American Green Enters Arizona Medical Marijuana Market
TEMPE, AZ–(Marketwired – Sep 8, 2015) – American Green, Inc. (OTC PINK: ERBB) announced today that as part of its focus on being an active participant in taking American Green brands to market around the country, it has entered into a binding Letter of Agreement to form a Joint Venture with Natural Herbal Remedies, an Arizona licensed dispensary of medical marijuana products.
“We have been working with NHR for about a year, selling them our CBD isolate for custom formulations developed by this exciting company. The opportunity occurred for us to deepen our relationship and form a joint venture to manage a dispensary and harvest facility in Arizona,” stated Stephen Shearin, American Green president. “We will help NHR produce American Green products as well as assist in the expansion of NHR’s existing line of formulations called Trew Balance.”
“In the last year, we looked at numerous potential partners to expand our opportunities in Arizona. In the end, American Green won our hearts and we’re excited to develop our partnership,” said Sheelah Golliglee, a Natural Herbal Remedies partner. “We have been very successful working with several patients at Children’s Hospitals in Phoenix — providing custom formulations under the direction of their care givers. “Baby Ethan” is a wonderful example of thinking outside the traditional regimen. Ethan, like many others with seizure-related illness, has benefitted from medical marijuana.” For more information regarding severe diagnoses such as cancer and epilepsy please visit trewbalance.org for proprietary formulations.
The parties will form American Green – Arizona for the purpose of providing services to NHR. NHR will manufacture American Green medical marijuana products consistent in nature and quality to those coming soon from Herbal Elements in Colorado and from Calyptic in Oregon.
Mr. Shearin concludes, “The quest has just begun. American Green has set its sights on becoming the brand of choice for patients and consumers in search of quality medicine and recreational products across the United States — from ‘Seed to Shining Seed.’ Our intentions could not be made more clear — ERBB is in the pot business, to the extent regulations currently permit us, and we intend to become nationally renowned for our brands and messaging.
If you haven’t heard, the American Green 420 Report is now available online. Filmed and produced at the American Green studio in Tempe, AZ, media director Will Harris brings you a weekly report of the good, the bad, and the fascinating as he keeps our 50,000 shareholders and viewers up to date with the “goings on” within the legal cannabis business in the US and around the world.
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.
Contact:
American Green, Inc.
Investor Relations
1221 W Warner Rd, Suite 103
Tempe, AZ 85284
480-443-1600 X555
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