With over 120 acres of potential for development and just 10
minutes off of busy Interstate 15, American Green has taken the
first step to transform Nipton into an effective hub for the
production of various cannabis-based products as well as possible
fully-licensed cultivation which includes a safe and appropriate
approach to consumption. Located on the border between California
and Nevada, the town is strategically positioned on the railway
line going from Los Angeles through Las Vegas to Salt Lake City and
beyond.
Initially, American Green and Nipton will focus on the bottling
of fresh CBD-infused water direct from a nearby aquifer which the
company will then seek to distribute throughout California
(https://americangreencbd.com/faq/). Discussions are underway with
several well-established edible and extraction companies that have
expressed interest in having production facilities in the town as
well -- all done paying strict adherence to regulatory guidelines.
Ultimately, the company would like to offer a variety of commercial
and recreational attractions including: CBD and mineral baths,
cannabis-product retail outposts, artists-in-residence programs,
culinary events, and Bed-and-Breakfast lodging to complete the
charming small town experience. Company officials hope that this
project will help to catalyze job creation and development within
the town and surrounding communities, making Nipton a model for the
cannabis industry's role in stimulating and accelerating the
rebuilding of struggling small town economies throughout the US
where cannabis products have been legalized.
Nipton's future plans include setting the standard for energy
efficiency and environmentally responsible tourism. American Green
intends to expand the existing solar farm, to move Nipton toward
becoming a completely energy-independent town, including the
development of the town's existing aquifer system for water supply.
American Green anticipates job creation will occur naturally in
building and development, as well as tourism, agriculture,
entertainment, transportation, retail and more, presenting new
opportunities for innovation and entrepreneurship. The company's
management remains open to ideas, suggestions, partnerships and
more as it moves the project forward and encourages its 50,000+
shareholders to contact the company through its website to suggest
Nipton's future improvements (www.americangreen.com).
"We are excited to lead the charge for a true 'Green Rush,'"
says David Gwyther, chairman and president of American Green. "The
Cannabis Revolution that's going on here in the US, has the power
to completely revitalize communities in the same way gold did
during the 19th century. This acquisition allows us to channel the
myriad interests in cannabis production and consumption for an
immediate positive impact to this community's members and to
cannabis consumers across the country. As industry leaders since
2009, we are thrilled to begin work on this first-of-its-kind
eco-tourism experience for conscious cannabis consumers."
"The Nipton Project has the potential to be one of the biggest
initiatives any of us at American Green have undertaken. The
project holds great possibilities for our company and for the
cannabis industry as a whole," says Pat Carrigan, Chief Operating
Officer at American Green. "It took the company over 4 months of
negotiation with the town's owners to get us here. Even
so, the real work begins now. We are ready, willing, and able
to accept the challenge at hand."
With the recent introduction of American Green's proprietary Age
and ID verifying vending platform known
as AGM -- the world's most advanced
smart-vending operating system featuring biometric verification --
American Green has again proven it is viewing the future of legal
cannabis in America from a "50,000 foot view." "We see this
nascent and burgeoning industry a little differently than most
other cannabis companies in America. We take a longer term
approach to serving the industry and the growing number of people
working within it," concluded Mr. Gwyther.
Be sure to visit the company's website
at www.americangreen.com and sign up for the company's
EMAIL ALERTS to stay current on news. In addition, shareholders and
other interest holders are invited to join the conversation about
American Green found
here: https://otc.watch/groups/american-green-inc-erbb/forum/
Shareholders and interest holders may also stay current with
American Green Updates:
Twitter: @American__Green (two underscores), or
Facebook: https://www.facebook.com/americangreenusa
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, one of the first publicly
traded technology companies in the cannabis industry. Now, with
over 50,000 individual shareholders, more than any other company in
the cannabis sector, American Green's mission is to lead the
cannabis industry. Leveraging our team of professionals in
cultivation, manufacturing, extraction, wholesale, retail, and
community outreach, we strive to develop sustainable initiatives,
while increasing shareholder value and company profit.