American Green Inc (ERBB)

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“American Green is extremely excited to take advantage of this fantastic opportunity to own its own cannabis grow facility. Over the last 3 months, we have consulted with a number of real estate professionals involved in the cannabis real estate market here in our home state of Arizona, and they have provided compelling studies and facts showing that now would be a great time to purchase the building on which the company has already begun construction under its existing lease agreement with the building owner. Commercial real estate prices in the Phoenix area - especially cannabis-approved commercial buildings - have gone up in value since American Green signed its lease with the option to buy the building last year,” said David G. Gwyther, president of American Green.