{"id":395287,"date":"2020-12-08T08:33:32","date_gmt":"2020-12-08T13:33:32","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=395287"},"modified":"2020-12-08T08:33:32","modified_gmt":"2020-12-08T13:33:32","slug":"2020-ends-with-the-passage-of-recreational-cannabis-in-arizona-and-across-the-board-improvements-in-revenues-and-operations-for-american-green","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/2020-ends-with-the-passage-of-recreational-cannabis-in-arizona-and-across-the-board-improvements-in-revenues-and-operations-for-american-green\/","title":{"rendered":"2020 Ends With the Passage of Recreational Cannabis in Arizona and Across-the-Board Improvements in Revenues and Operations for American Green"},"content":{"rendered":"
\n

Phoenix, AZ, Dec. 08, 2020 (GLOBE NEWSWIRE) — via NewMediaWire<\/u><\/a> — American Green\u00a0(ERBB:OTC)<\/strong><\/a>\u00a0announced today that despite the overall crumby Covid year we\u2019ve all been having, the company has made significant progress in both overall numbers as well as in the company\u2019s separate divisions. Company president, David Gwyther, and American Green\u2019s division heads break it down.<\/p>\n

\n \u201cSweet Virginia\u201d Managed Cannabis Grow in Phoenix, AZ<\/strong>\n <\/p>\n

Gross revenues from the company\u2019s managed grow operation were 19% higher for the three months ending September 30, 2020, compared to the revenue for the same three-month period in the previous year. This improvement resulted in a division gross profit on our managed grow operation that was 15% higher for the three months ending September 30, 2020, compared to the revenues for the same three months during 2019.\u00a0 According to David Gwyther, \u201cWhen considering all the hoops that our Site Manager, Bryan Croteau, had to jump through in order to stay one step ahead of Covid, he has done an amazing job keeping all the wheels on our cultivation cart.\u201d<\/p>\n

According to Mr. Croteau, \u201cEven though Recreational Marijuana has just been voted in by the people of Arizona, we are already seeing its expected positive economic impact.\u00a0 Many dispensaries in Arizona are buying more products than ever in anticipation of serving the state\u2019s expected onslaught of new recreational customers arriving in the marketplace for the first time in 2021.\u00a0 The recent uptick in statewide sales has created a product shortage and, like any supply-and-demand situation, we are seeing increased prices for our premium quality products. We anticipate this will continue for some time until the market stabilizes. Meanwhile, we will continue to make tweaks and changes to further increase our yields making our Phoenix grow space as profitable as possible,\u201d concludes Mr. Croteau.<\/p>\n

\n American Green\u2019s Smart Vending Division<\/strong>\n <\/p>\n

The American Green verified vending machine division is taking a giant step forward with an amazing new feature that will make signing into our AGM network of smart machines much simpler. According to the company\u2019s principal vending consultant, Lindel Creed, \u201cIt\u2019s called\u00a0LiveOp<\/strong> – which integrates a live person into American Green\u2019s \u2018Over 21\u2019 verification system. We believe our system will surpass currently accepted \u201cover-the-counter\u201d sales guidelines to assure that our AGM machine customers are over 21 years of age prior to making a purchase. Site testing for this innovative technology is scheduled to begin early in the coming year.\u201d<\/p>\n

\n American Green\u2019s CBD Emporium<\/strong>\n <\/p>\n

The Company\u2019s\u00a0Online Store located at www.americangreencbd.com<\/a>\u00a0is growing in both momentum and repeat orders. According to Worldwide Sales VP, Kevin Davis, \u201dGross revenues during our most recent quarter were 50% higher than the same quarter in the prior year and our cost of sales were 15% less compared to the same quarter in the prior year because our increased sales volume has enabled the Company to earn deeper discounts from our bulk purchases.\u00a0 The company will be instituting additional national sales channels and an innovative subscription program in the coming year.\u201d<\/p>\n

\n
\n American Green Holiday Sale<\/b>
\n <\/b>\n <\/p>\n

\n
\n Nine CBD Products, $19.95\/Each<\/b>
\n <\/b>\n <\/p>\n

This week we are offering 9 of our most popular CBD Products for $19.95 each, with Free Shipping.<\/p>\n

