American Green Inc (ERBB)

[TanMan7272]

Sorry pretty lengthy - from scottrade
I just took it as we got added press because we are contributing to the technology needed in the industry.

Advanced Cultivation Technologies for Legal Marijuana & Cannabis Growers Impact Growth of Expanding Cannabis Industry
7 hours 3 minutes ago - DJNF

CORAL SPRINGS, Florida, January 8, 2015 /PRNewswire/ --
Company Acquires Majority Interest in Leading Cannabis Seed-to-Sale Tracking Platform And Receives Coverage in New Analyst Report

Need for substantially improved technologies and advancements in hot demand for medical marijuana programs & cannabis growers as regulatory structures are defined for operations in U.S. states where legalized marijuana and CBD oils are currently approved. Companies in focus today are: Surna, Inc. (OTC: SRNA), Terra Tech Corp. (OTC: TRTC), Nuvilex, Inc. (OTC: NVLX), Hemp, Inc. (OTC: HEMP), American Green, Inc. (OTC: ERBB).

Surna, Inc. (OTCQB:SRNA) has signed a definitive agreement to acquire a controlling interest in Agrisoft Development Group, a privately-held company that is one of the leading software developers of seed-to-sale tracking systems for licensed cannabis cultivation and distribution companies. The deal will provide Surna with additional technology and capabilities to complement its current technology portfolio. Agrisoft is led by Charles Ramsey, CEO, and Matt Cook, COO. Cook authored and implemented Colorado's medical marijuana regulatory structure, led the Medical Marijuana Enforcement Division and is widely regarded as the leading regulatory and implementation expert. Cook personally assisted with legalized cannabis legislation in numerous states across the country. Agrisoft provides one of the most effective tracking solutions that exceed the most stringent regulatory requirements being implemented for licensed cannabis cultivation.

"We are convinced that this highly-sought acquisition will enable us to substantially increase our strength and impact in the cannabis industry, " said Tom Bollich, CEO of Surna. "Because of my background in software development this particular acquisition is nothing short of a perfect storm in regards to Surna's diversification and rapid growth. Agrisoft is the ideal platform to expand upon to develop a strong, comprehensive system that seamlessly integrates with Surna's existing and future technology. This is a game changer for us."

Read the FULL SRNA Press Release at http://www.financialnewsmedia.com/profiles/srna.html

David Traylor, Surna's CBO stated, "The addition of a software point-of-sale tracking system fits ideally with our strategic direction of providing a complete solution for process control and monitoring that is necessary for licensed cannabis cultivation." "Surna's proprietary technology improves cannabis grow operating margins by significantly increasing energy efficiency. Agrisoft's management and capabilities provides regulators, legislators, and banks with greater confidence in regards to the required decision making that will expand the cannabis industry. Surna and Agrisoft make the cannabis industry a more common sense, economically sound option for businesses and states," said Agrisoft COO Cook. The deal is expected to close in the first half of 2015.

a Surna (SRNA) analyst report was issued by Small Cap IR - According to Arc View Market Research, the market for legal marijuana is expected to reach $2.57 billion in sales for 2014, growing from $1.53 billion in 2013. This growth is expected to continue, with the market reaching $10.2 billion by 2018. Between 2009 and 2014, the cannabis industry grew 16.2% annually, and growth is expected to increase to 23.3% annually between 2014 and 2019. Cannabis is currently the fastest growing industry in the United States. If marijuana is legalized at the federal level, revenues for the legal cannabis industry could reach $35 billion by 2020 according to Greenwave Advisors. Currently, 23 states have legalized medical marijuana, and two states, Washington and Colorado, have legalized marijuana for recreational use. One company targeting the market for ancillary products for legalized marijuana cultivation is Surna Inc. An analyst report on SRNA that includes a company overview, market and competition breakdown, recent events, outlook, analyst summary, valuation, and recommendation can be viewed by using the following link at no cost: http://smallcapir.com/medical-marijuana-equipment-supplier-stands-out-from-the-crowd/

