GreenGro Technologies Inc (GRNH)

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Great day for a great stock!... Nice steady price action!...

Good times ahead for $GRNH boys and girls!...

GRNH is one of the most famous pot stocks for the spectacular run this one made to $1.20 a share in the first few months of 2014. The corp has been around for years; originally incorporated in Nevada in the 90’s GRNH used to be Authoriszor (AUTH) which was a NASDAQ listed Company until 2002. At the time they developed and supported applications and advanced software products.

GreenGro Technologies, Inc. (OTCMKTS:GRNH) is a holding Company that has acquired a number of different divisions in the medical Marijuana space. The Company owns green houses, and water supply systems that are ideally suited for growing Marijuana.

Back in March GRNH raised $875,000 in a private placement and acquired Vertical Hydrogardens, Inc. a manufacturer and vender of vertical-gardening equipment and supplies. GRNH re opened a retail location which will serve as the initial brick and mortar location for a franchise of stores they want to open.

That same month GRNH also acquired Greensticks, Inc.; a patent pending technology for an electronic vaporizer for Cannbidiol (CBD). Branded as a new way to medicate, Greensticks is a battery powered electronic vaporizer designed to look like an electronic cigarette. The cartridges are filled with 100% organic liquefied flowers and pharmaceutical grade glycol as found in asthma inhalers.

Another devision of GRNH is their subsidary BP Gardens, Inc., of Anaheim, CA. that is focused on hydroponics and builds greenhouse. They currently produce leafy green produce year-round in any climate. They specialize in vertical grow systems that allow you to utilize as much space as possible. This means you can grow more plants than you could using a regular horizontal area as the plants will receive the maximum amount of light needed at all stages of development.

Earlier this year GRNH announced a multi-stage purchase of construction company Tricor Mechanical Inc., they are a a Southern California based construction company and provider of HVAC systems to commercial, industrial, municipal, and emerging market customers. The agreement provides for Greengro to own 51% of Tricor by the end of 2014, and the remaining 49% within 2 years.

In July GRNH announced an agreement to provide facility design and consulting services for a major planned Arizona medical cannabis cultivation facility. They plan to complete the design phase by the end of Q1 2014 and will begin implementation in Q2 2014 where it will provide all construction services for the grow operation.

GRNH is well position as a supplier, designers and builders of hydroponic systems to cash in on the sector; they own green houses, and water supply systems that are ideally suited for growing Marijuana as new state laws open up. The Company continues to benefit from national media attention such as they recently received after Forbes included them in an article titled ‘ Meet The 8 Hottest Publicly Traded Marijuana Companies”