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GREENGRO TECHNOLOGIES COMPLETES BIODYNAMICS ACQUISITION AND PROVIDES SHAREHOLDER UPDATE

By | GreenGro Technologies, News, Press Releases

ANAHEIM, Calif., April 17, 2018 (GLOBE NEWSWIRE) — GreenGro Technologies, Inc. (GRNH), an innovative designer and developer of state-of-the-art indoor vertical farms, today announced it has completed its acquisition of an 80% majority interest in Biodynamics, Inc, an Akron, Ohio-based leader in controlled environmental agriculture (CEA), renewable energy and consumer hydroponics.

GreenGro Technologies today also provided an update on a number of previously announced projects, including;

  • Global Renewable Resources ‘Smart Vertical Farm’ – The Company is pleased to report that the combination of GreenGro Technologies and Biodynamics’ proprietary vertical farm technologies have enabled them to secure a commitment letter from Mastronardi Produce Ltd. for the marketing of its USDA #1 products from the proposed Global Renewable Resources facility.  Global Renewable Resources expects to begin construction of the new ‘Smart Vertical Farm’ upon completion of financing.  The first phase of the GRR project is expected to consist of a 10-acre tomato facility, with the ability to expand up to 30 acres thanks to the technologies and renewable energies the GreenGro and Biodynamics partnership will bring to the table.
  • CannaCulture Project – Biodynamics has received its first purchase contract from CannaCulture, and expects payment by the end of the second quarter.
  • Development of the 4.5-Acre Site for a Canna-Business Park in Adelanto, CA – Greengro Technologies recently announced the submitting of documents to the City of Adelanto for approval of its plan to design and develop one of Southern California’s largest canna-business parks, with GreenGro’s state-of-the-art indoor vertical farm at the epicenter of the complex.

 

“GreenGro Technologies continues its ascent in the legal cannabis market with the closing of its acquisition of a majority equity position in Biodynamics, Inc.,” said James Haas, Chairman and Chief Executive Office of GreenGro Technologies, Inc. “We are committed to increasing corporate revenues while also expanding via strategic investment opportunities that deliver multiple revenue streams on behalf of our shareholders. In fact, we have promising new bids out for our canna-business park as we speak.  I am confident we will be able to report outstanding growth for 2018 as we continue to increase our market share in an ever-growing marketplace while at the same time solidifying our position as one of the top innovators in our space.”

Mr. Haas went on to say that with all of the projects the Company is involved with currently along with potential new projects coming on board, he anticipates additional shareholder updates in the very near future.

To be added to GreenGro Technologies’ investor lists, please contact Bill Miller at bmiller@irpartnersinc.com.

About Biodynamics, Inc.

Biodynamics, Inc.  Akron, Ohio, is an industry leader in Controlled Environment Agriculture (CEA), specifically commercial hydroponic vertical farms that use precision environmental control to protect crops from environmental elements and enable year-round production of high quality, locally grown produce.  Biodynamics focuses on offering turnkey, fully automated, off-grid, state-of-the-art hydroponic vertical farms as one of the market’s premier indoor CEA systems providers. The company’s target market of customers includes businesses and institutions in the field of produce production and distribution.  Secondary markets include corporate R&D laboratories and university agricultural schools. Biodynamics is headquartered in Akron, OH. (P) 330-920-6040 (I) www.biodynamicscea.com; (Email) info@biodynamicscea.com

About GreenGro Technologies

GreenGro Technologies (GRNH) is a world class provider of eco-friendly green technologies with specific domain expertise in indoor and outdoor agricultural science systems serving both the consumer and commercial farming markets. It brings together community and commerce through the growth and distribution of healthy, nutritious foods and vital medicines backed by science and technology. Customers include restaurants, community gardens, small and large scale commercial clients. GreenGro Technologies also provides design, construction and maintenance services to large grow and cultivation operations and collectives in the medical and recreational marijuana sectors.

The Company’s website at www.greengrotech.com offers regular updates including educational videos, projects updates, recipes and nutritional information, and where to find the Company’s products.

Forward Looking Statements
This release may contain forward-looking statements. Actual results may differ from those projected due to a number of risks and uncertainties, including, but not limited to, the possibility that some or all of the matters and transactions considered by the Company may not proceed as contemplated, and by all other matters specified in the Company’s filings with the Securities and Exchange Commission. These statements are made based upon current expectations that are subject to risk and uncertainty. The Company does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in the Company’s filings with the Securities and Exchange Commission (www.sec.gov), including its recent periodic reports.

