Seeking Alpha

Shipment of pot vending machines begins

  • American Green (ERBB) reports that it has begun shipping its ZaZZZ consumer-operated marijuana vending machines to dispensaries in Colorado. According to the company, it is the first automated consumer-operated machine on the market. The first locations to take delivery will be Herbal Elements in Eagle-Vail and Doctors Orders in Denver.
  • After the machine verifies the customer's identity from an ID card scan, a purchase can be made using cash, bitcoin, credit of debit cards (once banking regulations catch up). If the ID fails to match, the machine's security system will prevent operation and the customer will be directed to speak with a dispensary staff member.
From other sites
Comments (7)
  • conley
    , contributor
    Comments (59) | Send Message
     
    maybe this stock will start going up.
    23 Jun 2014, 02:38 PM Reply Like
  • User 8111061
    , contributor
    Comment (1) | Send Message
     
    We certainly hope so. You remember what happened when mdbx announced placement of their vending machine. Better keep our eyes on it.
    23 Jun 2014, 09:53 PM Reply Like
  • ARNA Investor
    , contributor
    Comments (107) | Send Message
     
    Now entering the "show me to money" phase. Shorts will pound it into oblivion unless they can generate a new order for 1,500 machines every single week.
    24 Jun 2014, 06:56 AM Reply Like
  • boy2roudy
    , contributor
    Comment (1) | Send Message
     
    I doubt erbb will move like mdbx, too many outstanding shares, but I hope it does
    24 Jun 2014, 07:58 AM Reply Like
  • mhorany
    , contributor
    Comment (1) | Send Message
     
    It sounds like ERBB is opening their ZaZZZ platform to other vending machine companies meaning that orders not only come from an end-customer but other vending machine companies as well. Might propel their orders a little more.
    25 Jun 2014, 11:28 AM Reply Like
  • Fasano313
    , contributor
    Comments (12) | Send Message
     
    In about three years from today there will be a few more Millionaires in thus world...thanks to $ERBB ! It's a very near future before A few more states process the Legalization Act. I'm taking this tine to purchase another 250k shares at theses .02-.03 prices ! Thank you American Green!
    Mr. Fasano
    25 Jun 2014, 05:45 PM Reply Like
  • heylookitsherbie
    , contributor
    Comments (3) | Send Message
     
    Can anyone tell me why I can't find any SEC filings on this company? Nothing on sec.gov, no symbol or company name is recognized.
    23 Jun, 01:55 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs