TEMPE, AZ - (NewMediaWire) - December 23, 2015 - American Green, Inc. (OTC PINK: ERBB) today announced the Board of Directors of American Green have chosen Jonathan Miller, previously the company's COO, as their new chief executive officer.
"I'm excited about the future of American Green and am proud to build and lead a team of professionals passionate about our initiatives and goals -- who are eager to drive profits and shareholder value," stated Jonathan Miller, new Chief Executive Officer of American Green. "Our Shareholders have experienced a rough ride this past year. However, the direction of American Green has changed and the initiatives we started in Q4 2015 will begin to bear fruit early in 2016 and will be the model for our growth in coming years."
"Investing in assets and improving those assets while deriving income from those assets is the cornerstone to our future. These investments position us 'closer to the plant,' as we say," stated Miller. "We can operate within state guidelines and position ourselves for changes in the regulatory environment that should allow the Company to directly obtain production, extraction, medical and retail licenses in the future."
These early years are only the beginning for an industry that is the fastest growing market in the US, and is projected to experience tremendous growth in the coming years. (http://www.huffingtonpost.com/2015/01/26/marijuana-industry-fastest-growing_n_6540166.html)
"We're confident that Mr Miller, with his vast, accomplished management background, is capable of leading American Green and our 50,000 certified shareholders into the exciting future of marijuana in the US and beyond," states David Gwyther, the company's board chairman.
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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, 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, Corp.
American Green, Corp., became, in 2009, one of the first publicly traded technology companies in the cannabis industry, Now, with over 50,000 individual shareholders, more than any other company in the cannabis sector, American Green's mission is to lead the cannabis industry. Leveraging our 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.