Innovative, full-scope, science-driven, premium hemp
cultivation and branding enterprise Green
Hygienics Holdings (OTCQB: GRYN) today announced that it has opened
escrow for the acquisition of its head office and warehouse building in the
prominent Poway Business Park located near San Diego, California. “This is a
marquis property in a strategic location approximately 45 minutes away from the
824-acre Potrero Ranch Property and just outside of San Diego. The acquisition
of this property will immediately deliver positive cash flow from the existing
tenancies and provide the company with the use of our head office location at
no cost. Our near-term objective is to build a strong balance sheet and
establish base cash flow,” Green Hygienics Holdings chief executive officer Ron
Loudoun stated in the news release.
To view the full press release, visit http://ibn.fm/Dgy4d
About Green Hygienics Holdings Inc.
Green Hygienics Holdings is an innovative, full-scope,
science-driven, premium hemp branding enterprise focused on the cultivation and
processing of industrial hemp for cannabidiol (“CBD”). The Hemp Farming Act of
2018 removed hemp from Schedule I controlled substances (defined as cannabis
with less than 0.3% THC) making it an ordinary agricultural commodity. GRYN’s
mission is to grow the company in a sustainable and profitable manner to be one
of the largest industrial hemp for CBD producers in North America. The company
will adhere to the highest standards of operations in consistently delivering
safe and premium-quality products to consumers. GRYN intends to be a leader in
FDA cGMP (Current Good Manufacturing Practice) capabilities in the hemp and CBD
marketplace. The company’s business model includes generating revenues from the
sale of hemp and premium-grade CBD products; creating trusted global consumer
brands; developing valuable IP; and growing the company rapidly through
strategic acquisitions. For more information, visit the company’s website
at www.GreenHygienicsHoldings.com.
NOTE TO INVESTORS: The latest news and updates
relating to GRYN are available in the company’s newsroom at http://ibn.fm/GRYN
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