GREENGRO TECHOLOGIES, INC. TO SUBMIT PLANS TO DEVELOP CANNABIS FACILITIES

By | GreenGro Technologies, News, Press Releases

Highlights:

  • Company signed commercial lease on 2-26-2017 for property in City of Adelanto
  • Company just completed engineering plans to development a canna-business park on the property
  • Company to submit development plans to the City of Adelanto for approval by 4.20.18
  • Upon approval Company will seek funds to develop the Five Acre Canna-Business Park that will Feature its State-of-the-Art, Vertically-Integrated Greenhouse Technology at its Epicenter


ANAHEIM, Calif., March 26, 2018
— GreenGro Technologies, Inc. (Ticker: GRNH), a leader in the indoor agriculture technology market, today announced that it plans to submit development plans and seek approval from the City of Adelanto, California to develop a five-acre canna-business park.

This unique canna-business park (www.cannabusinesspark.com) will be designed to perform all cannabis or hemp related activities under one roof as it will exclusively feature the Company’s state-of-the-art, vertically integrated technology for indoor greenhouses at its epicenter.

“GreenGro Technologies is continuing to capitalize on a rapidly-growing legal cannabis market by spearheading the development of one of the first canna-business parks in California,” said James Haas, Chairman and Chief Executive Officer of GreenGro Technologies, Inc.  “Our ability to develop this new facility will be a testament to the industry’s acceptance and increasing demand for our state-of-the-art indoor greenhouse technology,” concluded Mr. Haas.

The Company on February 26, 2017, had entered into a twenty year lease agreement for over five acres of space in Adelanto, California to be used for the development of the canna-business park.  In addition to the Company’s one-acre indoor greenhouse, the property is being designed to include four 12,000 square foot buildings to be used for manufacturing, cultivation, a dispensary and distribution.  Permits are in the process of being applied for.

Cathedral City – Opening Delay
The Company today also announced that its planned grand opening of its Cathedral City igot420-branded dispensary will be delayed until July 2018 due to compliance issues which are currently being addressed.

To be added to the Company’s investor lists, please contact Bill Miller at Investor Relations Partners at 844-565-5665 or via email at bmiller@irpartnersinc.com.

About GreenGro Technologies
GreenGro Technologies (Ticker: GRNH) is a world class provider of eco-friendly green technologies with specific domain expertise in indoor and outdoor agricultural science systems serving both the consumer and commercial farming markets. It brings together community and commerce through the growth and distribution of healthy, nutritious foods and vital medicines backed by science and technology. Customers include restaurants, community gardens, small and large scale commercial clients. GreenGro Technologies also provides design, construction and maintenance services to large grow and cultivation operations and collectives in the medical and recreational marijuana sectors.

The Company’s website at www.greengrotech.com offers regular updates including educational videos, projects updates, recipes and nutritional information, and where to find the Company’s products.

Forward Looking Statements
This release may contain forward-looking statements. Actual results may differ from those projected due to a number of risks and uncertainties, including, but not limited to, the possibility that some or all of the matters and transactions considered by the Company may not proceed as contemplated, and by all other matters specified in the Company’s filings with the Securities and Exchange Commission. These statements are made based upon current expectations that are subject to risk and uncertainty. The Company does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in the Company’s filings with the Securities and Exchange Commission (www.sec.gov), including its recent periodic reports.

GREENGRO TECHOLOGIES, INC. ANNOUNCES THE HIGHLY ANTICIPATED GRAND OPENING OF ITS SECOND HIGH-TECH DISPENSARY THROUGH igot420, ON 4:20

By | GreenGro Technologies, News, Press Releases

ANAHEIM, Calif., February 26, 2018GreenGro Technologies, Inc. (Ticker: GRNH), a leader in the indoor agriculture technology market, today announced the highly anticipated grand opening of its Cathedral City-based dispensary through its tenant igot420.  The anticipated opening will occur, on “4:20” 2018, with a soft opening scheduled for April 1, 2018.  The Company noted that the only matter that could cause a delay would be associated with its application with the State of California for a temporary license to sell recreational cannabis. The Company’s current delays were due to necessary modifications made to ensure the dispensary would meet the state of California new design standards for all new microbusiness models.

