SAN DIEGO, Dec. 18, 2018 (GLOBE NEWSWIRE) -- via NetworkWire -- Green Hygienics Holdings Inc. (OTCQB: GRYN) (“GRYN" or the “Company"), an innovative full-scope, science driven, premium cannabis cultivation enterprise, has been approved by the OTC Markets Group Inc. to up-list to the OTCQB exchange.
Achieving the listing is part of the company’s long-term strategy to introduce the Company to a broader range of institutional and retail investors in the U.S. Listing to the OTCQB and being fully reporting will result in greater liquidity and market awareness. The company is committed to the higher level of corporate and financial disclosures required as an OTCQB fully reporting company, demonstrating our commitment to our loyal shareholders.
The OTCQB exchange, operated by the OTC Markets Group Inc., facilitates transparent trading for entrepreneurial and development-stage companies that have met a minimum bid price test, are current in their financial reporting, and have undergone an annual verification and management certification process. These standards provide a strong baseline for transparency, as well as the technology and regulation to improve the information and trading experience for investors. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for GRYN.
Further, Green Hygienics Holdings Inc. has engaged the consulting services of Tempus Trade Partners located in Houston, Texas. Tempus Trade Partners is a boutique trade, export and business development consulting firm committed to assisting our clients with business development and risk management in the global marketplace. The firm specializes in providing support services to companies involved in international trade, offering assistance with all aspects of Trade Finance, Countertrade, and Barter. In addition to comprehensive trade advice, Tempus is able to deploy capital through its partnership with a specialized fund, providing liquidity to the recommended structures.
About Green Hygienics
Green Hygienics Holdings Inc. (OTC: GRYN) is a full-scope, premium cannabis company targeting the high-end medical and adult-use recreational markets. 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 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.
For more information, visit: www.GreenHygienicsHoldings.com
Safe Harbor Statements
Certain information contained in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian laws. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects" or "does not expect," "is expected," "anticipates" or "does not anticipate," "plans," "estimates," "intends" or "believes," or that certain actions, events or results "may," "could," "would," "might" or "will be taken," "occur," or "be achieved." Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made, and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. Many of these factors are beyond the Company's ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company's filings with the SEC. Such risks and other factors include, among others, the ability to locate and acquire suitable interests in alternative medicine manufacturing operations on terms acceptable to the Company, the availability of financing on acceptable terms, accidents, labor disputes, acts of God and other risks of the alternative medicine industry including, without limitation, delays in obtaining governmental approvals or permits, title disputes or claims limitations on insurance coverage. The Company believes that the expectations reflected in the forward-looking statements included in this news release are reasonable; however, no assurance can be given that these expectations will prove to be correct, and such forward-looking statements should not be unduly relied upon. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.
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