$ERBB news alert! Jul 09, 2020 (GLOBE NEWSWIRE via COMTEX) -- PHOENIX, AZ, July 09, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- American Green (ERBB:OTC) announced today that its Online CBD Store experienced positive growth last quarter compared to Q2/19 while also improving its revenue and gross profit month-over-month when comparing the individual months of May 2020 and June 2020. Online sales from the Company's most recent quarter ending June 30 were 31% higher than the same quarter in 2019. When comparing the June 30th quarter to its previous quarter ending March 31, the company showed an increase in sales of 24%. The company will continue to implement its successful formula and believes that doing so will improve shareholder value.
According to Kevin Davis, American Green's Vice President of World Online Sales, "I credit our successful growth to always being available to our customers by phone or email, to answer their questions or concerns, our talent for researching and delivering only the highest grade CBD-infused products available anywhere, and delivering them to our customers at a reasonable price. Our laser-focus in these areas has resulted in retaining a very high return-customer ratio resulting in reduced customer acquisition costs."
Additionally, the American Green CBD Store has separated itself from the pack by being responsive to market demand with respect to product selection. To clarify, American Green currently provides one of the strongest and highest grade CBD Capsule strengths on the market. Our 250MG CBD Capsules contain 250MG of pure CBD per dose. They are competitively priced and currently top search engine result pages based on their price, quality, and unique formulation.
American Green's CBD division is slated for continued growth as it expands into other products and extracts. The company also currently offers CBD Isolate, Water Soluble CBD and Broad Spectrum CBD (which includes a full range of cannabinoids and terpenes, without the presence of THC).
According to Kevin Davis, American Green's Vice President of World Online Sales, "I credit our successful growth to always being available to our customers by phone or email, to answer their questions or concerns, our talent for researching and delivering only the highest grade CBD-infused products available anywhere, and delivering them to our customers at a reasonable price. Our laser-focus in these areas has resulted in retaining a very high return-customer ratio resulting in reduced customer acquisition costs."
Additionally, the American Green CBD Store has separated itself from the pack by being responsive to market demand with respect to product selection. To clarify, American Green currently provides one of the strongest and highest grade CBD Capsule strengths on the market. Our 250MG CBD Capsules contain 250MG of pure CBD per dose. They are competitively priced and currently top search engine result pages based on their price, quality, and unique formulation.
American Green's CBD division is slated for continued growth as it expands into other products and extracts. The company also currently offers CBD Isolate, Water Soluble CBD and Broad Spectrum CBD (which includes a full range of cannabinoids and terpenes, without the presence of THC).
