Green Hygienics Holdings (OTCQB: GRYN), an innovative, premium-cannabis cultivation and branding enterprise, recently announced the appointment of three professionals to its management team and advisory board. Per the news release, the company named Kyle MacKinnon as Chief Operating Officer, Todd Mueller as Chief Financial Officer, and David Racz as a new member of the company’s advisory board. The appointments will play a key role in supporting the company’s strategy to improve its position as a leader in the North American hemp industry. “Quality people build a quality company and our business model includes ensuring our team is vested. Each of the professionals introduced in this and the preceding announcements add real value to GRYN’s growth strategy. This is only the beginning of the industrial hemp industry and are pleased to welcome these gentlemen as we compete in this incredible market,” GRYN CEO Ron Loudoun stated in the news release. “After just several months of very hard work and capital investment in the Company’s first property, the appraisal came in at a valuation of $18M. We are in discussions with lenders for a refinancing on the farm as well as a new financing to close on the acquisition of the office and warehouse building in Poway. There will be two valued properties on our balance sheet; the first to conduct cultivation and processing, and the second to execute manufacturing and distribution from. In addition to this, we believe once we demonstrate the ability to deliver significant cash flow in 2020, the Company will be in position to go to the next level.”
To view the full press release, visit http://cnw.fm/pC0Gl
About Green Hygienics Holdings Inc.
Green Hygienics Holdings is an innovative, full-scope, science-driven, premium-hemp branding enterprise focused on the cultivation and processing of industrial hemp for cannabidiol (“CBD”). The 2018 U.S. farm bill removed hemp from Schedule I controlled substances (defined as cannabis with less than 0.3% THC), making it an ordinary agricultural commodity. GRYN’s mission is to grow the company in a sustainable and profitable manner to be one of the largest industrial hemp-for-CBD producers in North America. The company will adhere to the highest standards of operations in consistently delivering safe and premium-quality products to consumers. GRYN intends to be a leader in FDA cGMP (Current Good Manufacturing Practice) capabilities in the hemp and CBD marketplace. The company’s business model includes generating revenues from the sale of hemp and premium-grade CBD products, creating trusted global consumer brands, developing valuable IP and growing the company rapidly through strategic acquisitions. For more information, visit the company’s website at www.GreenHygienics.com.
About CannabisNewsWire
CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.cannabisnewswire.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer
Do you have a questions or are you interested in working with CNW? Ask our Editor
CannabisNewsWire (CNW)
Denver, Colorado
www.cannabisnewswire.com
303.498.7722 Office
Editor@CannabisNewsWire.com
CannabisNewsWire is part of the InvestorBrandNetwork.
