American Green Inc (ERBB)

[Pennystomper55]

Herbal-Elements-in-Colorado-Becomes-American Green

Oh wait, just another lie to sell worthless shares

TEMPE, AZ--(Marketwired - Jun 9, 2016) - American Green, Inc. (OTC PINK: ERBB) is pleased to announce that Herbal Elements of Eagle Vail, Colorado has changed its store name to American Green under a branding/licensing agreement with the Company.

"Our company has enjoyed a valuable relationship with Herbal Elements and owner Greg Honan over the past several years. We've helped the business by financing expansions in cultivation and extraction facilities. We've provided solutions that include American Green-branded packaging," stated Jonathan Miller, American Green CEO. "We are financing Mr. Honan's effort to expand into Parachute, Colorado, and are working with him on a wider strategy in this cannabis-pioneering state to gain consumer mindshare of American Green."

American Green's strategy to work with operators in various states providing branded packaging solutions has become more successful. Initiatives are well underway in Arizona, Colorado, Washington and Oregon. Both American Green and the operators that use American Green-branded packaging follow all state and municipal rules that regulate the local cannabis industry.

"It makes great sense to change the name of our medical store to American Green and to use the American Green brand in our Parachute location when that facility opens. The name, 'Herbal Elements' was a perfect name for us 7 years ago when I started the business, but now there are too many 'herbal' companies, making it difficult for consumers to differentiate. The name 'American Green' is perfect. People really like it, and they immediately relate to it. The packaging drives home the message of quality and consistency," said Greg Honan, owner of Herbal Elements. "The American Green brand is licensed to Herbal Elements and we buy packaging under a flat fee agreement at competitive prices. I believe working with the American Green brand and packaging delivers a competitive edge that drives traffic to our business."

Following the successful purchase of the future dispensary property located in Tempe, AZ (http://mcassessor.maricopa.gov/?s=301-53-217), the Company continues on-plan and on-target for the cultivation facility completion in mid-August. As discussed in previous releases and conference calls, the Company has forecast revenues in the calendar Q4/16 that will cover operational expenses and allow the Company to pay down debentures in 2017.