I saw a lot of opportunity and approached it with an open mind. The original plan laid out when the building was selected back in early 2015 was well designed and bringing the current version of that plan to reality makes sense," commented Pat Carrigan. "A repeatable system that produces top-grade cannabis in orchestrated quantities, while staying focused on strains that have documented medicinal qualities is an operational model that can generate revenues and increase those revenues through confident expansion. By successfully following this strategy, the company provides visible success and growth potential for current and future shareholders. Additional sites have already been identified in Arizona and elsewhere," Carrigan concluded.
The Phoenix cultivation site, whose floor plan was made available in a previous press release, has been organized to have a steady flow of product move through the facility rather than intermittent harvests of imposing size. The regulated model allows for smaller curing and trim rooms, permanent employees to staff those rooms instead of having to hire at sporadic intervals. This grow cycle strategy limits the exposure that less frequent and much larger harvests can create and promotes safety, consistency and quality.
The ten flower rooms are duplicates of current, successful operating cultivation sites that produce top quality product. Each room is capable of yielding 20 pounds of premium cannabis, five times a year; thus, producing a realistic 1000 pound annual yield or $1.5mm in gross revenue at current wholesale market prices. The key feature about a boutique grow facility like this is the consistency of medicinal quality flower and our ability to reproduce and achieve zoning compliance in a far greater number of potential locations.
Groups of up to six will be offered guided visits scheduled on Tuesdays and Fridays limited to two 30 minute tours at 11:30 and 12:00, currently planned to begin November 9th and organized around ongoing construction, with safety always taking priority.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news.
Shareholders and interest holders may also stay current with American Green Updates:
Twitter: @American__Green (two underscores), or
Facebook: https://www.facebook.com/americangreenusa
About American Green, Corp.
American Green, Corp. became one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products - spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
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.
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Chief Operating Officer Brings Expertise and Experience to American Green
Oct 25, 2016
OTC Disclosure & News Service
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New Chief Operating Officer Brings Expertise and Experience to American Green
PHOENIX, AZ--(Marketwired - Oct 25, 2016) - American Green, Inc. (OTC PINK: ERBB) announced today it has reached an agreement with Pat Carrigan to be its new COO. After over two months of consideration, Mr. Carrigan was selected from a field of respectable competition but none quite as complete as the talent he brings to the table. He utilized a degree in economics from the University of New Mexico to serve him well at the Valley National Bank Agribusiness division as an Agricultural Loan Officer. With over thirty years in management that include stretches as CFO and president/CEO, he began as a Building Superintendent in Albuquerque in the mid-80s where he built over 150 homes -- five and ten at a time -- and progressed to managing and co-owning some of the area's largest cattle operations.
"I considered the field of applicants. Someone with Pat's background and skills is a valuable find. Though he's not from the canna-industry, he is familiar with our company and products, has a history in agriculture and development, and no fear of technology -- a near-perfect combination of talent and experience that I believe will work best for the company," says David Gwyther, American Green's acting president and chairman. "He understands logistics, the elements that make up successful business ventures, and is a no-nonsense kind of guy when it comes down to business. It's not just what ERBB needed, it's what I believe any successful company in our sector needs. He is certainly quite affable with a quick wit and good nature, but he has plenty of grit and knows how to use it when necessary," Gwyther concludes.
According to Pat Carrigan, "I've worked hard and been fortunate to have several great wins under my belt. When the chance to work with American Green hit my radar I saw an opportunity to engage with people I like in a dynamic, young industry. I have been following American Green and have been a shareholder since 2009. Taking on the role of chief operating officer created a challenge that I'm ready to accept. Being successful here will create a tremendous upside for the shareholders and for me, personally."
"My skills, experience, and contacts," continues Carrigan, "should blend into the work David [Gwyther] and his team have been doing to re-establish American Green as a top brand in the sector, I believe the American Green chairman and board have created a foundation by keeping focused and sticking to the company's roots. I think it's a great model -- one I've enjoyed with a certain amount of success. I learned at an early age to never put more cattle on the range than you can round up, but not to be afraid to build a bigger ranch when the time is right," concludes Carrigan.
Carrigan didn't waste any time as he went directly to work on project analysis, machine logistics, and identifying the opportunities that could offer the most benefit to the company and its shareholders. His effect will be apparent immediately with the former ZaZZZ machines being loaded up and heading to American Green's North Carolina after-market manufacturing facility.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news.
