(Update) Major breaking news just hit the wire
Published: Wed, 09/25/19
![]() Good morning all, Today's trade idea, ERBBD, just released some big news this morning. This news could be just the catalyst we need for a great day. The Company announced that Hydr8, LLC has selected American Green (ERBBD) to deliver its premium hemp nano bottled water product to selected Las Vegas hotel and convention centers using the company’s proprietary smart vending machines called AGM. Hydr8 Chooses American Green’s Smart Vending Solution to Provide Hemp Nano Water to Las Vegas Hotels and Convention CentersPHOENIX, AZ, Sept. 25, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Today American Green (ERBBD:OTC) is pleased to announce that Hydr8, LLC has selected American Green to deliver its premium hemp nano bottled water product to selected Las Vegas hotel and convention centers using the company’s proprietary smart vending machines called AGM. For the past year, American Green has been using Hydr8’s proprietary concentrate to formulate the company’s CBD and HEMP products. What makes Hydr8’s nano-blended water special is that it goes through a 7-step purification process resulting in a smooth finish with no aftertaste. “American Green’s online customers love it!” says the company’s Online Marketing VP, Kevin Davis. “Hydr8’s extremely high quality and the purity of its Organic Hemp and CBD combine to create American Green’s popular CBD and Hemp Shots.” (American Green CBD Shots). Hydr8’s plan is to distribute their water-infused products utilizing the “smart vending” technology (AGM) provided by American Green. Using this smart vending approach, Hydr8 plans to increase sales of its bottled products, along with selected American Green CBD offerings, at participating Las Vegas hotels and convention centers. The AGM touchscreens are easy to operate and are expected to create a real benefit to hotel and convention guests. When placed in the right, high-traffic locations, American Green’s AGMs are expected to deliver an additional profit center for Hydr8, American Green, and Las Vegas Hotels and Convention Centers. The American Green/Hydr8 AGM Vending Solution will be rolled out to Hydr8’s first selected participating hotel or convention center property as soon as possible. Subject to a successful performance trial, Hydr8 intends to place an order for 19 more AGMs as the new properties are signed up. American Green will then have 60 days to deliver a Hydr8-branded AGM to each new property. According to Michelle Wilkos, Hydr8’s founder and president, “We’ve had a great relationship with American Green over the past year and I’m continually amazed at their professionalism and am looking forward to this new venture with them. I believe that the AGM vending solution is the technology for tomorrow. They’ve spent years developing it, and I think it’s the perfect method to dispense our refrigerated Hemp nano-infused water to the hospitality Industry in Las Vegas and throughout Nevada.” David Gwyther, American Green’s president, added, “It is fantastic that Hydr8 chose American Green’s AGM vending solution for its planned Las Vegas rollout of their Hydr8 Hemp Nano water product line. Our experience with the Hydr8 team has been excellent, and I am confident that our smart vending division will work well with their staff to deliver the highest quality of refrigerated, Hemp nano-infused bottled water to the Las Vegas Hospitality Industry.” All the best today.----------------------------------------------------------------------------------------- Subscribers, Today we are shifting gears to a new cannabis trade idea that we think has been oversold and could be ready for a major bounce higher. Get American Green, Inc (ERBBD) on your screen immediately. Now, just to let you know, the Company normally goes by the ticker ERBB, but because of the shareholder friendly reverse stock split the Company conducted recently, the "D" is attached to the end of the ticker for 30 days. American Green, Inc. (ERBBD) is the second oldest publicly-traded cannabis company in America, with over 60,000 certified shareholders, more than any other company in the cannabis sector. According to ResearchAndMarkets, the global Legal Marijuana market accounted for $12.78 billion in 2017 and is expected to reach $75.69 billion by 2026 growing at a CAGR of 21.9% during the forecast period. The firm has said that key factors influencing the market growth include growing legalization in various countries and rising adoption of cannabis as a medical product for treating conditions such as Parkinson's disease, cancer, arthritis, and neurological disorders. It was last year that the FDA approved the very first cannabis-derived drug called Epidiolex. The pharma industry could be seeing more cannabis derived medicine in the future! So far 33 states in U.S. and District of Colombia have legalized cannabis in U.S. making it the largest market in the world. More states could be expected to change their laws and politician are pushing to end marijuana prohibition on a federal level. This could be one of the best times to be paying attention to the legal marijuana space and the companies trading in it! ERBBD's mission is to lead the cannabis and premium CBD industry. Leveraging their 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. ERBBD has participated in nearly all facets of the cannabis market and its current initiatives include (but are not limited to) the transformation of nearly-abandoned towns into "cannabis-friendly" destinations, a state-of-the-art cultivation facility in Arizona (Q4/17), promotion of medical-focused CBD (Cannabidiol) products from both whole plant and organic hemp sources, a smart automated vending solution system called AGM designed specifically to electronically identify, in advance of a sale, individuals wishing to purchase controlled products that include cannabis, CBD, pharmaceuticals, and alcoholic beverages in casinos and sports stadiums. In addition, American Green sees the continuing legalization of cannabis running in parallel to the gold rush in America in the mid-1800's. American Green has purchased the town of Nipton, California which it intends to develop into energy-independent, cannabis-friendly hospitality and employment zones. AG Managed Services provides consulting and capital resources for existing and new-build industry operations such as its joint venture relationship it enjoys with Hempful Farms. American Green’s Online Store ERBBD offers over 40 premium CBD products online. All products are made in the USA and are backed by their 30 day money back guarantee. Also, all American Green CBD products are made with 99% pure CBD isolate and contain 0.00% THC. You can learn more about ERBBD and their products at their website https://americangreen.com/Latest News... As I mentioned earlier, the Company recently conducted a 1 to 500 reverse share split as part of their goal to increase shareholder value. American Green Rolls Back its Shares to Broaden its Investment Appeal and Increase its Trading CapabilitiesPHOENIX, AZ, Sept. 23, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Today American Green (ERBBD) announced that the Company has filed with the State of Wyoming and FINRA to execute a reverse stock split with a ratio of 1 for 500, which becomes effective today. The Roll Back was approved by the Company’s Board of Directors and a majority vote of its shareholders in compliance with its state laws and federal regulatory authorities and will have no inherent effect or change on either the Company’s total market capitalization or shareholder value as of the opening bell of trading this morning. This is part of the Company’s plan to increase shareholder value in a number of ways. The Board of Directors believes that undertaking this reverse split is critically necessary for capital-raising purposes and believes the new, higher share price will increase the company’s visibility to a wider variety of shareholders and expects this action will have an overall beneficial effect to shareholders as well as the Company. According to David Gwyther, American Green’s president, “The Company’s share restructuring was necessary to make possible the following:
As each of the American Green enterprises begins its transition out of “development stage” toward becoming ongoing profitable businesses, substantial investment in the cannabis and CBD sectors still remain a requirement in order to grow each enterprise into the future and to attract a wider group of investors. The Company believes the new increased share price, along with the proportional reduction of outstanding shares, could help American Green attract this needed capital. Read in full at https://finance.yahoo.com/news/american-green-rolls-back-shares-142359176.html
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