Business
American Green, Inc.™ (OTC:ERBB) Receives Approval from the City of Phoenix to Operate its New 40,000 SF Cannabis Grow Facility
American Green, Inc.™ (OTC:ERBB) Receives Approval from the City of Phoenix to Operate its New 40,000 SF Cannabis Grow Facility.
About this update from American Green, Inc.
[{"type":"text","content":"\n When complete, the new complex is expected to generate a 500% increase in annual gross revenue. PHOENIX, AZ, Aug. 17, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Today, American Green, Inc. (OTC:ERBB) announced that the City of Phoenix Arizona has approved the company’s application to launch its second cannabis grow facility in West Phoenix. The new state-of-the-art complex will be designed to generate additional annual revenue of more than $10 million for the company. American Green president, David G. Gwyther, said, “At approximately 40,000 sf, this new American Green building will be designed to have about 36,000 sf under canopy and 4,000 sf reserved for production and corporate office space.  We are very excited to announce that our new space will be dedicated to developing and selling our own new premium “American Green'' brand cannabis products.  The products will provide higher profit margins than even the quality cannabis product we currently wholesale to over 75 Arizona recreational and medical marijuana dispensaries.”  Bryan Croteau, American Green’s Cultivation General Manager, adds, “Our current “Sweet Virginia Grow” operation has helped us to develop lasting and positive relationships with cannabis dispensaries and wholesalers throughout Arizona over these past years giving us a huge head start in the sales cycle with the American Green-branded cannabis products from our new facility.  I believe that it will be these relationships that will help to supercharge our American Green brand cannabis products into the retail supply chain much faster than if we were starting from scratch.” “Retail dispensaries throughout the state already love our premium cannabis, and we will be supplying them with many new cannabis products, including various edibles, and concentrates such as ‘Live Resin’, ‘Diamonds and Sauce’, ‘Budder’, and ‘Apple Sauce’ -- all produced using American Green's own in-house grown selection of cannabis genetics,” concludes Mr. Croteau. American Green is also extremely excited to have our in-house cannabis chef, Dee Russell aka “Edible Dee'' or, as many know her, “The Happy Chef,” developing her famous edible recipes concocted for Amer...