Shareholders and interest holders may also stay current with American Green Updates:
Twitter: @American__Green (two underscores), or
Facebook: https://www.facebook.com/americangreenusa
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products - spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=3071767
Contact:
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
American Green Adds Commercial Facility For Aftermarket Production Control
Oct 19, 2016
OTC Disclosure & News Service
-
American Green Adds Commercial Facility For Aftermarket Production Control
PHOENIX, AZ--(Marketwired - Oct 19, 2016) - American Green, Inc. (OTC PINK: ERBB) announced today that it has added a facility near Charlotte, North Carolina, close to its partner, Vendweb.com, to improve the final-stage engineering of all 'auto-retail' or 'smart-vending' machines it sells. The three-floor former factory provides ample workspace for machines during modification and storage in advance of shipping. The company believes having a secure, commercial location for this process, and being part of this process are both necessary aspects essential for success.
"True smart vending combined with age verification doesn't yet exist in the US. Our ZaZZZ machine achieved this milestone before, but not to a level necessary for public adoption. We learned, modified, and are now ready to provide what our past experiences have taught us," says David Gwyther. "Having the patent protection is great, but we are now capable of exceeding our previous accomplishments."
First, with the Vendron™ box, (www.silkron.com) we are machine "agnostic" -- that is, we can take nearly any machine and add it to our network. It is a process, not a stand alone unit, which is why it's simply called the American Green Machine. Our clients can phone it, shape it, and wrap it as they wish, depending on their budget. Advances in cashless payments and continued smart phone adoption add to the positive user experience when they are able to directly interface with the system. Perhaps its biggest feature is that we've expanded the market to include any restricted or regulated product within the various municipal regulations.
"One of the discoveries made during the first two times we rolled out machines including both the 'Mach I' and 'Mach II ZaZZZ' is that we found ourselves too dependent on any one company, and the most critical elements were out of our control. Being fault-tolerant is a lesson we learned and we now know is entirely necessary," continues David Gwyther acting American Green president. "The company is now able to control its future instead of having to depend solely on outside suppliers. We have great and trusted partners, but now the buck stops with us," Gwyther concludes.
Anyone wishing to learn more about the American Green Machine is encouraged to contact the company. The company welcomes any input or positive information that could improve users of the American Green Machine platform.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news.
Shareholders and interest holders may also stay current with American Green Updates:
Twitter: @American__Green (two underscores), or
Facebook: https://www.facebook.com/americangreenusa
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products -- spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=3069545
Contact:
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 x555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
American Green's Cultivation Site Back on Track for Fiscal Q2 Revenues
Oct 11, 2016
OTC Disclosure & News Service
-
American Green's Cultivation Site Back on Track for Fiscal Q2 Revenues
TEMPE, AZ--(Marketwired - Oct 11, 2016) - American Green, Inc. (OTC PINK: ERBB) is very happy to announce that after six weeks of planning and reconfiguring its building in Phoenix, the first permits are in place, and building renovation can now be completed. Like all construction, the exact dates can only be estimated, but the company believes it can be ready to 'veg' in December with the first harvest coming in March. The project is fully financed and the results of having a first harvest in the Spring are projected to cover all pre-harvest start-up and other ongoing expenses. The floorplan for our newest facility can be viewed here (http://bitly.com/floorplan3).
"The building presented an opportunity to showcase quality planning and engineering to create an environment ideal for growing cannabis in the desert. Many people have tried but not all of them have succeeded," says David Gwyther, acting American Green president. "Growing is an art as is building design; For some reason the two don't always mesh to make an optimal grow facility. The way our team has set up the property to effectively use the available space will allow American Green's cultivation partner to enjoy yields conservatively placed at well over 1,000 pounds of legal medicine annually. At current wholesale prices, we project a yield of about $1,500,000 in gross revenues for our first American Green grown facility," Gwyther concludes.
Meeting the standards of both the City of Phoenix and the State of Arizona, while maximizing our grow potential, is always a challenge for an inner-city cultivation facility, but the architects, builders, and growers were able to reach a 'meeting of the minds' and accomplish what was previously thought to be a very demanding undertaking. Being an active participant in the cultivation community has its own reward in addition to creating a revenue-generating potential.
Invitations will be extended to any shareholder with time to undertake a walk-through of the project before the end of October. Photos and updates of our sustained progress will be forthcoming on Twitter, Facebook, and the Company's website.
Anyone wishing to learn more about the American Green Machine is encouraged to contact the company. The company welcomes any input or positive information that could improve users of the American Green Machine platform.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news.
Shareholders and interest holders may also stay current with American Green Updates:
Twitter: @American__Green (two underscores), or
Facebook: https://www.facebook.com/americangreenusa
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products -- spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Contact:
American Green, Inc.
