NetworkNewsBreaks – Green Hygienics Holdings Inc
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Posted On: 03/16/2021 5:47:37 PM
NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Announces Closing of Castillo Assets Acquisition
Green Hygienics Holdings (OTCQB: GRYN) today announced that it has closed the acquisition of certain assets of Castillo Seed LLC. (“Castillo”), a pioneering hemp seed company with an extensive library of proven genetics backed by years of research and development efforts. According to the update, the assets include seed inventories, thousands of stock plants, an established genetics portfolio, and greenhouse and seed production equipment. “We saw an opportunity to fast-track our genetics program by procuring a developed genetics portfolio, which will not only save 3-5 years of R&D work but also allow the company to propagate proprietary USDA Certified Organic seeds as soon as July of this year. USDA stamped seeds are a rare find and it just reaffirms our goal to becoming one of the most highly certified hemp companies on the planet,” said Kyle MacKinnon, COO of Green Hygienics Holdings. “Last year in 2020, we showed our ability to cultivate premium hemp and last week the company acquired Primordia, which included 10,000 acres of legacy farming relationships and a multitude of other beneficial assets, including bulk wholesale finished product inventory. We are now entering a phase of rapid growth through acquisitions and continue to grow our own secure supply chain.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Green Hygienics Holdings (OTCQB: GRYN) today announced that it has closed the acquisition of certain assets of Castillo Seed LLC. (“Castillo”), a pioneering hemp seed company with an extensive library of proven genetics backed by years of research and development efforts. According to the update, the assets include seed inventories, thousands of stock plants, an established genetics portfolio, and greenhouse and seed production equipment. “We saw an opportunity to fast-track our genetics program by procuring a developed genetics portfolio, which will not only save 3-5 years of R&D work but also allow the company to propagate proprietary USDA Certified Organic seeds as soon as July of this year. USDA stamped seeds are a rare find and it just reaffirms our goal to becoming one of the most highly certified hemp companies on the planet,” said Kyle MacKinnon, COO of Green Hygienics Holdings. “Last year in 2020, we showed our ability to cultivate premium hemp and last week the company acquired Primordia, which included 10,000 acres of legacy farming relationships and a multitude of other beneficial assets, including bulk wholesale finished product inventory. We are now entering a phase of rapid growth through acquisitions and continue to grow our own secure supply chain.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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