SOURCE: GreenGro Technologies, Inc.

March 13, 2014 08:00 ET

Greengro Technologies Acquires Proprietary Vape Technology

The New Technology to Address Medicinal and Recreational Markets

LOS ANGELES, CA--(Marketwired - Mar 13, 2014) - Greengro Technologies (PINKSHEETS: GRNH) announced today that it has acquired a provisional-patent-pending technology for an efficient medical electronic vaporizer for Cannbidiol (CBD), Cannabis and herbal medicine delivery system. Greensticks, Inc. has been formed to serve as the distribution and development arms of the technology and is wholly owned by Greengro Technologies.

The product line paves the way for the company's move towards sales into licensed dispensaries. This product launch will also be supported by a national advertising campaign by one of the largest industry trade publications, High Times Magazine. Greensticks initial product launch will feature the benefits for the refined extras of CBD. Indica and Sativa medicinal properties will also be highlighted with this technology. Additionally, natural herbal remedies that are universally used to treat relaxation, energy, sexual enhancement and hangovers will be launched.

The acquired intellectual property encompasses the proprietary extraction process that synthesizes herbs for use in a personal vaporizer device. The liquefied, active ingredients from the herbs are injected into cartridges and vaporized using technology already proven in the electronic vaporizor industry. This convenient delivery system for herbal remedies and medicine is incredibly efficient, delivering desired results in minutes, at much higher concentration levels than is traditional for herbal medicines that have been used around the globe for centuries.

"We will introduce this new product line to address both the medical marijuana and herbal remedy markets beginning in April of 2014. Based on our early test results, we are entirely optimistic that this product line will find traction in both markets in the near term," states James Haas, CEO, Greengro Tech, Inc.

For more information about Greensticks visit: http://www.getgreensticks.com

About Greensticks, Inc.

Greensticks, Inc., is a proprietary electronic vaporizer delivery system designed to look like an electronic cigarette. The cartridges are filled with 100% organic liquefied flowers and pharmaceutical grade glycol as found in asthma inhalers. Greensticks are perfect for the patient on the go who needs to medicate and be able to function. The patient is in complete control of their dosages and will receive consistent effects. The cartridges are available in Indica, Sativa and the rare CBD.

About Greengro Technologies

Greengro Technologies (PINKSHEETS: GRNH) is a world class provider of eco-friendly green technologies with specific domain expertise in indoor and outdoor agricultural science systems serving both the consumer and commercial farming markets. It brings together community and commerce through the growth and distribution of healthy, nutritious foods and vital medicines backed by science and technology. Customers include restaurants, community gardens, small and large scale commercial clients. Greengro Technologies also provides design, construction and maintenance services to large grow and cultivation operations and collectives in the medical and recreational marijuana sectors.

http://www.greengrotech.com

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