Source: Micro Cap insider By James Elliot on November 17, 2014
American Green Inc (OTCMKTS:ERBB) is one pot stock to watch when they heat up. The stock has moved with the sector in the past and continued to do so now. After a small run up leading into November the stock is trading off those highs now.
The sector should get a boost from Marijuana being legalized in Alaska, Oregon and Washington DC (already legal in Colorado and Washington) and the resulting massive publicity on the multi-billion dollar fledgling industry.
The publicity that surrounds such an affect naturally trickles down to the bb’s. The last time ERBB got hot it ran close to 10,000% in 5 weeks.
American Green Inc (OTCMKTS:ERBB) became the first publicly-traded medical marijuana dispensary brand in the world, back in 2009 and currently owned by over 50,000 certified shareholders. The Company is keenly focused on developing, retailing, branding, and establishing commercial cultivation solutions under its proprietary American Green name along with our partners and clients who are licensed retail medical marijuana dispensaries.
The Company believes that the renewal of the legalized cannabis industry in the United States will aid in getting our economy back on its feet through increased employment in all related sectors — retail, real estate, contracting, farming and more.
ERBB has begun rolling out products within two sectors of the burgeoning medical and adult-use cannabis business. the company has spent 18 months developing ZaZZZ – the first consumer-operated automated dispensary in the US.
American Green has also developed a proprietary product line and debit card called the ZaZZZ Card. The card has been designed to be used in the company’s automated dispensary machines.
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In 2013, Tranzbyte acquired OneBode Holdings – a nationally recognized organic supplement company. LA Laker basketball star and 2-time MVP, Steve Nash, is a major shareholder of the company. ERBB also houses the company’s 10-year-old technology division (the Tranzbyte Division) which is engaged in the sale of its optical media enhancement products to potential customers in the US and Asia.