Investor Relations
1221 W Warner Rd, Suite 103
Tempe, AZ 85284
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
The American Green Machine Roll-Out Attracts Valued and Capable Partners
Oct 05, 2016
OTC Disclosure & News Service
-
The American Green Machine Roll-Out Attracts Valued and Capable Partners
TEMPE, AZ--(Marketwired - Oct 5, 2016) - American Green, Inc. (OTC PINK: ERBB) is pleased to announce that its "reboot" of the American Green Machine has garnered the attention of partners and participants whose experience, merit, and previous successes will greatly enhance the anticipated rollout of the American Green Machine (V.3). As many of our longer-term shareholders have already noted, the United States (the world's largest vending market) has been slow to embrace "Smart" vending technology in all its forms. This hindered the company when it first introduced "smart" vending via the ZaZZZ machine but has enhanced American Green's opportunities during this 'market-acceptance lull' in the US because the technology incorporated into these sophisticated vending platforms and applications has been constantly improving and increasingly reliable.
Under an exclusive license from Pan Pacific international (the division that was spun out by American Green as a dividend to its shareholders several years ago), ERBB now has secured innovative, protected process patents, high-end biometrics used by companies such as Diebold to secure safe deposit boxes, distribution partners including some with worldwide footprints, an aftermarket machine manufacturer who is well-known and capable, and a software partner whose products are used in 35 countries today.
"For a business to be successful, it must constantly adjust to market conditions...especially in newly emerging market segments such as 'Verified Vending.' Unlike other businesses, verified vending is not 'settled science,'" said David Gwyther, chairman and acting president of American Green.
"We are now seeing the US market catch up with the rest of the world regarding our technology. I believe that Pan Pacific and American Green have made that wait come to an end... finally," says Lindel Creed of VendWeb (www.vendweb.com), American Green's machine engineering partner.
"We have worked hard and for many years to produce a truly effective and unique product in the smart vending market. There are many vending machines but very few that do what Vendron(tm) allows them to do. It has been embraced in many countries and the opportunity that American Green presents will allow us to go deeper into the US market," added Yong Khun Loh of Silkron (www.silkron.com). "Having a forward thinking partner that embraces what we've created and supports what we do is a win for both companies," he concludes.
Anybody wishing to learn more about the American Green Machine is encouraged to contact the company. The company welcomes any input or positive information that could improve users of the American Green Machine platform.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news.
Shareholders and interest holders may also stay current with American Green Updates:
Twitter: @American__Green (two underscores), or
Facebook: https://www.facebook.com/americangreenusa
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products -- spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Contact:
American Green, Inc.
Investor Relations
1221 W Warner Rd, Suite 103
Tempe, AZ 85284
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Last updated 12/26/2016 - 0.0022
American Green Forecasts Record Q1/17 Revenues
Dec 14, 2016
OTC Disclosure & News Service
-
American Green Forecasts Record Q1/17 Revenues
PHOENIX, AZ--(Marketwired - Dec 14, 2016) - American Green, Inc. (OTC PINK: ERBB) announced today that with the BlazeNow arrangement and the resulting sales, orders for the American Green Machine (AGM), and with its online store relaunching in the Amazon Marketplace on Thursday, expected revenues for the first quarter of the new year should be in its best quarter to date. The projected sale of over thirty American Green Machine (AGM) units will make up a substantial amount of the quarter's revenue and account for more than half of its revenue until the cultivation facility is fully operational. The expansion of the "AGM Machine" into markets other than cannabis has already presented much larger opportunities than were available by being wedged into a single sector.
With a licensed commercial contractor selected, a cultivation license in place, and the recent extension to its variance approved by the City of Phoenix, the permit for the engineered site-plan is the only thing remaining to allow the company to expedite the facility's completion. Much of the construction has already been done off-site and will be shipped in the next month.
"American Green's new relationship with BlazeNow -- the MJ dispensary locator for Android and iPhone users -- is off to a great start. The company projects signing up more than 145 dispensaries planning to purchase listings beginning in Arizona, Illinois, Michigan, Maine, Rhode Island and Massachusetts next quarter," says David Gwyther, ERBB's acting president and chairman. "Our venture with BlazeNow is only weeks old and we're already witnessing a tremendous amount of enthusiasm from our potential new dispensary clients."
As announced last week, The American Green company store will be opening this week featuring its proprietary line of cannabidiol products including American Green Infused Balm, Tincture designed primarily for humans, and peanut butter, blueberry or tuna treats for dogs and cats. The company is working on methods of making online buyers aware of our fantastic CDB products and believe sales will start almost immediately and increase from there. "The past year's labor is visibly paying off," remarked David Gwyther. "For a variety of reasons including the termination of previous management, the company is now re-focused on revenues and acceptable margins. With focus on core competencies and the capable leadership of our new chief operating officer Patrick Carrigan as well as his staff, American Green will be able to make 2017 our best year to date," concluded Mr. Gwyther.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news. The company has over 6,500 shareholders and interest-holders on its private list and the list is growing every month. In addition, shareholders can join in the conversation here: https://otc.watch/groups/american-green-inc-erbb/forum/.