“As the burgeoning cannabis business begins to reach maturity, more and more of today’s entrepreneurs will look for new and innovative methods to maximize their earnings potential.  This change in the industry’s dynamic can potentially result in greater demand for our state-of-the-art turnkey dispensaries, which can increase profits of a dispensary by as much as 50% at the retail store level,” said James Haas, Chairman and Chief Executive Officer of GreenGro Technologies, Inc. “The technological, financial and operational support we have provided our partners such as igot420, is consistent with our long-term strategy of expanding our presence initially across California, which should emerge as the single largest cannabis market across the nation.  This statewide expansion strategy coupled with our industry-leading technology should support our belief that 2018 should be a breakthrough year for the company and our shareholders,” concluded Mr. Haas.

The grand opening of the Company’s igot420’s second dispensary, follows the opening of its flagship store in North Hollywood, a 14,000 square foot store which opened in October 2017.  GreenGro Technologies was able to use proceeds from last year’s $4 million financing to secure the buildout of the Cathedral City dispensary and is well underway to secure igot420’s third and fourth locations in southern California.  The Company noted that it expects management contracts from its igot420 dispensary to contribute to its growing revenue streams before the end of second quarter.

To be added to the Company’s investor lists, please contact Bill Miller at Investor Relations Partners at 844-565-5665 or via email at bmiller@irpartnersinc.com.

About GreenGro Technologies

GreenGro Technologies (Ticker: GRNH) is a world class provider of eco-friendly green technologies with specific domain expertise in indoor and outdoor agricultural science systems serving both the consumer and commercial farming markets. It brings together community and commerce through the growth and distribution of healthy, nutritious foods and vital medicines backed by science and technology. Customers include restaurants, community gardens, small and large scale commercial clients. GreenGro Technologies also provides design, construction and maintenance services to large grow and cultivation operations and collectives in the medical and recreational marijuana sectors.

The Company’s websites: www.greengrotech.comoffer regular updates including educational videos, projects updates, recipes and nutritional information, and where to find the company’s products. https://www.facebook.com/GreengroTechnologiesInc.

Follow www.igot420.com for further details https://www.facebook.com/igot420/

About Investor Relations Partners

Investor Relations Partners, Inc. (IRP) is a full-service investor relations firm serving a global client base.  The principals of IRP have received top industry awards for their investor relations programs for a number of high-profile companies, including, but not limited to, Starwood Hotels & Resorts Worldwide, ValueVision Media, Taro Pharmaceuticals, and LJ International. The firm’s principals have executed effective investor relations programs for dozens of public companies, ranging from emerging micro-cap companies to multinational corporations with market capitalizations in excess of $15 billion.  For further information on IRP, please visit the firm’s Website at www.irpartnersinc.com.

Forward Looking Statements
This release may contain forward-looking statements. Actual results may differ from those projected due to a number of risks and uncertainties, including, but not limited to, the possibility that some or all of the matters and transactions considered by the Company may not proceed as contemplated, and by all other matters specified in the Company’s filings with the Securities and Exchange Commission. These statements are made based upon current expectations that are subject to risk and uncertainty. The Company does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in the Company’s filings with the Securities and Exchange Commission (www.sec.gov), including its recent periodic reports.

 

GreenGro Technologies Announces Strategic Initiatives Designed to Leverage New Cannabis Legislation

By | GreenGro Technologies, News, Press Releases

GreenGro Technologies Announces Strategic Initiatives Designed to Leverage New Cannabis Legislation

ANAHEIM, CA, January 04, 2018– (GLOBE NEWSWIRE) GreenGro Technologies, Inc. (OTC: GRNH), a world-class provider of eco-friendly green technologies, today announced that it expects the latest legislative initiatives relating to the legalization of cannabis, particularly in California, have set a favorable climate for companies such as GreenGro Technologies to expand its operations at a record pace.

“The new legislation passed just a few days ago was a historic moment both for the cannabis industry as well as our nation as cannabis become one step closer to being recognized as a safe household name,” said James Haas, Chairman and CEO of GreenGro Technologies, Inc.  “These new initiatives have also set a favorable economic and legislative environment for companies such as GreenGro Technologies to flourish as the demand for the once taboo product continues to accelerate at a pace that has astounded even some of the industry’s most optimistic pundits.  As a result, we believe this year could be a breakthrough year for GreenGro Technologies when measured by its financial and operational achievements, beginning with the achievement of the five key milestones outlined in this press release.  We are excited about 2018’s potential for our shareholders and look forward to reporting our progress to you during our next earnings press release,” concluded Mr. Haas.

