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GreenGro Technologies Outlines Path Towards Significant Financial Gains And Profitability In Special Letter To Shareholders
GreenGro Technologies Outlines Path Towards Significant Financial Gains And Profitability In Special Letter To Shareholders.
About this update from Greengro Technologies, Inc.
[{"type":"text","content":"\n\n\n\nGreenGro Technologies Outlines Path Towards Significant Financial Gains And Profitability In Special Letter To Shareholders\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nGreenGro Technologies Outlines Path Towards Significant Financial Gains And Profitability In Special Letter To Shareholders\nPR Newswire\nANAHEIM, Calif., March 11, 2021\n\n\n\nANAHEIM, Calif., March 11, 2021 /PRNewswire/ -- GreenGro Technologies, Inc. (OTC: GRNH), an established provider of eco-friendly green technologies for the industrial hemp and cannabis industries, today issued a Special Letter to Shareholders in which it announced it expects to achieve significant financial gains and profitability in the current fiscal year based on the benefits of last year's restructuring plan followed by this year's new business plan and growth strategy. Text of the Special Letter to Shareholders is as follows:\n\"Dear Fellow Shareholder,\nWhile 2020 will be remembered as the year of the COVID-19 pandemic, with the closure of companies and countries completely paralyzed, GreenGro Technologies (OTC: GRNH) was able to capitalize on this period by successfully restructuring our business model into three separate divisions as well as the introduction of a licensing model that is expected to contribute a consistent and sustainable stream of high-margin revenues into the foreseeable future.  The strategic investments we made last year, key management appointments and favorable economic and legislative climate with a new pro-cannabis administration should enable us to achieve a significant ramp-up in revenues and positive earnings, as early as this year.\nGreenGro to License its Technology and Expertise to the Hemp and Cannabis Industries\nOne of the most important developments at GreenGro in 2021 has been our ability to create an entirely new revenue channel based on a licensing strategy, a first for us since our formation.  We recently launched our 420 Rescue™ brand, a unique and proprietary services offering that is designed to help save hemp and cannabis farms across the United ...