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, the largest shareholder base of any cannabis-related public company in the US, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products -- spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Contact:
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
American Green Gets Set to Launch National Line of CBD Products -- Beginning on Amazon
Dec 08, 2016
OTC Disclosure & News Service
-
American Green Gets Set to Launch National Line of CBD Products -- Beginning on Amazon
American Green CBD store set to launch on December 15th
PHOENIX, AZ--(Marketwired - Dec 8, 2016) - American Green, Inc. (OTC PINK: ERBB) is proud to announce that after several months of research, development, and market study, it is offering an extraordinary line of pure CBD products which will start with pet formulations, a balm and a tincture. For those not familiar with Cannabidiol, it is one of the known cannabinoids which works in all mammals' endo-cannabinoid receptor systems and has been shown to help with pain associated with inflammation as well as a variety of other ailments.
All American Green CBD products are created using high-quality, organically-sourced cannabis plants and our cannabidiol (CBD) isolate is extracted using CO2 -- resulting in some of the purest CBD available. All products are sourced from organic hemp, purified and isolated from any undesirable plant materials. Our base formulation is pharmaceutical grade, and tests over 99% CBD by weight. As a result American Green CBD allows for accurate mixing of the products, no taste or odor, and high levels of bioavailability.
"Our originally planned lines of CBD products required additional work to discover reliable sourcing and fabrication," says David Gwyther, board chair and acting president at American Green. "The formulation we are taking to market now that we are here allows the company to ship nationwide and improve the lives of an entire household. The successful launching of American Green CBD begins to fulfill our commitment in this sector. By creating lines that support both pets and their owners we have found that it's not just an improvement to a person's own well-being but can potentially improve their overall lifestyle," Gwyther concludes.
The CBD product pricing is competitive and is expected to produce revenues with acceptable margins for both retail and wholesale sales segments. The company's CBD products will also be integrated with other American Green-centric opportunities such as the BlazeNow dispensary locator app and the American Green "Smart Vending" Machine that will enable the verified sale of regulated products. The general offerings in the company's Amazon store are slated to include the original hat selection with new updated variations -- a very popular item for customers, shareholders, and friends of the company. Those shopping at our store can expect to see a continuously expanding product line that will reflect consumer demand. The utilization of our Amazon Storefront and other future national outlets are a great way to get the American Green brand in front of the public while simultaneously building shareholder value through revenues.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news. The company has over 6,000 shareholders and interest-holders on its private list and the list is growing every month. In addition, shareholders can join in the conversation here: https://otc.watch/groups/american-green-inc-erbb/forum/.
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, the largest shareholder base of any cannabis-related public company in the US, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products - spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Contact:
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
American Green Integrates World Class Biometrics in the American Green Machine
Nov 30, 2016
OTC Disclosure & News Service
-
American Green Integrates World Class Biometrics in the American Green Machine
Creates a Better-Than-Human Standard for Verification
PHOENIX, AZ--(Marketwired - Nov 30, 2016) - American Green, Inc. (OTC PINK: ERBB) is pleased to announce that it has selected M2SYS (www.m2sys.com), the premier company in biometric technology, to complete its systems integration with the American Green Machine, or 'AGM.' M2SYS provides technology to many government organizations internationally. Initially M2SYS will provide the M2-FingerVein™, a non-invasive finger vein reader for the 'AGM.' Cuts, dry skin, scars, and other factors can sometimes prevent fingerprint readers from reliably enrolling or identifying a person for smart vending use. The M2-FingerVein™ reader solves this by capturing images of the vein patterns inside a finger. Because these unique patterns are inside the body, finger vein patterns are virtually impossible to reverse engineer and replicate. American Green's use of this specialized technology also solves the issue of low light instances where facial recognition can pose a challenge. Most of all, M2SYS is designed to scale and can support multi-regional verification which will be important as the American Green Machine gains footholds nationwide.
"It's one thing to create a platform that's exciting with a lot of 'wow' factor... and we have done that," says David Gwyther, chairman and acting president of American Green. "It's quite another thing to provide comfort to people, organizations, and regulators where they can be assured, to the maximum extent possible today, that the appropriate person is making a 'regulated purchase.' We feel that M2SYS is the 'best in class' for integration into our American Green Machine," Gwyther concludes.
"We are pleased to work with American Green. They are clearly on the forefront of a rapidly emerging application of biometrics -- auto-retail or 'smart vending,' says Michael Trader, President of M2SYS. "Their ideas relating to safe and secure purchase through machine vending represent a new era in commerce and we are glad to support them in their initiatives. Their appreciation and focus on correct matching for the safety and security of people using the AGM is one of the reasons M2SYS has worked so hard to produce the products we have -- so we can securely support new and existing business initiatives as well as government and large-scale corporate applications," finished Mr. Trader. For more information you can contact John Trader at jtrader@m2sys.com, 410-491-5354.
