Green Hygienics Holdings Inc (fka GRYN)

[treedoc]

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.