American Green Doubles Revenues Every Month Since September
TEMPE, AZ–(Marketwired – Dec 9, 2014) – American Green, Inc. (OTC PINK: ERBB) announced today that its sales have more than doubled each month since diverting its efforts entirely into the legal cannabis market where it has developed multiple ‘picks and shovels’ to support the growing industry.
The revenues are not derived from any single segment, but largely come from the cultivation sector, something the company believes will provide consistent, increasing revenues for the long term. “What we’ve learned from the science of growing a unique plant under unique conditions is how to grow a lot of organic products efficiently. This has led us directly to big agriculture which, in turn, brings major value to our shareholders,” says Michael Silvia, head of cultivation at American Green.
“The larger opportunities presented by our growing product suite are the real focus for our shareholders. Overnight success can be elusive, but by building solid relationships within the industry, we can transform these relationships into profit dollars, and we’re doing just that,” says Stephen Shearin, American Green president. “From our Jurassic Water to our Truth Lighting, OG Tea, and other emerging products, more serious growers are reaching out to American Green. We’re hearing from local growers all the way to the directors of agriculture representing foreign countries. Our approach is working on every level,” Shearin concludes.
“Our cultivation sales have gone from a few hundred dollars in June to over $100,000 in November with 2 to 5 times November’s growth projected this month,” says Sean Chase, American Green’s director of sales. “I see no end in sight. We have a great product, an eager market, and a great team. The climbing results speak for themselves.”
For those of you keeping an eye on the ZaZZZ rollout, the machines are fabricated and undergoing rigorous qualitative assurance in a joint effort between American Green and VE Global, the first systems integration company to embrace the outward facing API. Our new ZaZZZ machine has been designed for the customer of the 21st Century and will include outstanding, high quality products that can only purchased through ZaZZZ. In short, our machine will provide every one of our dispensary locations with a new, fresh source of income. “The machine has turned out to be everything we’ve hoped for, and when it arrives on-site, it will deliver on every level,” says Kent Steiner, director of software development at American Green. “These are uncharted waters, and we’re glad to be drawing the charts on this one,” Steiner adds.
American Green encourages all folks wishing to follow the progress of American Green and its other subsidiaries and divisions to visit the website at www.americangreen.com and sign up to receive our ‘Email Alerts’ which are sparingly sent to interest holders periodically. Mobile users can also sign up by navigating to the company’s website on their Android smart phone or iPhone.
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 and 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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