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All of leftover material from the first 2 crops was written off as worthless, was on the annual report.
https://www.sec.gov/Archives/edgar/data/1443388/000147793221008557/gryn_10k.htm
Last quarterly said they're sitting on 15-20 tons of hemp flower and more biomass from the fall harvest, that was about 3 months ago.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1443388/000147793222000262/gryn_10q.htm
Should be interesting to hear about all of the revenue they've generated this quarter.
Need more of that too GRYN $&$
And sales of leftover material from 2020 AND sale of anything from 2021.
I believe we have a substantial GRYN update coming.
This month we need to hear about :
Luxembourg Bond Listing -
Refinance Farm -
Acquisitions -
Growth/revenue/projections -
How are things progressing?
The $28 million appraisal of the ranch is no longer valid since since the "extraordinary assumptions" have not come to fruition.
https://www.otcmarkets.com/filing/html?id=14791347&guid=P-eaUnnGyT1_Vth#GRYN_EX101_HTM Pg.2
This also means the ridiculous business valuation is no longer valid which also means the $100 million bond offering is not on the table.
It's all right there in the fine print and transparent. LMFAO!
Will this get a new direction if the Dems decriminalize pot?
It’s like they’ve had more than enough time. Maybe on this election cycle??
52 week low, which way will it go from here? 10Q will be out any day now, reality check coming...
Over the last 2 years
Some have listened
Some have not
Thought the timeframe mentioned was was 8 weeks, my bad
Great time to buy GRYN ! Cheep and undervalued
Long term HOLDERS means holding GRYN long term.
I am holding 2022 before selling one share.
Just my opinion
Down 50% past 6 weeks...
If folks would doo a little doo diligence they would see this company is hemorrhaging cash, has generated $0.00 revenue from 2 crops, are leveraged to the hilt on the ranch, failed to close on both highly touted real estate transactions this year and the supposed capital raise and have millions of restricted shares that will be hitting the market next year. Other than that...
Good news is it's all transparent and right in the financials.
Exactly pmunch! Simply put, the next 12 to 18 months are going to be tremendous to experience!
Agreed GREGG! Amazing how many factually transparent growth plays with no babysitting required whatsoever are out there right now:)
Time to turn GRYN back UP !!
.65 atm
GRYN
Let’s see how it does … 100 Million incoming will buy us a LOT of businesses
Roflamo at this complete farce of a company
I needed that today
Lincoln & Poway purchase agreements (both expired) were never on the table, neither was the $100 million Green bond offering (expired).
All assets purchased from Primordia, Castillo & Admay have been considered impaired and written off as worthless.
The July 2020 crop that was harvested was classified as an expense not an asset or inventory, so no revenue was generated or will be generated.
It's all in the 10-K
https://www.sec.gov/Archives/edgar/data/1443388/000147793221008557/gryn_10k.htm
Lincoln is still on the table until end of month. Time will tell.
On August 20, 2021, Green Hygienics Properties, LLC (“GHP”) executed a Purchase and Sale Agreement (the “PSA”) to acquire 95,625+- acres, located in Lincoln County, North Carolina (the “Lincoln Property”). The Company is the sole member of GHP, and Mr. Loudoun, the Company’s CEO is the Manager of GHP. The property located just outside of Charlotte, North Carolina, includes approximately 170,000 square feet of industrial buildings. The Company plans to utilize the Lincoln Property to launch its industrial hemp manufacturing division, with a goal to produce hemp derived food grade products and fiber for textiles. Pursuant to the PSA, the closing for the purchase of the Lincoln Property is to occur on or before November 30, 2021, subject to due diligence, for a cash payment of $2,400,000, of which $25,000 has been put into an escrow account.
The Poway deal never closed, the Lincoln deal didn't either but that won't show until the 10Q next month...
https://www.sec.gov/Archives/edgar/data/0001443388/000147793221008557/gryn_10k.htm
Company entered into an agreement to purchase the real property located at 13795 Blaisdell Place, Poway, California 92064. The closing conditions were not met and the Company is no longer pursuing this facility.
They're now not in good standing since they missed the deadline to file a late 10-k. In the grand scheme of things it may not add up to much but certainly not a good look if your in the middle of a "supposed" capital raise with accredited investors...
Yep. I don’t think we hear anything until the full crop is sold.
The fact that there was no announcement of the deal closing speaks volumes. It won't show up in the 10-K coming out next week but it will show in the 10-Q coming in December.
The property is now listed as off the market and the last record of sale are from 2018.
Guess we wait on Ron for now.
Anyone know if the North Carolina facility closed escrow on October 31st. That was the closing date in the press release.
This was all announced on the last phone conference. My guess is they wait to announce exact revenue until it’s all been sold. It should only take a few weeks to process and sell. I’m looking forward to them doubling the harvest for the next season. ??
If that were true they'd he talking about how much they have harvested so the
Creators of these fantastic bedtime stories could get to work playing with numbers
Management doesn't have a problem with fiction being spread around as fact
Jmo
That crop that is being harvested now should fetch around $10 million in revenue for the company. $$$
I thought the Lou dude stated they were going to grow the company organically no pun intended.
They planted a few hundred acres supposedly. What's the cash number on that. Should be significant but I sense it's not .
These guys burn through cash big-time cause that's the game .
Apparently some a r e reading the Fins
Hence the stock decline.
1200 years for Rome
2 years ago I was out there
The stock peaked around 2.50
Now what is it?