GreenGro Technology’s 2018 Operational Milestones

In an effort to capitalize on the latest legislative changes, the Company has established the following key milestones for 2018 that should enable it to accelerate its expansion strategy and ultimately enhance shareholder value:

Milestone #1 – – Rapidly increase its market share of California’s vast and rapidly growing recreational cannabis market by gaining access to the newly issued licenses being issued to select entities in the State. As a result, California is expected to grow to become the single largest cannabis market in Northern America – – larger than all the other States and all of Canada combined.

Milestone #2 – – Place a greater emphasis on the sale of greenhouses through Vertical Hydrogardens, one of GreenGro Technology’s core businesses.

Milestone #3 – – Increase the funding,  buildouts and management of additional dispensaries based on our initial successful models launched last year in North Hollywood  under the “igot420” brand names.

Milestone #4 – – Through Genobreeding (a subsidiary of GreenGro Technologies) establish tissue culture, cloning labs and grow systems, which will enable the Company to clone cannabis on a massive scale.

Milestone #5 – – Reallocate our resources to better focus our finances and time on growth initiatives that can produce greater results far more efficiently than the past.

About GreenGro Technologies, Inc.

GreenGro Technologies, Inc. (OTC PINK:GRNH) is a national leader in both indoor and outdoor aquaponic and hydroponic systems and grow rooms, with specific domain expertise in agricultural science systems serving both the consumer and commercial farming markets. The company’s customers include restaurants, community gardens, and small- and large-scale commercial clients. For more up to date info like our Facebook page at https://www.facebook.com/GreengroTechnologiesInc?ref=hl

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 a number of 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 TECHNOLOGIES COMPLETES BUILDOUT OF FLAGSHIP igot420 MARIJUANA DISPENSARY

By | GreenGro Technologies, News, Press Releases

Turn-Key State-of-the-Art Dispensary and Grow Scheduled for Grand Opening in Mid-October

ANAHEIM, CA (September 27, 2017) – GreenGro Technologies, Inc. (OTC: GRNH), a world-class provider of eco-friendly green technologies, today announced today that is has completed the buildout of its flagship igot420-branded marijuana dispensary and grow, located in North Hollywood, California, on-time, within budget and in advance of its expected grand opening, scheduled for mid-October 2017. The grand opening of the Company’s flagship igot420 dispensary will also represent a new revenue stream for the Company consisting of leases and management contracts. Additional details of the North Hollywood flagship igot420 dispensary will be disclosed by its new tenants, the owners and operators of the igot420 brand, over the next several weeks.

“The completion of our flagship igot420-branded marijuana dispensary and grow represents one of the greatest milestones in the Company’s history. Not only are we about to launch one of the largest dispensaries across all of Los Angeles, at nearly 14,000 square feet but, more importantly, it will represent one of the most efficient and profitable dispensaries in the market due to utilization advanced indoor gro systems,” said James Haas, Chairman and CEO of GreenGro Technologies, Inc. “It is this same system that serves as GreenGro’s key competitive advantage as it enables our tenants and strategic partners to produce crops with increased yields, higher quality cannabis and, as a result, increased profitability at the store level by as much as 50%. I am pleased to see that GreenGro Technologies is running strong on all cylinders. The initial success we are already experiencing from our partnership with the igot420 brand together with our emergence as one of the key players in the branding and cloning of cannabis has paved the way for accelerated financial growth in the coming quarters, all of which of course is designed to enhance shareholder value,” concluded Mr. Haas.

The Company today also noted that it has already begun the initial construction phase of its second igot420-branded dispensary located in Cathedral City. The proximity of the Company’s Cathedral City dispensary to its North Hollywood flagship store is a reflection of management’s efforts to help build and strengthen its partners’ brand recognition in their respective markets, which in this case is focused on supporting the igot420 brand initially across Southern California, one of the nation’s largest cannabis markets.

About GreenGro Technologies, Inc.

GreenGro Technologies, Inc. (OTC: GRNH) is a national leader in both indoor and outdoor aquaponic and hydroponic systems and grow rooms, with specific domain expertise in agricultural science systems serving both the consumer and commercial farming markets. The company’s customers include restaurants, community gardens, and small- and large-scale commercial clients. For more up to date info like our Facebook page at https://www.facebook.com/GreengroTechnologiesInc?ref=hl

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 a number of 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.

Cannabis Industry Weekly Recap 7/21/2017

By | News, Press Releases

Greengro Technologies, Inc. (GRNH), announced it expects revenues for its second quarter ending June 30, 2017, to reach a record $830,000, or nearly eight times its revenue during the second quarter of last year. Greengro also reported that its pipeline of new contracts has grown to nearly $50 million as of the end of the second quarter, with recurring revenues expected to generate between $2 million – 5 million in produce sales annually. The shares have slipped from a 52-week high of 16 cents down to 4 cents and popped at least a penny on the news.

