$ERBB -On Alert! Nice news/ press release today! American

New Post Public Reply Private Reply Replies (0) Message Board
stockstein
144
$ERBB -On Alert! Nice news/ press release today! American Green ($ERBB:OTC) is On-Target to Have Its Best Year Yet

GlobeNewswire•June 10, 2020


Cannabis Grow Management, Online CBD Sales, and Smart Vending Division all set to break revenue records in 2020 compared to 2019.
PHOENIX, AZ, June 10, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- American Green (ERBB:OTC) announced today that the strategic shifts that began in 2019 are now paying dividends in every division. According to David Gwyther, president of American Green, “During 2019 and early 2020, the company had to make changes in every division to accommodate the changing marketplace. I’m pleased to report that those changes resulted in each division’s revenue improvements compared to the same periods over the previous year.”
VP of CBD Worldwide Sales, Kevin Davis, said, “The key to the success of the American Green Online CBD Store is a combination of Top-Shelf Customer Service, The Integration of Technology, Competitive Pricing, Easy Payment Options, and Product Selection. Since our online CBD Store first opened 3 years ago, our growth has been primarily driven by our extreme sensitivity to customer feedback -- by listening very, very carefully. Whether that means incorporating a capability to quickly respond to customer questions via email or phone, and making damn sure our customers know that they’re getting the best CBD available and are 100% satisfied, even if that means staying on the phone with them until they get all the information they need.”
“Every customer is unique to us and when our store employees show them the courtesy of our unrushed time -- whether by email or phone, it is the only way we know of guaranteeing that our loyal base returns to us. Other companies talk about achieving goals like these, but we, at the American Green CBD Store live this ‘customer-driven lifestyle’ every day,” concludes Kevin.
According to Bryan Croteau, American Green’s VP of Grow Operations, “As the world comes out of quarantine and things get back to the ‘new normal,’ American Green’s ‘Sweet Virginia’ is turning out some of the highest grade cannabis found in Arizona and is hard at work upgrading its production facility while producing American Green’s newest cannabis product line. Our Sweet Virginia facility is proud to announce that the first wave of American Green Full Spectrum Solventless Concentrate products have hit the retail shelves at the Kind Meds licensed dispensary located at 2152 South Vineyard, Suite 120, Bldg 7, Mesa AZ 85210.”
American Green’s Sweet Virginia grow operation is most proud of its Ice-water-extracted Bubble Hash which is also known as “Full Melt,” because it leaves no residue when compared to standard hash which has been made the same way for hundreds of years. According to Mr. Croteau, “Our special process manually removes the THC trichomes using nothing but ice and water and produces one of the safest and most natural concentrates available anywhere. If you are a current medical patient in the State of Arizona, we highly recommend a trip to Kind Meds for an opportunity to taste our best grown flowers in the form of concentrate! I would call first before making the trip to ensure that the American Green Bubble Hash has not been sold out, as we anticipate high demand for this premium product.”
The Sweet Virginia Grow has also recently added 10% of canopy space as an additional flower room thus enabling the operation to increase its revenues by about 10% per annum. This new space will allow for production of an extra 240 plants every 8 weeks. We are also constantly streamlining tasks to be as efficient as possible, which has allowed us to cut our current payroll costs by about 12% when compared to last quarter.
The American Green Machine (AGM) Division has been working to add new features to its Smart Vending Kiosk such as lower risk touchless shopping which will allow vending customers to utilize a QR Code and be able to use their own cell phone to interact with our AGM Kiosk. Employing “Covid-19 Sensitivity,” customers will no longer need to touch the machine to view the AGM’s products with the goal of allowing customers to complete their entire transaction on their smartphone. This new feature has been designed to be “backwards compatible” thus enabling the feature to be available for existing machines already in service and is now ready to rollout. According to AGM Division VP, Lindel Creed, “We are very excited with the progress of the AGM kiosk as sales increase this year and more customers become convinced that the AGM is the best verified vending system on the market.”
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Frontera Energy's Q3 Results Call: Key Insights Ahead

Updated Category News Views 144

What to Expect from Frontera’s Upcoming Call Frontera Energy’s got a date with the earnings table, and it’s set for November 11. The story here is about anticipation, folks. This Canadian energy player will lay its third-quarter results bare soon as trading wraps up. They’ll be breaking the nitty-gritty down in a call with the analysts that follows the next day,...

Continue Reading
Hanwha's Big Bet: Tokenizing Real-World Assets with Chainlink

Updated Category News Views 39

Hanwha and Chainlink: A Game Changer in Tokenization What do Hanwha Investment & Securities, a heavyweight in Korea's finance scene, and Chainlink, the wizard of onchain finance, think they're up to? They're buddies now, locked and loaded, to tokenize real-world assets (RWAs). They're not just shaking hands; they're aiming to jiggle the global finance bedrock....

Continue Reading
W.E.B. Du Bois Documentary Ignites Voting Rights Discussion

Updated Category News Views 25

The Lasting Resonance of W.E.B. Du Bois When we think about the fight for democracy, the legacy of W.E.B. Du Bois is bound to pop up. Thanks to director Rita Coburn, his legacy gets a full-on showcase through her latest documentary, W.E.B. Du Bois: Rebel With a Cause. This piece isn't just about looking back—it's about turning history into a mirror reflecting today's...

