Replies to post #7012 on Green Hygienics Holdings,Inc. (GRYN)

[IAMMINDFULL]

~GRYN $1.25 with an 8K just hitting > > >




Item 1.01 Entry into a Material Definitive Agreement

On March 1, 2021 (the “Agreement Date”), Green Hygienics Properties, LLC (“GHP”) executed a Purchase and Sale Agreement (the “PSA”) to acquire a 37,530 square foot building, located at 13955 Stowe Drive, Poway near San Diego, California (the “Stowe Drive Building”). Green Hygienics Holding, Inc. (“GRYN” or the “Company”) is the sole member of GHP, and Mr. Loudoun, the Company’s CEO is the Manager of GHP.

The Company will utilize the Stowe Drive Building for post processing, manufacturing and distribution activities related to its business. Pursuant to the PSA, the closing for the purchase of the Stowe Drive Building is to occur on or before 120 days from the Agreement Date for a cash payment of $7,500,000 and 300,000 restricted common shares. The foregoing description of the PSA does not purport to be complete and is qualified in its entirety by reference to the full text of the PSA, a copy of which is filed as Exhibit 10.1, to this Current Report on Form 8-K and incorporated by reference herein.

Additionally, TruLife Labs LLC (“TLL”) and TruLife Biotech LLC (“TLB”) have recently been formed and have electronically filed Articles of Organization with the State of California. The Company is the sole member of TLL and TLB and Mr. Loudoun is the Manager of both. https://www.otcmarkets.com/filing/html?id=14757893&guid=NnJaU63508fhxth

[Ownwallstreet]

$GRYN nice looking building. These guys continue to execute on their plan. I love it.