Greengro Technologies Expects Record Second Quarter Revenues

By | News, Press Releases

ANAHEIM, Calif., July 19, 2017 (GLOBE NEWSWIRE) — Greengro Technologies, Inc. (GRNH), one of the fastest growing companies in the emerging indoor agriculture technology industry, today announced it expects revenues for its second quarter ending June 30, 2017 to reach a record $830,000, or nearly eight times its revenue during the second quarter of last year.  The Company also reported that its pipeline of new contracts has grown to nearly $50 million as of the end of the second quarter, with recurring revenues expected to generate between $2- 5 million in produce sales annually.  The growing pipeline and recurring revenues is due primarily to the Company’s first quarter acquisition of Biodynamics, a leading provider of turnkey hydroponic vertical farms.

The Company also reported that is has already collected over $600,000 from the sale of a $7.5 million greenhouse sale announced during the first quarter.  It is important to note that although this pipeline is comprised of signed construction contracts, many of which in fact are bonded, there is no assurance that they will mature into revenue-generating contracts due to unforeseen issues that may arise with the customer, such as its location, compliance issues and financial support.

The Company expects to report its final second quarter and first half 2017 financial results during the second week of August 2017 followed by the Company’s first-ever investor conference call to be hosted by Mr. Haas at 10:00 am PT/1:00 pm ET.

Greengro Technologies Enters Into Genetic Research

In June and July 2017, Greengro Technologies’ division GenoBreeding, Inc. solidified a joint venture with Gala Global, Inc., (GLAG), by which Dr. Rehman Maqsood, Chief Operating Officer of Gala Global and one of the world’s foremost soybean geneticists, joined Greengro Technologies in order to conduct genetic research on new plant strains, on behalf of GenoBreeding.

Greengro Technologies Enters Into Genetic Research

In June and July 2017, GenoBreeding, Inc., a wholly-owned division of the Company solidified a joint venture with Gala Global, Inc., by which Dr. Rehman Maqsood, Chief Operating Officer of Gala Global and one of the world’s foremost soybean geneticists, joined the Company in order to conduct genetic research on new plant strains, on behalf of GenoBreeding.

Dr. Maqsood is listed as an inventor on 33 patents and at least 5 additional patent applications related to soybean varieties, including some patents related to “single locus conversion”, where a part of a soybean variety’s genome has been changed to give the new soybean plant characteristics that were not present in its ancestors.

Gala Global and Greengro Technologies believe that the combination of Gala Global’s proprietary plant incubation technologies and proprietary digital technologies related to projecting the results of genetic changes will allow GenoBreeding to create new plant varieties much faster than has previously been possible.  Greengro Technologies intends to use this combination of technologies to quickly create customized strains of cannabis and other plants, potentially revolutionizing the cannabis industry and other agricultural industries.  The Company also anticipates that it will be able to patent many of these customized strains.

For additional investor please contact Bill Miller at bmiller@irpartnersinc.com or at 844-565-5665.

About Greengro Technologies, Inc.

Greengro Technologies, Inc. (GRNH) is a world-class provider of eco-friendly green technologies with specific expertise in indoor and outdoor agricultural systems for both consumer and commercial farming markets.  Greengro Technologies brings together community and commerce through the growth and distribution of healthy, nutritious foods and vital medicines produced by innovative technology throughout the supply chain.   Customers include restaurants, community gardens, and small and large-scale commercial clients.  Greengro Technologies also provides design, construction, and maintenance services to large collection operations and collectives in the medical and recreational cannabis sectors.  The company’s website, www.greengrotech.com, offers regular updates including educational videos, project updates, recipes, and nutritional information, and where to find the company’s products.

Greengro Technologies Signs $17 Million Purchase Contract for PV Solar Glass Hydroponic Vegetable Greenhouse

By | News, Press Releases

ANAHEIM, Calif., July 10, 2017 (GLOBE NEWSWIRE) — Greengro Technologies, Inc. (OTC:GRNH), one of the fastest growing companies in the emerging indoor agriculture technology industry, today announced that its majority-owned subsidiary Biodynamics, LLC, Akron, Ohio, has been awarded a contract to sell a branded photovoltaic (PV) solar glass hydroponic vegetable greenhouse as part of a $17 million purchase agreement with GH Farms Group, LLC, an Ohio-based greenhouse company.

