Cultivation Site Poised for January Win PHOENIX, AZ–(Marketwired – Nov 3, 2016) – American Green, Inc. ( OTC PINK: ERBB) announced today that the City of Phoenix has reactivated the demolition permit which expired earlier in the year and the Company will select the lights to be used in the flower rooms later today.
The ten flower rooms are duplicates of current, successful operating cultivation sites that produce top quality product. Each room is capable of yielding 20 pounds of premium cannabis, five times a year; thus, producing a realistic 1000 pound annual yield or $1.5mm in gross revenue at current wholesale market prices. The key feature about a boutique grow facility like this is the consistency of medicinal quality flower and our ability to reproduce and achieve zoning compliance in a far greater number of potential locations.
How many rooms can we get set up in the next year?
Will similar grow facilities have the same capacity of rooms?
Will each room be able to produce 20 pounds, 5 times a year ?
In my opinion, this is the best news release your company has ever released.
When you mention the above estimates are they accounting for errors and other items that will hold growth up?