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GreenGro Technologies Inc., Receives Commitment from Ohio Medicinal Gardens LLC., to Purchase 25,000 sq. ft. Fully Automated - Vertical Hydroponic Medical Marijuana Production Facility
GreenGro Technologies Inc., Receives Commitment from Ohio Medicinal Gardens LLC., to Purchase 25,000 sq. ft. Fully Automated - Vertical Hydroponic Medical Marijuana Production Facility.
About this update from Greengro Technologies, Inc.
[{"type":"text","content":"\n\n AKRON, Ohio, Aug. 16, 2017 (GLOBE NEWSWIRE) -- Biodynamics, a subsidiary of GreenGro Technologies Inc. (OTC:GRNH), today announced that it has received a commitment from Ohio Medicinal Gardens LLC (OMG), based out of Akron, Ohio, to build a state of the art Level-I 25,000 square foot medical marijuana facility. “I am 100% behind the system, it is the best we have seen,” said Joseph Scaccio, CEO of Ohio Medicinal Gardens.\n The facility will be equipped with three tiers of fully automated recirculating vertical hydroponic production, and will be powered by a combined chilling heat a power (CCHP) positive pressure HVAC system to improve energy efficiency and sustainability. With medicinal cannabis, recently being legalized in the State of Ohio, applications are being submitted and accepted for cultivation facilities in record numbers. OMG and GreenGro Technologies successfully submitted the application to the State by the June 30, 2017 deadline and is currently waiting for approval, which could be received as early as November 2017. OMG was the first of seven facilities to be approved by Akron’s Planning Committee in early June, and on  Monday, July 31st,, Akron’s City Council approved OMG Conditional Use Permit (CUP) for the facility’s location.  “Biodynamics was founded in Akron, Ohio, and we are excited to have the opportunity to build one of the most advanced medical marijuana cultivation facilities in the country, right here in our home town,” said Trisha Madden, CEO of Biodynamics. GreenGro Technologies (OTC:GRNH), parent company of Biodynamics, is excited to be a part of The State of Ohio’s Medical Marijuana Industry as it continues its expansion across in the US. Ohio is accepting twelve Level-I facilities and twelve Level-II facilities. According to the Marijuana Business Daily, Ohio should generate an estimate of $200 million - $400 million in annual retail sales. OMG has also committed to working with GenoBreeding, Inc. out of Anaheim, California to grow the highest quality, most effective medicinal strains in the U.S. in order to distribute them to the emerging Ohio cannabis market. GenoBreeding is also developing a proprietary digital genetic database that will be used as an online cloud-based library of digitally sequenced genomes and phenotypic (chemical...