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The media coverage followed the Company’s announcement that it has entered into a joint venture with Art Cortez dba Acs American, Inc., to develop a 160-acre CBD and hemp farm in Washoe County, Nevada. With a plan to obtain a Nevada Industrial Hemp Grower, Handler and Seed Producer License by the third quarter of next year, the farm will serve multiple purposes and function as a multi-use research center.

Projects will include producing and maintaining hemp and CBD nurseries, performing geno testing, hemp extractions, developing grow seeds, the construction of site facilities for labs and testing, and more. With such a property and all its low-THC, high-CBD hemp seeds to be provided by GreenGro Technologies’ recently secured Southern California farm, the breadth of possibilities in Washoe County is considerable. The joint venture’s ownership structure will be split 66% for CBD Ventures and 34% Art Cortez.

To be added to the Company’s investor or media lists, please contact Bill Miller at 844-565-5665 or via email at bmiller@irpartnersinc.com.

For more information about GreenGro Technologies and its solutions, visit www.greengrotech.com.

About GreenGro Technologies

GreenGro Technologies (OTC :GRNH) is a vertically-integrated provider of eco-friendly state-of-the-art technological solutions to the cannabis industry.  The Company is a trusted partner to the cultivation, extraction, production and retail aspects of the cannabis market through a combination of three operating divisions that encompass extraction, CBD production and Genobreeding development.  Each division is able to leverage the strengths of the other, creating a synergistic, efficient and highly profitable business model.  Additional details can be found by visiting the Company’s website at www.greengrotech.com.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company’s best judgment based upon current information and involve several risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company’s public announcements.

“Our recently implemented strategic initiatives should enable us to emerge as one of the most modern, dynamic and effective cannabis business models focused on one primary goal — the building of shareholder value,” said Matthew Burden, Chief Executive Officer of GreenGro Technologies, Inc.  “We have successfully restructured the company into three complementary business divisions – – CBD Ventures, Cannabis Ventures and Genobreeding with each division expected to contribute positively to our earnings growth looking ahead.  I am looking forward to discussing the significance of these revenue drivers next week and how they should enable us to emerge financially healthier and operationally stronger than ever in our history,” concluded Mr. Burden.

To listen to the live interview of “CEO MONEY,” please visit www.wfn1.com/listen-live.

For more information about GreenGro Technologies and its solutions, visit www.greengrotech.com.

About WFN1

WFN1 discovers new and interesting companies and industries with great stories that are interesting and potentially rewarding to the investors.  The interviews with business leaders are designed to improve the public awareness of the innovative companies and their productive ideas.

For more info. on WFN1, please visit www.wfn1.com.

About GreenGro Technologies

GreenGro Technologies (OTC: GRNH) is a vertically-integrated provider of eco-friendly state-of-the-art technological solutions to the cannabis industry.  The Company is a trusted partner to the cultivation, extraction, production and retail aspects of the cannabis market through a combination of three operating divisions that encompass extraction, CBD production and Genobreeding development.  Each division is able to leverage the strengths of the other, creating a synergistic, efficient and highly profitable business model.  Additional details can be found by visiting the Company’s website at www.greengrotech.com.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company’s best judgment based upon current information and involve several risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company’s public announcements.

Matthew Burden

matt@greengrotech.com

“The revenues that will be generated by our launch into the sale of hemp seeds should enable us to continue to improve all of the other divisions that today form GreenGro Technologies,” said Matthew Burden, Chief Executive Officer of GreenGro Technologies, Inc. “We expect the sale of those seeds during to have a significant positive impact on both our revenue and bottom line since the costs associated with producing hemp seeds are expected to be significantly less than the revenue that the sale of the seeds will generate. This latest initiative is just one of many examples of why and how GreenGro is positioned to accelerate its revenue and earnings growth at the fastest pace in its history going forward,” concluded Mr. Burden.

The CBD hemp seed market is a large and rapidly growing segment of the cannabis industry which is being driven by consumer demand for healthier and more nutritious ingredients, which can be found in plentiful amounts in CBD hemp seeds. The Company’s hemp seeds are expected to have a number of significant competitive advantages since its Genobreeding Division will provide the key stable genetics for the seeds which will also be grown in the Company’s unique and proprietary greenhouses. In doing so, the Company will ensure its vertically integrated process will yield the most amount of hemp seeds while maintaining one of the leanest cost structures possible to ensure immediate profitability.

