Business
American Green, Inc.™ (OTC:ERBB) Official Shareholder Count Increases to Over 77,000 - An Increase of Over 50% Since the Company’s Last Official Count
American Green, Inc.™ (OTC:ERBB) Official Shareholder Count Increases to Over 77,000 - An Increase of Over 50% Since the Company’s Last Official Count.
About this update from American Green, Inc.
[{"type":"text","content":"\n American Green Adds 50% More Shareholders and Plans more Expansion within the Cannabis Industry PHOENIX, AZ , April 01, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – American Green, Inc. (OTC:ERBB) announces that Broadridge Financial Services has completed counting American Green’s total number of officially-certified beneficial owners as of March 9, 2022.  According to American Green president David G. Gwyther, “The Broadridge Financial Solutions report confirms there are over 77,000 current beneficial owners of ERBB common shares  - a more than 50% increase over the 50,000 owners since the last survey was completed at the end of 2016.” “It’s great to see that our continual efforts to increase the shareholder value of American Green haven’t gone unnoticed,” continues Mr. Gwyther. “The Company has been taking an aggressive approach to the expansion of its overall business footprint, especially in the cannabis sector, as demonstrated by the company’s recent acquisition, design, and ongoing build-out of American Green’s new 40,000 square foot “Cypress Chill” indoor cannabis grow in downtown Phoenix.  We will continue to seek out and develop new Cannabis and CBD opportunities throughout the United States. We plan to continue growing premium cannabis for our license holders such as Curaleaf (at our “Sweet Virginia” cannabis grow), as well as continue creating high-quality CBD products for the discriminating companies with whom we continue to do our hemp-related business, including  Amazon,  Vendweb, Groupon, and eBay,” concludes Mr. Gwyther. The Company wishes to note here that the official count includes only those shareholders who don’t object to their names being released to our company.  Those people are referred to as Non-Objecting Beneficial Owners (or NOBO).  Those shareholders who object to their names being disclosed to the company are called Objecting Beneficial Owners (or OBOs) and their count is not included in the announced totals.  In the past, those OBO shareholders have represented approximately 10% of the total, or, in American Green’s case, about 7,000 additional shareholders, compared to the approximately 77,000 shareholders opting to have their information listed as ...