American Green Secures Distribution Rights to Proprietary Extraction Technology
Products From This Technology Will Address All Markets and Facilitate National Expansion
TEMPE, AZ–(Marketwired – Dec 12, 2014) – American Green, Inc. (OTC PINK: ERBB) is pleased to announce that it has reached a formal agreement with Greensticks (https://www.greensticksmd.com), a San Diego-based company with a patent-pending technology for efficient extraction that combines well with electronic vaporizers. The agreement will allow American Green to license, manufacture, and/or distribute the Greensticks product globally. Certain states will be limited to distribution only, but the technology will enable American Green to easily duplicate the products available in its ZaZZZ verified-vending machine.
The manufacturing methodology and its resulting products simplifies American Green’s product offering in every state, making ZaZZZ a profit center unique and apart from any other products offered. While distribution will initially be exclusively in ZaZZZ verified vending systems, the ease of state-by-state replication, along with the consistent high quality of the product will enable Greensticks and American Green to provide continuity and rapid expansion — something that has posed a challenge for any company, like American Green, that insists on the strict adherence to federal regulations. In addition, the technique’s unique application provides for exceptional margins keeping the product line fiercely competitive while remaining extremely profitable for all parties in the sales chain.
What’s truly unique about our process is the ability to capture the essence and flavor of whatever herbal product we select. Laboratory testing has proven a 90% extraction ratio of active constituents. This provides an efficient and pleasurable delivery system that is completely controllable, allowing for a functional medication application, according to the inventor of the Greensticks system. It allows measured treatment on the medical cannabis side, and also enables us to package any herbal remedy to be delivered in this fashion. Our options are virtually limitless and legal to provide anywhere herbs are allowed.
“We have learned a tremendous amount as we’ve entered the market with our verified vending product ZaZZZ. Two key factors have been to maintain continuity of product line nationwide, and the ability to insure product quality,” says Stephen Shearin, president of American Green. “You recognize your favorite candy bar from coast to coast. Making that possible for herbs and legal cannabis not only makes the client’s experience better, but solves many, many logistical, production and tracking issues. Greensticks’ methods should prove to be a game-changer for American Green, ZaZZZ, and the market in general, even after regulations on transportation are softened. Brand recognition and trust is paramount,” Shearin concludes.
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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, 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.
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