American Green Inc (OTCMKTS:ERBB) reported that its ZaZZZ machines slated for Kentucky were in focus at the Industrial Hemp Event in Lexington. James Corner who is the Agriculture Commissioner of the State’s Department of Agriculture requested Chris Smith of Green Remedy to throw light on the future of hemp industry in the Bluegrass State. The group is the marketing partner of American Green and in addition to Smith includes John Salsman, Mike Boone and Chad Wilson. Green Remedy ordered five machines in February, out of which the first was delivered and presented ahead of the public in the week.
The expert view
Smith said that Green Remedy believes in viability and importance of a verified vending platform for the company’s customers and the people of Kentucky. American Green ZaZZZ machines are secure mode that allows them to put the products in a retail associate location without any worries. People can make their accounts and in the future can prepay for and track their purchases. They can even share product feedback on the respective platform. Initially, the ZaZZZ machines will be deployed within state guidelines, which indicate it will offer Hemp CBD products only.
Stephen Shearin who is the President of American Green termed Green Remedy as a valued partner who will help the company to extend the ZaZZZ network. It will also provide assistance to extend the product reach throughout the country. The company is in process of having numerous open discussions with potential associates that have local exposure and great brands. The objective is to expand the ZaZZZ network by using these associations and expanding the ZaZZZ footprint.
In last trading session, the stock price of American Green declined more than 2% to close the trading session at $0.00690. The decline came at a share volume of 15.85 million compared to share volume of 18.98 million.