Business
Greengro Technologies, Inc. Launches Cannabis Genetics Breeding Initiative
Greengro Technologies, Inc. Launches Cannabis Genetics Breeding Initiative.

About this update from Greengro Technologies, Inc.
[{"type":"text","content":"\n\n Creates New Division Called GenoBreeding to Improve Cannabis Strains\n ANAHEIM, Calif., Feb. 07, 2017 (GLOBE NEWSWIRE) -- Greengro Technologies, Inc. (OTC:GRNH), a world-class provider of eco-friendly green technologies, today launched a new internal company division called GenoBreeding that will direct a Greengro initiative to bring to the market cutting edge cannabis varieties through the application of modern plant breeding technologies. This initiative from Greengro is in keeping with the cannabis industry’s increasing reliance on genetics – heredity and the variation of inherited characteristic in plants – to help growers create better, more powerful and sometimes personalized commercial cannabis strains that share desirable inherited characteristics. “This initiative includes the use of conventional and modern plant breeding techniques to develop high quality cannabis varieties for medical use,” said Greengro CEO James Haas.    Greengro is working with a team of specialized plant scientists and geneticists to develop cannabis varieties that possess improved levels of key compositional traits (e.g., THC and CBD) by using innovative breeding technologies, according to Haas, who said that Greengro has had its cannabis genetics program in development for a number of years. Greengro’s GenoBreeding group is focused on developing breeding tools such as molecular markers to enable breeding decisions and processes to achieve top-tier plant performance in a sustainable manner. “Our collaboration through this initiative with leading scientists enables us to utilize proven crop breeding techniques in the indoor production of cannabis, while at the same time modernizing Greengro’s existing efforts to produce original products for California’s cannabis market,” said Haas, who indicated that the GenoBreeding division will eventually be spun off into its own company. “We’re developing market leading elite cannabis genetics with innovative breeding solutions,” explained Haas. Greengro’s GenoBreeding initiative combines elite cannabis genetics with state-of-the-art plant breeding methods to maximize yields and expression of desired traits.  Key elements in the breeding program include: Development of molecular markers for desired traits a...