marijuana stocks news

American Green Named To Manage 20,000 Sq Ft Nevada Cannabis Cultivation Site

TEMPE, AZ / ACCESSWIRE / November 10, 2014 / American Green (ERBB), announced today that it was selected by Urban Hills, a Nevada company, to manage their recently approved 20,000 square-foot Nevada medical cannabis cultivation site. Urban Hills’ application was formally approved last Friday with the receipt of a certified letter from the State of Nevada allowing the company to cultivate medical cannabis under Nevada’s Medical Marijuana Program. Once fully implemented, the Urban Hills management arrangement represents at least $20,000 in monthly revenue to American Green.

The medical cannabis cultivation facility and business was initiated and is owned by Urban Hills, LLC. They have committed to working with American Green in all aspects of this cannabis cultivation operation and have already utilized American Green for planning, organization, and construction of the facility in Sparks, Nevada. The operation will benefit from American Green’s ability to vertically integrate its line of cutting edge products, including OG Tea, Truth Lighting and Jurassic Water.

American Green will provide partial financing as well as its complete suite of services through its Managed Services division, including 280e-specific tax planning, human resources/compensation, bookkeeping, cash handling, and intellectual property services. By integrating its full product line, American Green provides cost advantages to professional cultivators.

On the cultivation side, American Green will provide management and expertise to assure the production of consistent, top-quality medical cannabis grown efficiently and with organic, Earth-friendly methods and products. American Green’s industry contacts will assure that this project has access to a wide variety of the world’s best strains of medical cannabis.

In other news, American Green’s General Counsel and VP of Cannabis Operations, Jerry Chesler, has arranged with the National Cannabis Industry Association (NCIA) to make American Green a sponsor of the NCIA’s 4th Anniversary Banquet, Viva la Revolution!, at the Paris Las Vegas Hotel and Casino on Thursday, November 13, 2014 at 7 p.m. Jerry has been involved with NCIA from its inception and congratulates Aaron Smith on achieving his vision. American Green will be a supporter and continuing member of the NCIA now that Jerry has left the cannabis law field to lead American Green’s cannabis operations.

With the bulk of the cannabis industry converging on Las Vegas, American Green will host a mixer at the Ghost Bar (Top of the Palms Ivory Tower) in the Palms Hotel and Casino on Wednesday, November 12, 2014. The doors open at 10:00 pm. We welcome any of our 50,000+ shareholders as well as our industry friends and colleagues there. If you would like to join us, please email ‘ghost@americangreen.com‘ with VIP in the subject. Space is limited.

MORE ABOUT AMERICAN GREEN, INC.

American Green became one of the first publicly-traded medical marijuana dispensary brands in the world, and is owned by more than 50,000 shareholders. The Company is keenly focused on developing, retailing, branding, and establishing commercial cultivation solutions under its proprietary American Green name along with our partners and clients who are licensed retail medical marijuana dispensaries. American Green believes that the renewal of the legalized cannabis industry in the United States will aid in getting our economy back on its feet through increased employment in all related sectors — retail, real estate, contracting, farming and more. Additional revenues, fueled by taxing cannabis sales, and the decreased cost of housing prisoners who are no longer in prison for possession of cannabis should contribute to the renewal. Hard work and a clear vision propel American Green into the future. The centerpiece of our company is ZaZZZ, our unique automated vending solution designed specifically around American Green’s licensed proprietary patented technology.

For a complete summary of all American Green products and initiatives, please refer to our website’s front page at www.americangreen.com.

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.

CONTACT
American Green, Inc.
Investor Relations
Mr. Has Uyar
1221 W Warner Rd Suite 103
Tempe, AZ 85284
480-443-1600 X555
has@americangreen.com
https://www.americangreen.com

SOURCE: American Green


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
3 comments
  1. That’s great news for $ERBB. Hopefully they’ll land some more management deals as more cultivation sites are approved, especially with the new legalization in Oregon.

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