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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.

Greengro Technologies, Inc. Retains Investor Relations Partners to Support Company’s Strategic IR Program

By | News

May 25, 2017

OTC Disclosure & News Service

ANAHEIM, Calif., May 25, 2017 (GLOBE NEWSWIRE) — Greengro Technologies, Inc. (OTC:GRNH), a leader in the indoor agriculture technology market, today announced that it has retained Investor Relations Partners (IRP), one of the fastest growth investor and public relations firms in the nation, to expand the Company’s strategic investor relations program.

“GreenGro Technologies is at the forefront of the burgeoning indoor agriculture technology market. Our business units cover the entire indoor agriculture supply chain from developing growing technology to growing structures, plant processing, distribution and sales,” said Jim Haas, Chief Executive Officer of GreenGro Technologies, Inc. “In the past few months we have made a number of strategic acquisitions and partnerships and built what we believe is a solid pipeline of significant deals. However, the market has yet to grasp our unique strategy and the enormous role we expect to play in the indoor agriculture market. We have retained IRP to help communicate the series of expected positive developments to the investment community in an effort to significantly increase our exposure as well as support our overriding goal of building shareholder value,” concluded Mr. Haas.

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 (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, 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.com, offer regular updates including educational videos, projects updates, recipes and nutritional information, and where to find the company’s products. https://www.facebook.com/GreengroTechnologiesInc.

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.

Investor/Media Contact:

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

Copyright © 2017 GlobeNewswire. All Rights Reserved

 

Greengro Technologies, Inc. Retains the Auditing Services of Notable Accounting Firm, M&K CPAS, PLLC

By | News, Press Releases

ANAHEIM, CA–(Marketwired – May 25, 2017) – Greengro Technologies, Inc. (OTC: GRNH), a world-class provider of eco-friendly green technologies, is pleased to is pleased to announce that the Company has retained the auditing services of M&K CPAS of Houston, Texas, a distinguished Full-Service CPA and business consulting firm, to fulfill the necessary requirements for up-listing to the OTCQB, in pursuit of heighted transparency and corporate advancement.

M&K CPAS, PLLC is a distinguished full-service CPA firm that provides audit & assurance services, financial reporting, and fulfills the tax needs of growing micro and small-cap publicly traded companies domestically as well as globally. As a registered Accounting firm with the Public Company Accounting Oversight Board, the firm brings reliable, top-quality expertise to the table.  Greengro’s plan is to meet standards to up-list to OTCQB, filing a Form S-1 and become fully reporting.

James Haas, CEO of Greengro Technologies, Inc. stated: “We are very pleased with the team that we have brought on board to assist us in this undertaking. It’s of upmost importance that we engage the full support of highly respected professionals, who have acquired the expertise to help us organize and fulfill the listing requirements to achieve an elevated tier, in preparation for our ultimate aspiration of up-listing to the Small Cap NASDAQ Capital Market.”

 

Greengro Technologies recently disclosed that the Company had accomplished a substantial over 100% boost in revenues year over year. With record breaking results reflecting exponential growth and the establishment of funding necessary to facilitate the build out of two Marijuana Dispensaries igot420 in California, North Hollywood and Cathedral City, the Company prepares for continuing regional expansion.

Haas concluded: “in reflection of our commitment to transparency, we trust that it is in the best interest of our investors to move up to the more distinguished OTCQB, where our Company will have greater visibility before a larger group of investors. We are excited to be advancing, and believe that our shareholders will greatly benefit from these efforts.”

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. The Company will keep shareholders updated as events unfold with the its new product line, as well as other projects currently underway.

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

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, Inc.

James Haas, CEO, 714-367-6538 – info@g

Greengro Technologies, Inc. Locks Down Next igot420 Dispensary Buildout to be Erected in Cathedral City California

By | News, Press Releases

With $4.4 Million in Funding Secured by Greengro, Management Mobilizes to Secure Real-Estate with Licensing in Place, for the Formation of Secondary Turn-Key Marijuana Dispensary

ANAHEIM, CA–(Marketwired – May 9, 2017)Greengro Technologies, Inc. (OTC: GRNH), a world-class provider of eco-friendly green technologies, is pleased to announce that the Company has established $4.4 Million in funding to facilitate the build out of a second Marijuana Dispensary in North Hollywood. Set approximately 2 hours from Greengro’s flagship location in North Hollywood, Cathedral City’s operation will be strategically designed to reflect the brand and operational structure of its North Hollywood counterpart, in anticipation of continued regional expansion.

The necessary Conditional Use Permit has been granted, and the Company plans to begin construction in mid-June with expected completion by early fourth quarter, 2017. “The ability to move forward on this undertaking is filled with excitement and anticipation. We can’t wait to break ground” stated James Haas, Chief Executive Officer, Greengro Technologies. The Company plans to have the build-out completed by Sept 2017, in time for an anticipated October 1st Grand Opening. Greengro Technologies, Inc. recently announced that the Company has established the funding required to initiate the building of a new IGOT420 Marijuana Dispensary and Gro in North Hollywood. All licensing and permitting has been secured, and terms on regulation compliant property have been solidified (https://igot420.com/). The dispensary will be the flagship location for the launch of Greengro’s GenoBreeding operation, an advanced Greengro initiative to bring to market an evolution of refined cannabis varieties through the incorporation of modern plant breeding technologies.

