American Green Inc (ERBB)

[cashpot]

Pulled From The American Green Financials Harvest Time Sounds Good To Me LOL

The Company is currently leasing an approximate 12,000 square foot industrial
building that it is zoned for growing medical marijuana for $6,000 a month. The
lease provides for three five year extensions that could ultimately be extended
thru November of 2034.
As of September 30, 2017 the Company spent $1,124,563 on improvements to
the state-of-the art grow facility and anticipates having to spend an additional
$100,000 in order to complete the improvements.
The facility is operating under a Management Services Agreement with a
registered and licensed Arizona cannabis provide under the Arizona Department
of Health Services. The Agreement is in effect through August of 2020. The first
“harvest” for the licensee is projected to occur in early 2018.