Canada’s Dispension Industries Intends to Purchase over 100 Biometric-Controlled ID Verifying Vending Units
PHOENIX, AZ (NewMediaWire) - January 11, 2018 -- Today, American Green, Inc., (OTC PINK: ERBB) is proud to announce that an agreement has been signed with Dispension Industries Incorporated (http://dispension.ca) to be its exclusive Canadian distributor. American Green has revolutionized the safe and secure management of regulated products, including cannabis products and pharmaceuticals, with its new generation of its AGM, branded the Verified Identity Dispenser in Canada. The first machines to arrive in Canada are earmarked for viewing and demonstration to the public, private sector, and key stakeholders in Halifax, Nova Scotia.
The Verified Identity Dispensers will play a vital role in the distribution of cannabis products as pot legalization looms in Canada. While Canada is embracing the Green Rush, the country also recognizes the need for safe and secure distribution of these products. Prior to machine access, registered users are verified by scanning their finger using industry leading vascular biometric technology.
"To comply with pending Canadian cannabis regulations and the requirements set forth by our government there is only one system that we feel can meet and exceed their objectives, and that is the VID”, said Corey Yantha, president of Dispension Industries.
“American Green, and specifically the vending expertise and knowledge that Lindel Creed (Director of Automated Machine Production) contributes, has allowed our business model to operate in a streamlined, and efficient manner. We look forward to a long, and prosperous relationship with American Green”, Mr. Yantha concluded.
“Making a decision to award a nationwide distributorship is not something to take lightly of course”, commented American Green’s Lindel Creed. “With three decades in the industry I have seen successes and failures, very often dictated by the type of distribution partners you have. After several months of discussions and working with Corey and his team at Dispension Industries, I’m sure we have the right partner for Canada”.
“We have been confident in this market segment for nearly ten years. It was only a matter of time before the demand found its way to us and the AGM [the Verified Identity Dispenser or VID in Canada]” added David Gwyther, President and Chairman at American Green. “Our challenge will be keeping up with demand now that the market has arrived, and between our own team and our partners in the business, we have no doubt we can do that. These are exciting times”, finished Gwyther.
As an addendum, American Green wishes its shareholders, supporters and all interested parties to know that the recent discussions regarding Cannabis generated by US Attorney General Jeff Sessions statements will have zero impact on its plans in Nipton or anywhere else in the United States.
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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 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.
About American Green, Corp.
American Green, Corp., became, in 2009, was the second publicly traded technology companies addressing the cannabis industry. Now, with over 70,000 certified individual shareholders, more than any other company in the cannabis sector, American Green's mission is to lead the cannabis industry by leveraging our team of professionals in cultivation, manufacturing, extraction, wholesale, retail, and community outreach, we strive to develop sustainable initiatives, while increasing both company/shareholder value.
Contact: American Green, Inc. Investor Relations 11011 S 48th St Suite 106 Phoenix, AZ 85044 480-443-1600 Extension 555