$GRYN .7449 +8.11% Green Hygienics Holdings Inc. A
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Posted On: 03/27/2020 11:04:17 AM
$GRYN .7449 +8.11% Green Hygienics Holdings Inc. Announces Strategic Partnership & Investment from TRITON FUNDS
SAN DIEGO, Jan. 14, 2020 (GLOBE NEWSWIRE) -- via NetworkWire -- Green Hygienics Holdings Inc. (OTCQB: GRYN) (“GRYN” or the “Company”), an innovative premium cannabis cultivation and branding enterprise, is pleased to announce that it has secured an investment from La Jolla, California-based investment firm TRITON FUNDS (“TRITON”).
“We are excited to work with TRITON and its team of vested students, alumni, scientific advisors and industry advisors,” GRYN CEO Ron Loudoun stated. “Additionally, TRITON has an extensive investor network, and we anticipate these assets will help bring more awareness to the Company while potentially opening some new relationships for business development.”
TRITON will assume an advisory board role with GRYN and purchase a promissory note in the principal amount of up to $750,000, which is convertible into common shares at a conversion price of $2.50 per share, and a warrant to purchase up to 250,000 common shares at an exercise price of $3.00 per share. The note and the warrant are subject to vesting conditions in accordance with the terms of the transaction documents.
Additionally, GRYN announces its new corporate website URL, http://www.GreenHygienics.com
SAN DIEGO, Jan. 14, 2020 (GLOBE NEWSWIRE) -- via NetworkWire -- Green Hygienics Holdings Inc. (OTCQB: GRYN) (“GRYN” or the “Company”), an innovative premium cannabis cultivation and branding enterprise, is pleased to announce that it has secured an investment from La Jolla, California-based investment firm TRITON FUNDS (“TRITON”).
“We are excited to work with TRITON and its team of vested students, alumni, scientific advisors and industry advisors,” GRYN CEO Ron Loudoun stated. “Additionally, TRITON has an extensive investor network, and we anticipate these assets will help bring more awareness to the Company while potentially opening some new relationships for business development.”
TRITON will assume an advisory board role with GRYN and purchase a promissory note in the principal amount of up to $750,000, which is convertible into common shares at a conversion price of $2.50 per share, and a warrant to purchase up to 250,000 common shares at an exercise price of $3.00 per share. The note and the warrant are subject to vesting conditions in accordance with the terms of the transaction documents.
Additionally, GRYN announces its new corporate website URL, http://www.GreenHygienics.com
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1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
2️⃣All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
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4️⃣Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.
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