Tempe, Arizona, Sept. 17, 2014 (GLOBE NEWSWIRE) -- American Green, Inc. (OTC: ERBB), headquartered in Tempe, Arizona is a technology based company that operates in the medical marijuana space. ERBB is dedicated to the renewal of the American economy by developing and growing vertical retail supply chain technologies, systems, and investments. The Company, formerly known as Tranzbyte Corporation; employs an integrated model of "Seed to Sell". In an exclusive sit-down interview with Stephen Shearin the company's President and COO, UPTICK Newswire has gained an extensive understanding of American Green's model of "vertical integration".
"This entire movement in the American economy, the end of prohibition of cannabis; has presented the country with a vast opportunity that American green sees as a huge opportunity for itself, and its shareholders by extension. To capitalize on the untold opportunity of wealth that comes with everything from seed to sell. Vertical integration is where our operations can not only save money by having the wholesale opportunities of servicing our own companies; but earn additional monies by serving other people who are in a similar area."
Stephen went on to state:
"We are going to sell clean product that's created without pesticides, while also advancing the medical safety of people, we're studying it. American Green is about creating jobs in local areas by using tried and true American business practices. This is about producing efficiencies for business but, also security for shareholders by boarding our footprint and not just being the one trick pony of ZaZZZ."
American Green believes in relentlessly refining product lines to produce exceptional quality driven products. ERBB currently supports testing in California of medical crops utilizing several proprietary methods. The research outlines growth in light deprived greenhouses, in respect to extracting the CBD for testing, analysis, and medical applications.
In 2009 American Green became the first publicly traded medical marijuana dispensary brand in the world. ERBB has developed retail, brand, and commercial cultivating solutions in partnership with licensed retail medical marijuana dispensaries nationwide. As mentioned earlier, American Green employs a model of "vertical Integration" throughout its operations and subsidiary companies.
American Green has presented an effective enterprise by employing "seed to sell" throughout its expanding network of properly positioned subsidiaries. The Company's divisions consist of ZaZZZ, a temperature controlled, age-verifying marijuana vending machine. In addition to a cultivation division including Jurassic water and and LED lighting which is currently the lowest per watt cost of any LED grow light on the market as well as the recently acquired OG Tea Corporation focuses on veganic growth products systems with an emphasis on general produce, and reiterates the company's primary goals.
UPTICK Newswire has initiated a buy coverage on American Green (ERBB), with a one year price target of $0.50.
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, 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.
CONTACT: UPTICK Newswire 602-441-3474 Source:American Green, Inc.