$ERBB recently announced that the cannabis grow operation the company manages for its Licensee, Natural Herbal Remedies, is expected to reach full production this month. The 12,000 sq. ft. grow operation, located on the west side of Phoenix, was years in the making due to myriad state and local licensing, permitting, and building modification issues, but according to David Gwyther, American Green’s president, “It was worth the wait. The facility, which we call “Sweet Virginia,” is now turning out some of the best cannabis in the state of Arizona!”
According to Bryan Croteau, American Green General Manager of Grow Operations, “This is a huge milestone for us. Developing partnerships with local dispensaries, we are now able to offer our entire product line in 28 retail locations. From our Top-Shelf offerings of flower, to our potent cannabis concentrates, dispensary patients here in Arizona are extremely excited to get their hands on a product line whose quality consistently ranks among the highest in the state.”
When asked “What’s next?” Bryan responded, “Along with offering multiple proprietary strains of flower, including many pure Sativas, we look forward to completing the licensing requirements to open American Green’s first state-licensed kitchen, and provide the public with a much anticipated edible product line such as the OG Zonka Bar. Keep an eye out in the very near future for many American Green strains, as well as multiple brands of concentrates and edibles!”
In other news, American Green’s AGM “Smart” Vending Division has redesigned its AGM Machine so that it no longer requires licensing from the Tomassi Patents # 6,711,465 and 7,493,190. The Company’s two different patent attorneys both agree that the Company no longer requires the Tomassi intellectual property to produce and sell its AGM Machine and have recommended to American Green’s AGM president, Lindel Creed, that he begin the process of applying for patents on the company’s current machine configuration, which are believed to be unique in the marketplace. That process has begun.
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Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company’s Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from thoseexpressed or implied. Forward-looking statements mayidentified by words such as estimates, anticipates, projects, plans, expects, intends, believes, be should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.
About American Green, Inc.
American Green, Inc., became, in 2009, one of the first publicly traded technology companies in the cannabis industry. Now, with over 50,000 certified, individual shareholders, more than any other company in the cannabis sector, American Green’s mission is to lead the cannabis industry. Leveraging our team of professionals in cultivation, manufacturing, extraction, wholesale, retail, and community outreach, we strive to develop sustainable initiatives, while increasing shareholder value and company profit.
Contact: American Green, Inc. Investor Relations 11011 South 48th St. Phoenix, AZ 85044 480-443-1600 X555