HEY AT LEAST AG HAS GIVEN HOURS OF HILARIOUS ARTICLES TO READ,
HERE IS A OLDY, PLEASE read the language and how well this written.
If you are new here there are dozens of well written announcements of events that sounded factual that were lies.
Enjoy, The article below is a fine example of what the current president allowed to happen under hus watch..
There was never a building purchases in Tempe, there were never any dispensaries selling AG weed.
Never COO, or a CEO or a president needed be.
ERBB has created a illusion that it is a MJ company, they farm ketchy names, lies and name drop so much because they are nobody..
American Green Executes Purchase Agreement for Medical Marijuana Dispensary Building in Tempe, Arizona
March 22 2016 - 08:07AM
InvestorsHub NewsWire
TEMPE, AZ--(NewMediaWire - Mar 22, 2016) - American Green, Inc. (OTC PINK: ERBB) today announced that it has it signed a Purchase Agreement for a Class A building in Tempe, Arizona that will be a prime location for a Medical Marijuana Dispensary it will lease to one of its license holder clients.
"As previously reported in December of last year, American Green received approval from the City of Tempe to purchase the building for the purpose of leasing it to an AZDHS license holder for use as a medical marijuana dispensary," says Jonathan Miller, American Green CEO. "The required zoning to operate a dispensary in this building was approved in advance of a moratorium preventing further dispensary openings in Tempe for at least a year." Tempe is home to Arizona State University.
"This will be the only MMJ dispensary in a Class A building in the greater Phoenix area. The surrounding cities of Tempe, Chandler and Ahwatukee will provide the bulk of clients for the dispensary. It has easy on/off access from I-10. The area is underserved and should generated substantial revenue based on existing patient counts in the area," Miller continued. "There are several dispensaries in town generating more than one million dollars per month in revenues. It is important to note that currently all cannabis products produced in the state of Arizona are sold -- there is not a surplus of material or medicine. The best product sells first and drives repeat, loyalty purchases. American Green's Master Grower, Alfred Hermiz, will be directing cultivation in the Phoenix facility and we are confident in his ability to produce top quality product with which, this dispensary should be able to reach similar sales numbers."
"With this acquisition, American Green takes another important step toward the fulfillment of its stated plan of investing in assets, improving those assets, and deriving income from those assets. In addition to rent revenues, the Company is contracted to participate in the management of the cultivation and dispensary to the extent allowed by law. This model is being repeated in other states and furthers American Green's goal of becoming a national brand as well as positioning American Green within the changing legal landscape to one day secure its own licenses for production, distribution, and sales of legal marijuana products," concludes Miller.
