Green Planet Launches Organic Urban Farm

Rhea-AI Summary

Green Planet Group (OTC PINK: GNPG) has launched its urban farm operation under the brand name Healing the Earth Farms. Utilizing patented technology, the farm aims to produce 100% organic food using 97% less water, no soil or chemical fertilizers, and accelerating growth times by up to 300%. The farm will initially grow micro-greens and plans to deliver 8,500 units monthly to upscale grocery chains. Projected monthly revenues are $21,000, which are expected to increase with further operational expansion.

Positive

• Launch of Healing the Earth Farms brand for urban farming.
• Utilization of patented growing technology promoting sustainability.
• Projected revenue of $21,000 per month with growth potential.
• Daily harvesting and delivery plan enhances product availability.

Negative

• None.

PHOENIX, Jan. 13, 2022 /PRNewswire/ -- Green Planet Group (OTC PINK: GNPG) an emerging leader in green technology, announced today that its wholly owned subsidiary, Healing the Earth Inc. (HTE) launched its urban farm operation last week. The company has trademarked the name "Healing the Earth Farms" as its brand name for all growing activities.

The farm will utilize its patented growing technology to both demonstrate its effectiveness in growing 100% organic food with 97% less water, using no soil or chemical fertilizers, while accelerating growing time by as much as 300%.  The farm will begin growing three varieties of micro-greens, a Kalefetti, Radish, and a Spicy Micro mix (See label pictures below). The "living" micro-greens are harvested with their roots intact which improves shelf life while maintaining taste and nutrition values.

The Healing the Earth Farms label includes a QR code which will permit the retail customer to connect directly to its website to obtain additional product information and suggested recipes from Chef Alex. In addition, Chef Alex will begin a promotion whereby customers can submit their recipes for cash rewards. Also, in an effort to address world hunger, a portion of monthly revenues will be divided between two non-profits that provide direct help to people in Nigeria and South Sudan. Mr. Gerald Walker, Chairman/CEO of bizCbook.com has committed to help the company establish food growing systems in both countries.

The farm will harvest food every day, 365 days per year, and will begin delivering its products to up-scale grocery chains in the fourth week of this month, at the rate of 280 units per day or 8,500 units per month. Projected monthly revenues will be  $21,000. Revenues will grow as additional growing systems come online. In addition, the company expects that by operating its in-house farm successfully, it will accelerate sales of growing systems by demonstrating its revolutionary technology as proven.

About Green Planet Group, Inc.

The Company is comprised of four wholly owned subsidiaries: two operating companies and two development stage companies. The Company's Healing the Earth subsidiary has developed a new Fast Track™ growing system capable of growing vast amounts of fresh, organic food with extremely low water use. XenTx Lubricants produces lubricants and additives for gasoline and diesel engines which reduce emissions and improve fuel economy. AAQIS is developing a hydrogen generator which greatly reduces hydrocarbon emissions while improving fuel efficiency in internal combustion engines. Green Mining Technologies is developing restorative technology for placer mine tailings.

For more information see: www.greenplanetgroup.com

Forward-Looking Statements

Certain statements contained herein are "forward-looking" statements (as defined – Private Securities Litigation Reform Act of 1995). Green Planet Group, Inc. cautions that the statements made in this press release constitute forward-looking statements and no guarantees of future performance and actual results may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time the statements are made.

View original content:https://www.prnewswire.com/news-releases/green-planet-launches-organic-urban-farm-301460782.html

SOURCE Green Planet Group, Inc.

FAQ

What is the Healing the Earth Farms initiative launched by GNPG?

Healing the Earth Farms is an urban farm operation by Green Planet Group that utilizes patented technology to grow 100% organic food.

What are the projected revenues for GNPG's urban farm?

The projected monthly revenues for the urban farm are $21,000.

How much water does GNPG's farming technology save?

The technology used by GNPG's urban farm saves 97% less water compared to traditional methods.

When will GNPG start delivering its farm products?

GNPG plans to begin delivering its products to upscale grocery chains in the fourth week of January.

What varieties of micro-greens will GNPG's farm grow?

The farm will grow Kalefetti, Radish, and Spicy Micro mix varieties of micro-greens.