American Green, Inc.™ (OTC:ERBB) Issues Update on U.S. Cannabis Cultivation Expansion
American Green, Inc.™
(OTC:ERBB) Issues Update on U.S. Cannabis Cultivation
Expansion
Gierczyk Architects are Completing
Design and Building Plans for 20,000 SF Cannabis Cultivation
Building
PHOENIX, AZ --
March 1, 2021 -- InvestorsHub NewsWire
-- Today,
American Green,
Inc. (ERBB:OTC)
issued
an updated overview for its shareholders highlighting the following
news and events pertaining to ERBB's Cannabis
Cultivation Expansion for 2021. Over the past
four months, American Green™ has been conducting it's due diligence
regarding plans to increase its cannabis cultivation footprint in
the U.S.
"Gierczyk
Developments architectural team is currently completing design and
build plans for an Arizona location that will house a 20,000
SF Cannabis Grow with additional plans to add another 16,000 SF of
Cannabis Grow Space,"
according to
David G. Gwyther, the Company's president.
Bryan Croteau,
American Green's VP of Cultivation states, "A 20,000 square
foot building coupled with a 16,000 SF addition will increase
the Company's total Cannabis Grow Space another 36,000 SF. Total
estimated annual revenue for this project will be approximately
$11,000,000 and we anticipate net revenue to be about $7,000,000
per year."
Planned
with
the additional development are state-of-the-art kitchen facilities
and manufacturing space for American Green-branded cannabis
edibles, concentrates,
and CBD products. Chef Dee Russell (aka "Edible
Dee" and "The Happy Chef") will be instrumental in the development
of all of American Green's cannabis recipes and marketing
strategies.. Chef Dee also is a the Company's key consultant on the
design of the grow's kitchen and edibles manufacturing
space.
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
Facebook:https://www.facebook.com/americangreenusa
Instagram:
https://www.instagram.com/americangreenusa/
Instagram:
https://www.instagram.com/magicalnipton/
About American
Green, Inc.
In
2009, American Green, Inc. became America's second
publicly-traded company in the cannabis sector. American Green now,
with its more than 50,000 certified beneficial 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
investor@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, 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.
American Green (PK) (USOTC:ERBB)
過去 株価チャート
から 12 2024 まで 1 2025
American Green (PK) (USOTC:ERBB)
過去 株価チャート
から 1 2024 まで 1 2025