$ERBB -Latest News Release $ERBB is On-Target to Have Its

New Post Public Reply Private Reply Replies (0) Message Board
stockstein
166
$ERBB -Latest News Release $ERBB is On-Target to Have Its Best Year Yet

GlobeNewswire•June 11, 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 11, 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-extractedBubble 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.”

If you are an experienced vending route operator serving a major market and wish to add a complete line of fully legal CBD products to your existing route, you should contact Mr. Lindel Creed at American Green’s AGM Vending Division located in Gastonia, North Carolina. You can email Lindel at lindel@americangreen.comor call him on his direct line at 704-718-3158.
Continue reading
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Greek-Serbian Ties Strengthen Ahead of EXPO 2027

Updated Category News Views 30

Athens Networking Event: A Prelude to EXPO 2027 Buzzing with energy and the clinking of glasses, a meeting in Athens is doing what business folks love best—schmoozing and planning. Greek and Serbian representatives gathered up to lay the groundwork for EXPO 2027 Belgrade, and boy, was it all business. But hey, in our money-driven world, biz doesn't wait for Expo days to...

Continue Reading
ZKONG, Hagebau Push ESLs in European Retail Revamp

Updated Category News Views 88

ESLs: The Next Step in Retail Revamp Here’s the scoop: ZKONG and hagebau are making waves in the retail scene over in Germany. They’re bringing in Electronic Shelf Labels (ESLs) to kick traditional price tags to the curb. What started as a shake-up in supermarkets now rolls into the world of home improvement retail—headline by hagebaumarkt in Selb after nearly half...

Continue Reading
Rockford Fosgate Elevates Marketing Maverick to Lead Role

Updated Category News Views 87

Changing the Guard in High-Performance Audio Marketing Out of Arizona, we get a shake-up that feels like a no-brainer for anyone in the high-performance audio market. Rockford Fosgate decided to elevate Tammy Lowe to the Vice President of Marketing role, effective immediately. With nearly four decades under her belt at the sunny Tempe-based HQ, it's hard to argue with the...

Continue Reading
Randi Cruz Steps Up as CFO at Bridge Legal

Updated Category News Views 47

A Key Milestone for Bridge Legal Here's a juicy tidbit for you: Bridge Legal is shaking things up by promoting Randi Cruz to Chief Financial Officer. It's a big deal, folks, especially when you consider that this company is one of those movers and shakers in the legal tech world. Randi's journey at Bridge Legal hasn't been a walk in the park, but more of a strategic...

Continue Reading
Innovative Sonar System Seeks to Simplify Fishing Boats

Updated Category News Views 81

Navigating the Clutter on Fishing Boats You ever try setting up a sonar system on a fishing boat? It's like untangling a mess of Christmas lights. The cables, the hubs, the separate units—it’s chaos. Here's where a crafty inventor from Zumbro Falls, Minnesota, steps into the ring with an idea that's as refreshing as an ice-cold beer on a summer’s day: a centralized...

Continue Reading
Geolava, Vaidio, Sensoneo Triumph in Texas Pitch Contest

Updated Category News Views 98

North Texas Lights the Innovation Torch Big moves are happening in North Texas, with a pitch competition that's more than just smoke and mirrors. We're talking about an arena where regional challenges meet cutting-edge solutions, and out of a global mix, Geolava, Vaidio, and Sensoneo snagged the 2026 North Texas Connected Innovation Pitch Contest crown. It's high stakes...

Continue Reading
Sodium-Ion Tech Showcased by Aeson Power in Melbourne

Updated Category News Views 81

A Shock to the System: Sodium-Ion's Rising Star If you're tired of hearing about lithium, Aeson Power just gave us a much-needed jolt at All Energy Australia 2026. This isn't just some new fad—they've proven the real-world chops of sodium-ion technology across energy storage and automotive platforms. At the Melbourne show, they laid out their goods, showing how this...

Continue Reading
Webull Faces Class Action: Investor Impact Deep Dive

Updated Category News Views 115

What's Going On with Webull? Ah, Webull Corporation, you're in the hot seat now. If you blinked on October 7th, you might have missed a monumental 19.09% cliff dive in Webull's stock, tumbling down to a humble $5.89. The roar wasn't just the market reacting; it was the sonic boom of a class action lawsuit on their heels, alleging some slick legal sledding with misleading...

Continue Reading
Xerox Faces Probes After $130M Profit Forecast Slash

Updated Category News Views 61

When the Trust Breaks October 29, 2026 was a gut punch for Xerox investors. Watching the outlook dive by $130 million, the coffee-feeling in the trading rooms turned into something more bitter. A $105 million boost they once celebrated from tariff receivables now seems to be a fleeting shadow, as Xerox itself scuttles its adjusted operating income for 2026 to a range of...

Continue Reading
Banco Santander's Troubles: Legal Heat on SAN

Updated Category News Views 90

Brazilian Turbulence Shakes Banco Santander Imagine getting hit twice in a single week, once by a surprise election result and again by numbers that don't add up. That's the gut-wrenching scenario Banco Santander's (NYSE: SAN) investors are facing. After Brazil's unexpected election outcome, investor jitters translated into a 3.7% drop on October 26, 2026. Not two days...

Continue Reading

Top 5 Most Recently Viewed Articles

Healthcare Cloud Computing Market Set to Surpass $277 Billion

Updated Category News Views 120

Overview of the Healthcare Cloud Computing Market The healthcare cloud computing market has positioned itself as a vital segment in the global technology landscape. With a valuation of USD 54.34 billion in 2024, this sector is on a remarkable growth trajectory, projected to reach approximately USD 277.26 billion by 2034. This represents a compound annual growth rate...

Continue Reading
Understanding SoundHound AI Options: A Bullish or Bearish Future?

Updated Category News Views 193

Understanding the Market Sentiment Around SoundHound AI Investors with substantial capital have shown a cautious outlook regarding SoundHound AI. The analysis of recent options trading reveals various perspectives about the future performance of the company. Insights from Options Trading for SoundHound AI (NASDAQ: SOUN) A close look at the options data for SoundHound AI...

Continue Reading
Elevest Capital Completes Strategic Acquisition of Fund 64

Updated Category News Views 241

Elevest Capital Completes Strategic Acquisition of Fund 64 Elevest Capital, a distinguished private equity firm specializing in multifamily real estate, is excited to announce the successful completion of Fund 64. This significant achievement involves the acquisition of a 240-unit B+ multifamily community located in a thriving area of Charlotte. The deal underscores...

Continue Reading
Palantir Stock Surges: A Look at Its Future Potential

Updated Category News Views 144

Palantir Stock Experiences Significant Gains Palantir (NYSE: PLTR) has seen a remarkable rise in its stock price, with an impressive increase of 11.7% during the trading day. This surge is closely linked to the announcement of its inclusion in the esteemed S&P 500 index, which typically reflects a company's strong performance and optimistic outlook. The Significance of...

Continue Reading
CVS Health Under Fire: Fiduciary Duty Breach?

Updated Category News Views 21

CVS Under Regulatory Spotlight for Fiduciary Breaches You'd think by now companies would have their fiduciary ducks in a row. But here we are, with CVS Health Corporation (NYSE: CVS) catching heat from the legal eagles over at Halper Sadeh LLC. The knife’s out for some of the big wigs – apparently, there's chatter they might’ve slipped on their duty to play nice...

Continue Reading