GreenGro Technologies Inc (GRNH)

[DarekSM]

Greengro Technologies Inc (OTCMKTS:GRNH) Completes Buildout Of Igot420 Marijuana Dispensary
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Greengro Technologies Inc (OTCMKTS:GRNH) has completed the buildout of its igot420-branded marijuana dispensary and cultivation facility, located in California, on-time, within the set budget and in advance of its anticipated grand opening, planned for mid-October 2017.

The grand inauguration of the firm’s flagship igot420 dispensary will represent a new revenue stream for the firm comprising of leases and management contracts. More details of the new igot420 dispensary will be revealed by its new tenants, the operators and owners of the igot420 brand, over the upcoming weeks.

The details
James Haas, the CEO and Chairman of Greengro Technologies, expressed that the completion of their igot420-branded marijuana dispensary and cultivation showcases one of the greatest achievements in the firm’s history. Not only are they about to release one of the largest dispensaries across Los Angeles, at almost 14,000 square feet but, more significantly, it will showcase one of the most profitable and efficient dispensaries in the market following utilization latest indoor grow systems.

It is this same mechanism that serves as Greengro’s major competitive benefit as it allows company’s strategic partners and tenants to produce crops with better yields, top quality cannabis and, thus increased profitability of 50% at the store level.

Haas added that he is delighted to witness that Greengro is running strong on distinct cylinders. The preliminary success they are already witnessing from their association with their igot420 brand together with their emergence as one of the major players in the cloning and branding of cannabis has opened the course for accelerated financial growth in the imminent quarters, all of which of course is intended to increase shareholder value.

The firm stated that it has already started the initial construction stage of its second igot420-branded dispensary based in Cathedral City. Its proximity to company’s North Hollywood flagship outlet is a reflection of management’s initiatives to help strengthen and build its associates’ brand recognition in their separate markets.

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