American Green Inc (OTCMKTS:ERBB) is taking off north on a massive surge of volume as pot stocks heat up across the board and light up the OTCBB. ERBB knows how to get their name into the national media with features on ERBB in CNN, Fox Business, Bloomberg TV and many others.
Catalysts to suggest we may be in for another bull run on pot stocks include DEA being told by California judge to stop interfering with dispensaries, 6,000 non-violent drug offenders being released Nov 1st, New York opening medical MJ dispensaries January, Australia lifting ban on medical MJ. Another really big one is Canada’s new Prime Mnister Justin Trudeau who has been promising legalization immediately in Canada.
American Green Inc (OTCMKTS:ERBB) ZaZZZ vending machine is a unique automated vending solution designed specifically around American Green’s licensed proprietary patented technology. The machine is designed to make age-verified vending of cannabis products a reality, by providing a layer of authorization using the same systems as pharmacies for purchase regulation. It is designed to facilitate fully unattended purchases inside a dispensary or other regulated cannabis establishment.
The Company launched the ZaZZZ earlier this year in Colorado at a medical marijuana dispensary called Herbal Elements in Eagle Veil. Several days ago AG announced that zazzznetwork.com was online and displaying the first locations to have the age-verifying ZaZZZ product fulfillment machines fully online.
Currently the zazzznetwork.com shows ZaZZZ vending machine installed at Hempful Farms, Inc., in Phoenix, Arizona, AG HQ in Tempe, Arizona, Nature’s Kiss in EngleWood, Colorado, Kind Therapeutics in Colorado Springs, Colorado, Rocky Mountain Miracles in Colorado Springs, Colorado, Natural Herbal Pain Relief in San Jose, California, Pacific Coast in Seattle, Washington, Seattle Caregivers in Seattle, Washington and The Peoples ChampZ in Seattle, Washington.
Carl Kaiser, VP of the Verified Vending division said “As our ZaZZZ machine network expands to more locations, we plan to never stop incorporating new features and improvements. Catering to the early adopters, we left the product selection mostly to their discretion. As we progress, we’ll eventually direct the product selection so ZaZZZ Machines arrive with the images loaded and the inventory available and accounted for. Thus, the sixteen square feet in some random corner of the seller’s facility that currently is occupied by an unused chair and a poster on the wall instantly transforms into revenue-generating floor space for the business.”
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ERBB is the brainchild of CEO Stephan Shearin who also serves as ERBB COO. Mr. Shearin has over 15 years of Internet business experience and over 20 years of start-up experience. He graduated from Arizona State University with a Degree in sociology and previously owned an underwater video business on St Thomas and an online bank.
On September 28 ERBB announced the new model of the American Green Machine is now available for purchase. After nearly a year of vendor feedback and market analysis, it became clear that the changes made were necessary to insure the successful rollout of the company’s new-wave vending product.
One of the major improvements in the new machine version is that every unit will be able to sell ANY product — from the most regulated to virtually any specialty item. This makes Version 3 of the American Green Machine “product-agnostic.” The company has also been able to work with the top level biometric companies in the world to ensure that any purchase fulfilled through the system would be accepted by the world’s top banks and governments.
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Currently trading at a $7.6 million market valuation ERBB has minimal assets, rising short term debt that has resulted in significant dilution and small but growing revenues. At the same time ERBB is an exciting story; the Company has a vision of the ZaZZZ vending machine installed at dispensaries all over the country. ERBB is the right penny stock to own when pot stocks get hot; the last time that happened in early 2014 ERBB ran from triple zero subs to over $0.10; this Company knows how to get their brand into the national media. We will be updating on ERBB on a daily basis so make sure you are subscribed to microcapdaily.com so you know what is going on with ERBB.
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Disclosure: we hold no position in ERBB either long or short and we have not been compensated for this article.