The American Green Machines also known as 'the Ultimate AGMs' are scheduled to begin shipping by the end of year and feature a processor or 'machine brain' created by technology partner Silkron® (www.silkron.com) and can be configured in myriad ways, according to client wishes, whether the client is selling coconut water, beer, cannabis, or any regulated or non-regulated product. See Silkron's demonstration pages for examples of how smart vending is changing the world of smart vending: https://www.youtube.com/user/yongkhun
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news. The company has over 6,000 shareholders and interest-holders on its private list and the list is growing every month. In addition, shareholders can join in the conversation here: https://otc.watch/groups/american-green-inc-erbb/forum/.
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products -- spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Contact:
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
City of Phoenix Gives ERBB the Green Light to Complete Virginia Avenue MJ Grow Facility
Nov 23, 2016
OTC Disclosure & News Service
-
City of Phoenix Gives ERBB the Green Light to Complete Virginia Avenue MJ Grow Facility
American Green adds over 3,000 shareholders this year; Now totaling 57,640
PHOENIX, AZ--(Marketwired - Nov 23, 2016) - American Green, Inc. (OTC PINK: ERBB) announced today that the City of Phoenix awarded the necessary variance to enable the required permitting for the completion of its cultivation site. The initial variance and reason it was provided were never in question; however, the completion was delayed because American Green's board of directors felt that a significant change in the project management was necessary to properly complete the grow operation. Certain aspects of construction are already underway with the fully engineered site plan projected to be completed by December 15th for review and submission for the necessary permits. Quick completion is anticipated because construction management is taking full advantage of pre-production and organizational procedures that are compatible and within the time limits made available to the company. "We very much appreciate the cooperation we've received from the City of Phoenix as American Green worked through their important and necessary shifts in management," said David Gwyther, ERBB's acting president and chairman.
"Shareholders can be assured that American Green will evolve and make whatever changes are necessary to acclimate to our changing political environment. I've been actively involved in overseeing American Green since it entered the cannabis market in 2009 when it became the second publicly traded company in the cannabis sector. I am convinced we will endure as one of the leading medical and adult-use marijuana-related companies in the nation, and we'll do it by adapting to changing laws and times," concluded Mr. Gwyther.
With the BlazeNow relationship on full-throttle, the green light on the cultivation site build-out, and the American Green Machine being readied for consumers, the company feels it is poised to have one of the best first quarters and years in its history.
In other positive news, the official ERBB beneficial owner shareholder count has increased from 54,563 to 57,640 -- an increase in 3,077 shareholders since 2015, as officially reported by Broadridge (www.broadridge.com). The Company is excited by its shareholder growth this past year and is committed to grow its revenue and operating margins in a similar fashion in the coming years during what looks to be a banner year for the cannabis sector.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news. The company has over 6,000 shareholders and interest-holders on its private list and the list is growing every month. In addition, shareholders can join in the conversation here: https://otc.watch/groups/american-green-inc-erbb/forum/.
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products - spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
American Green Buys into Blaze Now
Nov 22, 2016
OTC Disclosure & News Service
-
American Green Buys into Blaze Now
Company enters cannabis sales locator market and expects to boost the iPhone and Android app's profile by adding MJ dispensaries nationwide
PHOENIX, AZ--(Marketwired - Nov 22, 2016) - American Green, Inc. (OTC PINK: ERBB) announced today that it has acquired an ownership position in the dispensary locator app, BlazeNow,™ which is currently available in Apple and Android app stores. The move comes as a follow-up to last year's February 26 announcement of what was then a Joint Venture. The re-invented relationship between the two companies accomplishes several of ERBB's stated goals in advance of releasing its own app called GreenXpress. Besides honoring its commitment to a trusted partner in BlazeNow, the opportunities presented by the investment include an immediate revenue-generating model via sales and marketing, deeper relationships nationwide with dispensaries and their patrons, and a valuable starting point to its own suite of technology apps scheduled for release in Q1 and Q2 of 2017.
"Our involvement with Blaze Now enables American Green to naturally grow its relationships with more and more dispensary business people nationwide. We believe this expanding involvement is a key component to success in any other in-market venture we look at," says David Gwyther. "American Green's 'prime directive' is the development of collateral revenues in the burgeoning cannabis industry, and the BlazeNow™ agreement accomplishes that," continued Mr. Gwyther.
Besides the immediate revenue potential and market-relevance afforded by the Blaze Now/American Green relationship, the company is working toward developing ventures that give long-term value to ERBB shareholders. The board believes that having a stake in a quality tech offering like BlazeNow,™ with its large upside potential, could represent an investment that could grow many times over as the cannabis industry matures. American Green will also have the opportunity to generate its own associated commissionable revenues along the way, creating what ERBB believes will be a "win-win" for both, the company and for Blaze Now.
