American Green Chamber of Commerce

American Green (OTC:ERBB) Signs $12 Million Dollar Non-Binding Letter of Intent for Funding of its Cypress Chill Cannabis Grow Building

Retrieved on: 
Tuesday, February 7, 2023
HVAC, Environment, Documentation, Letter, American Green Chamber of Commerce, Security (finance)

The company will continue to provide the documentation required by the lender so it can get through the loan application process.

Key Points: 
  • The company will continue to provide the documentation required by the lender so it can get through the loan application process.
  • American Green will keep looking for the best possible funding opportunities for Cypress Chills construction and for the rest of the equipment needed to fully complete the state-of-the-art cannabis grow facility.
  • We would like to thank two extremely important equipment suppliers for their time, expertise, and the supply of their excellent products.
  • Shareholders and interest holders may sign up for American Green corporate email updates including press releases delivered directly to your inbox.

American Green (OTC:ERBB) Increases Revenue Projections from $2 Million to Exceed $4 Million in Fiscal Year 2023

Retrieved on: 
Tuesday, January 10, 2023
LED, American Green Chamber of Commerce, Lighting, Oil

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, or more than $4 million.  The Company is also expecting to beat year over year first quarter revenue by more than 100%.

Key Points: 
  • 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, or more than $4 million.
  • The Company is also expecting to beat year over year first quarter revenue by more than 100%.
  • American Green’s cannabis harvest’s have surpassed expectations at its “Sweet Virginia” Cannabis Grow operation in Arizona.

American Green (OTC:ERBB) Cypress Chill Grow Receives Its First Cannabis Equipment Order

Retrieved on: 
Tuesday, August 2, 2022
Government budget balance, VPD, AC, GLOBE, Archive, American Green Chamber of Commerce, Agricultural economics, Adiabatic process, Heart, Heating, ventilation, and air conditioning

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 is currently under construction.

Key Points: 
  • 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 is currently under construction.
  • Bryan Croteau, the company's general manager said, American Green has taken delivery of 2 Agronomics IQ, custom built Adiabatic fluid chillers .
  • American Green recently purchased the 40,000 sf Cypress Chill building in May 2022 for $3.75MM.

American Green (OTC:ERBB) Launches Its Own Branded Premium Cannabis "Private Reserve" Flower in Arizona

Retrieved on: 
Thursday, July 21, 2022
GLOBE, Awareness, History, Cypress, Hand, Flavonoid, Lighting, Â, Company, American, Curaleaf, Cannabis, Coffee, Drug, Sweet Virginia, American Green Chamber of Commerce

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. The company’s “top shelf” flower is being grown in its Sweet Virginia facility. American Green has started to market their “Private Reserve” flower to over 70 Arizona Dispensaries where their cannabis products are already being sold under the Curaleaf brand. 

Key Points: 
  • 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 has started to market their Private Reserve flower to over 70 Arizona Dispensaries where their cannabis products are already being sold under the Curaleaf brand.
  • We are extremely excited that consumers are now able to purchase our cannabis branded with the American Green name for the first time in its history.

American Green, Inc.™ (OTC:ERBB) Officially Acquires Vendweb - Supplier of Its AGX Facial Recognition and Over- 21 Age Smart Vending Machine

Retrieved on: 
Tuesday, May 17, 2022
ID, Food, Pepsi, Cannabis, Snack, OTC, COVID-19, Century, Industry, Â, Technology, Facial recognition, Coca, Acquisition, AGX, GLOBE, Retail, American Green Chamber of Commerce, CBD, American

American Greens president David G. Gwyther said, The acquisition of Vendweb made great sense for the company for a number of reasons.

Key Points: 
  • American Greens president David G. Gwyther said, The acquisition of Vendweb made great sense for the company for a number of reasons.
  • We now have full control over the smart vending division allowing us to significantly reduce manufacturing, development, and design costs - all of which increase profits.
  • The purchase will allow the company to fast-track improvements to the American Green Xpress smart machine and customize it to specifically meet customers' needs.
  • American Green is also looking forward to expanding the vending machine industry vertically which Mr. Creed has over 20 years of experience.

Update: 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

Retrieved on: 
Friday, May 13, 2022
Company, Book, Cannabis, Industry, Commercial, Board, Board of directors, GLOBE, Property management, American Green Chamber of Commerce, CBD, American, Phoenix

The landlord has acknowledged American Greens right to purchase the building and has waived the 90-day waiting period for the closing of the purchase.

Key Points: 
  • The landlord has acknowledged American Greens right to purchase the building and has waived the 90-day waiting period for the closing of the purchase.
  • American Green is extremely excited to take advantage of this fantastic opportunity to own its own cannabis grow facility.
  • The purchase of the Cypress Chill building should be a great benefit financially for American Green.
  • STAY CURRENT WITH AMERICAN GREEN UPDATES:
    In 2009, American Green, Inc. became Americas second publicly traded company in the cannabis sector.

