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Greengro Technologies, Inc. Unveils New 5K Sq. Ft. Fully Equipped Cutting-Edge Industrial Glass Greenhouses for Produce and Cannabis Markets

ANAHEIM, CA -- (Marketwired) -- 11/30/16 -- Greengro Technologies, Inc. (OTC PINK: GRNH), a world-class provider of eco-friendly green technologies, announced today the availability of highly technologically fortified industrial-grade glass greenhouses designed to equip high-capacity growers with a state-of-the-art facilities designed to support commercial level production of both agricultural produce and cannabis.

"We are very pleased to be bringing this immense, advanced greenhouse offering to the marketplace", said James Haas, CEO of Greengro Technologies. "Our continuing discovery of technologies suited for lucrative new fields of trade will broaden our footprint in both the consumer and commercial markets alike, strengthening our ability to further capitalize on our unique operating advantages, particularly as local demand escalates with the opening of the new recreational cannabis market while other areas throughout the country embrace medical marijuana provisions."

Measuring a towering 19 ft. in height, 30 ft. in width and 170 ft. in length, these robust high-capacity greenhouses provide 5,037 square feet of technologically advanced climate controlled cultivation and harvesting space. The structure of a Greengro Technologies greenhouse is built with nearly two-inch tempered glass and erected with a customized aluminum frame. The turnkey operational setup consists of a Cooling Pad and Fan System designed to regulate temperatures through an efficient circulation system. The ventilation assemblage is driven by a durable, motorized and galvanized hot-dipped rack-and-pinion arrangement, optimizing stability. This setup enables efficient, highly effective temperature control for a hydroponics system built for excellence. The specifications for Greengro Technologies' resourceful commercial-grade Glass Greenhouse can be found at: https://greengrotech.com.

The U.S. Cannabis Spot Index was up 3% to $1,461 per pound for the week ending 11/25/16. ​The simple average price increased $53 to $1,815 per pound, with 68% of transactions (one standard deviation) in the $1,301 to $2,330 per pound range. As a marijuana cultivation greenhouse, these all new glass greenhouses have the capacity to turn very lucrative profit margins.

According to Rand.org, a Toonen's (2006) study of 77 illegal, indoor growing operations in the Netherlands, it was discovered that a median planting density of 15 plants per square meter, or 1.4 plants per square foot, produced an average yield of 1.2 ounces of saleable material per plant per harvest. That translates to 0.105 pounds per square foot per harvest or 2.625 pounds per 25 square feet per harvest.

About Greengro Technologies: Greengro Technologies (OTC PINK: GRNH) is a world class provider of eco-friendly green technologies with specific domain expertise in indoor and outdoor agricultural science systems serving both the consumer and commercial farming markets. It brings together community and commerce through the growth and distribution of healthy, nutritious foods and vital medicines backed by science and technology. Customers include restaurants, community gardens, small and large scale commercial clients. Greengro Technologies also provides design, construction and maintenance services to large grow and cultivation operations and collectives in the medical and recreational marijuana sectors.

The company's websites www.greengrotech.com, offer regular updates including educational videos, projects updates, recipes and nutritional information, and where to find the company's products.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.

For More Information Contact:
Greengro Technologies, Inc.
James Haas
CEO
714-367-6538
Email Contact


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