Under terms of the agreement, Biodynamics will construct a 254,528 sq. ft. PV solar glass hydroponic vegetable greenhouse for GH Farms Group, with construction expected to start in the third quarter of 2018. The project, incorporating Biodynamics’ industry-leading fully automated off-grid greenhouse technology, will cultivate vegetables hydroponically using Biodynamics’ proprietary controlled environment agriculture (CEA) growing systems and techniques.

“We welcome this opportunity to show that our greenhouses are the market’s best – climate-controlled by a positive pressure HVAC system with water and nutrients managed by an IBM Watson AI computer-automated irrigation system,” noted Trisha Madden, CEO of Biodynamics.

“We are very pleased to be moving forward with the vegetable-growing sector of our operations,” said Greengro Technologies CEO James Haas. “Our indoor growing technologies have enormous potential across many types of agriculture applications and we expect to become a major competitor in the space.”

Haas noted that Biodynamics’ unique PV solar glass hydroponic greenhouses are an environmentally beneficial and economically lucrative alternative to traditional farming methods that are stressful to the environment and present growers with significant operational and economic challenges.

Separately, Greengro Technologies announced progress with a $25 million project signed in February 2017 with Global Renewable Resources LLC (GRR), Shaker Heights, Ohio. The City of Warren, Ohio’s Mayor William D. Franklin recently committed the needed land to develop the project. “The backers of this project are not shy about their intentions to confront the disturbing trend of population decline in this region,” said Franklin.  “With careful attention paid to the realities of our current commercial environment, this project helps to inject new opportunities in the community because it has the capability to create exceptional produce and services for a growing market. I support this development and look forward to working with GRR to realize the full potential of this project through land assembly and other supports.”

GRR is a startup specializing in sustainable technologies and renewable energy. After securing the land for the greenhouse project from the City of Warren, GRR management is currently working on completing the project’s capital raise, expected to be closed by the end of second quarter of 2018.

In other news, Greengro has completed all project planning for the Foodraiser Project in Columbus, Ohio as contracted, and is currently waiting for Foodraiser management to respond with a timeline for the completion of land acquisition and financing.

According to a 2016 report published by Markets and Markets Research, the indoor farming market is expected to grow at a CAGR of 24.8% from 2016 and reach USD $5.80 billion by 2022.  Based on detailed analysis of all factors impacting the vertical farming market, expected growth will reach the highest CAGR between 2016 and 2022.

CEA

Controlled Environment Agriculture (CEA) is an advanced and intensive form of hydroponic agriculture. Plants are grown within a controlled environment so that best horticultural practices can be implemented.  CEA structures optimize the use of resources such as water, energy, space, capital and labor. CEA itself is a combination of engineering, plant science and computer managed greenhouse control technologies used to optimize plant growing systems, plant quality, and production efficiency. CEA systems regulate components such as the temperature, lighting, and CO2, which allow for stable control of the plant environment. CEA also provides separate control of the root-zone environment. CEA provides secure, healthy, and cost-effective year-round production of many premium edible, ornamental, and high-value plant species.  CEA agricultural technology enables growers to control a crop’s environment to the desired conditions. CEA technologies include greenhouse, hydroponics, aquaculture and aquaponics. Controlled variables include temperature, humidity, pH balance and nutrient analysis.

About Biodynamics

Biodynamics LLC, Akron, Ohio, specializes in innovative renewable energy applications and CEA business solutions in the U.S. market, providing consultancy, project management, construction, system installation and maintenance services for commercial, industrial, institutional, educational, residential, mobile and specialty greenhouse applications using state-of-the-art technologies and processes.  Target markets include commercial hydroponic vertical farms that use precision environmental control to protect crops from environmental elements and enable year-round production of high quality, locally grown produce.  Biodynamics focuses on offering turnkey, fully automated, off-grid, state-of-the-art, high-tech hydroponic vertical farms as one of the market’s premier indoor CEA systems providers. The company’s target market of customers includes businesses and institutions in the field of produce production and distribution.  Secondary markets include corporate R&D laboratories and university agricultural schools. www.biodynamicshydroponics.com

About Greengro Technologies

Greengro Technologies Inc. (OTC:GRNH) is a world class provider of eco-friendly green technologies with specific domain expertise in indoor and outdoor agricultural science systems serving both the consumer and commercial farming markets. It brings together community and commerce through the growth and distribution of healthy, nutritious foods and vital medicines backed by science and technology. Customers include restaurants, community gardens, and small and large-scale commercial clients. Greengro Technologies also provides design, construction and maintenance services to large grow and cultivation operations and collectives in the medical and recreational cannabis sectors.  The company’s websites: www.greengrotech.com, offer regular updates including educational videos, projects updates, recipes and nutritional information, and where to find the company’s products.

