Industry News

American Green Announced New Features to its American Green Machine

United States: American Green, Inc. a technology company in the medical cannabis industry, has announced that it has selected M2SYS, a premier company in biometric technology, to integrate its American green machine(AGM) with the biometric technology.  Initially, M2SYS will provide the M2-FingerVein, a non-invasive finger vein reader.

David Gwyther, chairman and acting president of American Green, said “We feel that M2SYS is the 'best in class' for integration into our American Green Machine”.   

TechSci Research depicts with the help of this biometrics integration, the company will provide comfort to people, organizations and regulators to be assured weather an appropriate person is making a regulated purchase or not. Further, with growing technological advancements, coupled with booming electronic security industry would enhance the biometrics industry across the globe.

According to the recent report published by TechSci Research, Global Biometrics Market By Type (Fingerprint Recognition, Facial Recognition, Hand/Palm Recognition, Iris Scanner, Voice Recognition, Vein Scanner & Others), By End Use Sector, By Region, Competition Forecast and Opportunities, 2011 – 2021”, the global biometrics market is projected to cross US $ 24.8 billion by 2021. Fingerprint recognition biometric systems are the most preferred type of biometric systems used across the globe, owing to their ease of use, low cost, high speed and accurate results. However, in terms of growth, vein scanner biometrics systems segment is anticipated to outpace fingerprint recognition biometrics systems over the next five years. In 2015, North America dominated the global biometrics market, and the region is anticipated to maintain its dominance over the next five years as well.

Relevant Reports

Relevant News