\n HOLIDAY DEALS<\/a>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n
PRODUCT<\/td>\nPRICE<\/td>\nSAVINGS<\/td>\n<\/tr>\n
\n 400MG CBD Oil<\/a>\n <\/td>\n\n $19.95<\/a>\n <\/td>\n\n 50 % OFF<\/a>\n <\/td>\n<\/tr>\n
\n 500MG Pet Tincture<\/a>\n <\/td>\n\n $19.95<\/a>\n <\/td>\n\n 33% OFF<\/a>\n <\/td>\n<\/tr>\n
\n 50MG Bath Bomb Bundle <\/a>\n <\/td>\n\n $19.95<\/a>\n <\/td>\n\n 30% OFF<\/a>\n <\/td>\n<\/tr>\n
\n Cinnamon Mints (25 Pack)<\/a>\n <\/td>\n\n $19.95<\/a>\n <\/td>\n\n 33% OFF<\/a>\n <\/td>\n<\/tr>\n
\n Citrus Mints (25 Pack)<\/a>\n <\/td>\n\n $19.95<\/a>\n <\/td>\n\n 33% OFF<\/a>\n <\/td>\n<\/tr>\n
\n 100MG Peppermint Balm<\/a>\n <\/td>\n\n $19.95<\/a>\n <\/td>\n\n 33% OFF<\/a>\n <\/td>\n<\/tr>\n
\n 100MG Plain Balm<\/a>\n <\/td>\n\n $19.95<\/a>\n <\/td>\n\n 33% OFF<\/a>\n <\/td>\n<\/tr>\n
\n 500MG Massage Oil (Peppermint)<\/a>\n <\/td>\n\n $19.95<\/a>\n <\/td>\n\n 50% OFF<\/a>\n <\/td>\n<\/tr>\n
\n 500MG Massage Oil (Cinnamon)<\/a>\n <\/td>\n\n $19.95<\/a>\n <\/td>\n\n 50% OFF<\/a>\n <\/td>\n<\/tr>\n<\/table>\n

\n *<\/em>
\n
\n HOLIDAY DEALS<\/em>
\n <\/a>
\n END 12\/11 @ 11:59 PM (EST). <\/em>\n <\/p>\n

\n
\n SAVE 25% ON EVERYTHING ELSE BY USING PROMO CODE\u00a0<\/b>
\n
\n DEC25<\/b>
\n <\/a>
\n \u00a0AT CHECKOUT.<\/b>
\n <\/b>\n <\/p>\n

\n Shareholders and interest holders may also stay current with American Green Updates:<\/strong>\n <\/p>\n

American Green\u2019s Main Website at\u00a0www.americangreen.com<\/a><\/p>\n

Twitter:\u00a0 @American__Green (two underscores), or<\/p>\n

Facebook:\u00a0\u00a0\u00a0\u00a0https:\/\/www.facebook.com\/americangreenusa<\/a><\/p>\n

Instagram: \u00a0\u00a0\u00a0https:\/\/www.instagram.com\/americangreenusa\/<\/a><\/p>\n

Instagram: \u00a0\u00a0\u00a0https:\/\/www.instagram.com\/magicalnipton\/<\/a><\/p>\n

\n About American Green, Inc.<\/strong>\n <\/p>\n

\n American Green, Inc.<\/a> became, in 2009, America\u2019s second publicly-traded company in the cannabis industry. American Green now, with its more than 50,000 certified beneficial shareholders, is one of the largest (in shareholder count) in the cannabis sector.\u00a0 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.<\/p>\n

