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American Green Inc (OTCMKTS:ERBB) Receives Trademark Registration For Corporate Name

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American Green Inc (OTCMKTS:ERBB) has announced that its name has been approved by the USPTO, as the registered trademark. The move grants the company exclusive rights to use the name “American Green”, whilst doing business in all retail endeavors. Moreover, it provides ERBB with an additional layer of protection, while operating in the public domain. The management has expressed its confidence that the registration was crucial, to their business. It should be noted here that the process has taken over 2-years to complete.

David Gwyther, the President of the company, stressed on the need to develop and maintain brand protection, whenever and wherever possible, since it is in compliance with their style. He also claimed that the management was aware of the rapid changes being made, in the cannabis industry, but safeguarding the American Green name was priority number 1. The company further noted that it has made significant progress, in the last 2-months, but this has not always been visible.

In the coming weeks, American Green plans to provide its shareholders with an update, regarding what has happened thus far and how it effects the company. ERBB further claimed that its employees were more excited than ever, to be a part of the cannabis industry, as a whole. Although the announcement is quite encouraging, it is not expected to help the stock surge, in a significant manner. This is mainly due to the fact that this was ERBB’s first press release, since February 2017.

In addition to this, the company’s proprietary verified vending machines, AGM, was expected to make a debut, during “The One Show”. The event was held in Las Vegas, on April 19-21, 2017, but the ERBB is yet to update on the launch. The AGMs are currently amongst one of the most anticipated products, in the cannabis industry, mainly due to their unique verification system.

American Green Inc (OTCMKTS:ERBB) recorded a trade volume of 190.97 million, to close at $0.0014 per share, at the end of the April 25 trading session, 6.67% lower than the session before.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of journaltranscript.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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