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Marijuana

American Green Inc (OTCMKTS:ERBB) And Mediatechnics Corporation (OTCMKTS:MEDT) Agree To Form A JV To Establish CBD processing plant in Nipton

American Green Inc (OTCMKTS:ERBB) and Mediatechnics Corporation (OTCMKTS:MEDT) have agreed to form a JV For Establishing CBD processing plant in Nipton, California. Mediatechnics will provide design, development, and procurement for the proposed facility. It will also install the sophisticated extraction facility in Nipton.

Extraction of CBD from industrial hemp

The newly established facility will be capable of extracting cannabidiol (CBD) from industrial hemp, which comprises less than 0.003% of THC. Therefore, it is not a psychoactive drug. The interested parties can manufacture several products such as CBD infused Water using CBD.

Establishing a bottling plant

The company intends to construct a bottling plant for the manufacture of Nipton CBD infused water, Nipton Water, and other CBD products using high-quality, safe, and legal industrial hemp. It will use the ancient and unspoiled water from The Ivanpah Valley Aquifer. The company will produce high quality and 100% recycled construction material – American Green Crete using the offcast hemp from the extraction facility. American Green Crete will be used in housing and other facilities.

Expertise in operating hemp-related businesses

Mediatechnics’s consultants and principles have several years of experience in operating hemp-related businesses in Los Angeles and in surrounding areas that comprise managing premier dispensaries in Los Angeles. It also has experience in operating multiple grows. The company also helps to construct extraction facilities in the state.

Jeremy Carr, President of Mediatechnics said the company is excited to lend its expertise in building the Nipton Project to American Green. It is pleased to be part of the first cannabis-friendly destination in California.

Significant reduction in authorized shares

The board of directors of American Green has unanimously voted last week to minimize its authorized shares. It has received the nod of shareholders for reducing authorized shares from 120 billion to 975 million.

President of American Green, David Gywther said it is part of the company’s intention to lower the authorized shares at the same time when it restructured the outstanding shares in 2019. It reduces the need for capital from investors because American Green moves out of the development stages. The company will use funds from internal accruals for acquisitions and expansions going forward.

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Marijuana

American Green Inc (OTCMKTS:ERBB) Trades Lower

In the last trading session, the stock price of American Green Inc (OTCMKTS:ERBB) declined more than 7% to close the day at $0.00130. The decline came at a share volume of 147.49 million compared to average share volume of 163.39 million.

The buzz

Earlier in the month of January, American Green reported that a deal has been finalized with Dispension Industries Incorporated to be its exclusive Canadian supplier. The company has revolutionized the secure and safe management of regulated items, including cannabis pharmaceuticals and products, with its new-gen of its AGM, exclusive the Verified Identity Dispenser in Canada. As per the update, the initial machines to come in Canada are earmarked for demonstration and viewing to the private sector, key stakeholders and public in Halifax, Nova Scotia.

The Verified Identity Dispensers are set to play an important role in the supply of cannabis products as marijuana legalization emerges in Canada. While Canada is welcoming the Green Rush, the nation also recognizes the requirement for secure and safe distribution of these offerings. Prior to machine access, enrolled users are authenticated by scanning their finger utilizing industry leading vascular biometric know-how.

Corey Yantha, the President of Dispension Industries, expressed that to acquiesce with pending Canadian cannabis guidelines and the requirements established by their government there is just one system that they consider can exceed and meet their targets, and that is the VID.

Mr. Yantha added that American Green, and particularly the vending knowledge and expertise that Lindel Creed contributes, has enabled their business model to run in an efficient and streamlined manner. They look forward to a prosperous and long association with American Green.

Lindel Creed of American Green, expressed that making a decision to offer a countrywide distributorship cannot be taken lightly of course. He has been industry for almost three decades and he has seen failures and successes, very often dictated by the kind of distribution partners a firm has.

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Marijuana

American Green Inc (OTCMKTS:ERBB) Completes Phase I Of Its Move Into Nipton

American Green Inc (OTCMKTS:ERBB) has completed Phase 1 of its integration into Nipton, CA. It has all plans set for presentation to the respective regulatory entities in order to support and accomplish their stated objectives for the town’s future, becoming the preliminary energy-independent cannabis-friendly city in America.

The initial phase was equal parts renovation and cleaning, and the other part was the assembly of a professional strategy for the next stage. The Nipton Improvement Fund which is intended to help interested folks in being a part of history in partaking and actualizing the outcome of their participation is prepared to commence this month.

The details

David Gwyther, the President of American Green, expressed that not just have they have been able to record fast changes to the current infrastructure, but due to the amazing team that has been formed, they have established a robust development plan to showcase to required entities for consideration, and, expectantly, their nod – San Bernardino County being the top on their list.

With the realistic development strategies and state/county governance having a top interest in developing the region and town correctly along with them, they are confident in their ability to generate tax revenues and employment which they consider will justify any actions they take in and around Nipton.

The main goal will be to establish value set from mutual respect among business folks and their clients for the objective of advancing tomorrow’s small town prosperity not to be just a ‘pot town.’ Their prevailing estimates and everything leading up to them keep their team extremely optimistic about their future success in the assignment.

