American Green, Inc. (ERBB) (Formerly Tranzbyte Corporation)

am-greenAmerican Green, Inc, formerly Tranzbyte Corporation, is deemed the first publicly traded brand of medical cannabis dispensary in the world. Its main business is retailing medical marijuana using automated dispensary machines called ZaZZZ. The company also has subsidiaries for several other ventures including plant cultivation systems, organic supplements, technology products, business acquisitions, and clothing.

American Green’s ZaZZZ dispensary machines function as automated vending machines for medical cannabis users over the age of consent. The machines are equipped with identification technology to validate users and to comply with regulations. Registered consumers can also use the ZaZZZ Card, which functions as a debit card for the ZaZZZ machines.

The other subsidiaries or divisions of American Green cater to various sectors: Jurassic Grow Systems sells products for plant-growing; OneBode Holdings markets organic supplements and nutraceuticals; and American Green Clothing sells the company’s very own brand of apparel and other merchandise.

Tranzbyte Corp has also become an American Green subsidiary. Tranzbyte’s current focus are on business acquisitions and selling optical media technologies in the US and Asia. Among its products are the FlixStix and the FLASHAlbum, both of which are USB flash drives made with proprietary technologies that protect their contents.

The history of American Green, Inc began with the company’s incorporation in 1998. It had various former names, such as Desert Winds Entertainment, SunnComm Inc, and Altitude Organic. The company became Tranzbyte Corp in 2012, and then American Green, Inc in May 2014.

Today, American Green, Inc is traded as ERBB in the OTC market, with a market cap pegged at USD 51.09 M.

The company is led by Chairman David G. Gwyther, President and COO Stephen Shearin, and Executive VP Sean Loomer.

American Green, Inc. (Formerly Tranzbyte Corp)

1221 W. Warner Road., STE 103
Tempe, Arizona 85284

Phone: (480) 443-1600
Email: webvisitor@tranzbyte.com
Website: http://www.americangreen.com/


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Latest Financial News for ERBB

“Sweet Virginia,” American Green’s Managed Premium Cannabis Operation in Phoenix, Surpasses Milestones of Revenue and Quality

PHOENIX, AZ, Oct. 01, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Today, American Green (ERBBD:OTCPK) is very pleased to announce that it has again surpassed milestone expectations of both quality and revenue in its 12,000 sq. ft. Phoenix indoor grow operation it calls “Sweet Virginia.”  Shareholders and other interest holders can now view the company’s LIVE grow operations during business hours at Sweet Virginia Live, or drop by the American Green Website and click the “Live” tab at the top of the page. With total revenues so far this year surpassing $1,300,000, the Phoenix Grow has exceeded its goal set for this date by over $50,000.  American Green manages the grow under American Green’s Management Agreement with licensor, Natural Herbal Remedies.

Hydr8 Chooses American Green’s Smart Vending Solution to Provide Hemp Nano Water to Las Vegas Hotels and Convention Centers

PHOENIX, 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.

Update -- American Green Rolls Back its Shares to Broaden its Investment Appeal and Increase its Trading Capabilities

PHOENIX, AZ, Sept. 23, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Today American Green (ERBBD:OTC) 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.

American Green Rolls Back its Shares to Broaden its Investment Appeal and Increase its Trading Capabilities

PHOENIX, AZ, Sept. 23, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Today American Green (ERBBD:OTC) 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.

“Sweet Virginia,” American Green’s Managed Premium Cannabis Operation in Phoenix, Arizona Hits Revenue Milestone this Month

PHOENIX, AZ, June 27, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Today, American Green (ERBB:OTCPK) announced that it has achieved two major goals involving both revenue and quality for the cannabis it has grown and processed under American Green’s Management Agreement with licensor, Natural Herbal Remedies. American Green-grown “connoisseur quality” medical marijuana is currently being sold in 36 Arizona state-licensed dispensaries who sell high-quality cannabis products to their patients.  These dispensaries represent more than 33% of all of Arizona’s active Medical Marijuana patients.