American Green Inc (ERBB)

[lukechen817]

Here is why AGM will fail. The AGM is a hugely over designed piece of junk that will never ever see any market traction. I will provide my views on this and please feel free to give me some facts on why they are wrong. First lets review the stated markets you are going after with the AGM:

1) MJ. AGM will be a failure here as an age verification system inside a store where you need to get your ID checked to enter is completely unnecessary. Machines without verification already exist and are in use.
2) Pharam. The AGM is years late to the pharma market with a vending machine. You lack the capital, strategic planning and sales expertise to even come within a hair of this market.
3) Beer. Simply put this is simply illegal. Beer will never be allowed to be sold in an un monitored vending machine.
Now lets analyze what we know of the the AGM and why the features are stupid.
1) Setting up an account. Who is going to capture the fingerprints of the user? The dispensary? AG?
2) Setting up an account part two. What self respecting stoner is going to want to have their fingerprints captured in some database that lists them as an MJ user? This is so stupid it is comical.
3) Repeat of the first section…..no need for an age verification machine inside a dispensary. So stupid yet again.
4) Requiring use of a smart phone. Again so stupid…..lets make the process easier not harder.
So while AGM can’t yet be labeled a failure it certainly will be in short order. Lies and stock promotions aside, there is no market for this product.