A bond has to be issued before it can be listed, so let's break it down:
It's a bond offering that is exempt from SEC registration since it will only be offered in Europe. So it is an "private offering" since it will not be registered.
The "offering from GRYN" is for up to $100 million for a 5 yr bond that will pay 7.25% annually.
Luxembourg is where the solicitor is headquartered not where the bond would be listed. The bond would not be listed anywhere since it would be exempt from registration.
The last crop was valued at $200k (not 10's of millions of dollars) while it sat in a greenhouse getting moldy.
READ THE FINANCIALS PEOPLE
https://www.sec.gov/Archives/edgar/data/0001443388/000147793221004081/gryn_10q.htm
It’s not an offering or a private placement !
It’s a Bond Listing in Luxembourg …
These things don’t happen in a few weeks
Meanwhile , crop was harvested
The link provided states the deal "to close on or around 11/30".
https://www.otcmarkets.com/stock/GRYN/news/Green-Hygienics-Holdings-Inc-GRYN-Announces-US100-Million-Green-Bond-Offering?id=321895
So the offering by Trimark in February was the same offering (5yr. note @7.25% trying to raise $100 million) and didn't raise a penny. https://trimarkcapitalpartners.com/investor-relations/
Why would the results be any different?
It's no secret fixed income investors are much more savvy than equity investors.
Should be getting word from Luxembourg in the very near future.
Pretty sure end of November was mentioned....somewhere
https://www.otcmarkets.com/stock/GRYN/news/Green-Hygienics-Holdings-Inc-GRYN-Announces-US100-Million-Green-Bond-Offering?id=321895
https://trimarkcapitalpartners.com/investor-relations/
Doesn't look like they've made much progress
We will make Millions … Rome wasn’t built in a day
Looks like we are progressing.
On February 15, 2021, the Company engaged (the “Engagement Agreement”), Trimark Capital Partners (“Trimark”), a Grand Cayman company to provide agent services for the sale and issuance of up to $100 million in a series of bonds.
Any proceeds will be used to acquire real estate assets and advance the company’s business development plans.
just but gryn now and watch it go up next 8 weeks
Loudoun is making $millions why aren't GRYN shareholders?
https://www.sec.gov/Archives/edgar/data/0001443388/000147793221004081/gryn_10q.htm Pg. 14 section 8
Everything is spelled out in the financials...
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Green Hygienics Holdings
OTCQB: GRYN
Green Hygienics Holdings Inc. (OTCQB: GRYN) is a California-based innovative technology-driven enterprise focused on the high standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids.
The company aims to be a leader in compliance and capabilities in the hemp and cannabinoid supply marketplace. By leveraging state of the art technologies, the company intends to open up a whole new world of novel cannabinoids and targeted bio-delivery technologies never before explored, solving the issues of stability, pharmacokinetics, biological tissue penetration and bioavailability.
Dedicated to creating the hemp industry's safest and finest quality products, the company will be uniquely positioned to deliver product efficacy and supply chain solutions to consumers, as well as to leverage these within its own products and brand portfolio.
USDA Organic Certification and FDA Registration
On August 26, 2020, Green Hygienics registered with the U.S. Food and Drug Administration pursuant to the Federal Food Drug and Cosmetic Act, as amended by the Bioterrorism Act of 2002. This registration strengthens the company's core mission to provide product efficacy to the pharmaceutical industry and consumers alike.
On September 30, 2020, Green Hygienics was granted USDA Organic Certification (7 CFR Part 205) for the cultivation and post-harvest processing of industrial hemp by the California Certified Organic Farmers for its Sol Valley Ranch property. This certification further enables the company to supply certified organic hemp products to national and international markets.
Market Opportunity
Green Hygienics is focused on finding, acquiring and developing strategically positioned businesses, as well as the best innovations within the hemp industry – a fast-progressing market with remarkable opportunities for growth. The industrial hemp market is is projected to rise to $15.26 billion by 2027, achieving a CAGR of 15.8%, per Grand View Research.
Capital Structure
GRYN has 44,482,138 million shares outstanding, fully diluted. The company has 9,942,706 million common shares in float.
Key Management
Dr. Levan Darjania serves as the company's Chief Science Officer. Darjania has over 26 years of experience in biotechnology and pharmaceutical drug development. His research and development experience has led him to develop many in-house and collaborative R&D programs over the course of his career.
Kyle MacKinnon serves as GRYN's Chief Operating Officer. He has extensive knowledge in cannabis processing and was previously the Business Development Manager of Advanced Extraction Systems Inc., a leader in CO2 Supercritical Fluid Extraction. MacKinnon brings over 20 years of sales and management experience to the company.
Ronald Loudoun is the President, CEO, Secretary and Director of Green Hygienics. He received an undergraduate business degree from the British Columbia Institute of Technology. Before joining Green Hygienics, he was the founder and a director of renewable energy firm Archer CleanTech Inc.
Jerry Halamuda is the Senior Vice President of Business Development of the company's Agriculture Division. He has an extensive career working in the agriculture and horticulture industry. Halamuda has founded, managed and operated multiple successful companies, including Color Spot Nurseries.
John Gildea is GRYN's Senior Vice President of Corporate Development. He has over 20 years of experience working within the private and public markets. His expertise includes negotiating and structuring private and public financing and mergers. During the course of his work, Gildea has established trusted relationships with a network of equity and capital partners.
ttps://www.greenhygienics.com/
https://www.greenhygienics.com/photos
Corporate Video :
https://vimeo.com/451890719
data : GRYN
Listed: OTCQB since 12/2018
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