Why ERBB Looks Like a Huge Bargain Ready to Rip

Date : January 13, 2020

New Opportunity:  American Green Inc. (OTCMKTS:ERBB)

  • Undervalued leading play in beaten down cannabis space
  • Leader in cannabis kiosk vending technology
  • Managing hugely successful Phoenix Grow Operation
  • Worth over $25M several months ago… Buy it for under $1M today!
  • Successful and Growing: Revs of $1.6M on 461% y/y Growth
  • Nearing end of bear market in Cannabis.. Value Shopping Time!

The bear market for stocks in the cannabis and cannabis-related products segment has been sharp and very healthy, but also very cyclical – ie, this is not a structural bearish turn in the narrative of the gold rush into cannabis powered by legalization. It is a cyclical resetting of expectations for investors and a cyclical resetting of a commodity space. But the monstrous growth universally expected by experts, analysts, and top investors for the cannabis space is still 100% on track as a long-term theme.

What does that all add up to? A massive opportunity for investors right now as we kick off the new year.

In other words, you have the opportunity right now to get on board some badly beaten down and undervalued stocks that are likely going to run right smack into a new wave of growth and accelerating returns for investors.

One such stock that could be set for huge upside potential is American Green Inc. (OTCMKTS:ERBB), which trades on the OTC and under a penny per share despite outperforming expectations with a diversified model that lines the company up as a potential leader in CBD, cannabis, cannabis consulting, and dispensary technology in the vending marketplace.

The company also owns a town in California that is being turned into a cannabis-friendly mecca for green enthusiasts.

Symbol:  ERBB
Company:  American Green Inc.
Quote:  http://finance.yahoo.com/q?s=ERBB
Latest News: 
http://finance.yahoo.com/q/h?s=ERBB+Headlines
Company Website:
https://americangreen.com/

Who is ERBB

American Green Inc. (OTCMKTS:ERBB) is second oldest publicly-traded cannabis company in America, with over 50,000 certified shareholders.

The Company is focused on leading-edge cannabis industry solutions as seen from a “50,000 foot view.” American Green has participated in nearly all facets of the cannabis market and its current initiatives include (but are not limited to) the transformation of nearly-abandoned towns into “cannabis-friendly” destinations, a state-of-the-art cultivation facility in Arizona (Q4/17), promotion of medical-focused CBD (Cannabidiol) products from both whole plant and organic hemp sources, a smart automated vending solution system called AGM designed specifically to electronically identify, in advance of a sale, individuals wishing to purchase controlled products that include cannabis, CBD, pharmaceuticals, and alcoholic beverages in casinos and sports stadiums.

In addition, American Green sees the continuing legalization of cannabis running in parallel to the gold rush in America in the mid-1800’s.

American Green has purchased the town of Nipton, California which it intends to develop into energy-independent, cannabis-friendly hospitality and employment zones. AG Managed Services provides consulting and capital resources for existing and new-build industry operations such as its joint venture relationship it enjoys with Hempful Farms.

Moreover, in 2009, American Green, Inc. became one of the first publicly-traded technology companies in the cannabis industry. Now, with over 60,000 individual certified shareholders, more than any other company in the cannabis sector, American Green’s mission is to lead the cannabis and premium CBD industry.

Leveraging its team of professionals in cultivation management, manufacturing, extraction, wholesale, retail, and community outreach, the company strives to develop sustainable initiatives in the cannabis-adjacent and CBD industries.

Recent Catalysts

According to the release, “Dee Russell is a classically trained chef that made headlines in 2014 when she audaciously put her photograph on the cover of her first cannabis cookbook, The Happy Chef Cannabis Cookbook, released in partnership with Cypress Hill’s B-Real. She has since gone on to publish her second book The Happy Chef THC Cookbook. Dee has also appeared on the Netflix original series “Cooking On High,” Snoop Dogg’s MerryJane,  BREAL.TV and High Times Magazine. Chef Dee has also been featured on CNN and in Forbes and Entrepreneur magazines. Chef Dee has now expanded her cooking expertise and product development to the CBD industry and American Green made it a priority to have her on their team.”

Most recently, the company just announced that Earthly Mist of Tulsa Ok has purchased and installed the company’s latest series of American Green smart vending machines for use in their popular Oklahoma dispensaries.

“We are thrilled that Earthly Mist is the first group of stores in our part of the world using AGM’s advanced identification technology to deliver visually pleasing, easy-to-navigate, essential information for our customers operating the AGM to select and check out their products,” said LeJuan Williams of Earthly Mist.