In addition, American Green will soon provide its more than 70,000 approved shareholders a prospect to be part of Nipton history. The company will offer a 1-foot by 1-foot tile, inscribed with the purchaser name, which will turn into a permanent aspect of Nipton’s town walkway.

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Marijuana

American Green Inc (OTCMKTS:ERBB) Brings Onboard Munch & Co To Developing Nipton

American Green Inc (OTCMKTS:ERBB) has settled on Munch & Co  as its new hospitality partner. The two will be aiming to prepare the town of Nipton for the first US Cannabis-Friendly Destination.

Munch is based in Las Vegas and has been focusing on creating culturally relevant experiences in the entire industry. From time to time, it has successfully organized parties and festivals for brands in Las Vegas, Denver and California.

Munch also takes great pride in its rich history in event management. It will be doing all within its means towards ensuring that Nipton is able to provide a wide range of cannabis consumption and enjoyment opportunities within the confines of the law.

Munch remains committed to capitalizing on various renovations underway towards reaching its set objectives. The grand ‘reopening’ is expected to come a long with numerous benefits. For instance, a lot of people will get employment opportunities and might also help promote education. A lot of the interested parties were impressed by the fact that it was going to help boost the economy.

American Green has never regretted its move to purchase Nipton and at the moment it is channeling some of its resources into renovating the Hotel Nipton. The President of Munch & Co, Freddie Wyatt, said that they were excited to get the opportunity to collaborate with American Green. According to him, their efforts will eventually pay off.

Wyatt opined, “The collaboration between American Green and Munch & Co will pave a fresh path of tourism and hospitality to Nipton and be a positive example in laying the groundwork showing California and the rest of the country that consumers can respectfully and responsibly experience cannabis.”

The General Manager of the Nipton project, Stephen Shearin, indicated that the activities they were undertaking in the town were unprecedented. He said that it was a good thing that they had Munch’s expertise on board. It was going to help them much in coming up with memorable leisure and amusement hospitality experiences.

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Marijuana

American Green Inc (OTCMKTS:ERBB) Completes First Phase Of Its Move into Nipton

American Green Inc (OTCMKTS:ERBB) has completed first phase of its integration into Nipton, CA. It has plans set for presentation to the respective regulatory entities so as to facilitate and achieve their stated objectives for the town’s future becoming the preliminary energy-independent cannabis-friendly city in America.

The initial phase was equal parts renovation and cleaning, and the other was the muster of a professional plan for the subsequent phase. The Nipton Improvement Fund, which is intended to help interested folks in being a part of history in partaking and actualizing the fruits of their input is set to start this month.

The details

David Gwyther, the President of American Green, expressed that not only have they been able to make fast changes to the current infrastructure, they have also established a robust development plan to present to required entities for consideration, and, expectantly, their nod — San Bernardino County being on the top of list.

With the realistic development strategies and state/county governance having a major interest in advancing the region and town correctly along with them, they are assured in their ability to generate tax revenues and employment which they consider will justify any measures they take in and around Nipton.

In addition, the American Green will soon present its over 70,000 approved shareholders an opportunity to be part of Nipton history. The company will make available a tile (1-foot by 1-foot), inscribed with the buyer name, which will become a part of Nipton’s town walkway. Moreover, the tile buyer will get a certificate showcasing their purchase and when visiting, they will get a map showing the site of their tile and a 10% discount off of products in The Nipton Trading Post (cigarettes and alcohol are not eligible). This Nipton tailored tile sale will be presented first to participants on the American Green’s Email Alert list.

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Marijuana

American Green Inc (OTCMKTS:ERBB) Finalizes Munch & Co To Help In Developing Nipton

American Green Inc (OTCMKTS:ERBB) reported a deal with Munch & Co. as its official hospitality associate in preparing the town of Nipton for its public relaunch on the way to what will be the country’s first cannabis-supported, energy-independent hospitality site. Munch’s expertise together with numerous entertainment industry connections will be utilized to support company’s development of Nipton, which the firm has recently bought.

The details

Munch’s ability to navigate state, city and county regulations will help certain that American Green stays legally compliant while establishing a memorable experience for visitors and vendors for the objective of economic revitalization in the region mainly. Munch creates culturally pertinent brand experiences within the cannabis market, and has executed successful parties and festivals for brands in Denver, California and Las Vegas.

With a remarkable history of events management, Munch looks after the due diligence for all cannabis events and programs and will ensure that Nipton can offer the broad variety of cannabis consumption and enjoyment prospects within the legalized limits.

Munch will have built on the renovations presently ongoing on the town since its buy, supporting Nipton’s expected public release this fall. American Green anticipates Nipton to be desirable of interest to several functions. The town’s ‘reopening’ will set it as a leading cannabis tourism destination, all while the procedure of stimulating its economy via job creation and cannabis education and processing. Since purchasing Nipton, the company has also been refurbishing the Hotel Nipton, and readying it for the expected influx of visitors.

Freddie Wyatt, the President of Munch & Co., expressed that their team is thrilled to work with American Green and have the chance to implement all aspects of cannabis hospitality in Nipton, California. The deal between the two companies will pave a fresh way of hospitality and tourism to Nipton and be a positive instance in laying the groundwork demonstrating California and the rest of the nation that consumers can responsibly and respectfully experience cannabis.

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