Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as “expects”, “will”, “anticipates”, and “estimates”; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief “snapshot” of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled “Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

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PHOENIX, AZ, April 07, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – American Green, Inc. (ERBB:OTC) president David G. Gwyther announced today that The Company is developing its cryptocurrency: The American GreenBack

American Green recently executed a binding letter of intent to acquire VendWeb and has completed the second cash payment as part of that binding (LOI). The Company plans to launch its new crypto coin, designed specifically for use in age-verified transactions for alcohol sales in venues such as sporting events, concerts, nightclubs, or other age-restricted settings such as cannabis dispensaries and smoke shops.

“American Green intends to release a whitepaper this month defining our purpose-designed cryptocurrency for transactions that require age verification. The Company anticipates utilizing an American Green application on the user’s device, to allow the purchase and use of American GreenBacks in our proprietary vending solutions,” said David G. Gwyther, president of American Green.

As envisioned, the American GreenBack would employ Know Your Customer (KYC) and Anti-Money Laundering (AML) compliant verification software, together with biometric data (ID, fingerprint, retinal scan, palm print, etc.) – all maintained in a unique, unalterable blockchain. American GreenBacks would only be tradeable with other KYC/AML-verified counterparties.

Read more about American Green’s newest division VendWeb here

Video Demonstration of the AGX Age Identification and Age Verification Vending Machine

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There are also archives of hundreds of hours of footage from our Sweet Virginia Grow operation that can also be found on the American Green YouTube Channel

STAY CURRENT WITH AMERICAN GREEN UPDATES:

American Green’s Main Website at www.americangreen.com

American Green’s CBD store at www.americangreencbd.com

Live Sweet Virginia Grow Footage https://americangreen.com/live/

Twitter: @American__Green (two underscores), or

Facebook: https://www.facebook.com/americangreenusa

Instagram: https://www.instagram.com/americangreenusa/

ABOUT AMERICAN GREEN, INC.

In 2009, American Green, Inc. became America’s second publicly traded company in the cannabis sector. American Green now, with more than 77,000 certified beneficial shareholders, is one of the largest (in shareholder count) in the cannabis sector. American Green’s mission is to lead the cannabis and premium CBD industry.

Leveraging our team of professionals in cultivation management, manufacturing, extraction, wholesale, retail, and community outreach, we strive to develop sustainably initiatives in the cannabis-adjacent and CBD industries, laser-focused on adding company and shareholder value.

For more information –
CONTACT:
American Green, Inc.
Investor Relations
2902 W. Virginia Ave
Phoenix, AZ 85009
480-443-1600 X555
[email protected]

NOTES ABOUT FORWARD-LOOKING STATEMENTS

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company’s Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties, and other factors, which may cause actual results, performance, or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, be should, and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

Real-World Cannabis Meets the Metaverse Community in California Debut of Three Strains, With Exclusive Club Member Benefits and Discounts

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

TORONTO, November 05, 2021–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly traded company that invests in revenue-generating crypto and blockchain assets linked to Decentralized Finance (“DeFi”), Non-Fungible Tokens (“NFT”) and metaverse real estate, is pleased to announce its financial results for the three and nine months ending September 30, 2021 (“Q3 2021”).

All dollar figures are in United States dollars (“USD”), unless otherwise stated.

Q3 2021 Highlights:

• 65% growth of digital asset inventory during Q3.
• Net income of $4.1 million or $0.05 per share (CAD$5.2 million or CAD$0.06 per share).
• Comprehensive income of $6.3 million or $0.08 (CAD$7.9 million or CAD$0.10 per share).
• Earned staking rewards valued at $719,051 (CAD$913,194) and $1,532,741 (CAD$1,946,581) for the three and nine months ended September 30th, respectively.
• Purchase of additional tokens during Q3 – Axie Infinity Shards, Ethereum, Polkadot and Smooth Love Potion.
• Commencement of trading in the United States on the OTCQB venture market under ticker symbol “SMURF”.
• Appointment of Ian Fodie as Chief Financial Officer.
• Introduction of new brand identity and redesigned website.
• Announced agreement to purchase a 50% stake in Metaverse Group, one of the world’s first virtual real estate companies (closed October 15, 2021).

