American Green, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- David George Gwyther
- Full Time Employees
- 41
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 2902 West Virginia Ave Phoenix AZ United States of America 85009
- IPO Date
- Aug 27, 1996
- Website
- americangreen.com
- Similar Companies
- Business
- American Green, Inc. (OTC: ERBB) operates as a technology-driven company in the U.S. medical cannabis industry, focusing on cultivation management, manufacturing, extraction, wholesale, and retail of cannabis products; it offers American Green branded premium cannabis products including those used in Curaleaf and Select lines such as Live Resin offerings, proprietary AGX facial recognition age-verifying smart vending machines for age-restricted sales, CBD-infused products like Axis Hemp water and Hemp Lip Balm sold via e-commerce platforms including Amazon and its online store, Jurassic Water and OG tea nutrients for cannabis plants, truth lighting LED solutions, hemp creams, and inventory tracking services for growers. Founded in 1998 and headquartered in Sheridan, Wyoming, with principal operations historically in Phoenix, Arizona, the company serves licensed medical marijuana dispensaries and retail markets primarily in Arizona while pursuing national expansion in the cannabis and CBD sectors. In recent developments, American Green sold its Sweet Virginia Grow facility to Sueño Verde, LLC on March 27, 2024, in exchange for debt forgiveness, liability assumption, and a 25% royalty on all American Green branded products after selling expenses, amid a downturn in Arizona's cannabis market; its Cypress Chill property at 2325 W. Cypress Street in Phoenix faced foreclosure on October 31, 2023, due to refinancing challenges from a settled mechanic's lien; the company previously acquired Vendweb in 2022 to control AGX smart vending production, secured a five-year grow management contract with Curaleaf generating approximately $2.1 million annually, and continues negotiating mergers with potential suitors while generating management revenue of $1.46 million for the fiscal year ended June 30, 2025.
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AI Cannabis Vending Machines That Identify Over-21 Customers Now Available In Florida Via American Green
Cannabis Vending Machines That Identify Over-21 Customers Now Available Via American Green
American Green Announces the Official Opening of its Groupon Store
American Green (ERBB) Launches on eBay™ Featuring the Company's Premium Hemp Cream and Hemp Lip Balm
American Green (OTC: ERBB) Confirms the Launching of Its CBD and Hemp Products with Groupon® Nationwide in September
American Green, Inc.™ (ERBB) Incorporating Jumio Software with Facial Recognition for Autonomous Sign up in its Cannabis and CBD Vending Machines
American Green, Inc.™ (ERBB) Projects $10 Million in Additional Annual Revenue From New Cannabis Operation
American Green, Inc.(TM) (ERBB) Projects $10 Million in Additional Annual Revenue from New Cannabis Operation
American Green, Inc.™ (ERBB) Launches New Hemp Lip Balm on Amazon.com
American Green, Inc.(TM) (ERBB) Launches New Hemp Lip Balm on Amazon.com
American Green, Inc. (TM) (ERBB) Issues Update on U.S. Cannabis Cultivation Expansion
American Green (OTC US: ERBB) Confirms its E-Commerce Platform Will Begin Taking Bitcoin (BTC) in March
American Green (ERBB) Financials Report Double-Digit Growth and Record Sales Numbers
American Green (ERBB) Financials Report Double-Digit Growth and Record Sales Numbers
American Green (OTC:ERBB) Financials Report Double-Digit Growth and Record Sales Numbers