Offline Registered On:September 9, 2016 Topics:21 Replies:10 Been thanked:13 times
American Green Buys into Blaze Now
PHOENIX, AZ–(Marketwired – Nov 22, 2016) – American Green, Inc. ( OTC PINK : ERBB ) announced today that it has acquired an ownership position in the dispensary locator app, BlazeNow,™ which is currently available in Apple and Android app stores. The move comes as a follow-up to last year’s February 26 announcement of what was then a Joint Venture. The re-invented relationship between the two companies accomplishes several of ERBB’s stated goals in advance of releasing its own app called GreenXpress. Besides honoring its commitment to a trusted partner in BlazeNow, the opportunities presented by the investment include an immediate revenue-generating model via sales and marketing, deeper relationships nationwide with dispensaries and their patrons, and a valuable starting point to its own suite of technology apps scheduled for release in Q1 and Q2 of 2017.
“Our involvement with Blaze Now enables American Green to naturally grow its relationships with more and more dispensary business people nationwide. We believe this expanding involvement is a key component to success in any other in-market venture we look at,” says David Gwyther. “American Green’s ‘prime directive’ is the development of collateral revenues in the burgeoning cannabis industry, and the BlazeNow™ agreement accomplishes that,” continued Mr. Gwyther.
Besides the immediate revenue potential and market-relevance afforded by the Blaze Now/American Green relationship, the company is working toward developing ventures that give long-term value to ERBB shareholders. The board believes that having a stake in a quality tech offering like BlazeNow,™ with its large upside potential, could represent an investment that could grow many times over as the cannabis industry matures. American Green will also have the opportunity to generate its own associated commissionable revenues along the way, creating what ERBB believes will be a “win-win” for both, the company and for Blaze Now.
“We are happy to have American Green take on a role as an active investor. They are an established brand in the marijuana sector and have developed key relationships since entering the sector in 2009. Also they have a capable and motivated team that we believe will help speed our expansion. BlazeNow™ is a solid product in which we have put a lot of time and industry knowledge. Having assistance from ERBB will help us become a household name and be a definite benefit,” said Jeremy Carr, owner of the highly rated Exhale dispensary in Los Angeles and president of BlazeNow.™
The company is continuing its development on the American GreenXpress app as previously announced and has adapted its scope to a broader focus which will incorporate the value of BlazeNow along with other functional apps. Details of GreenXpress, help from the beta testers, and information about an app that allows remote, cashless reservations and purchases from the American Green Machine, or AGM — formerly known as ZaZZZ — will be available before the end of the calendar year.
PHOENIX, AZ–(Marketwired – Nov 22, 2016) – American Green, Inc. ( OTC PINK : ERBB ) announced today that it has acquired an ownership position in the dispensary locator app, BlazeNow,™ which is currently available in Apple and Android app stores.
I Invest in Marijuana Stocks. I also am an advocate for the responsible use of Marijuana as a medicine.
Offline Registered On:May 4, 2016 Topics:196 Replies:91 Been thanked:33 times
@mjplays@gina@mrdeepsense This is really good News for $ERBB Investors. Additionally, it means that even a conservative Marijuana investor can now purchase $MEDT and $ERBB together. $ERBB closed down 1% while $MEDT lost 25%. High Volume day for both stocks. My play is to hold $ERBB and buy all the $MEDT I can for under 0.0012. Will be coming back up as soon as the dust settles.