PHOENIX, AZ, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Today, American Green, Inc. (OTC PINK: ERBB) announced that the City of Phoenix, Arizona has approved the company's application to launch its second cannabis grow facility in West Phoenix. The new state-of-the-art complex will be designed to generate additional annual revenue of more than $10 million for the company.
American Green president, David G. Gwyther said, "At approximately 40,000 SF, this new American Green building will be designed to have about 36,000 SF under canopy and 4,000 SF reserved for production and corporate office space. We are very excited to announce that our new space will be dedicated to developing and selling our own new premium "American Green'' brand cannabis products.. The products will provide higher profit margins than even the quality cannabis product we currently wholesale to over 75 Arizona recreational and medical marijuana dispensaries."
Bryan Croteau, American Green's Cultivation General Manager adds, "Our current "Sweet Virginia Grow" operation has helped us to develop lasting and positive relationships with cannabis dispensaries and wholesalers throughout Arizona over these past years giving us a huge head start in the sales cycle with the American Green-branded cannabis products from our new facility. I believe that it will be these relationships that will help to supercharge our American Green brand cannabis products into the retail supply chain much faster than if we were starting from scratch."
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