- Green
Hygienics completes acquisition of the 824-acre Potrero Ranch property
which includes 400,000 square feet of greenhouse space near San Diego,
California, allowing for multiple industrial hemp harvests
- Green
Hygienics farming methodology addresses the challenge of scalability. The
Company’s cultivation capability far exceeds that of the average-size hemp
farm in North America, which stalls at around nine acres
- The
company’s pending acquisition, a head office and warehouse property, will
serve as its head office for corporate administration and potentially
manufacturing; supporting cultivation and processing will take place at
the Potrero Ranch strategically located just 45 minutes away
Green Hygienics Holdings Inc. (OTCQB: GRYN), a full-scope,
premium hemp cultivation and branding enterprise focused on the cultivation and
processing of industrial hemp for the purpose of extracting cannabidiol (CBD),
is well-positioned to take advantage of this booming sector of the economy. Fresh
off a news release detailing the company’s acquisition of the 824-acre Potrero
Ranch Property (http://ibn.fm/xvjDO),
GRYN announced it has opened escrow for the acquisition of its head office and
warehouse building in the prestigious Poway Business Park, both located near
San Diego, California.
Green Hygienics’ holds a major competitive advantage over
industry peers in cultivating premium products through its scientific
methodology combined with sustainable farm practices. Producing higher yields
on a consistent basis, while remaining compliant through diligent testing, is
the hallmark of Green Hygienics’ business model.
Hemp cultivation dramatically increased once federal
restrictions on hemp farming were lifted through passage of the 2018 Farm Bill,
according to advocacy group Vote Hemp in its 2019 U.S. Hemp License
Report (http://ibn.fm/d98EB).
Finding success with this versatile crop, however, has been elusive for some
farmers, the report states, with up to a 60 percent failure rate of harvests.
Currently, the average-size hemp farm in North America is nine acres, which
means every inch of that land must be productive in order for farmers to reap a
profit.
With 25 years of experience in agricultural science and
innovation, Green Hygienics has solved the challenge of scalability through its
farming methodology. In today’s market, inefficient companies and those that
produce an inferior product will become vulnerable or disappear, adding
considerable value to companies like Green Hygienics that efficiently innovate
and operate. Securing the 824-acre Potrero Ranch property, which includes
abundant water and over 400,000 square feet of outbuildings, will allow GRYN to
achieve multiple harvests of high-quality industrial hemp and accelerate its
market position.
“We have been working at the property under a lease
agreement for the last three months purchasing equipment and preparing to begin
cultivation immediately,” Loudoun stated in a news release. “The combination of
the greenhouse space and acreage will create the capability to produce
significant revenues for Green Hygienics.”
By controlling its own supply chain, Green Hygienics can
also leverage strategic advantages in the marketplace, such as the ability to
deliver a “best in class” product on a consistent basis. The company strives to
constantly develop innovations in industrial hemp for CBD cultivation and to
create solutions that lower costs, deliver higher yields and address the
challenges of large-scale production.
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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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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