Tokens.com’s philosophy is to bring the fastest growing areas of crypto and blockchain to public market investors. Management has identified crypto staking and the metaverse as the two most exciting and fastest growing areas in blockchain. Our strategy is to continue to buy assets in these sectors and use technology to earn revenue from those assets.

During Q3, there was a pronounced recovery in cryptocurrency markets from the correction experienced during Q2. In addition, the one-time expenses incurred during Q2 related to the legal and administrative costs of going public were behind us. Management was also successful in keeping operating and overhead costs low.

During Q3, Tokens.com management was successful in completing several initiatives, the most significant being entering into an LOI to purchase 50% of Metaverse Group, which closed on October 15th. Management is excited about this transaction and the growth potential of being a landlord in the metaverse. We look forward to working with Metaverse Group to continue to expand its business model of acquiring top digital NFT based real estate in various metaverses.

As a result of the increased demand for our common shares, the Company announced a private placement financing on October 25, which is described in more detail below. The proceeds from this financing, scheduled to close in mid-November, will be to grow our two main areas of focus – crypto staking and, through Metaverse Group, accumulate more NFT based metaverse assets.

Q3 was our second quarter as a public company and our first full quarter with the proceeds from our April 2021 fundraise fully deployed. Tokens.com benefited significantly from the rebound in cryptocurrencies during Q3 as is evidenced by the token price appreciation of the top 5 cryptocurrencies held by the Company during Q3, which has continued into Q4 as follows:

Management is confident that the digital assets it owns are linked to the macro growth in DeFi and NFTs. Consequently, we view the potential for ongoing appreciation of these assets to be high.

Included in operating expenses for the nine months ended September 30, 2021, is a one-time listing expense of $1,108,883 incurred during Q2.

Tokens.com marks its digital asset inventory to market at the end of every quarter and the positive revaluation of digital assets of $6.3 million was reflective of the crypto market rebound from its correction in Q2.

“Tokens.com continues to compound its revenue by re-staking the tokens it receives as revenue to create higher returns on capital. We believe this strategy will allow us to grow our digital asset inventory and position it for positive and compounding appreciation as the market continues to grow,” said Andrew Kiguel, CEO. “Our digital assets, linked to the growth of DeFi and NFT applications, have the potential to appreciate further over the next several years. Through staking, we earn additional tokens daily resulting in the organic growth of our digital assets,” added Kiguel.

A complete financial reporting package, including the Condensed Interim Consolidated Financial Statements and Management’s Discussion & Analysis, is available on our corporate website (www.tokens.com), and the SEDAR website (www.sedar.com).

An investor call has been scheduled to discuss the Company’s Q3 2021 financial results, hosted by CEO Andrew Kiguel starting at 10:00 am ET on November 5, 2021.

Date: November 5, 2021
Time: 10:00 a.m. ET
Dial-In: 1 (800) 697-5978
Passcode: 7469627#

Financing

On October 26, 2021, the Company announced a proposed financing of up to $16.0 million including the underwriters’ over-allotment option. Approval of the financing by the NEO Exchange requires the Company to obtain the approval of the financing from at least 50% of the holders of the Company’s issued and outstanding shares, pursuant to the exemption in Section 10.09(2) of the NEO Exchange Listing Manual. The Company can now report that this requirement has been exceeded.

About Tokens.com

Tokens.com Corp is a publicly traded company that owns an inventory of DeFi and NFT based cryptocurrencies. Through a process called staking, Tokens.com’s inventory of cryptocurrencies is used to earn additional tokens. In addition, Tokens.com co-owns Metaverse Group, one of the world’s first NFT based, virtual real estate blockchain companies. Through its growing digital asset inventory, Tokens.com provides public market investors with a simple and secure way to gain exposure to cryptocurrencies linked to DeFi and NFTs.

Further information can be found on the Company’s website: Tokens.com.

Keep up-to-date on Tokens.com developments and join our online communities at Twitter, LinkedIn, and YouTube.

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211105005181/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: [email protected]

Jennifer Karkula, Head of Communications
Email: [email protected]

Media Contact: Megan Stangl – Talk Shop Media
Email: [email protected]

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

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