Business
American Green Financed the Accelerated Growth of Herbal Elements' Colorado Sales
American Green Financed the Accelerated Growth of Herbal Elements' Colorado Sales.
About this update from American Green, Inc.
[{"type":"text","content":"\n \n \n American Green Financed the Accelerated Growth of Herbal Elements' Colorado Sales\n \n \nAmerican Green Financed the Accelerated Growth of Herbal Elements' Colorado Sales\n\nAmerican Green CEO Talks With Shareholders on April 5 at 11:00 Pacific\n\n \n TEMPE, AZ--(Marketwired - Mar 29, 2016) - American Green, Inc. (OTC PINK: ERBB) today announced that it has financed a significant expansion project for Herbal Elements, which produces American Green-branded products in Colorado. This project was financed to help Herbal Elements reach production and revenue goals and to drive income for American Green.\n \"American Green has been a great resource for Herbal Elements. It has provided us access to many different types of commercial marijuana operations,\" says Greg Honan, Herbal Elements owner. \"Our current project of installing an entire new second level of plants in our flower rooms is due to American Green providing us with innovative ideas and a focus on the unused vertical space in our cultivation location. The result of double-decking is the increase of recreational flower for the production of American Green-branded products. We now have a high-margin extraction product line for the recreational market without the costs of renting a larger facility.\n \"We adjusted our techniques and strategies in order to improve our medical marijuana cultivation license and accommodate our newer recreational cultivation license for recreational concentrates,\" Honan continued. \"American Green has provided our patients with new styles and types of packaging that assist with proper moisture and quality control. We discussed the needs for our new recreational concentrate effort with American Green. They minimized the time-consuming trial-and-error that comes with new techniques, methods, and product development. We are entering the market far faster than if we'd done it on our own. \n \"Greg Honan does an amazing job in Eagle Vail and we're extremely confident in his ability to continue expanding Herbal Elements extraction products throughout Colorado -- all distributed in American Green packaging, of course,\" said Jonathan Miller, CEO of American Green. \"We will help add several new concentrate variations to the rosin and bubble hash currently being produced as well as financing the introduction of two full-time salespeo...