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American Green to Open Medical Marijuana Research Facility In California
TEMPE, AZ, United States, via ETELIGIS INC., 08/05/2014 – – American Green (OTC: ERBB) is excited to announce that together with USEI (OTC: USEI) it has shifted focus from Colorado to California for its test grow facility and has selected a location near Hemet CA and a project manager. The project will entail the development of medicinal test crops grown primarily in LightDeprivation Greenhouses and using the popular Charlotte’s Web strain to derive CBD extract for analysis, testing and medical application.
“Finding the right place to test our technologies has been paramount. It turns out, for the application of growing and testing something for medical purposes, the California environment was easier to work in,” says Stephen Shearin, president of American Green. “The grow method employed here and soon to be elsewhere is the most efficient method of profiting from limited farming space that we’ve found.”
Running the facility, which will serve as a blueprint for similar income generating facilities in multiple states, is Steve Crawford, who American Green is happy to announce as its Vice President of Product Development. “Steve brings with him two key components of business success in this segment. A keen mind for numbers and vast experience in cultivation. We couldn’t be happier to count him as part of the team,” say Shearin.
“Having a California grow facility focused on CBD specific strains is very timely for us,” says Anthony Miller. “USEI is actively selling CBD products in the Seattle area and it is becoming a significant source of revenue. Running a CBD focused grow in California is in line with our larger plan of providing top quality medicine to those who need it, wherever they might be. USEI currently has two retail stores selling CBD products under the name ‘Ultimate Cure’ & ‘Real McCoy Genuine Products’ in Tacoma and Puyallup Washington with a third set to open in Seattle before year’s end.”
For those who would like to know more about the ERBB/USEI CBD grow, representatives of both companies will be at booth #805 at the Seattle Hemp Fest August 15-17 and the public is invited to drop by and learn.
ABOUT AMERICAN GREEN, INC.
American Green, formally Altitude Organix, became the first publicly-traded medical marijuana dispensary brand in the world. Beginning in 2009, the company has developed retailing, branding, and commercial cultivating strategies in conjunction with its licensed medical marijuana retail dispensaries operating under the Altitude Organic Medicine brand name.While the Company is no longer associated with the Altitude Organic Medicine outlets in Colorado and has replaced the Altitude Organixbrand with American Green, it has spent the past 18 months developing an “automated dispensary” that will offer the company’s proprietary products to qualified adults in the US and around the world under its “ZaZZZ” brand.
Tranzbyte, now a wholly-owned subsidiary of American Green, will continue its plan to acquire, hold, or spin out successful divisions in what has been described in previous news releases as “dividend farming,” Companies that qualify and decide to become public on their own will agree to carve out shares for Tranzbyte and dividends for ERBB shareholders.
Tranzbyte also houses the company’s 10-year-old technology division which is actively engaged in the sale of its optical media enhancement products to potential customers in the US and Asia. Products in the Tranzbyte division include FLASHAlbum andFlixStix — technologies that the company plans to be incorporated into the Company’sZaZZZ Machine while enabling distributors of optical media (CDs, DVDs, etc.) to consolidate the best features of each medium onto a single content-protected USB flash drive.
ABOUT PROXIMARF AND APPLIED RFID
Founded in 2006, Applied RFID and its operating subsidiaries (www.proximarf.com), have a versatile and leading-edge portfolio of RFID reader, sensor tag and data logging products based on the ISO 15693 standard of high frequency (13.56Mhz) RFID.
Once the acquisition agreement with Tranzbyte is finalized (Q2/14), the company has plans to increase its network of global distributors and value-added resellers with plans to incorporate the technology as a tracking system for legal marijuana movements.With its “Proxima RF” line of RFID readers, sensor tags, sensor probes and data logging products, the Company seeks out opportunities with partners who have a unique software offering within market verticals where the implementation of secure data collection and temperature sensing bring real and immediate ROI to users. These key markets include: food safety, cold chain logistics and healthcare/pharmaceutical as well as factory and field maintenance applications.
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, 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.
Companies and Contacts:
American Green, Inc.
Mr. Stephen Shearin
1221 W Warner Rd Suite 103
Tempe, AZ 85284
Tranzbyte Corporation – Hong Kong
Mr. John Martin
Rm 802, 8/F, Kai Tak Commercial Building
317-319 Des Voeux Road Central
Hong Kong (SAR)
SOURCE: American Green, Inc.
Source: eTeligis (August 5, 2014 – 12:30 PM EDT)
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