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Genco Corp (GNCC)

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Last Post: 12/12/2018 8:52:33 AM - Followers: 109 - Board type: Free - Posts Today: 3


This undated illustration by Bright Green Group of Companies, Inc. depicts Bright Green's $160 million planned construction on the Acoma Indian Reservation, encompassing 5.8 million square feet. The Acoma facility will include a 118-acre fully automated greenhouse, 900,000 square-foot manufacturing warehouse, 96,000 square-foot research building, and a 12-megawatt power generation facility (can power ~2,000 homes).
The Bright Green facility on the Acoma Indian Reservation will grow up to 40 million plants per year, which will result in production volume exceeding 1 billion grams/marketable units annually.
The facility will partner with New Mexico State University, the University of New Mexico and the University of Guelph in Canada, as well as the MJ Brown Research Center, a branch of the Bright Green Group specializing in research and development. The goal is to create a gold-standard facility that would be “recognized internationally”. In addition to the Acoma facility, is an existing 1 million sq. ft. high-tech Venlo greenhouse Bright Green owns in Grants, New Mexico, which the company is renovating for growing various herbals for the supplements market.

Contract with  world-renowned
 Dalsem to renovate: https://www.dalsem.com/en  

                                        Dalsem video:   https://www.youtube.com/watch?v=afs_V8JLUVk

Other parties involved: https://codema.nl/           http://www.vifraitaly.com/         http://logitecplus.com/

Bright Green also owns this 1 million sq. ft. high-tech Venlo greenhouse in Grants, New Mexico. This is "currently being renovated" for growing various herbals for the supplements market. Contract also with Dalsem.


Multiple trademarks filed:
Bright Green Pharmaceuticals is part of Bright Green Group -
"Bright Green Pharmaceuticals, Inc., a Delaware company, which is the Group's pharma, medical and marketing arm, will use the product in its novel, cannabinoid-based prescription and non-prescription pharmaceutical and nutraceutical product lines"


More than 500 gaming facilities owned by Native American Tribes will have the opportunity to distribute the company’s products, including a new line of beverages being developed. Bright Green is carefully designing its business operation and kiosk distribution system to be in full compliance with all Federal, State and Municipal laws.

Acoma Pueblo Gov. Kurt Riley, surrounded by members of Tribal Council and Acoma Business Enterprises, signing a business agreement with Bright Green Group. This marked the "official launch" of the collaborative effort between Acoma Pueblo and Bright Green.

Tribal Sovereignty

The Acoma are a federally recognized Indian tribe with a sovereign status that allows them to set and enforce their own laws, so they are no longer restricted to state laws and can operate the project under federal laws. Sovereignty protects the tribe from intrusion by the federal government. This has made it possible for tribes to enter into the cannabis industry on their own terms. Tribal sovereignty places the control over civil and criminal law, zoning, and other licensing activities into the hands of the tribe. That means that there is a lot more flexibility regarding cannabis laws within the tribe even if that isn’t the case in New Mexico. Because Acoma Pueblo is a tribe and protected by Tribal Sovereignty, the greenhouse facility it houses can technically surpass state limits if it decided to. However, the company is playing it safe by waiting “until cannabis is federally legal to fully engage with that side” of the medicinal herb market. The Acoma Pueblo added/unique benefit of being a sovereign nation, allows Bright Green Group to not fall under New Mexico's medical marijuana laws in terms of the number of cannabis plants it can grow. Bright Green doesn’t intend to seek a state license, since their operation would be on tribal land and subject only to tribal and federal laws. Under a 25-year agreement with Acoma Pueblo, Bright Green has vowed that whatever plants it grows and the oils it produces would adhere to federal regulations.


An alternate perspective to the overload of hopeful asipirations:

Currently, Bright Green is a private company and therefore they are keeping investors in the dark to any and all of their plans. A few posters on this board have taken pictures of the facility in Grants, New Mexico and it appears to have repairs underway. From the pictures, the size and scope of the current construction does not match the $200 million project they initially had described, nevertheless we can deduce that the plan is still active in some form from the pictures.

