Wednesday, July 02, 2014 9:47:30 AM
American Green Acquires Valley Hydroponics and Organics in SonomaWednesday 07/02/2014 08:04 AM ET - MarketWire via Dow Jones News
American Green Acquires Valley Hydroponics and Organics in Sonoma Company Reduces Stock Float by 180 Million Shares TEMPE, AZ--(Marketwired - Jul 2, 2014) - American Green (OTC Pink: ERBB) (PINKSHEETS: ERBB) has purchased the assets including all inventory, the business name and all web presence of Valley Hydroponics and Organics. This acquisition gives American Green a large market share in the general Sonoma area. The assets and inventory will be merged with American Green's newly acquired Green Universe as a dominant force in Sonoma. Green Universe was purchased just last week by American Green (http://www.bloomberg.com/article/2014-06-25/ab29s_lICbyA.html). Sonoma and the surrounding areas, especially the Emerald Triangle to the north, is a key area for Cannabis cultivation in the US. The company believes that operating in an area with so many skilled professionals provides a great market for American Green, but more importantly the opportunity to interact with those professionals.
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