American Green (ERBB) Launches on eBay™ Featuring the Company's Premium Hemp Cream and Hemp Lip Balm
American Green (OTC Pink: ERBB) announced its expansion into e-commerce by selling its Premium Hemp Cream and Hemp Lip Balm on eBay, aiming to replicate its success from Amazon.com. The company emphasizes the potential to leverage eBay’s vast user base of over 185 million globally, offering free shipping to U.S. customers. This initiative is expected to enhance revenue streams, with a focus on further expanding sales channels in the cannabis and CBD market. The company anticipates increased sales growth starting in September 2021.
- Expansion into eBay adds a significant revenue stream.
- Potential to reach over 185 million users worldwide.
- Free shipping offered to all U.S. customers may enhance sales.
- Ongoing growth in online sales channels contributes to revenue expectations.
- None.
PHOENIX, AZ, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Today American Green (OTC Pink: ERBB) announced today that it has begun selling its Premium Hemp Cream and Hemp Lip Balm by expanding its E-commerce presence on eBay.com. The company is excited to add sales from eBay as another revenue stream and plans to meet or exceed the success it is currently enjoying following its launch on Amazon.com last December.
David G. Gwyther, American Green's president said, "We are thrilled to offer our premium hemp products on ebay.com Our products will be made available with eBay's "Buy it Now" function and will include free shipping to all US customers. Consumers throughout the world will now have direct access to American Green's premium hemp products on eBay.com." Ebay currently has over 185 million users worldwide.
"Over the past year, American Green has been actively expanding the company's vertical sales channels, and eBay is a great marketplace for that expansion to continue throughout the United States and the world," said Kevin Davis, Vice President of Online Sales for American Green. "We are constantly evaluating new e-commerce platforms that we believe will further the company's reach for our popular premium hemp cream and lip balm products", concluded Davis.
American Green's Online Emporium continues to demonstrate year-over-year growth and sales of American Green-brand products and now expects to generate more revenue in September 2021 and beyond with ebay.com added as another income stream
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About American Green, Inc.
In 2009, American Green, Inc. became America's second publicly traded company in the cannabis sector. American Green now, with its more than 50,000 certified beneficial shareholders, is one of the largest (in shareholder count) in the cannabis sector. American Green's mission is to lead the cannabis and premium CBD industry. Leveraging our team of professionals in cultivation management, manufacturing, extraction, wholesale, retail, and community outreach, we strive to develop sustainable initiatives in the cannabis-adjacent and CBD industries, laser-focused on adding company and shareholder value.
For more information:
Contact:
American Green, Inc.
Investor Relations
2902 W. Virginia Ave
Phoenix, AZ 85009
480-443-1600 X555
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private
Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements maybe identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, be should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.
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