Forward Looking Statements:

This release may contain forward-looking statements. Actual results may differ from those projected due to a number of risks and uncertainties, including, but not limited to, the possibility that some or all of the matters and transactions considered by the Company may not proceed as contemplated, and by all other matters specified in the Company’s filings with the Securities and Exchange Commission. These statements are made based upon current expectations that are subject to risk and uncertainty. The Company does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in the Company’s filings with the Securities and Exchange Commission (www.sec.gov), including its recent periodic reports.

Contact Information

Greengro Technologies                                                                                 
James Haas, CEO
1676 W. Lincoln Ave.
Anaheim, CA 92801
(714) 367-6538 Sales Hotline
www.greengrotech.com 
info@greengrotech.com

Investor/Media Contact:                                             
Bill Miller
Investor Relations Partners
Phone: 844-565-5665
bmiller@irpartnersinc.com

Greengro Signs Cannabis Genetic JV with Acclaimed Plant Geneticist

By | News, Press Releases

ANAHEIM, CA — June , 2017 — Greengro Technologies, Inc. (OTC : GRNH), a world-class provider of eco-friendly horticulture technologies, today announced it has signed a joint venture with Maqsood Rehman, Ph.D., a leading horticulture geneticist, for the development, patenting and licensing of cannabis strains.

The JV is between GenoBreeding, a majority-owned Greengro subsidiary, and Dr. Rehman. Under the terms of the agreement, GenoBreeding will own 60 percent of the JV, and Dr. Rehman 40 percent. As was disclosed just last week, the Company’s GenoBreeding has already signed it first customer, igot420.

Dr. Rehman brings 15 years’ successful experience and industry leadership including five years with Monsanto Company, and five years with Dow Agrosciences. To implement the JV’s business plan for surpassing the current industry state of cannabis strain development, he and his scientific team will utilize advanced technologies including breeding methods, genome sequencing, development of new molecular markers for key traits, and bioinformatics (software tools to develop predictive breeding methods).

The Company is confident its proprietary combination and utilization of these tools, under the painstaking direction of one of the nation’s best qualified plant geneticists, will yield valuable new strains of cannabis and push the edge of the technology to new levels of science. His team includes two master cannabis growers and a molecular genetics and data development scientist.

The combination and relative potency of about 200 terpenes, flavonoids, cannabinoids including THC, CBD and other molecular constituents give various strains of cannabis their distinctive flavors, scents and therapeutic properties. The number of combinations of these constituents, at differing potencies, is unlimited.

The strains GenoBreeding selects for commercialization will be patented, assigned bar codes and included in its growing library for licensing, to companies such as igot420 for example. Initially, the its commercialization strategy targets growers, producers and dispensaries seeking their own proprietary marijuana strains, in their own name, to build brand equity as well as to be able to offer customers unique, high quality strains to build brand loyalty. Secondarily, the Company will target the rapidly growing number of biotech firms conducting advanced, FDA compliant clinical research on cannabis from San Diego to Tel Aviv. They require highly specific, custom strains from which to extract and/or synthesize terpenes, CBD and the many other cannabis constituents.

Maqsood Rehman, Ph.D. Biography

Maqsood Rehman, Ph.D. has 15 years’ successful industry experience.  He has worked for Dow Agrosciences since 2012, most recently as Soybean Leader. Prior, he served Monsanto Company since 2007 as Soybean Breeder.

Dr. Rehman has published peer reviewed articles in eight scientific journals. He earned his M.S. and Ph.D. in Plant Science from the University of Idaho, and completed post-doctoral studies at the University of Missouri-Columbia.

About Greengro’s Proprietary GenoBreeding Program

Greengro’s GenoBreeding program is an advanced initiative in keeping with the cannabis industry’s increasing reliance on genetics. Through the articulate heightening of hereditary attributes and the variation of inherited characteristic in plants, GenoBreeding is creating more robust, healthier, stronger, proprietary commercial cannabis strains that share desirable inherited characteristics.

About Greengro Technologies

Greengro Technologies (OTC : GRNH) is a world class provider of eco-friendly green technologies with specific domain expertise in indoor and outdoor agricultural science systems serving both the consumer and commercial farming markets. It brings together community and commerce through the growth and distribution of healthy, nutritious foods and vital medicines backed by science and technology. Customers include restaurants, community gardens, and small and large scale commercial clients. Greengro Technologies also provides design, construction and maintenance services to large grow and cultivation operations and collectives in the medical and recreational marijuana sectors.

