Business
With Quarterly Financials Current, Company Moves Forward With Potential Partnership and Acquisition Opportunities
With Quarterly Financials Current, Company Moves Forward With Potential Partnership and Acquisition Opportunities.
About this update from Greengro Technologies, Inc.
[{"type":"text","content":"ANAHEIM, CA / ACCESSWIRE / October 13, 2020 / GreenGro Technologies, Inc. (OTC PINK:GRNH), an established provider of eco-friendly green technologies for the cannabis industry, announced today that the Company's Updated Financials have been posted to OTCMarkets.com.In March, James Haas, COO of the Company contracted a serious bout of Coronavirus, battled for 3 months, and has recovered fully. Consequently, the Company's financials were submitted late, but corporate advancements have continued.Management has been focused on the accelerated completion of the Genobreeding Seed Genetics program. Full scale operations have recommenced, and forthcoming announcements regarding progress are expected. With the marijuana markets in California, near doubling since the start of the Coronavirus pandemic, the Company's salesforce thru Cannabis Ventures Inc. is also expanding. In pursuit of building the Company's footprint in the overall industry, the CBD Ventures industrial hemp farm is moving from the current 2.5 acre location to a larger property. Details will follow."We are exceedingly delighted to be back on track. With the legislative and overwhelming Marijuana market response to the pandemic, we believe that resulting momentum will yield an increased demand that will put us in a better position than we would have imagined it could. We want to thank our investors for their continued support, and look forward with great anticipation to the continually developing landscape right ahead." said James Haas , Chief Operating Officer of GreenGro Technologies, Inc.The CBD Ventures and Genobreeding Divisions continue moving forward on the propagation of feminized low-THC, high-CBD hemp seeds. Distinctly bred to stand out in quality, these proprietary top-quality hemp seeds from the vital genetic structure being exclusively developed for full-scale production in the Company's unique and proprietary greenhouses.According to a recent CNBC report, "…U.S. cannabis CEOs say the chances for federal marijuana legalization will dramatically increase in the wake of the coronavirus pandemic, after several states declared dispensaries essential businesses, allowing them to remain open during stay-at-home orders aimed at halting the spread of the virus. The report highlighted that "According to Cowen estimates, the...