Business
American Green Forecasts Record Q1/17 Revenues
American Green Forecasts Record Q1/17 Revenues.
About this update from American Green, Inc.
[{"type":"text","content":"\n \n \n American Green Forecasts Record Q1/17 Revenues\n \n \nAmerican Green Forecasts Record Q1/17 Revenues\n \n PHOENIX, AZ--(Marketwired - Dec 14, 2016) - American Green, Inc. (OTC PINK: ERBB) announced today that with the BlazeNow arrangement and the resulting sales, orders for the American Green Machine (AGM), and with its online store relaunching in the Amazon Marketplace on Thursday, expected revenues for the first quarter of the new year should be in its best quarter to date. The projected sale of over thirty American Green Machine (AGM) units will make up a substantial amount of the quarter's revenue and account for more than half of its revenue until the cultivation facility is fully operational. The expansion of the \"AGM Machine\" into markets other than cannabis has already presented much larger opportunities than were available by being wedged into a single sector.\n With a licensed commercial contractor selected, a cultivation license in place, and the recent extension to its variance approved by the City of Phoenix, the permit for the engineered site-plan is the only thing remaining to allow the company to expedite the facility's completion. Much of the construction has already been done off-site and will be shipped in the next month. \n \"American Green's new relationship with BlazeNow -- the MJ dispensary locator for Android and iPhone users -- is off to a great start. The company projects signing up more than 145 dispensaries planning to purchase listings beginning in Arizona, Illinois, Michigan, Maine, Rhode Island and Massachusetts next quarter,\" says David Gwyther, ERBB's acting president and chairman. \"Our venture with BlazeNow is only weeks old and we're already witnessing a tremendous amount of enthusiasm from our potential new dispensary clients.\"\n As announced last week, The American Green company store will be opening this week featuring its proprietary line of cannabidiol products including American Green Infused Balm, Tincture designed primarily for humans, and peanut butter, blueberry or tuna treats for dogs and cats. The company is working on methods of making online buyers aware of our fantastic CDB products and believe sales will start almost immediately and increase from there. \"The past year's labor is visibly paying off,\" remarked David Gwyther. \"For a variety of reasons inc...