$ERBB - Todays Press Release! On-Target to Have Its Best

New Post Public Reply Private Reply Replies (0) Message Board
stockstein
142
$ERBB - Todays Press Release! 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

WhiteFiber's Q3 2026 Call: Key Insights Await Investors

Updated Category News Views 73

Eyes on WhiteFiber's Upcoming Earnings Call You know the drill—results call season can make or break some days for us investors. WhiteFiber, Inc. (NASDAQ: WYFI) is gearing up for their third-quarter earnings call on November 10, 2026, at 9:00 a.m. Eastern Time. As a player in the AI infrastructure game, expectations ride high. With their networks and data centers...

Continue Reading
Gate's Strong Q3: Sales Growth & Rising Margins

Updated Category News Views 28

Solid Performance Boosts Confidence Gates Industrial came out swinging with their third-quarter results for 2026, showing some financial prowess that would make even the skeptics raise an eyebrow. Net sales climbed to a hefty $903.6 million, advancing 5.6% from the same time last year. It's not just smoke—core sales jumped 5.5%, signaling they're doing a bit more than...

Continue Reading
Deciding Between Root Canal or Tooth Extraction

Updated Category News Views 56

The Battle Between Saving and Extracting Teeth No one really talks about teeth as if they hold the keys to happiness, but let’s face it, the difference between chewing a juicy steak and wincing with every bite can be the fate of a single tooth. Dr. Carey Norton from Dacula Family Dentistry breaks down when a root canal can be an oasis of hope and when extraction is the...

Continue Reading
Benewake Unveils SR Series LiDAR for Mobile Robots

Updated Category News Views 40

Wave Goodbye to Bulky Sensors Hot off the Beijing press, Benewake's got something new—the SR Series 360° 3D LiDARs, set to stir up the robotics world. They're compact, power-efficient, and packed with smarts. It seems Benewake is tapping into a juicy market with these little sensors. Sleek Design and Big Promises The SR18 and SR96 models have a lot going for them. The...

Continue Reading
Gooru AI Unveils Platform to Scale Human Expertise

Updated Category News Views 21

A New Wave of AI-Powered Solutions Hot off the press, Gooru AI's recent shindig in the heart of Dallas aimed to showcase something they call 'Digital Goorus.' Now that might sound like a newage tech gimmick but peel back the layers and you find an ambitious attempt to let folks spread their smarts without having to be everywhere all at once. Imagine being able to crack...

Continue Reading
STARMUS VIII Merges Science and Art for Change

Updated Category News Views 24

STARMUS VIII: Where Science and Art Collide Think about this: you're basking in the Canary Islands' sun, surrounded by Nobel laureates and astronauts while the riffs of Queen's Sir Brian May soar in the air. That's exactly what went down at STARMUS VIII, a week-long celebration of science and art held in Tenerife and La Palma from October 17 to 22, 2026. A jamboree of...

Continue Reading
Bybit Unveils Platform Vision at HK FinTech Week

Updated Category News Views 8

Bybit's Strategic Participation at HK FinTech Week Here’s what’s got everyone buzzing: Bybit is stepping onto the big stage at the Hong Kong FinTech Week 2026. We're talking about the crème de la crème of fintech gatherings, where the sharpest minds of the financial world mingle, munch, and strategize under the buzzing neon of Hong Kong. Bybit's involvement is no...

Continue Reading
Chemical Industry Golf Event Raises $100,000 for STEM

Updated Category News Views 0

Golf Goes Beyond the Green Picture this: industry bigwigs teeing off for a cause that actually matters. We're talking about the Swings for STEM golf tournament, where $100,000 was drummed up for the future minds that'll drive tomorrow's chemical industry. Now, that's what you call putting your money where your mouth is. This wasn't about boasting scores on the links; it...

Continue Reading
FirstService Unveils New LA Luxury Living Insights

Updated Category News Views 54

Fresh Insights from Los Angeles' Vertical Living Scene FirstService Residential is throwing the spotlight on luxury high-rises in Los Angeles with their latest episode of Skyline Sessions. Catching wind of this release feels like getting the inside scoop from the horse's mouth—it's about the finer points shaping posh city living in a bustling Californian metropolis....

Continue Reading
Modular Building Boom Shakes Up Asian Construction

Updated Category News Views 132

Building the Future, One Module at a Time What's ticking in the world of construction? Modular buildings, my friends. They're generating buzz at the Fourth Linyi Mall International Buyers Conference held last week, and for good reasons. If you're not following, China is rolling out prefabricated houses like they're the next big thing since sliced bread, leaving buyers in...

Continue Reading

Top 5 Most Recently Viewed Articles

AAON's Q2 2025 Financial Performance and Future Plans

Updated Category News Views 189

AAON Reports Strong Performance in Q2 2025 In a recent announcement, AAON, INC. (NASDAQ: AAON) reported its second-quarter results for 2025, showcasing both challenges and areas of growth. The company highlighted a slight decline in net sales, attributed to ongoing supply chain constraints and the roll-out of a new ERP system. Despite these obstacles, the demand for...

Continue Reading
CorVel Recognized Among America's Growth Leaders for 2026

Updated Category News Views 154

CorVel Corporation Shines with TIME Recognition In an exciting development, CorVel Corporation (NASDAQ: CRVL), a frontrunner in providing risk management solutions nationwide, has proudly made it onto TIME's America’s Growth Leaders 2026 list. This prestigious acknowledgment, awarded in collaboration with Statista, celebrates companies that exhibit remarkable growth...

Continue Reading
Pendulum Introduces Series to Link Entrepreneurs with Investors

Updated Category News Views 118

Pendulum Launches Founders Series Initiative Networking Initiative Aims to Foster Connections and Funding Opportunities Between Founders and Investors Pendulum, an exclusive platform for high-caliber events, has introduced the Pendulum Founders Series, an innovative networking initiative designed to bridge the gap between entrepreneurs and the investment community. This...

Continue Reading
ACRES Commercial Realty Corp. Prepares for Q3 Earnings Call

Updated Category News Views 107

ACRES Commercial Realty Corp. Set to Share Third Quarter Results ACRES Commercial Realty Corp. (NYSE: ACR) is preparing to announce its financial results for the third quarter of 2025, a significant moment for investors and stakeholders alike. The anticipated release will take place after market hours on an upcoming Wednesday, and the company is eager to keep all...

Continue Reading
Neo Pepe Coin Redefines Cryptocurrency Presale Standards

Updated Category News Views 132

Neo Pepe Coin: A Revolutionary Force in Crypto Neo Pepe Coin ($NEOP) is breaking new ground in the cryptocurrency landscape, catching the attention of enthusiasts worldwide. This innovative project redefines the traditional presale model, offering a fresh take that resonates deeply within the community. Transformative Presale Structure The unique presale strategy of Neo...

Continue Reading