Financial News
American Green (OTC:ERBB) Cypress Chill Grow Receives Its First Cannabis Equipment Order
Two Massive Air Conditioning Chillers Have Arrived
Phoenix, Arizona - (NewMediaWire) - August 02, 2022 - Today American Green (ERBB:OTC) announced that it took delivery of the first equipment to arrive at its “Cypress Chill grow.” Two massive custom built AC chillers weighing over 13,500 lbs each are now on site at the 40,000 sf grow which is currently under construction.
Bryan Croteau, the company's general manager said, “American Green has taken delivery of 2 Agronomics IQ, custom built Adiabatic fluid chillers. These chillers will provide over 704 ton of chilling air conditioning power in the heart of the desert. Not only will this system provide accurate cooling temperatures within +/- 1 degree, but it will also provide more than adequate dehumidification within +/- 1%. This will allow the Cypress Chill facility to maintain an almost perfect Vapor Pressure Deficit (VPD) to meet and or exceed the expectations that we have set for production.”
“Well regulated environmentals play an essential role in producing Top Tier Private Reserve flower, concentrates & edibles. We have the utmost confidence in the Agronomics IQ system being able to perform as expected.” concluded Mr. Croteau.
American Green recently purchased the 40,000 sf “Cypress Chill” building in May 2022 for $3.75MM. The building appraised for $5.3MM and ERBB has accumulated $2.65MM in equity in the property.
There are archives of hundreds of hours of video footage from our “Sweet Virginia” Grow operation that can be found on the American Green YouTube Channel You can also see live Sweet Virginia grow footage most days during normal business hours.
Subscribe to our newsletter and be the first to get our press releases after they have been officially submitted.
View drone video footage of our Cypress Chill grow
STAY CURRENT WITH AMERICAN GREEN UPDATES:
American Green’s Main Website at www.americangreen.com
American Green’s CBD store at www.americangreencbd.com
Live Sweet Virginia Grow Footage https://americangreen.com/live/
Twitter: @American__Green (two underscores), or
Facebook: https://www.facebook.com/americangreenusa
Instagram: https://www.instagram.com/americangreenusa/
ABOUT AMERICAN GREEN, INC.
In 2009, American Green, Inc. became America’s second publicly traded company in the cannabis sector. American Green now, with more than 75,000 certified beneficial shareholders, is one of the largest (in shareholder count) in the cannabis sector. American Green's mission is to lead the cannabis and premium CBD industry.
Leveraging our team of professionals in cultivation management, manufacturing, extraction, wholesale, retail, and community outreach, we strive to develop sustainably initiatives in the cannabis-adjacent and CBD industries, laser-focused on adding company and shareholder value.
For more information -
CONTACT:
American Green, Inc.
Investor Relations
2902 W. Virginia Ave
Phoenix, AZ 85009
480-443-1600 X555
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties, and other factors, which may cause actual results, performance, or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, be should, and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.
View the original release on www.newmediawire.com
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.