$ERBB -On Alert! Todays News/PR! American Green ($ERBB:OTC)

New Post Public Reply Private Reply Replies (0) Message Board
stockstein
326
$ERBB -On Alert! Todays News/PR! American Green ($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

La Compagnie Unveils NYC-Düsseldorf Flight Plans

Updated Category News Views 2

A new chapter is unfolding in the skies over the Atlantic. La Compagnie is gearing up to connect New York to Düsseldorf with a direct, all-business-class flight starting in Spring 2027. This move is ambitious, tapping into the bustling economic energy present across the North Rhine-Westphalia region—an economic powerhouse littered with U.S.-affiliated businesses. A...

Continue Reading
Advenica: Rising Star in Secure File Transfer Market

Updated Category News Views 0

Advenica's Ascent in Secure File Transfer The cybersecurity world never sleeps, and with the rapid pace of digital threats, it's no surprise that secure file transfer solutions are becoming hotter commodities than coffee pots on Wall Street. Advenica, a name that might not ring a bell for everyone, has emerged as an 'Emerging Leader' in MarketsandMarkets' latest...

Continue Reading
Beazer Homes Sale Scrutinized for Shareholder Impact

Updated Category News Views 1

Spotlight on Beazer Homes' Proposed Sale Here's a real head-scratcher for folks in the stock trenches: Beazer Homes USA, Inc. (NYSE: BZH) finds itself under the microscope with Halper Sadeh LLC stirring the pot. You can't make this up—just another day in the world of investor rights and looming litigation. Questions Arise Over Shareholder Gains Halper Sadeh LLC, that...

Continue Reading
vivo and UNESCO Unite Youth for Nature Stories

Updated Category News Views 3

Young Creators Explore Nature Through a New Lens Pontremoli, Italy just became the backdrop for an extraordinary gathering of young visionaries. From August 31 to September 5, UNESCO’s Man and the Biosphere (MAB) Programme and vivo wrapped their 2026 Capture the Future initiative in the lush landscapes of the Appennino Tosco Emiliano Biosphere Reserve. It’s one thing...

Continue Reading
Navimow Powers TOP 14 with Tech: A Winning Play

Updated Category News Views 4

A Technological Leap for French Rugby Innovation and precision in partnerships—those words don't usually pop up together when chatting about a rugby league. But here we are, discussing the TOP 14, the elite French rugby championship, pairing up with Segway Navimow. This brand, under the umbrella of Ninebot Limited (689009.SH), is stepping into the world of sports for...

Continue Reading
Reliable Safety & Flow: A New Era in Infrastructure

Updated Category News Views 1

Seismic Merger: Reliable Sprinkler and ASC Join Forces When two companies with roots stretching back to the 1800s decide to merge, it's not just a business move—it's a bold statement. Reliable Automatic Sprinkler and ASC Engineered Solutions, with over 175 years of combined innovation, have officially become Reliable Safety & Flow Corporation. This ain't just a...

Continue Reading
BYD's Chip Mastery Amid China's Auto Supply Tensions

Updated Category News Views 7

Chips, the New Battleground in Automotive Innovation Here we are, folks, knee-deep in a tech-driven car revolution where semiconductors aren't just the icing on the cake—they're the cake itself. As vehicles morph into veritable computers on wheels, reliance on chips is hitting a fever pitch. FYI, it's not just about making cars go; we're talking power management,...

Continue Reading
KuCoin's KCUSD Tackles Stablecoin Idle Capital Problem

Updated Category News Views 1

KuCoin's Bold Move with KCUSD Folks, the cat's outta the bag with KuCoin's latest maneuver—introducing KCUSD. At first glance, it seems like they're just introducing another fancy stablecoin product, but peel the onion and there's more to it. We're talking about shaking up how stablecoins sit tight doing nada in the crypto world. KCUSD is out to make those idle balances...

Continue Reading
Wooree Group Pushes for Rigorous Liposome Standards

Updated Category News Views 0

Rallying for Rigorous Scientific Validation Ever find yourself pondering how many so-called 'innovative' health products really deliver what they promise? Let me tell ya, Wooree Group’s CEO, Ji-yong Yoon, ain’t buying into flimsy claims. At the Vitafoods Asia 2026 event in Bangkok, Yoon sent a clear message: Without scientific validation, calling a product 'liposomal'...

Continue Reading
Snack Bars Market to Hit $32.66B by 2031: Growth and Challenges

Updated Category News Views 1

Snack Bars Navigate a Transforming Market There's a headwind in the snack bars market as it looks to lift off from $21.94 billion and land at $32.66 billion by 2031. That's a solid climb at an 8.28% CAGR. What's fueling this leap? A desire for convenient, portable nutrition that's squeezing into every nook of modern life—from the gym to the car, to your kid's lunchbox....

Continue Reading

Top 5 Most Recently Viewed Articles

Yi Shi Celebrates Charity Lunch Win with Marc Benioff at GLIDE

Updated Category News Views 155

Yi Shi's Remarkable Achievement with Marc Benioff Yi Shi, the visionary Founder and CEO of FlashIntel, has recently triumphed in a remarkable charity lunch auction alongside Marc Benioff, the esteemed Chair and CEO of Salesforce. This event is part of the annual GLIDE Power of One Charity Lunch, which aims to generate crucial support for combating social issues like...

Continue Reading
Renaissance Technologies Expands Portfolio with Key Moves in 2024

Updated Category News Views 303

Renaissance Technologies: A Legacy of Success Renaissance Technologies has established itself as a titan in the hedge fund industry. Known for its impressive track record, the firm's Medallion Fund has achieved astonishing annualized returns of 39% from 1998 to 2021. Despite the passing of its legendary founder Jim Simons, the firm continues to make waves in the...

Continue Reading
Paragon 28 Reveals Strong Preliminary Revenue for 2024

Updated Category News Views 255

Paragon 28 Reports Preliminary Revenue Growth for 2024 Paragon 28, Inc. (NYSE: FNA), a prominent player in the medical device industry, has announced its preliminary unaudited revenue figures for the fourth quarter and the entire fiscal year ending in 2024. With its focus solely on the foot and ankle orthopedic market, Paragon 28 continues to demonstrate impressive growth...

Continue Reading
Palvella Therapeutics Embraces Growth with Q3 2025 Results

Updated Category News Views 151

Palvella Therapeutics Celebrates Third Quarter Success Palvella Therapeutics, Inc. (NASDAQ: PVLA) continues to pave the way in rare disease treatment with its QTORIN™-derived product candidates, addressing four serious skin disorders with no FDA-approved therapies available. This is a significant leap forward in providing hope to patients suffering from these...

Continue Reading
Crédit Agricole Assurances' Upcoming Notes Redemption Explained

Updated Category News Views 170

Crédit Agricole Assurances Announces Note Redemption Crédit Agricole Assurances S.A. has made a significant announcement regarding its Undated Subordinated Resettable Notes issued end January 2015. This decision marks an essential step in the company’s ongoing strategy to manage its financial resources effectively. Details of the Redemption The company has confirmed...

Continue Reading