In other Cannabis/Vapor News and Happenings in the marketplace: Terra Tech Corp. (OTCQB: TRTC) subsidiary Edible Garden, an urban agricultural company, announced a new line of organic living produce. The company has received organic certification, from Baystate Organic Certifiers, for their line of 4" potted herbs. Baystate is a USDA National Organic Program accredited certifying agent that certifies farm operations in the Northeast & Mid-Atlantic United States. "We have worked hard this year to get our new facility up and running all while making certain we were cultivating in a manner to achieve organic certification," explains Ken Vande Vrede COO of Terra Tech. "Consumers are demanding organic products and we wanted to make certain we were in a position to capture that expanding part of the market. This opens the door for us to additional retailers who are only looking for organics."

Nuvilex, Inc. (OTCQB: NVLX) recently announced that the Company has changed its name to PharmaCyte Biotech, Inc. Shares in PharmaCyte Biotech will trade under the new ticker symbol "PHCB" on the OTCQB electronic platform. The new symbol is expected to become effective at the open of the market on January 8, 2014. The name change is part of the Company's transformation process to operate solely as a pure biotechnology firm leveraging its Cell-in-a-Box(R) technology, a proprietary cell encapsulation platform being utilized to develop "targeted" treatments for solid cancerous tumors and insulin dependent diabetes. "Over the past year, we've implemented an aggressive strategy to facilitate the advancement of the treatments we are developing for cancer and diabetes, with our Cell-in-a-Box(R) technology at the core of these treatments. Our new name reflects the tremendous progress we've accomplished in terms of clinical development and signifies the structural completion of our transition to becoming a fully dedicated biotechnology company," said Kenneth L. Waggoner, Chief Executive Officer of PharmaCyte Biotech. Read more here: http://finance.yahoo.com/news/nuvilex-announces-name-change-pharmacyte-143000649.html

Hemp, Inc. (OTCPink: HEMP) recently updated its shareholders on its decortication plant in North Carolina. In continuing to ensure the company's future success, CEO Bruce Perlowin, visited the decortication plant in North Carolina last month to meet with his Project Officer and contractors. During a series of meetings, Perlowin was able to review the budget and make necessary changes, meet with specialists to potentially contract with, inspect the grounds and equipment for optimal efficiency, inspect the Kenaf on-hand, and review security measures being taken. As previously mentioned, Perlowin's personal guarantee to the company's future success in its next critical phase was proven in the initial strategic decision to negotiate the purchase of theautomated Temafa decortication line which can be used to process raw hemp and Kenaf for the American farmers. "A lot has happened since we first purchased our plant. The initial budget of 1.2 million almost doubled, as it increased to 2.3 million dollars to disassemble and move the equipment from its initial location to its current home to reassemble it and get it operational, so we've had to make a lot of adjustments with funding decisions," said Perlowin, CEO of Hemp, Inc.

American Green, Inc. (OTCPink: ERBB) operates as a technology company in the medical cannabis industry in the United States. It develops retail, brand, and commercial cultivating solutions in partnership with licensed retail medical marijuana dispensaries operated under the American Green brand name. The company operates ZaZZZ, a consumer operated marijuana vending machine for automated, age-verifying dispensing of cannabis-based medicines. It also offers Jurassic Water for cannabis plants; truth lighting, a LED lighting solution; and OG tea nutrients, a specialty fertilizer product. On Wednesday, ERBB closed down 4.35% on over 12.8 million shares traded.

Electronic Cigarettes International Group, Ltd. (OTCQB: ECIG) one of the largest electronic cigarette companies in the world and marketer of electronic cigarette and vapor products brands including VAPESTICK(R), FIN(R), Victory(R), and VIP(R), recently announced that it has commenced a major new national advertising campaign behind the FIN(R)Advanced Vaping System in the United States. The campaign supports the expansion of the ECIG's Advanced Vaping System "AVS", one of the group's most successful product launches in its history that has expanded to more than 30,000 accounts in both the United States and Europe. The new multi-million dollar campaign supports the national distribution that the FIN(R) AVS has gained in less than 4 months since its initial launch, led by some of the largest pharmacy chains in the United States.

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January 08, 2015 08:45 ET (13:45 GMT)