Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


August 31, 2015 9:54 PM ET

Food and Staples Retailing

Company Overview of American Green, Inc.

Company Overview

American Green, Inc. operates as a technology company in the medical cannabis industry in the United States. It develops retail, brand, and commercial cultivating solutions in partnership with licensed retail medical marijuana dispensaries operated under the American Green brand name. The company operates ZaZZZ, a consumer operated marijuana vending machine for automated, age-verifying dispensing of cannabis-based medicines. It also offers Jurassic Water for cannabis plants; truth lighting, a LED lighting solution; and OG tea nutrients, a specialty fertilizer product. It has collaboration agreement with Endexx Corporation to develop the Access Control Identification and Verification Vending ...

1221 West Warner Road

Suite 103

Tempe, AZ 85284

United States

Phone:

480-443-1600

Fax:

424-288-5523

Key Executives for American Green, Inc.

American Green, Inc. does not have any Key Executives recorded.

American Green, Inc. Key Developments

American Green, Inc. Begins Producing of American Green-Branded Cannabis Products

American Green, Inc. announced that it has begun producing, under license, unique American Green-branded cannabis products including Hash, Live Rosin, Wax and Tinctures, some of which will have a high CBD focus. These products will be sold exclusively at all participating ZaZZZ network affiliates. These consumables will be made under license with dispensaries and growers such as Herbal Elements in Colorado. Similar relationships are under development in other states where medical or recreational marijuana has been legalized. Products will be advertised and promoted as available at ZaZZZ network affiliates. The Hash and Live Rosin that is being produced in Colorado is 100% solvent free. Butane is not used in the process. Combining high-quality, all- natural strains with a clean extraction provides patients with the most pure products.

American Green Mulls Acquisitions

American Green, Inc. (OTCPK:ERBB) is seeking acquisitions. "This was done as a result of anticipated audit reserve demands surrounding the company's current acquisition, anticipated future acquisitions, and pending up-listing and audit requirements. Our goal for each acquisition is to bring more value to our company than the actual current cost in American Green shares. We believe that the synergies between the acquired companies and American Green will accomplish this dynamic and be a 'win-win' for American Green, the acquired companies, and shareholders, alike," Steph Shearin, President of American Green, commented.

American Green, Inc. and ENDEXX Corp. Sign Collaboration Agreement

American Green, Inc. and Endexx Corporation announced the signing of a Collaboration Agreement between the two companies to jointly develop the "Access Control Identification &Verification Vending Platform" aka "ACIDVP." Each company designs and markets systems to address the issues related to the automated dispensing and inventory control of products requiring eligibility verification in compliance with applicable laws for the Marijuana Industry. Together, they will co-develop and license an Integration and Connectivity Interface Platform to foster required industry standardization. The on-going collaboration also enables the companies to share business relationships leading directly to mutual revenue potential for both organizations. The scope of the collaboration comprises the establishment of a unified compliance standard for inventory control and verified vending for general adoption by regulators and local jurisdictions in multiple legal markets. The agreement also calls for collaboration on technology connectivity with the integration of American Green's "Verify Pay" POS (Point of Sale) system with Endexx's proprietary M3Hub inventory control, tracking, and process management system and for the joint development, marketing, distribution and licensing of the M3Hub universal interface connectivity platform for all third party "Seed-to-Sale," POS systems and vending solutions.

Similar Private Companies By Industry

Company Name Region
Bay Area Warehouse Stores, Inc. United States
Giant Eagle, Inc. United States
Jitco, Inc. United States
Liberty Richter, Inc. United States
Florida Classic Growers, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 29, 2015
TrackX, LLC
Merger/Acquisition
September 3, 2014
Truth Lighting, LLC
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact American Green, Inc., please visit www.americangreen.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.