TEMPE, AZ--(NewMediaWire - Sep 20, 2016)
- American Green, Inc. (OTC
PINK: ERBB) consolidated its primary office with its
Phoenix cultivation site to achieve the greatest operational
efficiency for both its current and future
undertakings. Besides the future grow facility revenue
expected at the site, day-to-day engagement with the process has
already produced up to three additional locations for duplication.
By reducing to dedicated staff who are willing to work building
real company value and a willingness to be on location, the company
is already experiencing positive growth. The location of the
facility will be made public once the signage is up and
site-insurance riders are in place. In spite of the current trend
to hide such locations, American Green is confident that its
security measures will enable the company to be as transparent in
its progress as it can be. The goal is to allow shareholder tours
throughout the facility beginning sometime in October.
"After a month of analysis, the Board of Directors and
consulting staff have determined that the past plan needed a
serious overhaul favoring simplicity and speed," says David
Gwyther, American Green chairman and acting president. "The move
comes at a time when both the company and market forces require
steadfast, focused effort and commitment to a clear plan designed
to insure overall corporate health when the inevitable upswing
arrives which will likely benefit those cannabis-connected
companies left standing. There are some that over-build because
they can, and those that can't quite achieve lift-off. Our numbers
show that for who we are and where we are, this is the best
possible scenario," Gwyther concludes.
Incorporating fundamental, yet quality building methods with
state-of-the-art materials, the site will feature consistency in
temperature and humidity, a comprehensive plan for security and
hygiene, a limited number of strains targeting primary needs for
medicinal marijuana, and an adequate space to expand into the
higher-margin extraction business. In a forthcoming update
coinciding with the issuance of a Certificate of Occupancy
(necessary to begin legal cultivation), American Green's Phoenix
grow facility will publish estimated yields and subsequent revenues
based on actual spaces that are built and operational. With the
November election and the possibility to legalize 'recreational'
cannabis, the company believes its current estimates are
conservative with a primary goal of operating in the "black" within
six months of putting the first plants in their grow medium.
In other news, The American Green Machine is back. Watch
for pending news of the Company's proprietary next-generation
automation system. Demand has caught up with the idea for verified
vending of restricted products and the company believes it is
positioned to meet and expand on the energized market and growing
potential for clients throughout America.
Be sure to visit the company's website at www.americangreen.com and sign up for the
company's emails alerts to stay current on news.
Shareholders and interest holders may also stay current with
American Green Updates:
Twitter: @American__Green (two underscores), or
Facebook: https://www.facebook.com/americangreenusa
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. Now, with over 50,000 individual
shareholders, American Green's 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.