According to SIVALLC.com, statistics reveal that marijuana is on the rise. By 2020, it is estimated that the U.S. market for legal cannabis will hit $11 Billion. Since the end of 2014, dispensary jobs have grown 90%. “

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.

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, management’s vision is to help growers create more robust, healthier, stronger, and upon demand, tailored 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. The Company will keep shareholders updated as events unfold with its new product line, as well as other projects currently underway.

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 websites: www.greengrotech.com, offer 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.

Greengro Technologies, Inc.

James Haas, CEO, 714-367-6538 – info@greengrotech.com

Biodynamics LLC Introduces IBM Watson Greenhouse ‘Master Grower’ App

By | News

Trisha Madden named Biodynamics CEO

AKRON, Ohio, April 28, 2017 – Biodynamics LLC, an Akron, Ohio-based leader in controlled environment agriculture (CEA), renewable energy and consumer hydroponics announced today that it is officially partnering with IBM to incorporate IBM Watson AI technology into the company’s greenhouse computer control systems as a “Master Grower” app.

Biodynamics is a division of Greengro Technologies, Inc. (OTC: GRNH), Anaheim, Calif., a world-class provider of eco-friendly green technologies.

Biodynamics greenhouse growers can now access and utilize the cognitive computing features and human interface technologies in IBM Watson’s language, vision, speech and data APIs.  Watson pulls from hundreds of years of greenhouse horticulture knowledge accumulation and decades of hydroponic greenhouse operations data combined with experience in cutting-edge wireless CEA sensor-and-control technology from Biodynamics.

“Biodynamics is helping lead the development of IBM Watson for agriculture applications,” said Trisha Madden, the newly appointed CEO of Biodynamics.  “Now every indoor grower can be a ‘Master Grower.’”

Madden said that indoor grow facility operators no longer require decades of grower experience to successfully run commercial-scale CEA facilities because Watson now performs many master grower tasks.

“We enable any competent professional to own and operate a business production greenhouse and successfully run it just by using IBM Watson for managing crop planting and harvesting,” stated Madden.

LEED-Certified Vertical Farms

Biodynamics is a CEA industry leader specifically in LEED-certified commercial hydroponic vertical farms that use precision environmental controls to protect crops from environmental elements and enable year-round production of high quality, locally grown produce.

Biodynamics’ “Master Grower” IBM Watson app can use diverse capabilities to understand how seeds react to different nutrients and greenhouse conditions.  By analyzing and correlating information about internal facility conditions, types of seeds, types of infestations in certain areas, probability of diseases, data about what has previously worked best, year-to-year outcomes, marketplace trends, prices or consumer needs, growers can make decisions to maximize return on crops investments.

With this Biodynamics tool, indoor growers without degrees or crop-specific knowledge about hydroponic horticulture and computerized grow systems can tap into advanced techniques for operating reliable indoor grow facilities that successfully produce high harvest yields, all while maintaining safety and security.

 

About Biodynamics

Biodynamics CEA 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, 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. Biodynamics’ Midwest offices are at 526 S. Main St., Akron, Ohio 44311. (P) 330-920-6040 (I) www.biodynamicscea.com; (Email) info@biodynamicscea.com

 

About Greengro Technologies

Greengro Technologies is a world-class provider of eco-friendly green technologies and a specialist in equity investments and mergers and acquisitions in the commercial cannabis industry.  Greengro Technologies 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 growing markets. The company’s 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.  For more up-to-date information, 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.

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

 

Greengro Technologies, Inc. Helps Secure an igot420 all New North Hollywood Dispensary and Gro Build Out

By | News, Press Releases

Company Secures Financing, Licensing, and Suitable Real-Estate to Establish a State-of-the-Art Measure M Compliant Marijuana Dispensary

ANAHEIM, CA–(Marketwired – April 27, 2017)Greengro Technologies, Inc. (OTC: GRNH), a world-class provider of eco-friendly green technologies, is pleased to announce that the Company has established the funding to initiate the building of a new IGOT420 Marijuana Dispensary and Gro in North Hollywood. All licensing and permitting has been secured, and terms on regulation compliant property have been solidified https://igot420.com/ .The dispensary will be the flagship location for the launch of Greengro’s GenoBreeding  operation. An advanced Greengro initiative to bring to market an evolution of refined cannabis varieties through the incorporation of modern plant breeding technologies.

