PHOENIX, AZ--(NewMediaWire - Dec 14, 2016) - American Green,
Inc. (OTC PINK: ERBB) announced today that with the BlazeNow
arrangement and the resulting sales, orders for the American Green
Machine (AGM), and with its online store relaunching in the Amazon
Marketplace on Thursday, expected revenues for the first quarter of
the new year should be in its best quarter to date. The projected
sale of over thirty American Green Machine (AGM) units will make up
a substantial amount of the quarter's revenue and account for more
than half of its revenue until the cultivation facility is fully
operational. The expansion of the "AGM Machine" into markets
other than cannabis has already presented much larger opportunities
than were available by being wedged into a single sector.
With a licensed commercial contractor selected, a cultivation
license in place, and the recent extension to its variance approved
by the City of Phoenix, the permit for the engineered site-plan is
the only thing remaining to allow the company to expedite the
facility's completion. Much of the construction has already been
done off-site and will be shipped in the next month.
"American Green's new relationship with BlazeNow -- the MJ
dispensary locator for Android and iPhone users -- is off to a
great start. The company projects signing up more than 145
dispensaries planning to purchase listings beginning in Arizona,
Illinois, Michigan, Maine, Rhode Island and Massachusetts next
quarter," says David Gwyther, ERBB's acting president and chairman.
"Our venture with BlazeNow is only weeks old and we're already
witnessing a tremendous amount of enthusiasm from our potential new
dispensary clients."
As announced last week, The American Green company store will be
opening this week featuring its proprietary line of cannabidiol
products including American Green Infused Balm, Tincture designed
primarily for humans, and peanut butter, blueberry or tuna treats
for dogs and cats. The company is working on methods of making
online buyers aware of our fantastic CDB products and believe sales
will start almost immediately and increase from there. "The past
year's labor is visibly paying off," remarked David Gwyther. "For a
variety of reasons including the termination of previous
management, the company is now re-focused on revenues and
acceptable margins. With focus on core competencies and the
capable leadership of our new chief operating officer Patrick
Carrigan as well as his staff, American Green will be able to make
2017 our best year to date," concluded Mr. Gwyther.
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. The company has
over 6,500 shareholders and interest-holders on its private list
and the list is growing every month. In addition, shareholders
can join in the conversation here: https://otc.watch/groups/american-green-inc-erbb/forum/.
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, the largest shareholder base of any cannabis-related
public company in the US, 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.