SOURCE: Greengro Technologies Inc.

June 17, 2015 08:00 ET

Greengro Technologies Focuses on Developing Cannabis Business Solutions With Native American Tribal Nations

ANAHEIM, CA--(Marketwired - Jun 17, 2015) - Greengro Technologies (OTC PINK: GRNH), announces plans to strategically work and develop management agreements with Native American Tribes to collaborate and develop Cannabis operations to help manage cultivation, dispensing and providing new technology applications on regions considered harsh environment to provide success with agricultural science systems.

Greengro Technologies CEO Mr. Haas stated, "Greengro is uniquely positioned to capitalize on this exciting market and is confident that business with Native American Tribal Nations will make a positive difference in Greengro's 2015 revenues. Many of these tribes are located in places where water is scarce. We have a strong market leadership position in advanced grow and processing systems and when combined with our recently announced energy efficient solar, back-up power, and reclaimable water solutions, we believe we have the solution these customers are looking for in this new tribal business enterprise."

Currently, there are numerous Native American Tribal Nations in the US, some of which are reviewing the new business opportunity of profiting from growing and selling marijuana on Tribal Land. GRNH is aware of multiple projects currently in progress in California alone. The Department of Justice released a memo in December 2014 (The Wilkinson Memorandum) which advised US attorneys to apply the Cole Memo enforcement priorities to ensure tribal nations regulate cannabis operations in a manner consistent with federal objectives. Indian tribes are considered entities that are different from foreign countries and the 50 states. Therefore the tribes will have to pass their own cannabis laws which will be internally enforced. The Tribes will need to mandate strict guidelines for this new cannabis business consideration.

According to Mr. Haas, "Greengro is uniquely positioned to capitalize on this exciting market and is confident that business opportunities with Native American Tribal Nations will not only make a positive difference by entering the cannabis business, but a successful consideration with Greengo's assistance. Greengro will provide the knowledge, skills and compliance to help the tribes. This collaboration will be mutually benefit the tribes and Greengro's 2015 revenues. We intend to work with the forward-thinking Native American Tribal Nations to make history and forge this market into its full potential."

Greengro was recently featured on Forbes list of "hottest marijuana companies" and continues to gain momentum. For more information visit http://www.forbes.com/sites/caroltice/2014/11/14/meet-the-8-hottest-publicly-traded-marijuana-companies/2/.

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
    Email Contact