American 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
Yahoo! Finance: ERBB News
Latest Financial News for ERBB