American Green Inc (ERBB)

[Pennystomper55]

American Green-Signs-Joint-Venture-Agreement-for-License-and-Management-of Concentrate-Facility-in-Colorado

Oh wait, just another lie to sell worthless shares. SCAM ON!

https://www.otcmarkets.com/stock/ERBB/news/American-Green-Signs-Joint-Venture-Agreement-for-License-and-Management-of-Concentrate-Facility-in-Colorado?id=109814&b=y

American Green Signs Joint Venture Agreement for License and Management of Concentrate Facility in Colorado

TEMPE, AZ- American Green, Inc. (OTC Pink: ERBB) announced today it has taken a giant leap towards its stated goal of licensing the American Green brand to producers of various cannabis products. It was the natural step following our announcement of July 7 regarding the managed services agreement with Herbal Elements. Not only does it solidify the relationship, it creates a formula for duplication that will enable our goal of enabling product continuity from state to state; and, it establishes a process by which American Green can appear in several states as a branded partner providing national recognition of its name and the products found in partner dispensaries.

Stephen Shearin, president of American Green, stated, "It has always been the goal that American Green, the brand, should be a household name in the marijuana sector. As the market matures into a consumer product, we want to collaborate with valued partners to instill trust, quality, and consistency in a variety of popular cannabis products. We have a great partner in Herbal Elements and its president, Greg Honan. Our first facility in the Eagle/Vail area will supply the state of Colorado with premium American Green concentrates for the medical and recreation markets. Colorado is projected to hit $900,000,000 in combined medical and recreational sales this year. We fully intend to represent a piece of that market."

"We've been working together for over a year discussing how this could take shape and the time is right to start the American Green product line. We believe our new extraction processes will create consistent, quality extractions for medical and recreational use. Our central location is perfect for statewide distribution. We're excited to broaden our relationship with American Green, to license their brand, and together manage the growth of our products in Colorado," added Mr. Honan of Herbal Elements, now a licensed American Green Partner.