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

Retrieved on: 
Friday, May 13, 2022
Company, Book, Cannabis, Industry, Commercial, Board, Board of directors, GLOBE, Property management, American Green Chamber of Commerce, CBD, American, Phoenix

The landlord has acknowledged American Greens right to purchase the building and has waived the 90-day waiting period for the closing of the purchase.

Key Points: 
  • The landlord has acknowledged American Greens right to purchase the building and has waived the 90-day waiting period for the closing of the purchase.
  • American Green is extremely excited to take advantage of this fantastic opportunity to own its own cannabis grow facility.
  • The purchase of the Cypress Chill building should be a great benefit financially for American Green.
  • STAY CURRENT WITH AMERICAN GREEN UPDATES:
    In 2009, American Green, Inc. became Americas second publicly traded company in the cannabis sector.

American Green, Inc. (OTC:ERBB) to Issue Its Own Cryptocurrency called American GreenBack™

Retrieved on: 
Thursday, April 7, 2022
GLOBE, Company, LOI, KYC, Smoke, Blockchain, AML, KYC/AML, ID, Cryptocurrency, American, American Green Chamber of Commerce

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™

Key Points: 
  • American Green intends to release a whitepaper this month defining our purpose-designed cryptocurrency for transactions that require age verification.
  • The Company anticipates utilizing an American Green application on the users device, to allow the purchase and use of American GreenBacks in our proprietary vending solutions, said David G. Gwyther, president of American Green .
  • As envisioned, the American GreenBack would employ Know Your Customer (KYC) and Anti-Money Laundering (AML) compliant verification software, together with biometric data (ID, fingerprint, retinal scan, palm print, etc.)
  • American GreenBacks would only be tradeable with other KYC/AML-verified counterparties.

American Green, Inc. (OTC:ERBB) New Cannabis Extraction Operation Launched at the Sweet Virginia Grow

Retrieved on: 
Tuesday, April 5, 2022
NEC, THCA, BHO, Element, Industry, National Electrical Code, GLOBE, Cannabis, OTC, Diamond, Coffee, CBD, American Green Chamber of Commerce, Terpene, Sweet Virginia

PHOENIX, AZ, April 05, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire– American Green, Inc. (OTC:ERBB) president David G. Gwyther announced today that it now has a fully operational custom-built, state-of-the-art cannabis extraction room within its “Sweet Virginia” cannabis grow in Phoenix, Arizona. The new butane extraction room is already producing premium concentrates, and they are being sold in over 70 Arizona dispensaries.

Key Points: 
  • PHOENIX, AZ, April 05, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire American Green, Inc. (OTC:ERBB) president David G. Gwyther announced today that it now has a fully operational custom-built, state-of-the-art cannabis extraction room within its Sweet Virginia cannabis grow in Phoenix, Arizona.
  • The new butane extraction room is already producing premium concentrates, and they are being sold in over 70 Arizona dispensaries.
  • American Green has partnered with Glorious Extracts , and they are processing our Premium Flower being grown on-site.
  • American Green now, with its more than 75,000 certified beneficial shareholders, is one of the largest (in shareholder count) in the cannabis sector.

American Green, Inc.™ (OTC:ERBB) Official Shareholder Count Increases to Over 77,000 - An Increase of Over 50% Since the Company’s Last Official Count

Retrieved on: 
Friday, April 1, 2022
Company, Amazon, American Green Chamber of Commerce, OBO, SEC, EBay, Name, Cannabis, CBD, GLOBE, OBOS, Broadridge Financial Solutions, OTC, Acquisition, Security (finance), Groupon, Curaleaf, American

PHOENIX, AZ , April 01, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – American Green, Inc. (OTC:ERBB) announces that Broadridge Financial Services has completed counting American Green’s total number of officially-certified beneficial owners as of March 9, 2022.  According to American Green president David G. Gwyther, “The Broadridge Financial Solutions report confirms there are over 77,000 current beneficial owners of ERBB common shares  - a more than 50% increase over the 50,000 owners since the last survey was completed at the end of 2016.”

Key Points: 
  • Its great to see that our continual efforts to increase the shareholder value of American Green havent gone unnoticed, continues Mr. Gwyther.
  • We will continue to seek out and develop new Cannabis and CBD opportunities throughout the United States.
  • The Company wishes to note here that the official count includes only those shareholders who dont object to their names being released to our company.
  • Because Broadridge charges the company a fee based on the number of total shareholders, American Green only hires Broadridge to conduct their shareholder count once every few years.