Main Points from GRYN 2021 Investor Call on 01-28-2021:
1. GRYN is 1 of the most highest certified Hemp farms and the single largest farm in the USA. 1 FDA certified , USDA certified Organic (April 2020) and USDA certified for processing and On site Cultivation (Sept 2020)
2. GRYN focused on highest quality, supply chain, scalability, self processing and cultivation - from seed to processing and product post processing at the farm
3. Focused on Scaling up product, reproducible, high quality, building more Indoor Greenhouses and converting to year round , medical grade growing sites.
Used 5-8 with capacity for 24 to be utilized eventually
4. Closed on the 428 Acre Sol Valley Ranch California Farm. Located in an Alpine Lake, nutrient rich, secluded, has a nice breeze for optimal growing, now irrigated, organic soil and good pH
Real estate asset = Paid 4 million and put in in drip irrigation, remediate growing fields, used 120 acres this past year. 3 million into farm, appraised last year at 22.8 Million .
5. Engaged top Law Firm in Hemp space
6. Planning to utilize 120-240 Acres of outdoor planting in 2021
7. Buying more equipment, getting it cheaper as other farms fail.
Will have 2 on site Indoor facilities to 1. Extraction 2. Lab quality post processing
8. Crop yield was approximately 110,000 lbs. high quality Flower and biomass mix.
Bagged, sealed with nitrous injection to preserve . PreRolls. Planning on selling own products;
9. Products: Smokables, topicals and edibles
10. Hired Sales Agency. Price of high quality CBD expected to rise this year.
11. Build Balance sheet, farm , office, more
Farm in 2021 and beyond Will have 4 unique Strains, marketed and trademarked:
1. Purple rain
2. California Frost
3. Kushitangy
4. Queen Bee
GRYN share Structure very tight:
No debt, no notes
42 Million shares, 7 Million float
Engaged team, IPO in a year ?
Real Estate asset backed, Good revenues
Savings of 65% - Increase Gross margins in first year processing own plants on the farm and cultivation , processing and packaging
2021 Upcoming:
A. 5 sites for e-commerce:
1. Sol Valley Ranch
2. Dr. Direct market
3. Bulk form order
4. Sports direct
5. Corporate site being updated
Planned Acquisition coming- Real estate and retail
San Diego, Cali: planning this
1. CBD dispensary
2. Bridge Coffee House -CBD
3. Smoking Lounge - CBD smokes
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*** Yes, its time to make money ***
