American Green Completes IP Patent Deal for Machine Vended Product Purchases
August 25 2014 - 8:00AM
eTeligis
PHOENIX, AZ(eTeligis Inc.)
PHOENIX, AZ, United States, via ETELIGIS INC., 08/25/2014 - -
American Green (OTC: ERBB) has secured two key
patents which have strengthened the company's intellectual property
protection over the popular ZaZZZ machine and modified development
for the world's first public-facing cannabis vending machine.
The patents, numbered 6,711,465 and 7,493,190, were produced for
the purpose of safely vending age-controlled, identity-specific
items, all of which fit directly into American Green's business
plan.
"Two of our main focuses of in the medical Marijuana industry
are to safely provide high quality products to consumers, while
abiding to the strictest letter of the law. The Company believes
that these new patents clearly put us on target and make us a
leader in the industry. Acquiring these patents moves us even
closer to our goal of making ZAZZZ the top consumer-operated
marijuana vending machine in the world," says American Green's
President, Stephen Shearin.
As even more states in the U.S. continue to inch closer to
passing legislation to legalize marijuana for medical use and/or
general adult use, American Green continues to pursue new
opportunities and close deals and partnership deals that have been
in their pipeline.
"Patients are located all over, but they all know what they want
and should have immediate or, at least, unfettered access. The
ZaZZZ system is an obvious solution -- for the consumer and the
dispensary. Saving consumer's time and giving them what they want
in seconds, as opposed to waiting in lines, ZaZZZ is in high demand
by many popular dispensaries nationwide, and we have been ramping
up our technology as a result of that growing demand and aggressive
field testing," added Shearin.
"We are extremely excited to secure this valuable IP for
American Green and the future opportunities that it will help us to
secure and maintain a leading position within the growing marijuana
industry worldwide," says Shearin.
Keep in touch with American Green news updates.
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NOTES ABOUT FORWARD-LOOKING STATEMENTS
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 those
expressed or implied. Forward-looking statements may be identified
by words such as estimates, anticipates, projects, plans, expects,
intends, believes, 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
American Green (OTC: ERBB) is a retail and medical marijuana
company focused on growing cannabis businesses through the sale and
use of innovative products and solutions. Formally Altitude
Organix, American Green became the first publicly traded medical
marijuana dispensary brand in the world.
Since 2009, the company has developed retail, brand, and
commercial cultivating solutions with its licensed medical
marijuana retail dispensaries. The Company has developed an
"automated dispensary," called ZaZZZ, which will offer the
company's proprietary cannabis products to qualified adults in the
US and around the world under its "American Green" brand. Besides
ZaZZZ, the company has several media properties, a cultivation
division including Jurassic water, and is continually developing
new product and growth opportunities.
For more information, contact:
American Green, Inc.
Mr. Stephen Shearin
President
1221 W Warner Rd Suite 103
Tempe, AZ 85284
480-443-1600
stephen@americangreen.com
http://www.americangreen.com
SOURCE: American Green, Inc.
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