GreenGro’s management team believes the recent passage of the 2018 US Farm Bill, which removed federal prohibitions on the cultivation and sale of industrial hemp in the US, subject to compliance with applicable regulations, is a very positive development for the market and its shareholders. Industry research organizations have been projecting substantial growth in the hemp-derived cannabinoid market over the next several years. One such organization, the Brightfield Group, published an article in September 2018 projecting the industrial hemp-derived CBD market could increase to over $22 billion in less than three years.

“Our CBD Ventures and Genobreeding Divisions are launching into the cannabinoid-rich industrial hemp space in its infancy, with tremendous growth potential lying ahead as well as an opportunity to capture first mover advantage,” said Matthew Burden, Chief Executive Officer of GreenGro Technologies, Inc. “Our expertise in the cannabis industry, access to superior genetics together with the strength of our history as one of the premier manufacturers of legendary greenhouses well-positions us to rapidly establish and grow our presence across the CBD-hemp seed sector of the cannabis industry.

Based on the Company’s extensive experience in developing greenhouses, the Company estimates the its four-acre operation could contribute at least $2 million to its current Fiscal 2019 bottom line in its first full year of operation. The seed is empirically proven to produce low-THC (< 0.003% concentration) and high-CBD (12% – 22% concentration) flower biomass. The current wholesale value for such seed is estimated to range from $15,000 to $30,000 per pound. The Company expects its hemp seed project to be fully operational by the end of the third quarter with expectations of initial revenues to be generated as early as the fourth quarter of this fiscal year.

To be added to the Company’s investor or media lists, please contact Bill Miller at 844-565-5665 or via email at bmiller@irpartnersinc.com.

For additional information regarding GreenGro Technologies please visit GreenGro Technologies, Inc. at www.greengrotech.com.

About GreenGro Technologies, Inc.

GreenGro Technologies, Inc. (GRNH) is a vertically-integrated provider of eco-friendly state-of-the-art technological solutions to the cannabis industry. The Company is a trusted partner to the cultivation, extraction, production and retail aspects of the cannabis market through a combination of three operating divisions that encompass extraction, CBD Ventures, Cannabis Ventures, and Genobreeding. Each division is able to leverage the strengths of the other, creating a synergistic, efficient and highly profitable business model. Additional details can be found by visiting the Company’s website at www.greengrotech.com.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company’s best judgment based upon current information and involve several risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company’s public announcements.

Matthew Burden

matt@greengrotech.com

“Today’s announcement is testament of the industry’s continued acceptance of our state-of-the-art greenhouse technologies which enable cannabis growers to maximize their plant yields,” said James Haas, Chairman and Chief Executive Officer of GreenGro Technologies Inc.  “The anticipated revenues to be generated from these multi-year contracts will ideally strengthen our balance sheet and provide us with the financial flexibility to accelerate our growth strategy in the months and years ahead.”

With these newly announced cultivation support and service contracts, the Company anticipates putting itself in the position to create a growing earnings stream in its first year through the ramping-up and completing required renovations of the client Greenhouses. Once the Greenhouses are at full capacity, earnings from just the cultivation contracts should be on course to grow significantly throughout the contracts.  GRNH’s new nursery contracts are anticipated to also contribute to its earnings growth when it begins delivering on its genomics production for both the existing cultivations and the ability to introduce these genomics to other licensed cultivation distribution networks.

“The cannabis business is complex with nuances and demands that range from compliance and regulations, to training, licensing and other needs,” added Mr. Haas. “We consider ourselves among the top resources in the industry for our technology, service, support and expertise and are excited to solidify that reputation,” concluded Mr. Haas.

For more information about GreenGro Technologies and its solutions, check out our facebook @ https://www.facebook.com/GreengroTechnologiesInc/

About GreenGro Technologies

GreenGro Technologies (OTC: GRNH) is a vertically-integrated provider of eco-friendly state-of-the-art technological solutions to the cannabis industry.  The Company considers itself to be a trusted partner to the cultivation, production and retail aspects of the cannabis market through a combination of three operating divisions that encompass Cannabis, CBD production and Genomic development.  Each division is able to leverage the strengths of the other, creating a synergistic, efficient and highly profitable business model.

Additional details can be found by visiting the Company’s website at:
www.greengrotech.com  www.cannabisventuresinc.com  www.cbdventures.com  www.genobreeding.com

The Company is proud to partner with innovators and educators, to engage in revolutionary clinical research, to further the understanding of the capabilities and applications of cannabis, to engage in market research and IP development, and to evolve GreenGro Tech’s capabilities and partnerships as the market further develops and expands.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company’s best judgment based upon current information and involve several risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company’s public announcements.

GreenGro Technologies, Inc.
James M Haas  CEO
info@greengrotech.com
(714)367-6538