Bright Green Group does not have a working website (though they are a private company a $200 million dollar project should have some sort of propaganda out on it. Especially being the "largest" grow operation in the U.S.)

BGG has not updated investors to ANY of the financal aspects of this project, it was supposed to be funded by EB-5 Investment but there has been zero update on this. Judging by the lack of overall progess, something has gone awry. (One of the buildings was initially to be operational by end of 17' beginning of 18')

The entire project has been dark for years now, the only news clipping from 2018 below clearly states that the project will be the "largest Cannabis Grow Operation---IF FEDERAL PROHIBITION IS LIFTED"


The BGG/Acoma project is no longer listed on the Dalsem website. Even through the Dalsem search bar there is no trace of this project on their website.

Genco Details (https://nevadadb.com/company/C2206-1985/genco-corporation.html)


Oxford Corporation Details w/Matching Company ID and NV Business ID (https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=cSUCB%252bCmYRN1VZ5tjJ3pQQ%253d%253d)

exceeding expectations

Oxford Corporation Merge with Bright Green Inc / Lynn Stockwell (https://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=cSUCB%252bCmYRN1VZ5tjJ3pQQ%253d%253d&CorpName=OXFORD+CORPORATION)

eph                                                                                                                                                                                                                                                              3:20/21

Blessed beyond measure
Bright Green Inc / Lynn Stockwell DD:
Lynn Stockwell is the director of Bright Green Group of Companies Inc in New Mexico. (https://portal.sos.state.nm.us/BFS/online/CorporationBusinessSearch/OfficersOrDirectorsOrRAgentSearch

10/6/2016 The Bright Green development will cost more than $160 million and cover 5.8 million square feet

Bright Green Cannabis was 2nd in list of top 7 largest grow operations in the world. Just after Tweed Canopy Growth [$6 billion market cap]

2/27/2017 New Mexico tribe puts up land for $160M medicinal greenhouse
Plans call for Bright Green’s greenhouse and its associated research facility to eventually cover nearly 6 million square feet, or about 100 football fields. Officials at the Delaware-based company say they would have room for as many as 40 million medicinal plants, from marijuana to pennywort and Indian ginseng.

