- Senroy’s
expertise includes: GXP Regulatory Compliance, Mock Inspection, Sarbanes
Oxley, Auditing and PAI Readiness, SOP Management, Training Management,
Quality Management Systems, Metrics and Reporting, Systems Development
Lifecycle and IT.
- As a
seasoned business executive with an MBA from Pepperdine University,
Senroy’s special expertise centers on helping companies pass compliance
assessments, develop robust quality systems and prepare for U.S. Food and
Drug Administration (FDA) reviews and inspections.
- Organizations
in the hemp and cannabis space are facing increased regulation in all
aspects of business and new appointment will help the company adhere to
the highest standard of operations in delivering safe and premium products
- Compliance
is becoming increasingly important as the industry grows and matures
- Global
industrial hemp market to exceed $270 million, hemp seed market from food
and beverage applications to grow by over 5% by 2025
Green
Hygienics Holdings Inc. (OTCQB: GRYN) is looking ahead of potential
upcoming requirements for more industry regulation for public safety with the
appointment of a new Head of Quality and Compliance. The premium cannabis
cultivation and branding enterprise has appointed seasoned business executive
Sid Senroy, MBA, to the position, with the goal of guiding the company’s
efforts to form cross-functional alliances for growth and improvement and of
leveraging existing expertise, increased productivity levels, compliance and
efficiencies.
“This will directly support the Company to achieve its
stated objectives to adhere to the highest standards of operations in
consistently delivering safe and premium quality products to consumers and that
the Company intends to be a leader in FDA cGMP (Current Good Manufacturing
Practice) capabilities in the hemp and CBD marketplace,” Green Hygienics
Holdings CEO Ron Loudoun stated in a news release (http://ibn.fm/TZddb).
Senroy has successfully led several global Quality and
Compliance business units as senior consultant or executive over the past 20
years, leading to the approval of key blockbuster drugs with total sales
exceeding $30 billion annually over the last decade.
His appointment comes in the context of an increasingly
critical need for compliance in the cannabis industry at this time, as the
market continues to expand. Hemp cultivation is subjected to growing compliance
requirements as well, as a result of the 2018 Farm Bill which delisted hemp as
a Schedule 1 substance and legalized cultivation for plants that have less than
0.3 percent tetrahydrocannabinol.
Compliance requirements relate to public safety as well as
the quality of the product and the operations surrounding it. Companies in the
industry need to prioritize compliance in all aspects of their business, from
obtaining a license to daily operations, quality assurance checks, distribution
and commercialization plans and more. Proper compliance strategies need to be
implemented by every organization in the industry if they want to remain in
business, avoid disruption of operations and heavy fines, and become an
attractive option for potential customers and investors.
Green Hygienics aims to generate higher yields and
higher-quality products on a consistent basis so as to stay compliant
throughout meticulous testing. Its operations are based on a secure,
premium-quality supply chain. Recently, Green Hygienics acquired Potrero Ranch,
which is the largest farm of its kind in North America, with 824 acres for
outdoor cultivation plus over 400,000 square feet of greenhouse and outbuilding
space to be used for greenhouse cultivation (http://ibn.fm/8DJfu). As a result, Green Hygienics’s
cultivation capability far exceeds that of the average-size hemp farm in North
America, which stalls at around 9 acres. Pending final certification, the
company will move to deliver 100% safe, organically grown, premium-quality CBD
products to the market.
There is no end to hemp market growth in sight. The global
industrial hemp market is projected to exceed $270 million by 2025, and the
global industrial hemp seeds market from food and beverage applications will
grow by more than 5% by that same year, according to Global Market Insights
research. This growth will be largely driven by increasing consumer demand for
CBD oil and CBD oil-based products (http://ibn.fm/J80CM).
Green Hygienics is a full-scope, premium cannabis
cultivation company targeting the high-end medical and adult-use recreational
cannabis market. With more than 25 years of experience in agricultural science
and innovation, Green Hygienics is establishing itself as a leader in the
advancement of science-driven cannabis cultivation systems. The company will
grow by generating revenues from the sales of premium grade cannabis products,
developing and licensing valuable IP, making strategic acquisitions, and
creating trusted global consumer brands.
The company’s long-term objectives include expanding its
portfolio of brands throughout the U.S. and then globally and growing in size
and revenue by developing a large cultivation and extraction center in Canada,
where the legislation supports global distribution.
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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