"We are happy to have American Green take on a role as an active investor. They are an established brand in the marijuana sector and have developed key relationships since entering the sector in 2009. Also they have a capable and motivated team that we believe will help speed our expansion. BlazeNow™ is a solid product in which we have put a lot of time and industry knowledge. Having assistance from ERBB will help us become a household name and be a definite benefit," said Jeremy Carr, owner of the highly rated Exhale dispensary in Los Angeles and president of BlazeNow.™
The company is continuing its development on the American GreenXpress app as previously announced and has adapted its scope to a broader focus which will incorporate the value of BlazeNow along with other functional apps. Details of GreenXpress, help from the beta testers, and information about an app that allows remote, cashless reservations and purchases from the American Green Machine, or AGM -- formerly known as ZaZZZ -- will be available before the end of the calendar year.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news. In addition, join in the conversation here: https://otc.watch/groups/american-green-inc-erbb/forum/
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products -- spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Contact:
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
American Green Rallies with Home Run Site Plan Revision
Nov 03, 2016
OTC Disclosure & News Service
-
American Green Rallies with Home Run Site Plan Revision
Cultivation Site Poised for January Win
PHOENIX, AZ--(Marketwired - Nov 3, 2016) - American Green, Inc. (OTC PINK: ERBB) announced today that the City of Phoenix has reactivated the demolition permit which expired earlier in the year and the Company will select the lights to be used in the flower rooms later today. With these critical and necessary tasks in the rearview mirror, the Company can re-start physical construction, finalize engineering and the site plan and, pending approval from the Department of Health Services, its scheduled harvests beginning late in Q1 of 2017. Overcoming challenges presented additional challenges and opportunities. New chief operating officer Pat Carrigan applied his no-nonsense approach to operations as well as his building experience to anticipate and eliminate hold-ups, define the best path, and get that plan in motion. The specifics will become available over the course of construction and to all who are able to visit the facility for a scheduled tour.
"The cannabis market is relatively new to AZ and while legal within the state, city officials remain understandably very vigilant regarding all aspects of cultivation facilities as they are built and operated. A properly designed and executed plan is what they want, and it is what we will provide them," said David Gwyther, the chairman and acting president at American Green. "After a great start which ground to a halt by mid-year and a budget that had grown so quickly that it exceeded the bounds of practicality, the board, acting president, and our team of specialists were able to corral the expenses associated with the grow facility this summer while maintaining momentum toward its completion. We are very pleased to have Pat Carrigan stepping in to bring our Phoenix Grow to fruition," Mr. Gwyther concludes.
"I saw a lot of opportunity and approached it with an open mind. The original plan laid out when the building was selected back in early 2015 was well designed and bringing the current version of that plan to reality makes sense," commented Pat Carrigan. "A repeatable system that produces top-grade cannabis in orchestrated quantities, while staying focused on strains that have documented medicinal qualities is an operational model that can generate revenues and increase those revenues through confident expansion. By successfully following this strategy, the company provides visible success and growth potential for current and future shareholders. Additional sites have already been identified in Arizona and elsewhere," Carrigan concluded.
The Phoenix cultivation site, whose floor plan was made available in a previous press release, has been organized to have a steady flow of product move through the facility rather than intermittent harvests of imposing size. The regulated model allows for smaller curing and trim rooms, permanent employees to staff those rooms instead of having to hire at sporadic intervals. This grow cycle strategy limits the exposure that less frequent and much larger harvests can create and promotes safety, consistency and quality.
The ten flower rooms are duplicates of current, successful operating cultivation sites that produce top quality product. Each room is capable of yielding 20 pounds of premium cannabis, five times a year; thus, producing a realistic 1000 pound annual yield or $1.5mm in gross revenue at current wholesale market prices. The key feature about a boutique grow facility like this is the consistency of medicinal quality flower and our ability to reproduce and achieve zoning compliance in a far greater number of potential locations.
Groups of up to six will be offered guided visits scheduled on Tuesdays and Fridays limited to two 30 minute tours at 11:30 and 12:00, currently planned to begin November 9th and organized around ongoing construction, with safety always taking priority.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news.
Shareholders and interest holders may also stay current with American Green Updates:
Twitter: @American__Green (two underscores), or
Facebook: https://www.facebook.com/americangreenusa
About American Green, Corp.
American Green, Corp. became one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products - spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
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.
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
New Chief Operating Officer Brings Expertise and Experience to American Green
Oct 25, 2016
OTC Disclosure & News Service
-
New Chief Operating Officer Brings Expertise and Experience to American Green
PHOENIX, AZ--(Marketwired - Oct 25, 2016) - American Green, Inc. (OTC PINK: ERBB) announced today it has reached an agreement with Pat Carrigan to be its new COO. After over two months of consideration, Mr. Carrigan was selected from a field of respectable competition but none quite as complete as the talent he brings to the table. He utilized a degree in economics from the University of New Mexico to serve him well at the Valley National Bank Agribusiness division as an Agricultural Loan Officer. With over thirty years in management that include stretches as CFO and president/CEO, he began as a Building Superintendent in Albuquerque in the mid-80s where he built over 150 homes -- five and ten at a time -- and progressed to managing and co-owning some of the area's largest cattle operations.
