Tempe, AZ
- December 02, 2014 - InvestorsHub NewsWire - American Green,
Inc. (OTC
PINK: ERBB) announced today the results of an
independent test at Oaksterdam University marking the most recent
and prestigious third party independent verification of one of its
signature Cultivation Division products, the Jurassic Oxygenation
Watering System (JOS). In several preliminary cannabis cultivation
trials, the JOS had shown a significant net increase by weight in
the final trimmed and dried end product. As anticipated, this
latest official test confirmed those initial trials. The JOS
produced an increased yield by weight of no less than 8.3%,
resulting in a minimum increase of 20-30% in net revenue,
throughout the eight-week, strain specific (Green Cush 90/10
Sativa) study. These results should have an exciting effect at all
levels of the industry, and, more importantly, directly increase
bottom line profits of growers.
The test was conducted
in the Horticulture lab at Oaksterdam University in Oakland, CA, an
internationally recognized Cannabis College (https://oaksterdamuniversity.com/). Founded by
long-time cannabis activist, Richard Lee in 2007, Oaksterdam
University is considered THE preeminent center of higher learning
relating to the cultivation, technology, and techniques made
available to those individuals in the serious pursuit of a career
in the cannabis Industry. The University also doubles as a hub for
cannabis activism for both the state of California and the entire
country.
The report was
submitted by Noah Hirsch of Oaksterdam University who went on to
say:
"Even with this
limited test it is apparent that [American Green's] JOS has a
beneficial effect on flower production in indoor cultivation. With
proper application it is my position that the JOS could easily
surpass a 10% increase in yield over non-JOS cultivation. I look
forward to running a new test that incorporates the lessons learned
from this initial test. This system is great, and the results speak
for themselves."
Mr. Hirsch is the Lead
Horticulture Lab Technician and an O.U. faculty member. Qualitative
analysis and side-by-side photographs were conducted regularly to
document any differences between a traditional method of
cultivation and that very same method with the inclusion of JOS.
The resulting document can be viewed here: http://americangreen.com/oaksterdam-jos-test-results.
The test looked primarily at overall cannabis plant health and
flower productivity during the vegetative and flowering stages and,
most importantly, after harvest when the final weight of dried and
trimmed flower produced was measured.
According to Stephen
Shearin, President of American Green, "These test results reinforce
the tremendous amount of confidence that we have in our cultivation
division. The Jurassic System is one of the core products of this
division, and we anticipate it becoming an absolute necessity...
not only in cannabis cultivation, but in general agriculture as
well. Even 8% applied directly to the bottom line represents
20%-30% net revenue increase. Who wouldn't want that? We are
certainly grateful to Oaksterdam and its staff for their
participation in this testing and the professional manner with
which it was conducted."
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, Corp.
American Green, Corp., became one of the first
publicly traded technology companies in the medical cannabis
industry in the world, beginning in 2009, with the introduction of
the ZaZZZ machine for automated, age-verifying dispensing of
cannabis-based medicines. Our mission is to be the cannabis &
industrial hemp industry, seed-to sale innovator, leveraging our
team of professionals, as well as value-added companies and
products -- spanning cultivation, manufacturing and extraction,
retail, and community outreach. We strive to develop sustainable
businesses, while increasing shareholder value, and awareness
beyond our industries.