For more information –<\/p>\n

\n Contact:<\/strong>\n <\/p>\n

American Green, Inc.<\/p>\n

Investor Relations<\/p>\n

2902 W. Virginia Ave<\/p>\n

Phoenix, AZ\u00a0 85009<\/p>\n

480-443-1600 X555<\/p>\n

investor@americangreen.com<\/p>\n

\n NOTES ABOUT FORWARD-LOOKING STATEMENTS<\/strong>\n <\/p>\n

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\u00a0<\/strong>expressed or implied. Forward-looking statements may\u00a0<\/strong>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.<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Phoenix, AZ, Dec. 08, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — American Green\u00a0(ERBB:OTC)\u00a0announced today that despite the overall crumby Covid year we\u2019ve all been having, the company has made significant progress in both overall numbers as well as in the company\u2019s separate divisions. Company president, David Gwyther, and American Green\u2019s division heads break it down. \u201cSweet Virginia\u201d Managed Cannabis Grow in Phoenix, AZ Gross revenues from the company\u2019s managed grow operation were 19% higher for the three months ending September 30, 2020, compared to the revenue for the same three-month period in the previous year. This improvement resulted in a division gross profit on our managed grow operation that was 15% higher for the three months ending September 30, 2020, … <\/p>\n

Continue reading “2020 Ends With the Passage of Recreational Cannabis in Arizona and Across-the-Board Improvements in Revenues and Operations for American Green”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-395287","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\n2020 Ends With the Passage of Recreational Cannabis in Arizona and Across-the-Board Improvements in Revenues and Operations for American Green - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/2020-ends-with-the-passage-of-recreational-cannabis-in-arizona-and-across-the-board-improvements-in-revenues-and-operations-for-american-green\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2020 Ends With the Passage of Recreational Cannabis in Arizona and Across-the-Board Improvements in Revenues and Operations for American Green - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Phoenix, AZ, Dec. 08, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — American Green\u00a0(ERBB:OTC)\u00a0announced today that despite the overall crumby Covid year we\u2019ve all been having, the company has made significant progress in both overall numbers as well as in the company\u2019s separate divisions. Company president, David Gwyther, and American Green\u2019s division heads break it down. \u201cSweet Virginia\u201d Managed Cannabis Grow in Phoenix, AZ Gross revenues from the company\u2019s managed grow operation were 19% higher for the three months ending September 30, 2020, compared to the revenue for the same three-month period in the previous year. 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Company president, David Gwyther, and American Green\u2019s division heads break it down. \u201cSweet Virginia\u201d Managed Cannabis Grow in Phoenix, AZ Gross revenues from the company\u2019s managed grow operation were 19% higher for the three months ending September 30, 2020, compared to the revenue for the same three-month period in the previous year. This improvement resulted in a division gross profit on our managed grow operation that was 15% higher for the three months ending September 30, 2020, … Continue reading \"2020 Ends With the Passage of Recreational Cannabis in Arizona and Across-the-Board Improvements in Revenues and Operations for American Green\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/2020-ends-with-the-passage-of-recreational-cannabis-in-arizona-and-across-the-board-improvements-in-revenues-and-operations-for-american-green\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-08T13:33:32+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5ODM4MiMzODYwODEzIzUwMDAzMjI2OA==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/2020-ends-with-the-passage-of-recreational-cannabis-in-arizona-and-across-the-board-improvements-in-revenues-and-operations-for-american-green\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/2020-ends-with-the-passage-of-recreational-cannabis-in-arizona-and-across-the-board-improvements-in-revenues-and-operations-for-american-green\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"2020 Ends With the Passage of Recreational Cannabis in Arizona and Across-the-Board Improvements in Revenues and Operations for American Green","datePublished":"2020-12-08T13:33:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/2020-ends-with-the-passage-of-recreational-cannabis-in-arizona-and-across-the-board-improvements-in-revenues-and-operations-for-american-green\/"},"wordCount":936,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/2020-ends-with-the-passage-of-recreational-cannabis-in-arizona-and-across-the-board-improvements-in-revenues-and-operations-for-american-green\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5ODM4MiMzODYwODEzIzUwMDAzMjI2OA==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/2020-ends-with-the-passage-of-recreational-cannabis-in-arizona-and-across-the-board-improvements-in-revenues-and-operations-for-american-green\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/2020-ends-with-the-passage-of-recreational-cannabis-in-arizona-and-across-the-board-improvements-in-revenues-and-operations-for-american-green\/","name":"2020 Ends With the Passage of Recreational Cannabis in Arizona and Across-the-Board Improvements in Revenues and Operations for American Green - 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