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indeed!

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The software also provides immediate ID Scan, ID Verification, and “Liveness” proofing to ensure customer presence. We asked a number of potential customers, including cannabis dispensaries, hotels, convenience stores, and casinos, what they wanted to see in our AGX, and facial recognition was number one on their list and self sign-up came in a close second - we now have them both. We are expecting record revenue from the division this year,” said Lindel Creed, head American Green’s vending division.

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agreed

its a start to a good year

Also in August, the Company earned a five-year contract with Curaleaf Holdings Inc. for its “Sweet Virginia” grow facility in Phoenix. The agreement has 3 (three) additional five-year terms.

Kevin Davis, American Green’s V.P. of Online Sales, said, “We started out the year with great success on Amazon with our 2,000 mg hemp balm and continued to expand our online presence with other premium American Green-branded hemp and CBD products for sale on Ebay, Groupon and of course our American Green online store. In addition to major credit or debit cards, customers can now use Bitcoin and other major crypto currencies to purchase any products in our online store. We will continue developing new CBD and hemp products and expand our online footprint so we can increase revenue this year as well as look for new strategic partnerships and more distribution to add to our bottom line.”

“The company successfully negotiated and signed a 5-year lease agreement with the building owners (allowing for three additional 5-year terms) in May, including an option for American Green to purchase the 40,000 SF building,” continued Mr. Gwyther. “We are planning to exercise our option to buy the “Cypress Chill” property by the end of the year. Owning this property locks in a state-of-the-art cannabis real estate asset that projects to be worth as much as $14 million dollars upon completion, in a market that we believe will become one of the hottest recreational cannabis markets in the country.”

100%

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Mr. Gwyther goes on to say, “We have also identified the state of Nevada as a great opportunity to expand our cannabis operations due to its recreational cannabis status and its proximity to our current business in Arizona.

great direction by american green

$$$

$$$

David G. Gwyther, American Green’s president and chairman, said, “The beginning of 2021 was crucial for our yearly success as we hired Gierczyk Development to be the design-build general contractor for our planned expansion based on voters legalizing the Recreational Cannabis market here in Arizona. The team worked diligently for months seeking out and locating the best property for American Green's next facility.”

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$ERBB issued a strategic overview for its shareholders highlighting the following news and events for ERBB in 2021 as well as taking a look at 2022 and beyond.

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100%

A live look-in link to our “Sweet Virginia” grow is provided below. $ERBB

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good link

A live look-in link to our “Sweet Virginia” grow is provided below. The feed is operational most days during regular Arizona business hours. Archives of hundreds of hours of footage from the grow operation can also be found on youtube.

Bryan Croteau, American Green’s Director of Operations, said, “We were so impressed with the progress that Mr. Cohen made in such a short time frame that we decided to improve the Sweet Virginia Grow more by adding the newest technologically advanced equipment, to maximize our profit potential. We are already underway making facility-wide lighting changes. Until now, we have been using single-spectrum Ceramic Lights, and we are now moving to Full Spectrum top-of-the-line Efinity LED lighting.

$ERBB) announced today that the improvements it has made to its 12,000 SF “Sweet Virginia" grow operation are expected to increase the estimated annual revenue to $3,200,000 per year, up sixty percent from approximately $2,000,000 per year. American Green has already started to realize increased revenue from the improvements that were made during the 4th quarter of the calendar year.

$$$ $ERBB $$$

great insights

agreed

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$$$