American Green Inc (ERBB)

[nopancakemix]

The Impact of HB 1317/1318 - 10 Reasons for Optimism
1. ERBB will be a legal marijuana retail operation. This could lead to access to capital from local or regional banks, possibly even outside institutions.
2. ERBB will be able to report earnings, giving transparency to financials.
3. The federal legality issue is now forced upon the US government. With a state constitutional amendment and now with state laws recreationally legalizing cannabis, the case for prohibition gets weaker every day the Feds stall, making it far more difficult to reverse the progress of the legalization efforts.
4. HB 1317/1318 requires sellers to be growers and ERBB is already established as a medicinal retail operation with Altitude Organics, growing and selling their own cannabis products.
5. HB 1317/1318 give existing medical establishments a 9 month headstart on sales because new retail shops will be required to wait before opening shop.
6. Pot tourism will be allowed because the bills allow for out of state visitors to purchase cannabis.
7. Colorado could be a benchmark for Washington, allowing for Altitude Organics to expand.
8. Liquor stores would probably not dedicate much floor/shelf space for cannabis BUT they may be interested in putting a cannabis vending machine in the store. ERBB has a vending machine which incorporates their radio frequency tech, making a win win situation selling cannabis product and RFID tech
9. New tax revenues will be collected, new jobs will be created, drug cartels will lose control of a major source of income, violence should be reduced, unjust incarceration should decrease....
10. Most important patients and individuals will be able to safely access and use cannabis.