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American Green ( OTCPK:ERBB ) installation of new LED lighting, dehumidifiers, and new grow management techniques have significantly increased production at its “Sweet Virginia” cannabis grow operation.
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David G. Gwyther said, “We are very excited to see a substantial revenue increase in our cannabis numbers from Q2 2022 to Q2 2023. Revenue increased by 69%, despite the fact no harvests were conducted in any of the last four upgraded rooms until December 13. Revenue from our previous harvests in fully renovated cannabis grow rooms have produced an average of 126% in revenue increases over rooms that had not been upgraded. All 10 grow rooms are now fully renovated, functional, and are growing premium cannabis on a continual harvest cycle. We expect that this quarters’ numbers will roughly double the same period last year."
For further details see:
American Green cannabis cultivation revenue up 69% from last year