American Green Inc (ERBB)

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PHOENIX, AZ, May 04, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- American Green, Inc. (ERBB:OTC) announced today that it has been selling the majority of its Premium Cannabis grown at its “Sweet Virginia” Grow operation to Venom Extracts -- a Curaleaf Holdings, Inc. licensee. Over the past year, American Green has been working with and developing a great relationship with Venom Extracts.

American Green started out selling its premium cannabis on the wholesale market. However, as time went on we also identified a need for premium quality fresh-frozen cannabis, used for producing top quality concentrate products. Currently, American Green-grown premium cannabis products are available to quality-minded customers in more than 50 dispensaries under various high-end cannabis brands throughout Arizona.

Venom has been purchasing a large majority of American Green’s harvests and using the product to create a variety of Live Resin offerings. They are extracting the terpenes from our premium cannabis and using them in many of the Select** Brand concentrate products. Venom is also producing THCA diamonds using American Green’s premium cannabis.

** © 2021 Cura CS

“American Green has a great business relationship with our friends at Curaleaf, and we are looking forward to increasing production while strengthening that relationship as we move ahead with our expansion this year in Arizona and beyond,” said Bryan Croteau, American Green’s General Manager of Cannabis Grow Operations.

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