"I considered the field of applicants. Someone with Pat's background and skills is a valuable find. Though he's not from the canna-industry, he is familiar with our company and products, has a history in agriculture and development, and no fear of technology -- a near-perfect combination of talent and experience that I believe will work best for the company," says David Gwyther, American Green's acting president and chairman. "He understands logistics, the elements that make up successful business ventures, and is a no-nonsense kind of guy when it comes down to business. It's not just what ERBB needed, it's what I believe any successful company in our sector needs. He is certainly quite affable with a quick wit and good nature, but he has plenty of grit and knows how to use it when necessary," Gwyther concludes.
According to Pat Carrigan, "I've worked hard and been fortunate to have several great wins under my belt. When the chance to work with American Green hit my radar I saw an opportunity to engage with people I like in a dynamic, young industry. I have been following American Green and have been a shareholder since 2009. Taking on the role of chief operating officer created a challenge that I'm ready to accept. Being successful here will create a tremendous upside for the shareholders and for me, personally."
"My skills, experience, and contacts," continues Carrigan, "should blend into the work David [Gwyther] and his team have been doing to re-establish American Green as a top brand in the sector, I believe the American Green chairman and board have created a foundation by keeping focused and sticking to the company's roots. I think it's a great model -- one I've enjoyed with a certain amount of success. I learned at an early age to never put more cattle on the range than you can round up, but not to be afraid to build a bigger ranch when the time is right," concludes Carrigan.
Carrigan didn't waste any time as he went directly to work on project analysis, machine logistics, and identifying the opportunities that could offer the most benefit to the company and its shareholders. His effect will be apparent immediately with the former ZaZZZ machines being loaded up and heading to American Green's North Carolina after-market manufacturing facility.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news.
Shareholders and interest holders may also stay current with American Green Updates:
Twitter: @American__Green (two underscores), or
Facebook: https://www.facebook.com/americangreenusa
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products - spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=3071767
Contact:
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
American Green Adds Commercial Facility For Aftermarket Production Control
Oct 19, 2016
OTC Disclosure & News Service
-
American Green Adds Commercial Facility For Aftermarket Production Control
PHOENIX, AZ--(Marketwired - Oct 19, 2016) - American Green, Inc. (OTC PINK: ERBB) announced today that it has added a facility near Charlotte, North Carolina, close to its partner, Vendweb.com, to improve the final-stage engineering of all 'auto-retail' or 'smart-vending' machines it sells. The three-floor former factory provides ample workspace for machines during modification and storage in advance of shipping. The company believes having a secure, commercial location for this process, and being part of this process are both necessary aspects essential for success.
"True smart vending combined with age verification doesn't yet exist in the US. Our ZaZZZ machine achieved this milestone before, but not to a level necessary for public adoption. We learned, modified, and are now ready to provide what our past experiences have taught us," says David Gwyther. "Having the patent protection is great, but we are now capable of exceeding our previous accomplishments."
First, with the Vendron™ box, (www.silkron.com) we are machine "agnostic" -- that is, we can take nearly any machine and add it to our network. It is a process, not a stand alone unit, which is why it's simply called the American Green Machine. Our clients can phone it, shape it, and wrap it as they wish, depending on their budget. Advances in cashless payments and continued smart phone adoption add to the positive user experience when they are able to directly interface with the system. Perhaps its biggest feature is that we've expanded the market to include any restricted or regulated product within the various municipal regulations.
"One of the discoveries made during the first two times we rolled out machines including both the 'Mach I' and 'Mach II ZaZZZ' is that we found ourselves too dependent on any one company, and the most critical elements were out of our control. Being fault-tolerant is a lesson we learned and we now know is entirely necessary," continues David Gwyther acting American Green president. "The company is now able to control its future instead of having to depend solely on outside suppliers. We have great and trusted partners, but now the buck stops with us," Gwyther concludes.
Anyone wishing to learn more about the American Green Machine is encouraged to contact the company. The company welcomes any input or positive information that could improve users of the American Green Machine platform.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news.
