With total revenues so far this year surpassing $1,300,000, the Phoenix Grow has exceeded its goal set for this date by over $50,000.
American Green’s New Licensed Cannabis “Edibles” Kitchen is Scheduled to Begin Operation Next Month
PHOENIX, AZ, Oct. 01, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Today, American Green (ERBBD:OTCPK) is very pleased to announce that it has again surpassed milestone expectations of both quality and revenue in its 12,000 sq. ft. Phoenix indoor grow operation it calls “Sweet Virginia.”
Shareholders and other interest holders can now view the company’s LIVE grow operations during business hours at Sweet Virginia Live, or drop by the American Green Website and click the “Live” tab at the top of the page. With total revenues so far this year surpassing $1,300,000, the Phoenix Grow has exceeded its goal set for this date by over $50,000. American Green manages the grow under American Green’s Management Agreement with licensor, Natural Herbal Remedies.
According to Grow Manager Bryan Croteau, “Over the last year, the Sweet Virginia Grow has seen many upgrades to its infrastructure which were required to produce only top quality cannabis products. Improvements such as automating tasks for efficiency and consistency, and hand-trimming of the flower (vs machine trimming) to give American Green’s Top Shelf OG Zonka brand product the proper appearance needed to “shine” atop the dispensaries highest shelf of medication.”
As a result of a recent favorable Arizona Supreme Court decision, our Phoenix Sweet Virginia indoor grow operation has begun offering an entire concentrate line of all of the strains that we produce. This smokable form of “Rosin” is a concentrated form of cannabis hashish that is manufactured using only high-grade plant material which applies only a slight amount of heat and a large amount of pressure. Look for the “OG Zonka” brand of solvent-free rosin at many of Arizona’s finest medical dispensaries.
Currently, the Phoenix Facility is installing a State Licensed kitchen, which we will operate out of our facility. It is scheduled for completion next month (Nov19). Upon completion, we will be able to produce an entire line of infused edibles allowing us to take part in the 3 largest markets that are available to state licensed grow operations: Flower (raw buds), Concentrates (Rosin), and Edibles (infused edibles).
According to David Gwyther, American Green’s president, “Once our Grow Manager is satisfied with both quality and revenue, the company’s plan is to build larger grows both here in Arizona and in other states where our experience in growing a superior product and our professionalism will give us a ‘leg up’ when competing against other licensed grow operations.”
American Green Apparel FLASH SALE
Save 30% on American Green Apparel, through 10/4/19.*Use promo code SWEET at checkout, for 30% off + Free Shipping, through 10/4/19. This deal includes all apparel items featuring the iconic American Green logo.Also, check out 3 items featured every day, on our Sweet Virginia Live page. Fans of Nipton should shop our Nipton Hat Collection (4 incredible hats are included in this deal).
*Minimum spend for SWEET promo code is $50.00**SWEET promo code is valid for all apparel items.American Green accepts: Visa, MasterCard, American Express, Discover, and Diners Club (which are securely processed in the USA). Shop now, deal ends Friday, October 4th (12:01 AM EST).
Shareholder and other interest-holders can follow American Green in order to learn more about the company’s grow management experience and full-scale production taking place in the heart of Phoenix Arizona.
Shareholders and interest holders may also stay current with American Green Updates:
Twitter: @American__Green (two underscores), or
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 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.
About American Green, Inc.
American Green, Inc., became, in 2009, one of the first publicly traded technology companies in the cannabis industry. Now, with over 70,000 certified, individual shareholders, more than any other company in the cannabis-adjacent sector, American Green’s mission is to lead the cannabis industry, leveraging its team of professionals in cultivation, manufacturing, extraction, wholesale, retail, and community outreach. We strive to develop sustainable initiatives, while increasing shareholder value and company profit.Contact:
American Green, Inc.
2902 W. Virginia Ave.
Phoenix, AZ 85009