SOURCE: Greengro Technologies Inc.

August 05, 2015 08:18 ET

Greengro Technologies Continues Momentum Toward Turnkey Systems Strategy

ANAHEIM, CA--(Marketwired - Aug 5, 2015) - Greengro Technologies (OTC PINK: GRNH) announced today that it is accelerating the company's strategy to be the market leader in turnkey systems for advanced agriculture, and the medical and recreational cannabis markets. Last week the company announced the first in a series of planned light deprivation greenhouse systems to be offered in various configurations and price points to address a broader market.

According to CEO James Haas, "Greengro is aggressively working with strategic partners to help us round out our offerings and establish regional franchise models for our products to sustain our company's future as the leader for advanced agriculture systems. We are making solid decisions in response to market demand for turnkey systems instead of piecemeal components that have shown disappointing results to many early adopters. Our current pipeline of clients demanding these new advanced, efficient turnkey systems is in the millions of dollars compared to our traditional sales of a few thousand dollars per system."

Greengro is already working with industry brokerage and consulting firms to bring in Greengro company expertise and solutions early in the cycle of facility design, build out and ongoing management operations. To support the explosive growth expected in the $300 Billion Cannabis industry, Greengro is in negotiations with nationwide outside sales firms to help its inside sales team design, quote and sell complete modular gro rooms, all new automated light deprivation greenhouse systems, and ongoing nutrient supply contracts.

Haas added, "Soon, we expect to offer leasing and financing options, as well as tailored crop and business insurance making us the first to offer the critical missing elements that currently prevent many clients from getting their business off the ground. We are confident that teaming with a national finance and insurance partner will bring many more customers and dramatically increase our long term market share and profitability in this market."

About Greengro Technologies

Greengro Technologies (OTC PINK: 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.

The company's websites www.greengrotech.com, www.bpgardens.com and www.verticalhydrogarden.com offer regular updates including educational videos, projects updates, recipes and nutritional information, and where to find the company's products.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.

Contact Information

  • Contact:
    Greengro Technologies, Inc.
    James Haas
    CEO
    714-367-6538