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GREENGRO TECHNOLOGIES NAMES MATTHEW BURDEN AS INTERIM CHIEF EXECUTIVE OFFICER

By | News, Press Releases

Appointment Part of Company’s Ongoing Restructuring and Cost-Savings Plan

ANAHEIM, CA – APRIL 23, 2019 – GreenGro Technologies, Inc. (OTC: GRNH), an established provider of eco-friendly green technologies for the cannabis industry, announced today that it has appointed Matthew Burden as its interim Chief Executive Officer. Burden, an 18-year veteran in the federal sector as a government contractor. Mr. Burden brings a broad range of operations, business and senior management experience to the Company.  Mr. Burden will succeed James Haas as CEO, who will still maintain his role as Chairman of the Board.

“I am looking forward to leveraging my expertise in the government sector, which is particularly valuable in the cannabis industry, to benefit GreenGro and its shareholders,” said Burden.  “As the Interim CEO, I will be working closely with the Board and our growing executive team to serve our expanding client base and execute on our growth strategy to bring revenue growth to the Company this year,” concluded Burden.

Prior to his role at GreenGro, Burden has held senior executive and consulting roles in both federal and traditional business. He was CEO/Operations Manager for Basco Group for nearly a decade, leading the company in its federal and military construction projects and contracts throughout the world. He was also Operations Manager at CopperTop Enterprises, Inc., where he managed daily operations and quality control for all of the company’s construction contracts and projects globally. Most recently, Burden has served as an independent consultant providing project analysis, budgeting and other expertise to The Agency real estate firm. He holds a number of construction, government and related certifications.

“On behalf of the Board of Directors, we are excited to have an executive with such broad experience and impressive track record as our new Interim CEO,” said James Haas, Chairman of the Board of GreenGro Technologies, Inc.  “With nearly 20 years of experience working with the federal government, Matthew has a deep understanding of the evolving regulatory issues impacting the cannabis industry and how best to position GreenGro to capitalize on such expected changes.  His unique background coupled with track-record of growing successful companies makes him an ideal choice to lead GreenGro its Interim CEO,” concluded Haas.

For additional information about GreenGro Technologies and its solutions, please visit www.greengrotech.com.

About GreenGro Technologies, Inc.

GreenGro Technologies (OTC :GRNH) is a vertically-integrated provider of eco-friendly state-of-the-art technological solutions to the cannabis industry.  The Company is a trusted partner to the cultivation, extraction, production and retail aspects of the cannabis market through a combination of three operating divisions that encompass extraction, CBD production and Genobreeding development.  Each division is able to leverage the strengths of the other, creating a synergistic, efficient and highly profitable business model. Additional details can be found by visiting the Company’s website at www.greengrotech.com.

 

(Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company’s best judgment based upon current information and involve several risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company’s public announcements.)

 

Matthew Burden CEO

1676 W Lincoln

Ana Cal 92801

Info@greengrotech.com

GREENGRO TECHNOLOGIES SIGNS KEY CONTRACTS

By | News, Press Releases

New Management Contracts for both Cannabis Ventures Inc. and

Genobreeding Part of Ongoing Shift in Corporate Strategy

 

ANAHEIM, CA – April 1, 2019 – GreenGro Technologies, Inc. (OTC: GRNH), a provider of eco-friendly state of the art technological solutions to the cannabis industry, today announced today that it has signed two multi-year management contracts for both Cannabis Ventures and Genobreeding divisions. The new agreements with two Northern California-based licensed cannabis growers, encompasses GRNH’s cultivation and nursery expertise through licensing, management, compliance and consulting.

“Today’s announcement is testament of the industry’s continued acceptance of our state-of-the-art greenhouse technologies which enable cannabis growers to maximize their plant yields,” said James Haas, Chairman and Chief Executive Officer of GreenGro Technologies. Inc.  “The anticipated revenues to be generated from these multi-year contracts will ideally strengthen our balance sheet and provide us with the financial flexibility to accelerate our growth strategy in the months and years ahead.”

With these newly announced cultivation support and service contracts, the Company anticipates putting itself in the position to create a growing earnings stream in its first year through the ramping-up and completing required renovations of the client Greenhouses. Once the Greenhouses are at full capacity, earnings from just the cultivation contracts should be on course to grow significantly thoughout the contracts. GRNH’s new nursery contracts are anticipated to also contribute to its earnings growth whenit begins delivering on its genomics production for both the existing cultivations and the ability to introduce these genomics to other licensed cultivation distribution networks.

“The cannabis business is complex with nuances and demands that range from compliance and regulations, to training, licensing and other needs,” added Mr. Haas. “We consider ourselves among the top resources in the industry for our technology, service, support and expertise and are excited to solidify that reputation,” concluded Mr. Haas.

For more information about GreenGro Technologies and its solutions, check out our facebook @ https://www.facebook.com/GreengroTechnologiesInc/

About GreenGro Technologies

GreenGro Technologies (OTC :GRNH) is a vertically-integrated provider of eco-friendly state-of-the-art technological solutions to the cannabis industry.  The Company considers itself to be a trusted partner to the cultivation, production and retail aspects of the cannabis market through a combination of three operating divisions that encompass Cannabis, CBD production and Genomic development.  Each division is able to leverage the strengths of the other, creating a synergistic, efficient and highly profitable business model.

Additional details can be found by visiting the Company’s website at:

www.greengrotech.com. www.cannabisventuresinc.com www.cbdventures.com www.genobreeding.com

The Company is proud to partner with innovators and educators, to engage in revolutionary clinical research, to further the understanding of the capabilities and applications of cannabis, to engage in market research and IP development, and to evolve GreenGro Tech’s capabilities and partnerships as the market further develops and expands.

 

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company’s best judgment based upon current information and involve several risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company’s public announcements.

 

Greengro Technolgies Inc

James M Haas CEO

info@greengrotech.com

(714)367-6538