Just before that, the company put out word that Dee Russell will be American Green’s Brand Ambassador and Executive/Head Chef for all American Green “Chef-Made” CBD products.  Chef Dee will also play an integral part in the American Green expansion and design of the Sweet Virginia Commercial Kitchen. Chef Dee is known by industry professionals, fans, followers, and colleagues as “Edible Dee” and “The Happy Chef.”

That was preceded by news that the company had surpassed milestone expectations of both quality and revenue in its 12,000 sq. ft. Phoenix indoor grow operation it calls “Sweet Virginia.” Shareholders and other interest holders can now view the company’s LIVE grow operations during business hours at Sweet Virginia Live, or drop by the American Green Website and click the “Live” tab at the top of the page.

According to the release, “With total revenues so far this year surpassing $1,300,000, the Phoenix Grow has exceeded its goal set for this date by over $50,000.  American Green manages the grow under American Green’s Management Agreement with licensor, Natural Herbal Remedies.”

In other words, a string of huge catalysts has been piling up here, and yet the market hasn’t been paying attention. But the cannabis spark looks to be lit once again in 2020, when we have macro catalysts and a strong market backdrop to add to the tailwinds.

ERBB could be set up for a disproportionate bullish response.

Technical Analysis

ERBB shares are beaten down. Any value opportunity in an exhausted bear market is always going to be beaten down on the charts. The key is to look for bullish divergences in key oscillators – ie, signs that the downward momentum has ended underneath the surface of the action.

In this case, we see big bullish divergences in both RSI and MACD, as shown in the chart. These are excellent signals that downward momentum has already started to turn around under the surface, and it may only be a matter of time before we see the sharp back-from-the-dead jump back to the upside that tends to characterize charts like this.

We would also point out the high volume characterizing the last week weeks of selling. This suggests capitulation has now happened here and the biggest forced selling is already in the rear-view mirror. A lot of that is probably from folks who will be kicking themselves on the other side of this pattern, and chasing to buy back in when the tape turns in an obvious way.

About ERBB

ERBB (American Green Inc.) is second oldest publicly-traded cannabis company in America, with over 50,000 certified shareholders.

The Company is focused on leading-edge cannabis industry solutions as seen from a “50,000 foot view.” American Green has participated in nearly all facets of the cannabis market and its current initiatives include (but are not limited to) the transformation of nearly-abandoned towns into “cannabis-friendly” destinations, a state-of-the-art cultivation facility in Arizona (Q4/17), promotion of medical-focused CBD (Cannabidiol) products from both whole plant and organic hemp sources, a smart automated vending solution system called AGM designed specifically to electronically identify, in advance of a sale, individuals wishing to purchase controlled products that include cannabis, CBD, pharmaceuticals, and alcoholic beverages in casinos and sports stadiums.

In addition, American Green sees the continuing legalization of cannabis running in parallel to the gold rush in America in the mid-1800’s.

American Green has purchased the town of Nipton, California which it intends to develop into energy-independent, cannabis-friendly hospitality and employment zones. AG Managed Services provides consulting and capital resources for existing and new-build industry operations such as its joint venture relationship it enjoys with Hempful Farms.

Key Points:

  • ERBB is a growing leader in the cannabis space, with huge upside potential thanks to its vending technology, CBD, and cannabis product expertise.
  • ERBB is making real money, with trailing revs already coming in at $1.6M.
  • ERBB is starting to see major topline growth, with quarterly y/y revs increasing at 481%.
  • ERBB is piling up signals of a potential imminent reversal to the upside, with volume, RSI, and MACD hints in play.
  • ERBB is coming off an RSI trough under 40, pointing to a massively oversold stock now heading back the other way.
  • ERBB just recorded a MACD Bullish divergence of massive proportions, suggesting a technical change in trend is near.
  • ERBB is seeing huge expansion and brand momentum as the cannabis bear market gets primed for a major bottom and turnaround.

Conclusion

The Cannabis space represents one of the defining investment opportunities of our age. It’s akin to the gold rush of the 19th century or the rise of widespread electricity in the 1920’s or the ecommerce boom of the 1990’s. And right now, we are at a very special juncture in the evolution of that boom – the wake of a cyclical bear market in the cannabis and cannabis-related stock market space.

The presents investors with a fresh chance to climb on board. And ERBB may be one of the most undervalued names in the space right now, with huge revenue growth underway and a diversified model that puts the company in the driver’s seat in dispensary tech, CBD, and cannabis expertise.

The top line is growing at nearly 500% and the stock is selling at a massive bargain basement level. Right now, the stock is starting to show symptoms of an imminent turnaround on a technical basis, suggesting the time to take a close look at this one is here.

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