Over the past four months, American Green has been conducting its due diligence regarding plans to increase its cannabis cultivation footprint in the U.S.
“Gierczyk Developments architectural team is currently completing design and building plans for an Arizona location that will house a 20,000 SF Cannabis Grow with additional plans to add another 16,000 SF of Cannabis Grow Space,” according to David G. Gwyther, the Company’s president.
Bryan Croteau, American Green’s VP of Cultivation states, “A 20,000 square foot building coupled with a 16,000 SF addition will increase the Company’s total Cannabis Grow Space another 36,000 SF. Total estimated annual revenue for this project will be approximately $11,000,000 and we anticipate net revenue to be about $7,000,000 per year.”
Planned with the additional development are state-of-the-art kitchen facilities and manufacturing space for American Green-branded cannabis edibles, concentrates, and CBD products. Chef Dee Russell (aka “Edible Dee” and “The Happy Chef”) will be instrumental in the development of all of American Green’s cannabis recipes and marketing strategies. Chef Dee also is the Company’s key consultant on the design of the grow’s kitchen and edibles manufacturing space.