Business
Greengro Technologies Forms CBDVentures, a New Business Division Created to Enter Retail Marketplace With Innovative Consumable CBD Merchandise
Greengro Technologies Forms CBDVentures, a New Business Division Created to Enter Retail Marketplace With Innovative Consumable CBD Merchandise.
About this update from Greengro Technologies, Inc.
[{"type":"text","content":"\n \n \n Greengro Technologies Forms CBDVentures, a New Business Division Created to Enter Retail Marketplace With Innovative Consumable CBD Merchandise\n \n \nGreengro Technologies Forms CBDVentures, a New Business Division Created to Enter Retail Marketplace With Innovative Consumable CBD Merchandise\n\nAs Development Concludes, Company Strategizes for a Strong 4th Quarter Product Release of Exclusive Hemp-Infused German Beer, CBD Energy Beverage Line, and CBD Thin Strips\n\n \n ANAHEIM, CA--(Marketwired - Jul 12, 2016) - Greengro Technologies, Inc. (OTC PINK: GRNH) a world-class provider of eco-friendly green technologies, is pleased to announce that the Company has formed a new business division to operate as the Company's CBD retail branch, another revenue generating sector created to bring state-of-the-art Cannabinoid derived products to the industry. \n CBDVentures has finalized product development and prepares to conclude manufacturing of its first line of exclusive CBD products to hit the retail market. This new merchandise line consists of a distinctly formulated hemp-infused German beer, a full select line of Cannabidiol (CBD) energy nectar drinks, and oral thin-strips.\n The Company's selection of Hemp-Refined German Beer was formulated by its German strategic partner CannaBrands AG, an Austrian based private equity company listed on the Berlin Stock Exchange. It was recently released by CannaBrands AG overseas and made its debut at a Cannabis trade fair, where it was highly praised for its design and exceptional taste. Exceeding expectation, CannaBrands AG's entire inventory was sold out within two days.\n Greengro's select CBD Energy Nectar Beverage line, enhanced with hemp, guarana, ginseng, and a sweet savor of German authenticity, gives the common consumer just the blast of fruit flavor and energy combination they are craving. \n Also being brought to market under the terms of an exclusive licensing agreement, is a selection of flavored CBD oral thin-strips. These thin-strips will target a large segment of the market that is adverse to the stigma of smoke-related CBD delivery mechanisms. \n The Company plans to release its new exclusive line of CBD products into the marketplace by the 4th quarter of 2016. \n \"This is a very exciting milestone for us. Our entrance into the retail segment is an outstanding additi...