The company’s website: www.greengrotech.com, offers regular updates including educational videos, projects updates, recipes and nutritional information, and where to find the company’s products. To be added to Greengro’s investor lists, please contact Bill Miller at 844-565-5665 or via email at bmiller@irpartnersinc.com.

Safe Harbor

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 a number of 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.

 

 

 

 

 

 

 

Investor/Media Contact:                                                          Company Contact:

 

Bill Miller                                                                                James Haas, CEO

 

Investor Relations Partners                                                     Phone: 714-367-6538

Phone: (844) 565-5665                                                           info@greengrotech.com

Greengro Technologies to Break Ground on Second igot420 Facility; Company Secures $4 Million Financing for New, Cathedral City, CA Project

By | News, Press Releases

ANAHEIM, CA — June 8, 2017 — Greengro Technologies, Inc. (OTC Pink: GRNH), a world-class provider of eco-friendly green horticulture technologies, today announced it has secured a $4 million funding commitment to build a second igot420 dispensary in Cathedral City, California. $2 million of that financing has already been received with the remaining $2 million to be drawn down pending advancement of the project’s construction schedule.

Igot420 is a major tenant of Greengro properties. The Cathedral City dispensary follows the commencement of the Company’s construction of its North Hollywood flagship location, currently about 35% completed.

Greengro’s GenoBreeding will develop igot420’s genetic line utilizing the Company’s advanced technology to develop and market an evolution of refined cannabis varieties through the incorporation of modern plant breeding technologies.

“We are currently developing a catalog of selectively bred, genetically labeled, signature cannabis strains through the Company’s GenoBreeding program,” said James Haas, Chief Executive Officer of Greengro Technologies. “Our vision is not to just bring to market another cultivation operation and dispensary, but to license and build brands such as igot420 to become the “Starbucks” of the emerging marijuana industry.”

Strategically located two hours east of North Hollywood in Riverside County, the new Cathedral City facility will replicate the structure of the North Hollywood location as part of the Company’s efficient, planned regional expansion. The necessary Conditional Use Permit has been granted pending routine update. With the Company’s agreement to lease its Cathedral City facility to igot420, it plans to start construction next month and expects this turn-key operation will be set for Grand Opening by November 1, 2017.

“This important project will prove out our business model for replicating our scientifically designed, cost effective facilities and scaling them quickly, regionally,” Mr. Haas added. “With the Cathedral City project capital already secured, and the igot420 team ready to go, we are confident the exciting progress in the third quarter of 2017 will position Greengro for another breakout year.”

For more information about igot420, visit its website at https://igot420.com/.

According to a report from New Frontier Data, it’s forecasted that tax revenues in states with legalized marijuana will reach $1.8 billion, of which $1.4 billion will be from cannabis specific taxes. North American legal marijuana sales totaled $6.7 billion in 2016, and in another report by cannabis market research firm New Frontier Data projects the industry will top 255,000 jobs by 2019 and reach $24.5 billion in sales by 2025.

To be added to Greengro’s investor lists, please contact Bill Miller at 844-565-5665 or via email at bmiller@irpartnersinc.com.

About Greengro’s Proprietary GenoBreeding Program

Greengro’s GenoBreeding program is an advanced initiative in keeping with the cannabis industry’s increasing reliance on genetics. Through the articulate heightening of hereditary attributes and the variation of inherited characteristic in plants, GenoBreeding is creating more robust, healthier, stronger, proprietary commercial cannabis strains that share desirable inherited characteristics. As markets continue to open, creating evolving new industry demands, Management is keenly focused on the capitalization of congruent developing niches that seamlessly align with the Greengro’s core business model.

About Greengro Technologies

Greengro Technologies (OTC PINK: GRNH) is a world class provider of eco-friendly green technologies with specific domain expertise in indoor and outdoor agricultural science systems serving both the consumer and commercial farming markets. It brings together community and commerce through the growth and distribution of healthy, nutritious foods and vital medicines backed by science and technology. Customers include restaurants, community gardens, and small and large scale commercial clients. Greengro Technologies also provides design, construction and maintenance services to large grow and cultivation operations and collectives in the medical and recreational marijuana sectors.

The company’s website: www.greengrotech.com offers regular updates including educational videos, projects updates, recipes and nutritional information, and where to find the company’s products.

 

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 a number of 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.