TEMPE, AZ - (NewMediaWire) - August 11, 2015 - American Green, Inc. (OTC PINK: ERBB) is pleased to announce it has begun producing, under license, unique American Green-branded cannabis products including Hash, Live Rosin, Wax and Tinctures, some of which will have a high CBD focus. These products will be sold exclusively at all participating ZaZZZ network affiliates.
These consumables will be made under license with dispensaries and growers such as Herbal Elements in Colorado. Similar relationships are under development in other states where medical or recreational marijuana has been legalized. Products will be advertised and promoted as available at ZaZZZ network affiliates.
Early in 2014, we publicly recognized the need for consistency of products for consumer recognition and security. It's always been part of the discussion with Herbal Elements, and in December we reached an agreement with Greensticks to this end. The path we are on now is a continuation of that plan.
"People can expect consistency from state to state in American Green brands," states Steph Shearin, American Green president. "We figured out that selling our exclusive products through ZaZZZ network affiliates returns us to a more traditional vending model. We believe that once people try our products, they will continue to seek the quality our regional licensees package under the American Green name, available exclusively at ZaZZZ network affiliate locations."
The Hash and Live Rosin that is being produced in Colorado is 100% solvent free. Butane is not used in the process. Combining high-quality, all- natural strains with a clean extraction provides patients with the most pure products.
"Our goal is the creation of a national brand bearing the American Green name and logo that cannabis users will seek for valued and consistent experiences wherever they travel We will be announcing licensees and product availability in additional states as agreements are signed. We expect to have licensees in at least three states by Thanksgiving," concludes Shearin.
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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.
In 2009, American Green, Corp., became one of the first publicly traded technology companies in the world serving the medical cannabis industry beginning with the introduction of the company's proprietary ZaZZZ machine developed to automate, age-verifying dispensing of cannabis-based medicines. Our mission is to remain a leader within the cannabis and industrial/medicinal hemp industry embracing innovation within all seed-to sale sectors by leveraging our team of professionals, as well as value-added companies and products. American Green is actively involved in activities that span cultivation, manufacturing and extraction, retail, and community outreach. We are challenged by this exploding new industry every day and strive to develop sustainable and responsible businesses that will thrive and endure in our constantly evolving marketplace.