Shareholders and interest holders may also stay current with American Green Updates:
Twitter: @American__Green (two underscores), or
Facebook: https://www.facebook.com/americangreenusa
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products -- spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=3069545
Contact:
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 x555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
American Green's Cultivation Site Back on Track for Fiscal Q2 Revenues
Oct 11, 2016
OTC Disclosure & News Service
-
American Green's Cultivation Site Back on Track for Fiscal Q2 Revenues
TEMPE, AZ--(Marketwired - Oct 11, 2016) - American Green, Inc. (OTC PINK: ERBB) is very happy to announce that after six weeks of planning and reconfiguring its building in Phoenix, the first permits are in place, and building renovation can now be completed. Like all construction, the exact dates can only be estimated, but the company believes it can be ready to 'veg' in December with the first harvest coming in March. The project is fully financed and the results of having a first harvest in the Spring are projected to cover all pre-harvest start-up and other ongoing expenses. The floorplan for our newest facility can be viewed here (http://bitly.com/floorplan3).
"The building presented an opportunity to showcase quality planning and engineering to create an environment ideal for growing cannabis in the desert. Many people have tried but not all of them have succeeded," says David Gwyther, acting American Green president. "Growing is an art as is building design; For some reason the two don't always mesh to make an optimal grow facility. The way our team has set up the property to effectively use the available space will allow American Green's cultivation partner to enjoy yields conservatively placed at well over 1,000 pounds of legal medicine annually. At current wholesale prices, we project a yield of about $1,500,000 in gross revenues for our first American Green grown facility," Gwyther concludes.
Meeting the standards of both the City of Phoenix and the State of Arizona, while maximizing our grow potential, is always a challenge for an inner-city cultivation facility, but the architects, builders, and growers were able to reach a 'meeting of the minds' and accomplish what was previously thought to be a very demanding undertaking. Being an active participant in the cultivation community has its own reward in addition to creating a revenue-generating potential.
Invitations will be extended to any shareholder with time to undertake a walk-through of the project before the end of October. Photos and updates of our sustained progress will be forthcoming on Twitter, Facebook, and the Company's website.
Anyone wishing to learn more about the American Green Machine is encouraged to contact the company. The company welcomes any input or positive information that could improve users of the American Green Machine platform.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news.
Shareholders and interest holders may also stay current with American Green Updates:
Twitter: @American__Green (two underscores), or
Facebook: https://www.facebook.com/americangreenusa
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products -- spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Contact:
American Green, Inc.
Investor Relations
1221 W Warner Rd, Suite 103
Tempe, AZ 85284
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
The American Green Machine Roll-Out Attracts Valued and Capable Partners
Oct 05, 2016
OTC Disclosure & News Service
-
The American Green Machine Roll-Out Attracts Valued and Capable Partners
TEMPE, AZ--(Marketwired - Oct 5, 2016) - American Green, Inc. (OTC PINK: ERBB) is pleased to announce that its "reboot" of the American Green Machine has garnered the attention of partners and participants whose experience, merit, and previous successes will greatly enhance the anticipated rollout of the American Green Machine (V.3). As many of our longer-term shareholders have already noted, the United States (the world's largest vending market) has been slow to embrace "Smart" vending technology in all its forms. This hindered the company when it first introduced "smart" vending via the ZaZZZ machine but has enhanced American Green's opportunities during this 'market-acceptance lull' in the US because the technology incorporated into these sophisticated vending platforms and applications has been constantly improving and increasingly reliable.
Under an exclusive license from Pan Pacific international (the division that was spun out by American Green as a dividend to its shareholders several years ago), ERBB now has secured innovative, protected process patents, high-end biometrics used by companies such as Diebold to secure safe deposit boxes, distribution partners including some with worldwide footprints, an aftermarket machine manufacturer who is well-known and capable, and a software partner whose products are used in 35 countries today.
"For a business to be successful, it must constantly adjust to market conditions...especially in newly emerging market segments such as 'Verified Vending.' Unlike other businesses, verified vending is not 'settled science,'" said David Gwyther, chairman and acting president of American Green.
"We are now seeing the US market catch up with the rest of the world regarding our technology. I believe that Pan Pacific and American Green have made that wait come to an end... finally," says Lindel Creed of VendWeb (www.vendweb.com), American Green's machine engineering partner.
"We have worked hard and for many years to produce a truly effective and unique product in the smart vending market. There are many vending machines but very few that do what Vendron(tm) allows them to do. It has been embraced in many countries and the opportunity that American Green presents will allow us to go deeper into the US market," added Yong Khun Loh of Silkron (www.silkron.com). "Having a forward thinking partner that embraces what we've created and supports what we do is a win for both companies," he concludes.
Anybody wishing to learn more about the American Green Machine is encouraged to contact the company. The company welcomes any input or positive information that could improve users of the American Green Machine platform.
Be sure to visit the company's website at www.americangreen.com and sign up for the company's emails alerts to stay current on news.
Shareholders and interest holders may also stay current with American Green Updates:
Twitter: @American__Green (two underscores), or
Facebook: https://www.facebook.com/americangreenusa
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 one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green's mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products -- spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.
Contact:
American Green, Inc.
Investor Relations
1221 W Warner Rd, Suite 103
Tempe, AZ 85284
480-443-1600 X555
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
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