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#6078  Sticky Note Want an idea of how long it might Takeitorleaveit 11/12/18 05:22:18 PM
#1984  Sticky Note GNCC UPDATES COMING!! daiello 03/20/18 05:16:49 PM
#1673  Sticky Note GNCC Merger DD: HallaDurg 01/19/18 09:18:28 AM
#6292   These types of plays are heating up majorly. PepsiMan 12/12/18 08:52:33 AM
#6291   Great post! This Farm Bill passage scheduled to lukin4winners 12/12/18 08:42:08 AM
#6290   Farm Bill compromise allows nationwide hemp production for Bountiful_Harvest 12/12/18 02:02:56 AM
#6289   Legalizing heading to the president’s desk! daretodream 12/11/18 11:10:10 PM
#6288   Doesn't work that's gov Cuomo from ny legalizing cannabis. lukin4winners 12/11/18 05:13:09 PM
#6287   https://nypost.com/2018/12/11/cuomo-to-release-plan-for-legalizing-recreational-use-of-marijuan No1Uknow 12/11/18 04:55:35 PM
#6286   Great thanks for the update next: house then lukin4winners 12/11/18 04:25:56 PM
#6285   SENATE just now PASSED HEMP LEGALIZATION/FARM BILL... Bountiful_Harvest 12/11/18 04:11:23 PM
#6284   $17 sell brings us down 45% that's what lukin4winners 12/11/18 01:58:03 PM
#6283   It sure looks that way. It appears prohibition Bountiful_Harvest 12/11/18 12:14:51 PM
#6282   A plethora of revenues coming from cannabis related lukin4winners 12/11/18 12:12:35 PM
#6281   This seems to be the latest Farm Bill Bountiful_Harvest 12/11/18 12:10:01 PM
#6280   Farm bill passage Monday is a wake up lukin4winners 12/11/18 09:07:19 AM
#6279   This channel has been ridiculous. ThirdSyte 12/08/18 07:53:17 PM
#6278   Sooner than later before xmas hopefully. Have a lukin4winners 12/07/18 04:01:26 PM
#6277   You as well! Can't wait until the ball Aquahoya 12/07/18 03:59:56 PM
#6276   Have a good weekend looking forward to the lukin4winners 12/07/18 03:26:05 PM
#6275   100% Agreed Aquahoya 12/07/18 03:20:58 PM
#6274   Sure would be a nice xmas present to lukin4winners 12/07/18 03:02:56 PM
#6273   All I want for Christmas is to find Aquahoya 12/07/18 03:00:40 PM
#6272   We've seen it happen in other stocks that's lukin4winners 12/07/18 02:56:51 PM
#6271   Well, think about it. We need custodianship, filings, Aquahoya 12/07/18 02:51:50 PM
#6270   I will agree just because it sounds so lukin4winners 12/07/18 02:41:30 PM
#6269   Just merger news will put us in multi-dollar Aquahoya 12/07/18 02:07:31 PM
#6268   Once we get a significant update the future lukin4winners 12/07/18 01:53:00 PM
#6267   Correct. I'm not worried about the construction of Aquahoya 12/07/18 01:52:51 PM
#6266   I hope we kick azz sooner than that! Bountiful_Harvest 12/07/18 01:27:46 PM
#6265   Great news! Hopefully, we can get this process Aquahoya 12/07/18 11:34:53 AM
#6264   Great news for the American Hemp industry - Bountiful_Harvest 12/07/18 10:52:50 AM
#6263   No problem at all. lukin4winners 12/06/18 07:56:01 PM
#6262   Hey Lukin thanks for the PM the other daiello 12/06/18 07:48:40 PM
#6261   Without a doubt. Stockwell and company are just lukin4winners 12/06/18 02:03:00 PM
#6260   That was a good read! Thanks, Capt. Here's Bountiful_Harvest 12/06/18 01:55:55 PM
#6259   https://potstocknews.com/2018-farm-bill-approved/#ampshare=https://potstocknews. Captain Ahab_ 12/06/18 01:42:55 PM
#6258   GNCC really setting up here for us longs. lukin4winners 12/06/18 09:35:26 AM
#6257   :) Captain Ahab_ 12/06/18 08:14:15 AM
#6256   FORBES ARTICLE ON HEMP-CBD LEGALIZATION Bountiful_Harvest 12/06/18 12:58:49 AM
#6255   Not sure that it is BGG that is Aquahoya 12/04/18 03:54:40 PM
#6254   GNCC trading at a substantial discount here. Near lukin4winners 12/04/18 03:54:09 PM
#6253   I have a feeling that's what BGG is Bountiful_Harvest 12/04/18 03:53:08 PM
#6252   That Farm Bill passage will be a catalyst lukin4winners 12/04/18 03:18:42 PM
#6251   gncc project are so big probably we benyam 12/04/18 03:15:45 PM
#6250   everything can bee possible , only time will benyam 12/04/18 03:11:23 PM
#6249   :) Captain Ahab_ 12/04/18 01:55:14 PM
#6248   I agree, Aquahoya. I remember those conservative/rough calculations Bountiful_Harvest 12/04/18 12:20:47 PM
#6247   Yessir. It's not a matter of if, but when. Aquahoya 12/04/18 11:53:50 AM
#6246   The good ones are worth the time and lukin4winners 12/04/18 11:52:01 AM
#6245   That's just pure math going off Aurora sky Aquahoya 12/04/18 11:38:37 AM
#6244   I will sell it cheap. $64/sh right now! lukin4winners 12/04/18 11:34:09 AM
#6243   Dude... like I have stated in posts a Aquahoya 12/04/18 11:28:08 AM