American Green (OTC:ERBB) Architectural Plans for its 40,000 s.f. Cypress Chill Cannabis Grow are in the Final Review Phase
12 Janvier 2023 - 1:52PM
InvestorsHub NewsWire
American Green (OTC:ERBB)
Architectural Plans for its 40,000 s.f. Cypress Chill Cannabis
Grow
are in the Final Review Phase
PHOENIX, AZ -- January
12,
2023 -- InvestorsHub NewsWire
-- American
Green (ERBB:OTC) announced that it has submitted
architectural plans for its 40K sf Cypress Chill cannabis grow
operation to the City of Phoenix and the plans are now in the final
review phase. The Company purchased
the building in May of 2022. American Green plans
to begin the full construction and renovation process once it gets
final plan approval and the building receives its permits.
The Company hopes to receive that approval near the end of February
2023.
The City has recently incorporated brand new cannabis building
requirements that American Green's architects were able to complete
while the plans were still in review allowing the process to
continue without delay. This saves American Green time and
money, both now, and in the future, by greatly reducing
architectural plan changes.
Although the project has taken longer than The Company expected due
to supply chain issues that directly affected building design,
architectural plans, and securing proper grow equipment, we are
extremely excited to move forward and towards completion.
Recently, 21 air sterilization units and two fluid coolers were
delivered to Cypress
Chill.
"I can't stress enough how important it has been that American
Greens architectural firm is using the self-certification process
to move forward through the review phase of its architectural plans
and we hope to complete this project in early 2024." said
David G. Gwyther, American Green's president.
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, 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 the Company's
current expectations 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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