American Green (OTC:ERBB) Confirms the Launching of Its CBD and Hemp Products with Groupon® Nationwide in September

Rhea-AI Summary

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.

Positive

• Expansion into Groupon.com adds a new revenue stream for American Green.
• Access to a customer base of over 24 million users on Groupon enhances market reach.
• Successful prior launch on Amazon indicates strong market potential.

Negative

• None.

PHOENIX, AZ, Aug. 27, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Today American Green (ERBB:OTC) announced that it will be expanding its E-commerce presence by launching on Groupon.com.  American Green’s premium CBD and Hemp products will be able to be purchased with vouchers located on the Groupon.com platform beginning next month (September 2021).  The company is excited to add sales from Groupon as another revenue stream and hopes to echo or exceed the success it is currently enjoying following its launch on Amazon.com. 

David G. Gwyther, American Green’s  president, said, “We are extremely excited to offer our CBD products on Groupon.com  There are very few e-commerce outlets that sell CBD direct to consumers, and Groupon is by far the largest and most successful platform.  Groupon has over 24 million customers nationwide.  Consumers throughout the country will now have direct access to all of our CBD and Hemp products on Groupon.com.”

“American Green is always looking for innovative ways to introduce its CBD and Hemp products to new prospects and new marketplaces. Groupon is perfectly aligned with our goals with respect to pioneering new ideas that drive rapid growth in e-commerce environments,” said Kevin Davis, VP President of Sales for American Green.

The American Green offers will be optimized and marketed under Groupon's proprietary methods which include but are not limited to: flash sale offers, remarketing campaigns, utilization of additional channels (such as the Groupon app and partner websites) and other online advertising channels.

American Green’s Online Emporium continues to demonstrate year-over-year growth and sales of American Green-brand CBD and Hemp products and now expects to generate more revenue in September 2021 and beyond with another internet giant - Groupon.com.

Shareholders and interest holders may also stay current with American Green Updates:

American Green’s Main Website at www.americangreen.com

Twitter:  @American__Green (two underscores), or

Facebook:   https://www.facebook.com/americangreenusa

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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

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 American Green's new e-commerce initiative as of August 2021?

American Green is launching its CBD and Hemp products on Groupon.com starting in September 2021.

How does American Green plan to increase sales on Groupon?

The company will utilize Groupon's marketing strategies, including flash sales and remarketing campaigns.

What was the previous e-commerce platform used by American Green?

American Green previously launched its products on Amazon.com before expanding to Groupon.

What is the significance of Groupon's customer base for American Green?

Groupon has over 24 million customers nationwide, providing significant growth potential for American Green's sales.

When will American Green products be available on Groupon?

The products will be available for purchase on Groupon.com beginning in September 2021.