NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN)

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NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Aims to Make the Most of Recent Legislative Changes

Full-scope, premium cannabis company Green Hygienics Holdings (OTCQB: GRYN) is poised to benefit from recent legislative changes in San Diego that could help it expand to the region, despite increased competition over cultivation land. GRYN plans to introduce its brands to the San Diego market first, before moving on to the rest of the United States and then internationally. A recent article discussing the company reads, “The approvals in San Diego are a part of a larger, nationwide initiative aimed at supporting recreational cannabis sales. The attempt was first made legal in California about two years ago, when the state approved Proposition 64. At this time, California became the fifth state to legalize recreational marijuana use, and, since then, a few others have followed in its footsteps. . . . The San Diego developments are indicative of a much broader adoption that’s taking place on a national scale. The 2018 Federal Farm Bill was passed by the U.S. Congress with strong bipartisan support on December 12, 2018 (http://nnw.fm/l0dH7). The $867 billion bill allocates significant subsidies to American farmers, and even more importantly, it legalizes hemp.

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