Business
American Green Completes Joint Venture with Hempful Farms
American Green Completes Joint Venture with Hempful Farms.
About this update from American Green, Inc.
[{"type":"text","content":"\n \n \n American Green Completes Joint Venture with Hempful Farms\n \n \nAmerican Green Completes Joint Venture with Hempful Farms\n\nERBB acquires revenues and production capability for CBD Pet Products in Its Online Retail Store\n\n \n PHOENIX, AZ--(Marketwired - Jun 6, 2017) - American Green, Inc. (OTC PINK: ERBB) is very pleased to share that it has completed the formation of a joint venture with Hempful Farms, Inc. of Phoenix. The Joint Venture will allow the company to market and sell Hempful Farms' 'Paw Puddy pet line of CBD products in American Green's online store found at www.americangreencbd.com and available on that site in the next few days. The line, begun four years ago as a salve for dog's paws (hence its name) is now available in twenty-seven dispensaries in Arizona as well of three of the largest dispensaries in Colorado and in Hempful Farms online store at www.hempfulfarms.com. Opportunities to expand into an equestrian line, something American Green has pursued for some time, as well as the opportunity to work with Hempful Farms' other product lines are all opportunities American Green wishes to pursue.\n Chris Martin, who created Hempful Farms, built a company dedicated to producing hemp products made of only the best ingredients available after he and his family noticed improvements to their health from the use of CBD products. Extracted from the cannabis plant, cannabidiol (CBD) has wide potential and ever-increasing recognition as a medical treatment. On May 25, 2017 the New England Journal of Medicine published results from a peer-reviewed double-blind placebo-controlled trial showing successful use in the treatment of Dravet Syndrome, a complex childhood epilepsy disorder that is associated with drug-resistant seizures and a high mortality rate. (http://www.nejm.org/doi/full/10.1056/NEJMoa1611618) Unlike THC found in marijuana, CBD does not create the psychoactive effects that can produce the \"high\" one experiences when consumed for that purpose. Martin's rottweiler, Sarge, was diagnosed with hip dysplasia that caused him to limp. Without hope for another treatment, Martin had the idea of treating Sarge's condition with the same CBD products he was using. The positive results led to the birth of Paw Puddy, a product line geared toward helping pets. Chris and Andrea Martin have been making t...