American Green, Inc.™
(OTC:ERBB) Distributing the Majority of its
Premium Cannabis Products through Venom Extracts in Over 50 Arizona
Dispensaries
PHOENIX, AZ --
May 4, 2021 -- InvestorsHub NewsWire -- American Green, Inc.
(ERBB:OTC) announced
today that it has been selling the majority of its Premium Cannabis
grown at it's "Sweet Virginia" Grow operation to
Venom Extracts - a Curaleaf Holdings, inc. licensee. Over the past year,
American Green has
been working with and developing a great relationship with Venom
Extracts.
American
Green started out selling its premium cannabis on the
wholesale market. However, as time went on we also identified a
need for premium quality fresh-frozen cannabis, used for producing
top quality concentrate products. Currently, American Green-grown
premium cannabis products are available to quality-minded customers
in more than 50 dispensaries under various high-end cannabis brands
throughout Arizona.
Venom has been purchasing
a large majority of American Green's harvests and using the product
to create a variety of Live Resin offerings. They are extracting
the terpenes from our premium cannabis and using them in many of
the Select** Brand concentrate products. Venom
is also producing THCA diamonds using American Green's
premium cannabis.
**
© 2021 Cura
CS
"American Green has a great
business relationship with our friends at Cureleaf, and we are
looking forward to increasing production while strengthening
that relationship as we move ahead with our expansion this year in
Arizona and beyond," said Bryan Croteau, American Green's General
Manager of Cannabis Grow Operations.
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
Instagram:
https://www.instagram.com/americangreenusa/
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, strives 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.