Green Hygienics Holdings Inc. Secures Licenses for Cultivation and Processing of Hemp in the State of Michigan
SAN DIEGO, April 25, 2019 (GLOBE NEWSWIRE) -- via NetworkWire -- Green Hygienics Holdings Inc. (GRYN) (“GRYN" or the “Company"), an innovative, full-scope, science-driven, premium cannabis cultivation and branding enterprise, is pleased to announce it has secured licenses for the cultivation and processing of hemp in the State of Michigan.
The Company was granted the licenses to its two wholly owned subsidiaries, Green Hygienics Michigan LLC and Coastal Labs Michigan LLC, under the Michigan Department of Agricultural and Rural Development (MDARD) Industrial Hemp Ag-Pilot Program launched by Governor Gretchen Whitmer.
Under this research agreement with MDARD, Green Hygienics is approved to plant, propagate, grow, cultivate and harvest live hemp plants or viable hemp seeds in a state known for its agricultural diversity.
“Obtaining these licenses is complementary to our mission of becoming a leader in the advancement of science-driven cannabis cultivation systems. Michigan’s strong farming community produces 300 different commodities on a commercial basis, and we are pleased to be part of its continued growth,” stated Green Hygienics VP of Business Development Matt Dole.
Michigan legalized adult-use cannabis in November 2018, making it an attractive prospect for public companies or private equity funds looking to expand their U.S. presence in the cannabis industry. The state’s population of nearly 10 million is roughly double that of Colorado, and it is currently the only state in the Midwest to legalize recreational sales and consumption.
About Green Hygienics Holdings Inc. – Elevated Integration
Green Hygienics Holdings (GRYN) is a full-scope premium cannabis company with more than 25 years of experience in agricultural science and innovation. Green Hygienics is establishing itself as a leader in the advancement of science-driven cannabis cultivation systems. The Company’s business model includes: generating revenues from the cultivation and sales of premium grade cannabis products; developing and licensing valuable IP; creating trusted global consumer brands; and making strategic acquisitions. Its broader focus is on profitability and creating extraordinary value on behalf of Company shareholders.
For more information, visit: www.GreenHygienicsHoldings.com