TEMPE, AZ--(NewMediaWire - Oct 11, 2016) - American Green, Inc.
(OTC PINK: ERBB) is very happy to announce that after six
weeks of planning and reconfiguring its building in Phoenix, the
first permits are in place, and building renovation can now be
completed. Like all construction, the exact dates can only be
estimated, but the company believes it can be ready to 'veg' in
December with the first harvest coming in March. The project is
fully financed and the results of having a first harvest in the
Spring are projected to cover all pre-harvest start-up and other
ongoing expenses. The floorplan for our newest facility can be
viewed here (http://bitly.com/floorplan3).
"The building presented an opportunity to showcase quality
planning and engineering to create an environment ideal for growing
cannabis in the desert. Many people have tried but not all of them
have succeeded," says David Gwyther, acting American Green
president. "Growing is an art as is building design; For some
reason the two don't always mesh to make an optimal grow facility.
The way our team has set up the property to effectively use the
available space will allow American Green's cultivation partner to
enjoy yields conservatively placed at well over 1,000 pounds of
legal medicine annually. At current wholesale prices, we project a
yield of about $1,500,000 in gross revenues for our first American
Green grown facility," Gwyther concludes.
Meeting the standards of both the City of Phoenix and the State
of Arizona, while maximizing our grow potential, is always a
challenge for an inner-city cultivation facility, but the
architects, builders, and growers were able to reach a 'meeting of
the minds' and accomplish what was previously thought to be a very
demanding undertaking. Being an active participant in the
cultivation community has its own reward in addition to creating a
revenue-generating potential.
Invitations will be extended to any shareholder with time to
undertake a walk-through of the project before the end of October.
Photos and updates of our sustained progress will be forthcoming on
Twitter, Facebook, and the Company's website.
Anyone wishing to learn more about the American Green Machine is
encouraged to contact the company. The company welcomes any input
or positive information that could improve users of the American
Green Machine platform.
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.