American Green (OTC:ERBB) Issues Strategic Corporate Overview
Looking to Further Expand Its Cannabis Business in 2023 PHOENIX, AZ, Feb. 14, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – American Green (ERBB: OTC) In May of 2022, American Green purchased the approximate 40,000 sf building now known as American Green’s “Cypress Chill” cannabis facility located at 2325 W. Cypress St. Phoenix, AZ. for $3.75MM. American Green announced today […]
American Green (OTC:ERBB) Signs $12 Million Dollar Non-Binding Letter of Intent for Funding of its Cypress Chill Cannabis Grow Building
PHOENIX, AZ, Feb. 07, 2023 (GLOBE NEWSWIRE) — viaNewMediaWire – Today American Green (ERBB: OTC) announced that it has signed a non-binding letter of intent for $12,000,000 with a private equity firm to fund the completion of the build-out at its “Cypress Chill” grow building that it purchased in May of 2022 for $3.75MM. The company will continue to provide […]
American Green (OTC:ERBB) Quarterly Cannabis Cultivation Revenue Increased 69% Over the Same Period Last Year
“Sweet Virginia” Grow Continues to Outperform Previous Revenue Numbers PHOENIX, AZ, Jan. 31, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Today American Green (ERBB:OTC) announced that during the last quarter, revenue increased by 69% over the same period last year. The Company’s installation of new LED lighting, dehumidifiers, and new grow management techniques have significantly increased production at its […]
American Green (OTC:ERBB) Increases Revenue Projections from $2 Million to Exceed $4 Million in Fiscal Year 2023
The Company is Already Outperforming Previous Revenue Numbers After Its Successful Renovation PHOENIX, AZ , Jan. 10, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Today American Green (ERBB:OTC) is guiding anticipated revenue higher for fiscal year 2023. The Company is expecting fiscal year 2023 revenue to increase by more than 100 percent over fiscal year 2022 to as much as, […]
American Green (OTC:ERBB) Cypress Chill Grow Receives Its First Cannabis Equipment Order
Two Massive Air Conditioning Chillers Have Arrived PHOENIX, AZ, Aug. 02, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Today American Green (ERBB:OTC) announced that it took delivery of the first equipment to arrive at its “Cypress Chill grow.” Two massive custom built AC chillers weighing over 13,500 lbs each are now on site at the 40,000 sf grow which […]
American Green (OTC:ERBB) Launches Its Own Branded Premium Cannabis “Private Reserve” Flower in Arizona
MAC1 and Orange Apricot MAC Flower Available From ERBB PHOENIX, AZ, July 21, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Today American Green (ERBB:OTC) announced that it has begun selling its own American Green branded “Private Reserve“ premium cannabis flower in Arizona. TruMed in Phoenix, AZ, is the first dispensary to offer the first American Green Cannabis branded product. […]
American Green, Inc. (OTC:ERBB) Purchases 40,000 square foot Cannabis Grow Building for $3,750,000
The building appraised for $5,300,000 and gives American Green total equity of $2,673,000; over 50% of the property value PHOENIX, AZ, May 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – American Green, Inc. (ERBB:OTC) has purchased the 40,000 square foot building known as American Green’s “Cypress Chill” cannabis facility located at 2325 W. Cypress St. Phoenix, AZ. 85009. The […]
American Green, Inc.™ (OTC:ERBB) Officially Acquires Vendweb – Supplier of Its American GreenX Facial Recognition and Over- 21 Age Smart Vending Machine
PHOENIX, AZ, May 17, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – American Green, Inc. (OTC:ERBB) announced today that it has completed the purchase of Vendweb – the North Carolina vending machine company that has been supplying American Green with its proprietary American Green Xpress (American GreenX) smart vending machines for the last 5 years. The American GreenX vending machines […]
American Green, Inc.™ (OTC:ERBB) Board Votes to Exercise Its Option to Buy 40,000 Square Foot “Cypress Chill” Cannabis Building for $3,750,000
PHOENIX, AZ, May 13, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – American Green, Inc. (ERBB:OTC) announced today that its Board of Directors has exercised and approved the rights it has under the current lease agreement with its landlord to buy the 40,000 square foot building known as American Green’s “Cypress Chill” cannabis facility located at 2325 W. […]
American Green, Inc. (OTC:ERBB) to Issue Its Own Cryptocurrency called American GreenBack™
A cutting-edge digital asset designed and created for age-verified transactions PHOENIX, AZ, April 07, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – American Green, Inc. (ERBB:OTC) president David G. Gwyther announced today that The Company is developing its cryptocurrency: The American GreenBack™ American Green recently executed a binding letter of intent to acquire VendWeb and has completed the second cash payment as […]