Continue Reading
Human Judgment Crucial Amid AI Growth in Courts

Updated Category News Views 127

AI in the Justice System: Balancing Potential and Pitfalls You know, when it comes to upholding justice, there's a line between what machines can handle and what only a human can bring to the gavel. Chief Justice Sundaresh Menon of Singapore threw the spotlight on this at an event in Brisbane, hammering home the need for good ole human intuition in the courtroom even as...

Continue Reading
FDA Greenlights VELO: A Turning Point for Reynolds?

Updated Category News Views 33

FDA Decision: A Big Win for Reynolds American Boy, am I seeing a shift in the winds. The FDA's green light for VELO nicotine pouches adds a fresh feather to Reynolds American's cap. In a gritty industry like tobacco, getting FDA's nod ain't just about safety; it’s a strategic leg up against traditional smoke. My gut tells me this isn't just about keeping pace. It's...

Continue Reading
Food Emulsifiers Surge: Market to Hit $5.60B by 2031

Updated Category News Views 72

Forecasting Growth in Food Emulsifiers Picture this: the food emulsifiers market is steaming ahead, anticipating a thunderous boom from $4.43 billion in 2026 to a whopping $5.60 billion by 2031. According to recent estimates, that's a steady clip at a CAGR of 4.8%. If you're thinking that's just more industry chatter, let's peel back the layers and see what makes this...

Continue Reading
Novelis Readies for Q2 Earnings Amid Global Market Focus

Updated Category News Views 36

Amid the ever-turbulent waves of industrial demand and environmental expectations, Novelis Inc. is set to lay bare its fiscal cards for Q2 of 2027. Circle November 5 on your calendar—this is when Steve Fisher and Dev Ahuja aim to sift through the heaps, scrutinize numbers, and spell out their game plan for investors via a conference call. Get your coffee ready for this...

Continue Reading
AbbVie's Q3 2026: Strong Performance and Bold Moves

Updated Category News Views 28

A Deep Dive into AbbVie's Q3 2026 Numbers Bruised and battered from the ebbs and flows of the market, AbbVie (NYSE:ABBV) decided to show up in swagger mode for the third quarter of 2026. They doubled their diluted EPS year over year with a GAAP figure hitting $2.37, backed by an adjusted EPS of $3.82. You're seeing the fruits of savvy expansions and a portfolio that seems...

Continue Reading
Triskell's 2026 Update: AI Leverages Portfolio Data

Updated Category News Views 58

Triskell's Strategic AI Leap Forward Forget the old grind of manual data tinkering—Triskell Software's latest AI enhancements in their 2026 SP2 release are setting a new stage. The Spain-based outfit is tweaking their Project Portfolio Management tools under the hood to suit modern instincts. It seems like portfolio management is getting a brain boost with some added AI...

Continue Reading
Cohen Veterans Network Invites Americans to Honor Veterans

Updated Category News Views 40

Cohen Veterans Network Launches "Call to Honor" Initiative The struggle to adequately acknowledge the sacrifices of veterans isn't new, but Cohen Veterans Network (CVN) is trying something a little different this time. "Call to Honor," a gratitude hotline, isn't just another method of saying "thanks"—it's a more profound communication channel for Americans to express...

Continue Reading

Top 5 Most Recently Viewed Articles

Jack Dorsey Calls Tesla's Cybertruck the Ultimate Machine

Updated Category News Views 286

Jack Dorsey Hails the Cybertruck as a Superior Electric Vehicle Recently, Block Inc. CEO and Twitter co-founder Jack Dorsey expressed admiration for Tesla Inc.'s innovation by referring to the Cybertruck as "the best robot out there." This comment resonates with the growing anticipation surrounding Tesla's electric utility truck, which stands out for its advanced...

Continue Reading
Planview Enhances Software Delivery with Plutora Acquisition

Updated Category News Views 153

Planview's Strategic Acquisition of Plutora Planview has made a major move by acquiring Plutora, a step aimed at enriching its product offerings. As a leader in Strategic Portfolio Management (SPM) and Digital Product Development (DPD), Planview is eager to harness Plutora's advanced Value Stream Management (VSM) solutions to bring great value to its customers. Reasons...

Continue Reading
SoFi Innovates Payments with Galileo's Cyberbank Core Technology

Updated Category News Views 287

SoFi Technologies Transforming Payment Services SoFi Technologies, Inc. (NASDAQ: SOFI) has recently announced a significant upgrade to its payment service offerings by adopting Galileo’s advanced cloud-based Cyberbank Core. This powerful technology is set to enhance a variety of payment solutions, including debit, prepaid, ACH, and wire transactions for its commercial...

Continue Reading
Top Financial Headlines: Key Insights from September 2025

Updated Category News Views 258

Key Financial Developments: A September Recap September proved to be a pivotal month in the finance sector, showcasing a variety of noteworthy press releases. This recap focuses on significant developments that shaped the industry, highlighting major mergers, innovative funding strategies, and the ongoing transformation fueled by AI technology. Major Mergers and...

Continue Reading
Lerøy Seafood Group ASA Announces Ex-Dividend Information Today

Updated Category News Views 244

Ex-Dividend Announcement for Lerøy Seafood Group ASA Lerøy Seafood Group ASA has officially announced that its shares will trade ex-dividend today, meaning that shareholders will receive NOK 2.50 per share. This adjustment marks an important date for investors looking to benefit from this dividend. Understanding Ex-Dividend Dates It's crucial for investors to grasp the...

Continue Reading