GreenGro Technologies Announces Exclusive Sales and Marketing Agreement with Hydroponics Retail Store
Anaheim, Calif .– (Newsfile Corp. – July 29, 2021) – GreenGro Technologies, Inc. (OTC: GRNH), an established provider of environmentally friendly green technologies to the industrial hemp and cannabis industries, today announced entry into an exclusive distribution and marketing agreement with Stop N Grow, Inc., a hydroponic business specializing in indoor and outdoor greenhouses and horticultural products. A soft opening of the first Stop N Grow retail store, which will carry the company’s products, is expected next month in Holbrook, Arizona.
Under the terms of the exclusive agreement, Stop N Grow will market and distribute the company’s products and services with an emphasis on its own greenhouses, modular spaces and vertical sliding shelves. It is also agreed that certain GreenGro branded products from its hemp and cannabis business will also be sold through this distribution channel.
GreenGro vertical systems
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“This exclusive agreement with Stop N Grow will open a completely new and scalable revenue channel for us as demand for our turnkey product offerings is expected to continue nationwide,” said James Haas, Chairman and COO of GreenGro Technologies, Inc. “We believe in revenue this agreement will have a positive impact on our financial performance starting in the third quarter of this year and is expected to grow at a healthy rate from then on. “
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About GreenGro Technologies, Inc.
GreenGro Technologies, Inc. (OTC: GRNH) is a vertically integrated provider of environmentally friendly, cutting-edge technology solutions for the green industry. The company is a trusted partner for the cultivation, extraction, production and retail aspects of the green market through a combination of three business areas: CBD Ventures, Cannabis Ventures and Genobreeding. Each area is able to use the strengths of the other and thus create a synergetic, efficient and highly profitable business model.
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More information about GreenGro Technologies and its solutions can be found at
https://www.facebook.com/GreengroTechnologiesInc or the company’s website at www.greengrotech.com.
(Safe Harbor Act: The company relies on the Safe Harbor Acts of 1933, 1934 and 1995 for all public news releases. Statements that are not historical facts are forward-looking statements. The company, through its management, makes public statements about the Safe Harbor Act expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates that reflect the company’s best judgment based on current information and involve various risks and uncertainties, and there can be no assurance that other factors will prove the accuracy of such forward-looking statements It is impossible to identify all of these factors. Factors that could cause actual results to differ materially from those anticipated by the company include government regulations, control and maintenance growth, the effects of negative publicity, litigation, competition, and other factors that may be found in the company from time to time y public announcements.)
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