In anticipation, of a management contract  Greengro will utilize it’s acquired active application and streamline production for the swift launch operations. Measure M provisions enable shops to secure compliance with MCRSA by allowing the City Council to issue permits and start taxing and regulating retailers and producers of pot products. Scheduled to Open September  1st 2017 Greengro will follow up with final Grand Opening in the next months to come once were thru most of the construction .You can always keep informed by using our Investor Page https://greengrotech.com/investors/

According to SIVALLC.com, statistics reveal that marijuana is on the rise. By 2020, it is estimated that the U.S. market for legal cannabis will hit $11 Billion. Since the end of 2014, dispensary jobs have grown 90%. “We continue to mobilize toward creating a substantial footprint in the industry. We believe that the operational success of this dispensary, in likeness to our other advantageous divisions, will evolve into a highly duplicable and thriving franchise model.” stated James Haas, Chief Executive Officer, Greengro Technologies.

Haas continued: “Although uncertainty continues in the political arena, there is one thing we are entirely confident of. That’s the fact that this industry is blazing forward. Here in our territory, and in other states that are surely paying very close attention to the robust revenues coming in through licensed and tax paying establishments. We believe that we can build a franchise model with this dispensary that can ultimately go nationwide as legalization spreads”

According to a report from New Frontier Data, its 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.

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 Greenro’s core business model. The Company will keep shareholders updated as events unfold with the its new product line, as well as other projects currently underway.

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, management’s vision is to help growers create more robust, healthier, stronger, and upon demand, tailored 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, 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.com, https://igot420.com/ offer 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.

Greengro Technologies, Inc.

James Haas, CEO, 714-367-6538 – info@greengrotech.com

Greengro Technologies Signs Purchase Agreement for $7.4 Million Greenhouse Transaction and Secures Initial $600,000 Down Payment

By | News, Press Releases

Fresh Local Produce of Ohio becomes Greengro Glass Greenhouse Franchisee

ANAHEIM, CA—(Marketwire – March 31, 2016) Greengro Technologies, Inc. (OTC: GRNH), a world-class provider of eco-friendly green technologies, today announced it has received a $600,000 down payment on a $7.4 million flagship three-acre turnkey off-grid PV-solar glass greenhouse from Fresh Local Produce of Ohio, an indoor hydroponic farming company based in Akron, Ohio.  The companies expect to be breaking ground on the new facility in the third quarter of 2017.

Under the terms of the agreement, Fresh Local Produce of Ohio gains access to Greengro’s proprietary controlled environment agriculture (CEA) growing systems and techniques, and Greengro earns a five percent royalty on all gross produce (primarily lettuce) sales made by the greenhouse.

Fresh Local Produce of Ohio’s state-of-the-art facility is part of its newly acquired Greengro Glass House Franchise, which includes Greengro designing and building the greenhouse, installing hydroponic grow systems and equipment, training operational staff and assisting with growing, harvesting and  selling crops. The CEA greenhouse is climate controlled by a positive pressure HVAC system, in a fully automated hydroponic irrigation system.

The Greengro Glass House Franchise is offered with a purchase order to acquire the entirety of each annual crop, primarily lettuce, harvested by a facility.  Financing options are available through preferred lenders.

End user customers for Greengro’s franchise program include companies in the field of leafy green produce production and distribution, e.g., lettuce producers and processors. Greengro plans on generating a recurring revenue stream from several scheduled three-acre Greengro Glass Greenhouse Franchise locations across the U.S.

“This initial transaction with Fresh Local Produce of Ohio is an exciting development for Greengro Technologies,” said Greengro CEO James Haas.  “We are very pleased to be working with Greengro’s finance sources, which have been key in bringing this rewarding partnership to life.”

The sale of a Greengro Glass Greenhouse Franchise to Fresh Local Produce of Ohio follows on the heels of Greengro Technologies’ March 2017 acquisition of a 51 percent majority interest in Biodynamics LLC, an Akron, Ohio-based leader in controlled environment agriculture (CEA), renewable energy and consumer hydroponics.  As part of that transaction, Biodynamics’ CEO Tim Madden was named Greengro Technologies’ COO.

Stated Madden: “Greengro’s recent merger with Biodynamics is yielding record sales for Greengro Technologies, as evidenced by this multi-million dollar deal with Fresh Local Produce of Ohio.”

As a result of this sale to Fresh Local Produce of Ohio, Greengro’s revenues have reached the range of a minimum of $8 million for 2017, according to Haas, who said that Greengro 2016 revenues were approximately $1.1 million.

“This transaction boosts Greengro into record setting income territory for the company,” said Haas. “Our acquisition of Biodynamics was definitely a decisive move toward Greengro’s strategy for significant advancement.”

The market potential for growing lettuce in greenhouses is significant at this stage, noted Haas.  He said that advanced CEA facilities can annually produce approximately nine million heads of fresh, crisp lettuce within three acres. With an estimated per-head value of $.75, potential revenues from the greenhouse production of lettuce alone could be very lucrative.

About Greengro Technologies

Greengro Technologies (OTC PINK: 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, small-l 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.

Greengro’s Glass Greenhouse Franchise Model is designed for businesses in the CEA field, specifically commercial hydroponic vertical farms that use precision control systems to protect crops from environmental elements and enable year-round production of high quality, locally grown produce.

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.

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