|By Marketwired .||
|May 13, 2014 05:00 AM EDT||
LOS ANGELES, CA -- (Marketwired) -- 05/13/14 -- Greengro Technologies (PINKSHEETS: GRNH) announces today that it has made initial investments in Cannabis Ventures, Inc. to support the Company in the application process with Health Canada. Greengro will also extend their expertise related to indoor and outdoor agricultural science systems and technique for the medical marijuana plant growth systems. Cannabis Ventures is currently in the process in establishing operations in British Columbia Canada to service the Medical Marijuana market. Greengro will also assist in the initial interior designs and consulting for this approval process in Canada.
James Haas, CEO of Greengro Technologies, states, "Canada is in the forefront in the Medical Marijuana sector. We feel our involvement in Canada also allows Greengro to introduce products in this high demand and rapidly changing market. We have several turn-key product that will immediately benefit the groups that have received their MMPR license."
Greengro Technologies and Cannabis Venture, Inc. Canada will explore further business venue regarding Greengro's Modular Gro systems for the Canada market. The company's new Modular Gro systems will also be introduced for medicinal marijuana interior grow rooms under the Health Canada guidelines.
About Cannabis Ventures, Inc.
Cannabis Ventures (CVI) was organized for the purpose of developing leading scientific processing to cultivate a bio-medical grade Cannabis plant featuring a higher concentration Cannabidiol (CBD) value with natural healing powers. The team along with expert consultants which have specific expertise in pharmaceutical sciences (medicinal chemistry of natural products) and herbal pharmacology. Cannabis Ventures plans to supply the medical marijuana market along with alternate medicinal supply for global market for highly enriched plant concentration of Cannabidiol.
About Greengro Technologies
Greengro Technologies (PINKSHEETS: 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.
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.
Greengro Technologies, Inc.