Replies to post #276595 on American Green Inc (ERBB)

[KickolasNage]

Thank you for taking the time to answer my questions, and for the quality answers.

Previously you have mentioned that vending machines get stolen (not the AGM specifically) in your field of work. What sort of security features are in place on the American Green Machine to prevent or alarm theft? Considering the machine may one day contain very valuable product and positioned in a public setting, I'd be interested to hear what sort of anti-theft mechanisms are in place if you can provide that information.

Reading over your answers, it seems like the American Green Machine's main purpose is to limit wait times in dispensaries, and to prevent the use of fake IDs in purchasing products. From the perspective of a dispensary owner, would you say the additional cost of having the vending machine in your dispensary (and in turn taking up space) is worth it for those reasons alone?

My understanding is that the primary purpose of a vending machine is to remove the need for an employee, and to offer a good in a place where that good is not available. Rest stops, stadiums, school hallways, for example, selling drinks and snacks. However, your business plan is focused more on the machine being used inside the dispensary to reduce wait times. Fake IDs will be used either way to purchase products inside the dispensary, that is an inevitable whether the machine is there or not. An employee will still be present within the dispensary, so the vending machine is not necessarily saving on employee costs, and it is offering a product that is also available within the vicinity of the machine. So the potential of the machine seems to rest on saving wait time for the customer. Based on your research, do you know how much of a problem this is for dispensaries, and if the vending machine is in demand for solving that problem?

[lukechen817]

Lindel
I have some questions for you (thanks for coming on).

1) The AGM has been available for over a year now, how many have been sold (not placed, actually generating revenue for AG)?

2) The way I understand the process, a user must first register with someone at the dispensary and get their ID checked and finger prints taken. How does the AGM stop someone with a fake ID? If they have a good one they will just get it checked when they register for the account?

3) Who does the registration and fingerprinting? AG or the dispensary?

4) What is the rationale for having a verified vending machine inside a place that you get your ID checked to enter? This seems redundant and the dispensary could use a much cheaper vending machine inside instead of the complicated AGM. These machines are already in place in many dispensaries.

Thanks

Luke

[frontloading]

Lindel, respectfully, thx for having the balls to approach board..i'm formulating a couple of AGM questions and i will attempt to stay within the parameters you outlined..