American Green, Inc.™ (OTC:ERBB) Phase One of Construction Demolition Completed At 40,000 SF Cypress Chill Cannabis Grow
American Green, Inc. (OTC:ERBB) announced the completion of phase one demolition at its new cannabis facility, "Cypress Chill," in Phoenix. President David G. Gwyther expressed satisfaction with the construction progress, noting challenges from supply chain issues and the pandemic. Phase two demolition starts February 15, 2022, with completion expected by March 1, 2022. Building plans will be finalized by the end of March, aiming for facility completion by year-end 2022. Time-lapse videos will document the construction stages for shareholders.
- Completion of phase one demolition at Cypress Chill facility.
- On track for timely construction despite supply chain challenges.
- Time-lapse videos of construction progress will be shared with shareholders.
- None.
PHOENIX, AZ, Feb. 10, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- American Green, Inc. (OTC:ERBB) announced today that phase one of indoor demolition is completed at its new cannabis grow building named “Cypress Chill,” now under construction. Phase two demolition is scheduled to begin by February 15, 2022.
American Green president, David G. Gwyther, said, “We are extremely happy with the progress that Gierczyk Inc.’s construction and architectural teams are making at our “Cypress Chill” grow facility. Turning an empty warehouse into a licensed state-of-the-art cannabis grow facility is a huge undertaking, especially considering we are building in an environment fraught with supply chain issues and what we hope is the tail end of the worldwide pandemic. Phase two demolition is projected to be completed and approved by The City of Phoenix around March 1, 2022, with building plans finalized and submitted before the end of March 2022. We are still on track to have the building complete by the end of this year.”
[See American Green’s Progress by Clicking Here]
There is a time-lapse video showing the progress of the Cypress Chill Phase One Demolition included in this press release. American Green will continue to produce time-lapse videos of the construction progress at Cypress Chill as each Phase of our construction is completed, and make them available to all shareholders.
There are also archives of hundreds of hours of footage from our Sweet Virginia Grow operation that can also be found on the American Green YouTube Channel.
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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 sustainably 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
investor@americangreen.com
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 may be 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.
FAQ
What is the status of the Cypress Chill facility by American Green (OTC:ERBB)?
When will phase two demolition at the Cypress Chill facility be completed?
When does American Green expect to complete the Cypress Chill facility?
Will American Green provide updates on the Cypress Chill construction?
