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American Green, Inc. (OTC:ERBB) announced significant improvements to its "Sweet Virginia" grow operation, projecting annual revenue to rise to $3.2 million, a 60% increase from $2 million. Following the hiring of Jacob Cohen as Director of Cultivation, plant yield has already increased by 40%. The company is upgrading to advanced Efinity LED lighting, expected to enhance production by 77% while reducing energy costs by 25%. Completion of enhancements is scheduled for March and April 2022.
American Green has revised the architectural plans for its Cypress Chill grow operation, projecting annual gross revenue to exceed $15 million, up from the previous estimate of over $10 million. This new projection indicates an increase of over 700% compared to its current revenue of approximately $2 million. The updates are attributed to collaboration with architectural firm Gierczyk Inc. and contributions from the cannabis grow operation team. The facility will feature advanced equipment designed to maximize both quality and quantity of production.
American Green has commenced demolition at its new cannabis grow facility, "Cypress Chill", in Phoenix, Arizona, following the issuance of building permit DEM 21043390. The 40,000 square-foot site aims to be operational by year-end, with 36,000 square feet dedicated to cannabis cultivation. The facility is positioned to enhance production efficiency and profitability through its proximity to the existing "Sweet Virginia" grow. Additionally, Cypress Chill will focus on developing premium cannabis products expected to yield higher profit margins compared to current wholesale offerings.
American Green, Inc. (ERBB) has announced the installation of two American Green Xpress™ (AGX) CBD vending machines at the Simon Premium Outlet Mall in St. Augustine, Florida. These machines provide easy access to CBD products without human interaction, featuring advanced facial recognition and age identification systems. Located near prominent stores like Tommy Bahama and Brooks Brothers, the AGX machines aim to enhance sales opportunities in age-restricted products. The company sees potential for expansion in various high-traffic locations throughout the U.S.
American Green, Inc. (ERBB:OTC) announced that its age-identifying and facial recognition software is now operational in its American Green Xpress (AGX) vending machines, allowing consumers to purchase cannabis, CBD, and alcohol products where legally permitted. President David G. Gwyther highlighted the extensive six-year development process, marking a significant milestone for the company. The AGX features automated, biometric verification for age confirmation, simplifying customer onboarding and enhancing sales opportunities in age-restricted markets. The company projects further expansion once cannabis becomes fully legal in the U.S. within two years.
American Green has officially launched on GROUPON, allowing customers to purchase vouchers redeemable at AmericanGreenCBD.com. This partnership aims to enhance sales through a voucher-based program, providing customers with discounts of up to 53%. The initiative is designed to attract new clientele while enhancing customer satisfaction through increased referral capabilities. Management is optimistic that this collaboration will drive sales and brand recognition in Q4 2021. Customers can also take advantage of additional savings by using promotional codes alongside the vouchers.
American Green (OTC: ERBB) has launched a store on Groupon, enabling customers to purchase vouchers for premium Hemp and CBD products. This initiative aims to tap into Groupon's customer base of over 24 million shoppers. The company offers various deals, including $25 worth of products for $15, and anticipates increased sales and brand recognition in Q4 2021. President David Gwyther highlights the unique marketing opportunity this partnership presents, particularly as consumer interest in CBD products continues to grow.
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.
American Green (ERBB) has announced the launch of its Premium Hemp Cream and Hemp Lip Balm on eBay, enhancing its e-commerce presence. This strategic move aims to establish a new revenue stream alongside existing sales on Amazon. The company's president expressed excitement about the eBay marketplace, highlighting its access to over 185 million users globally. The expansion is part of American Green's ongoing strategy to diversify sales channels and boost revenue growth.
American Green (ERBB:OTC) announced an expansion of its e-commerce presence by launching its CBD and Hemp products on Groupon.com starting September 2021. This initiative aims to create an additional revenue stream, following a successful launch on Amazon.com. The president of American Green expressed excitement about reaching over 24 million customers nationwide through Groupon, emphasizing the company's innovative approach in the rapidly growing CBD market. The offerings will be marketed using Groupon's various advertising strategies to maximize reach and revenue.
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