#Cannabis #Stock News- American Green (OTC: $ERBB) is
On-Target to Have Its Best Year Yet; @American__Green
Cannabis Grow Management,
Online CBD Sales, and Smart Vending Division all set to break revenue records
in 2020 compared to 2019
PHOENIX, AZ, June 10, 2020 (
Investorideas.com newswire) – Breaking cannabis/CBD
stock news - American Green (OTC:ERBB) announced
today that the strategic shifts that began in 2019 are now paying dividends in
every division. According to David
Gwyther, president of American Green, “During 2019 and early 2020, the company
had to make changes in every division to accommodate the changing
marketplace. I’m pleased to report that
those changes resulted in each division’s revenue improvements compared to the
same periods over the previous year.”
Read this news featuring
American Green in full at https://www.investorideas.com/news/2020/cannabis/06102OTCERBB.asp
VP
of CBD Worldwide Sales, Kevin Davis, said, “The key to the success of the American Green Online CBD Store is
a combination of Top-Shelf Customer Service, The Integration of Technology,
Competitive Pricing, Easy Payment Options, and Product Selection. Since our
online CBD Store first opened 3 years ago, our growth has been primarily driven
by our extreme sensitivity to customer feedback -- by listening very, very
carefully. Whether that means
incorporating a capability to quickly respond to customer questions via email
or phone, and making damn sure our customers know that they’re getting the best
CBD available and are 100% satisfied, even if that means staying on the phone
with them until they get all the information they need.”
“Every
customer is unique to us and when our store employees show them the courtesy of
our unrushed time -- whether by email or phone, it is the only way we know of
guaranteeing that our loyal base returns to us. Other companies talk about
achieving goals like these, but we, at the American Green CBD Store live this
‘customer-driven lifestyle’ every day,” concludes Kevin.
According
to Bryan Croteau, American Green’s VP of Grow Operations, “As the world comes
out of quarantine and things get back to the ‘new normal,’ American Green’s
‘Sweet Virginia’ is turning out some of the highest grade cannabis found in
Arizona and is hard at work upgrading its production facility while producing
American Green’s newest cannabis product line. Our Sweet Virginia facility is
proud to announce that the first wave of American Green Full Spectrum
Solventless Concentrate products have hit the retail shelves at the Kind Meds
licensed dispensary located at 2152 South Vineyard, Suite 120, Bldg 7, Mesa AZ
85210.”
American
Green’s Sweet Virginia grow operation is most proud of its Ice-water-extracted
Bubble Hash which is also known as “Full Melt,” because it leaves no residue
when compared to standard hash which has been made the same way for hundreds of
years.
According
to Mr. Croteau, “Our special process manually removes the THC trichomes using
nothing but ice and water and produces one of the safest and most natural
concentrates available anywhere. If you are a current medical patient in the
State of Arizona, we highly recommend a trip to Kind Meds for an opportunity to
taste our best grown flowers in the form of concentrate! I would call first before making the trip to
ensure that the American Green Bubble Hash has not been sold out, as we
anticipate high demand for this premium product.”
The
Sweet Virginia Grow has also recently added 10% of canopy space as an
additional flower room thus enabling the operation to increase its revenues by
about 10% per annum. This new space will allow for production of an extra 240
plants every 8 weeks. We are also constantly streamlining tasks to be as
efficient as possible, which has allowed us to cut our current payroll costs by
about 12% when compared to last quarter.
The
American Green Machine (AGM) Division has been working to add new features to
its Smart Vending Kiosk such as lower risk touchless shopping which will allow
vending customers to utilize a QR Code and be able to use their own cell phone
to interact with our AGM Kiosk.
Employing “Covid-19 Sensitivity,” customers will no longer need to touch
the machine to view the AGM’s products with the goal of allowing customers to
complete their entire transaction on their smartphone. This new feature has been designed to be
“backwards compatible” thus enabling the feature to be available for existing
machines already in service and is now ready to rollout. According to AGM Division VP, Lindel Creed,
“We are very excited with the progress of the AGM kiosk as sales increase this
year and more customers become convinced that the AGM is the best verified
vending system on the market.”
If
you are an experienced vending route operator serving a major market and wish
to add a complete line of fully legal CBD products to your existing route, you
should contact Mr. Lindel Creed at American Green’s AGM Vending Division
located in Gastonia, North Carolina. You can email Lindel at
lindel@americangreen.com or call him on his direct line at 704-718-3158.
Shareholders
and interest holders may also stay current with American Green Updates:
American
Green’s Main Website at www.americangreen.com
Twitter: @American__Green (two underscores), or
Instagram: https://www.instagram.com/americangreenusa/
Instagram: https://www.instagram.com/magicalnipton/
About American Green, Inc.
American
Green, Inc. became, in 2009, America’s second publicly-traded company in the
cannabis industry. American Green now, with its more than 50,000 individual
certified shareholders, is one of the largest (in shareholder count) in the
cannabis sector. American Green's
mission is to lead the cannabis and premium CBD industry. Leveraging our team
of professionals in cultivation management, manufacturing, extraction,
wholesale, retail, and community outreach, we strive to develop sustainable
initiatives in the cannabis-adjacent and CBD industries, laser-focused on
adding company and shareholder value.
For more information -
Contact:
American
Green, Inc.
Investor
Relations
2902
W. Virginia Ave
Phoenix,
AZ 85009
480-443-1600
X555
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, be 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.
Paid
news Disclaimer/Disclosure: Investorideas.com
is a digital publisher of third party sourced news, articles and equity
research as well as creates original content, including video, interviews and
articles. Original content created by investorideas is protected by copyright
laws other than syndication rights. Our site does not make recommendations for
purchases or sale of stocks, services or products. Nothing on our sites should
be construed as an offer or solicitation to buy or sell products or securities.
All investing involves risk and possible losses. This site is currently
compensated for news publication and distribution, social media and marketing,
content creation and more. Disclosure is posted for each compensated news
release, content published /created if required but otherwise the news was not
compensated for and was published for the sole interest of our readers and
followers. Contact management and IR of each company directly regarding
specific questions. Disclosure : this news release featuring American Green (ERBB:OTC) is a paid for news release on
Investorideas.com https://www.investorideas.com/News-Upload/
More
disclaimer info: https://www.investorideas.com/About/Disclaimer.asp
Learn more about publishing your news release and our other news services on
the Investorideas.com newswire https://www.investorideas.com/News-Upload/
and tickertagstocknews.com
Global
investors must adhere to regulations of each country. Please read
Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
About Investorideas.com
Sign
up for free stock news alerts at Investorideas.com
Get more Cannabis
Stock Investor Ideas - news,
articles, podcasts and
stock directories
No comments:
Post a Comment