ERBB American Green Inc

American Green (OTC:ERBB) Architectural Plans for Its 40,000 s.f. Cypress Chill Cannabis Grow are in the Final Review Phase

American Green
American Green (OTC:ERBB) Architectural Plans for Its 40,000 s.f. Cypress Chill Cannabis Grow are in the Final Review Phase

12-Jan-2023 / 18:15 CET/CEST


American Green (OTC:ERBB) Architectural Plans for Its 40,000 s.f. Cypress Chill Cannabis Grow are in the Final Review Phase

 

PHOENIX, AZ

Today announced that it  has submitted architectural plans for its 40K sf Cypress Chill cannabis grow operation to the City of Phoenix and the plans are now in the final review phase. .  American Green plans to begin the full construction and renovation process once it gets final plan approval and the building receives its permits.

The Company hopes to receive that approval near the end of February 2023.

The City has recently incorporated brand new cannabis building requirements that American Green’s architects were able to complete while the plans were still in review allowing the process to continue without delay.  This saves American Green time and money, both now, and in the future, by greatly reducing architectural plan changes.

Although the project has taken longer than The Company expected due to supply chain issues that directly affected building design, architectural plans, and securing proper grow equipment, we are extremely excited to move forward and towards completion.  Recently, 21 air sterilization units and two fluid coolers were delivered to .

“I can’t stress enough how important it has been that American Greens architectural firm is using the self-certification process to move forward through the review phase of its architectural plans and we hope to complete this project in early 2024,“ said David G. Gwyther, president.

Shareholders and interest holders may also stay current with American Green Updates:

American Green’s Main Website at

Twitter:  @American__Green (two underscores), or

Facebook:

Instagram:

About American Green, Inc.

In 2009, became America’s second publicly-traded Company in the cannabis sector. American Green, 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, we strive 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

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 the Company's current expectations 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.



Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

1534141  12-Jan-2023 

fncls.ssp?fn=show_t_gif&application_id=1534141&application_name=news&site_id=research_pool
EN
12/01/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on American Green Inc

 PRESS RELEASE

American Green (OTC:ERBB) Issues Strategic Corporate Overview

American Green (OTC:ERBB) Issues Strategic Corporate Overview Looking to Further Expand Its Cannabis Business in 2023  PHOENIX, AZ, Feb. 14, 2023 (GLOBE NEWSWIRE) -- via –   In May of 2022, American Green purchased the approximate 40,000 sf building now known as American Green’s. for $3.75MM.  American Green announced today that The Company is, again, looking to expand its cannabis grow business in 2023. “American Green is looking at a potential cannabis grow property South of the city of Phoenix. It is also looking to purchase a cannabis license to own and operate a cannabis dispe...

 PRESS RELEASE

American Green (OTC:ERBB) Signs $12 Million Dollar Non-Binding Letter ...

American Green (OTC:ERBB) Signs $12 Million Dollar Non-Binding Letter of Intent for Funding of its Cypress Chill Cannabis Grow Building PHOENIX, AZ, Feb. 07, 2023 (GLOBE NEWSWIRE) -- via – Today  announced that it has signed a non-binding letter of intent for $12,000,000 with a private equity firm to fund the completion of the build-out at its “Cypress Chill” grow building that it purchased in May of 2022 for $3.75MM.  The company will continue to provide the documentation required by the lender so it can get through the loan application process.  American Green will keep looking for t...

 PRESS RELEASE

American Green (OTC:ERBB) Quarterly Cannabis Cultivation Revenue Incre...

American Green (OTC:ERBB) Quarterly Cannabis Cultivation Revenue Increased 69% Over the Same Period Last Year “Sweet Virginia” Grow Continues to Outperform Previous Revenue Numbers PHOENIX, AZ, Jan. 31, 2023 (GLOBE NEWSWIRE) -- via – Today announced that during the last quarter, revenue increased by 69% over the same period last year. The Company's installation of new LED lighting, dehumidifiers, and new grow management techniques have significantly increased production at its “Sweet Virginia” cannabis grow operation. David G. Gwyther, president of American Green, said, “We are very e...

 PRESS RELEASE

American Green (OTC:ERBB) Architectural Plans for Its 40,000 s.f. Cypr...

American Green American Green (OTC:ERBB) Architectural Plans for Its 40,000 s.f. Cypress Chill Cannabis Grow are in the Final Review Phase 12-Jan-2023 / 18:15 CET/CEST American Green (OTC:ERBB) Architectural Plans for Its 40,000 s.f. Cypress Chill Cannabis Grow are in the Final Review Phase   PHOENIX, AZ Today announced that it  has submitted architectural plans for its 40K sf Cypress Chill cannabis grow operation to the City of Phoenix and the plans are now in the final review phase. .  American Green plans to begin the full construction and renovation process once it gets fina...

 PRESS RELEASE

American Green (OTC:ERBB) Increases Revenue Projections from $2 Millio...

American Green (OTC:ERBB) Increases Revenue Projections from $2 Million to Exceed $4 Million in Fiscal Year 2023 The Company is Already Outperforming Previous Revenue Numbers After Its Successful Renovation PHOENIX, AZ , Jan. 10, 2023 (GLOBE NEWSWIRE) -- via – Today is guiding anticipated revenue higher for fiscal year 2023. The Company is expecting fiscal year 2023 revenue to increase by more than 100 percent over fiscal year 2022 to as much as, or more than $4 million.  The Company is also expecting to beat year over year first quarter revenue by more than 100%. American Green’s c...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch