American Green, Inc. (OTC Pink: ERBB) is engaged in different business segments. The company’s two main focuses are in the medical marijuana business and smart vending machine business. Shares of American Green, Inc. are rallying 20%, through early trading on Wednesday, October 19, 2016. Over the past three months, American Green, Inc. has seen average daily volume of 97.4 million shares. However, nearly 99.6 million shares or dollar volume of $209,160, has exchanged hands through early morning trading Wednesday.
Shares of American Green, Inc. are rallying Wednesday, after management announced the company has added a commercial facility near Charlotte, North Carolina. With the help of joint partner, Vendweb.com, the new facility will be used to help “improve the final-stage engineering” for their smart vending and other machinery products. Here is the complete press release detailing of the new commercial facility:
American Green, Inc. Press Release:
PHOENIX, AZ–(Marketwired – Oct 19, 2016) – American Green, Inc. ( OTC PINK : ERBB ) announced today that it has added a facility near Charlotte, North Carolina, close to its partner, Vendweb.com, to improve the final-stage engineering of all ‘auto-retail’ or ‘smart-vending’ machines it sells. The three-floor former factory provides ample workspace for machines during modification and storage in advance of shipping. The company believes having a secure, commercial location for this process, and being part of this process are both necessary aspects essential for success.
“True smart vending combined with age verification doesn’t yet exist in the US. Our ZaZZZ machine achieved this milestone before, but not to a level necessary for public adoption. We learned, modified, and are now ready to provide what our past experiences have taught us,” says David Gwyther. “Having the patent protection is great, but we are now capable of exceeding our previous accomplishments.”
First, with the Vendron™ box, (www.silkron.com) we are machine “agnostic” — that is, we can take nearly any machine and add it to our network. It is a process, not a stand alone unit, which is why it’s simply called the American Green Machine. Our clients can phone it, shape it, and wrap it as they wish, depending on their budget. Advances in cashless payments and continued smart phone adoption add to the positive user experience when they are able to directly interface with the system. Perhaps its biggest feature is that we’ve expanded the market to include any restricted or regulated product within the various municipal regulations.
“One of the discoveries made during the first two times we rolled out machines including both the ‘Mach I’ and ‘Mach II ZaZZZ’ is that we found ourselves too dependent on any one company, and the most critical elements were out of our control. Being fault-tolerant is a lesson we learned and we now know is entirely necessary,” continues David Gwyther acting American Green president. “The company is now able to control its future instead of having to depend solely on outside suppliers. We have great and trusted partners, but now the buck stops with us,” Gwyther concludes.
Anyone wishing to learn more about the American Green Machine is encouraged to contact the company. The company welcomes any input or positive information that could improve users of the American Green Machine platform.
Be sure to visit the company’s website at www.americangreen.com and sign up for the company’s emails alerts to stay current on news.
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About American Green, Inc.
American Green, Inc., became one of the first publicly traded technology companies in the medical cannabis industry in the world, beginning in 2009, with the introduction of the ZaZZZ machine for automated, age-verifying dispensing of cannabis-based medicines. Now, with over 50,000 individual shareholders, American Green’s mission is to be the cannabis & industrial hemp industry, seed-to sale innovator, leveraging our team of professionals, as well as value-added companies and products — spanning cultivation, manufacturing and extraction, retail, and community outreach. We strive to develop sustainable businesses, while increasing shareholder value, and awareness beyond our industries.