American Green Inc (OTCMKTS:ERBB) has acquired an ownership in the dispensary locator application, BlazeNow,™ which is now available in Android and Apple app stores. The development comes as a follow-up to company’s announcement in last February of what was then a JV. The re-invented association between the two firms accomplishes numerous company’s objectives in advance of introducing its own app named GreenXpress.
In addition to honoring its commitment to a reliable associate in BlazeNow, the prospects given by the investment comprise an immediate revenue-generating mechanism via marketing and sales, deeper relationships countrywide with dispensaries and their customers, and a valuable starting point to its self-designed suite of technology apps scheduled for launch in next year.
The highlights
Commenting on this association, David Gwyther said that the association with Blaze Now allows American Green to naturally extend its associations with increased dispensary business people countrywide. They believe this buzzing involvement is a key component to robust success in other in-market venture they look at. The company’s ‘prime directive’ is the advancement of collateral revenues in the growing cannabis market, and the BlazeNow™ deal accomplishes that.
Besides the instant revenue prospects and market-relevance managed by the Blaze Now and American Green association, the firm is working toward advancing ventures that bring long-term value to shareholders. The board considers that having an interest in a quality tech product like BlazeNow,™ with its immense upside potential, could offer an investment that can amplify many times as the cannabis market matures.
American Green can avail the opportunity to generate its linked commissionable revenues along the way, establishing what company believes will be beneficial for both. Jeremy Carr, the President of Blazenow, said that they are delighted to have American Green joining them as an active shareholder. They are a reputable brand in the marijuana industry and have developed major associations since entering the industry in 2009. Also, they have a motivated and efficient team that they believe will help boost expansion.
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