American Green Distributing Majority of its Premium Cannabis Products Through Venom Extracts in Over 50 Arizona Dispensaries
May 04 2021 - 9:05AM
InvestorsHub NewsWire
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 its “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 Curaleaf, 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 GreenUpdates:
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.
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