American Green Inc (ERBB)

[nopancakemix]

Buy the Rumor Cycle Will Resume Shortly
Right now the rumor is that there are roughly 30 dispensaries across CO, AZ and CA that have contacted Stephen Shearin about Zazzz placement with as many as possibly 100 placements.

Here are some figures to consider:
CO pulled in $2.5m in tax revenue from merely the first month of recreational legalization of cannabis at a 30% tax rate. Assuming that was about $10m in total sales, that would average over $120m sales per year. If ERBB could capture just 1% of the sales through Zazzz that would be at least $1.2m per year in one state alone. And that figure doesn't factor in that Zazzz would also vend a Zazzz line of vapor pens, American Green apparel and of course, OneBode products (a Tranzbyte company).

Now spread that out over the 22 states with legal medical or recreational MJ and that's around $30m annually from Zazzz machines. Don't forget 15 states have some sort of legalization measures in the upcoming 2014 ballots so the market could expand to 37 states by 2014. By 2016 there could be full nationwide legalization so the figures could easily be as high as $100m+ per year for just the Zazzz machine.

And this is ONLY based on Zazzz potential.

OneBode could become a billion dollar entity as well. With multi-year NBA MVP / superstar Steve Nash as a partner, OneBode (pronounced One Body) could be a monster. Once cash starts flowing or even using share grants, OneBode could work with Nash to secure sponsorships of high profile athletes.

Then there is the Jurrasic O2 cultivation systems which provides great crop yields and shorter grow time, increasing and reducing both respectively by about 50%.

Oh yeah, and ERBB has partnered with Abattis Bioceuticals, a high respected, publicly traded Canadian MJ company.

Last November I wrote a post title "I'm Giving ERBB Until Q2 2014"
Guess what? It's Q2 2014 and I have taken enormous profits since my massive buys last year. Right now I'm just along for the ride, holding the leftover shares for bank or bust. This is the first time in 2 years of following ERBB that I am confident this company is moving forward with the concepts that first intrigued me and got me to invest in the company.

Today's drop does not frighten me a single bit. Could be premature "sell in May and go away", could be tax selling, either way it's has been a broad MJ sector sell off for the past few days after many people take profits on an insanely hot sector. Surely the PHOT halt has folks rattled but I will repeat this important fact again;
THE SEC IS NOT, REPEAT N-O-T LOOKING INTO ERBB. The SEC release regarding the PHOT halt named several other MJ stock, OF WHICH ERBB WAS NOT A PART OF.

Invest or trade only at the level in which you are comfortable. Do not trade or invest with capital you cannot afford to lose because this sector is still volatile.