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American Green Inc. (OTCMKTS:ERBB) Moves Ahead For Intellectual Property Rights To Create Efficient Marijuana Vending System

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Boston, MA, 08/08/2014 (medicalmarijuanareporter.com) – In order to expand its business model by making it safe and secured, American Green Inc. (OTCMKTS:ERBB) has taken a step forward and entered into a deal to get Intellectual Property rights. The company has made an agreement with the owner of Intellectual property, Robert Tomassi. The agreement will not only guide the company but also will overrule all the patents being owned by competitors operating in the same industry. The Patents No. 6,711,465 and 7,493,190 which belong to Mr. Tomassi have especially been created so that age controlling marijuana vending systems and other identity related items can be sold safely. This business model and patents structure is ideal for American Green’s future business plan.

About Robert Tomassi

Tomassi started working on patents about 14 years ago, when everyone considered him crazy. At that time, Tomassi observed that certain controlled substances were easily accessible by minors and small children. So, he started working on the same, which was ahead of time and now the market is quite safe to allow access to controlled substances.

Opportunities In Galore

American Green Inc., formerly The Tranzbyte Corporation is a world leader and became the first brand in providing medical marijuana. It has developed an automated dispensary, which will offer company’s products to adults in the United States and around the world with the brand name as “Zazzz”. American Green Inc. (OTCMKTS:ERBB)’s president, Stephen Shearin is excited about the growing opportunities it will get after this agreement. The company’s library of intellectual property will grow further helping American Green to get development upgrades using safest and secured method. It will support in the expansion of the segment, getting licensing agreements with both Collaborators and Competitors at the same level.

Two days back, company had announced its collaboration with — — USEI to shift its cultivation facility from Colorado to California. The signs of changing a geographical location impacted the company’s stock price too. The stock suffered a considerable loss at the closing price of $0.49.

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