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GreenGro Technologies, Inc. Signs Deal with Organic Certification Partner for its CBD Ventures Division

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GreenGro Technologies, Inc. (OTC: GRNH) has formed an alliance with Organna LLC, a leader in Industrial Hemp Organic Certification. This partnership aims to enhance compliance and certification in the hemp industry, facilitating access to major retailers like Whole Foods and Walmart. CEO Darrel Courtney emphasized that compliance is crucial for market penetration, especially for organic products. Recent trends indicate a growing consumer demand for organic goods, accelerated by the pandemic. This strategic move positions GreenGro to capitalize on long-term market growth in the industrial hemp sector.

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  • Strategic alliance with Organna enhances certification and compliance in the hemp industry.
  • Partnership positions GreenGro to meet the growing demand for organic products, especially among major retailers.
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ANAHEIM, Calif., Feb. 2, 2021 /PRNewswire/ -- GreenGro Technologies, Inc. (OTC: GRNH), an established provider of eco-friendly green technologies for the Industrial Hemp Industry, announced today that the Company has structured an alliance with Industrial Hemp Organic Certification experts Organna LLC. The Agreement with Organna is the brainchild of CEO Mr. Darrel Courtney, who was appointed last October to lead GreenGro Tech into the forefront of the exploding global market for Industrial Hemp.

Organna, an Arkansas based company led by its own Chief Executive Mr. Blake Heafner was identified by Mr. Courtney as a key player in the Industrial Hemp Organic Certification space. Mr. Courtney quickly assessed that a formal business association with Organna would be mutually beneficial as both companies share the philosophy that long term success in the industrial hemp market will be reaped by those companies that strategically position themselves to lead the sector into organic practices and certification.

"Big box retailers like Whole Foods, Walmart, Target and Natural Food Grocers cannot enter the CBD space in a meaningful way until there are fully traceable and Compliant Organic, GMP and Non-GMO supply chains are available. These quality standards are necessary when products are for human consumption, and traceability from seed to shelf is what establishes trust and transparency with customers. Hemp Farms - by and large - lack the compliance and certifications required to get on those Big Box Retailers' shelves. Compliance and traceability are the only pathway into retail. Traceability is Transparency," stated Mr. Heafner.

Organna's education and compliance partner is Southern Grown's Founder Josh Hardin. Mr. Hardin has previously worked for the FDA and is currently working with the Colombian government on developing Global GAP and GMP guidelines and best practices for organic hemp. "We are just so excited about the synergies we are about to see for our companies. Not only will the Organna team help propel GreenGro into the quality end of the Industrial Hemp Market spectrum here domestically, but their international experience in South America will immediately spill over into our GreenGro project in Ecuador," added Mr. Courtney.

According to a recent report from Food Dive, "Consumer demand for organic products has grown by double digits in almost every year since the 1990s. Even during the recent strain on domestic food supply and challenges in the supply chain, organic products remained in high demand." Moreover, a recent Bloomberg report showed that COVID-19 accelerated organic food sales in the US due to increased demand for health-conscious foods and drinks. "Sales of organic food and drinks surged 25% during the 17-week period ended June 27," according to Nielsen Data. GreenGro's alliance with Organna strategically positions the Company to capitalize on this undeniable long-term trend for the industry.

GreenGro Technologies, Inc. (OTC: GRNH) is a vertically-integrated provider of eco-friendly state-of-the-art technological solutions to the green industries. The Company is a trusted partner to the cultivation, extraction, production and retail aspects of the green market through a combination of three operating divisions: CBD Ventures, Cannabis Ventures and GenoBreeding. Each division is able to leverage the strengths of the other, creating a synergistic, efficient and highly profitable business model. Additional details can be found by visiting the Company's website at www.greengrotech.com.

For additional information about GreenGro Technologies and its solutions, please visit www.greengrotech.com.

Safe Harbor Act: 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 several 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 info visit greengrotech.com or contact:
info@greengrotech.com
Darrel Courtney, CEO, +1 (714) 367-6538

Cision View original content:http://www.prnewswire.com/news-releases/greengro-technologies-inc-signs-deal-with-organic-certification-partner-for-its-cbd-ventures-division-301220360.html

SOURCE GreenGro Technologies, Inc.

FAQ

What did GreenGro Technologies announce on February 2, 2021?

GreenGro Technologies announced a partnership with Organna LLC to enhance organic certification in the Industrial Hemp market.

How does GreenGro's new alliance impact its position in the market?

The alliance aims to improve compliance and quality standards, enabling GreenGro to access major retailers like Whole Foods and Walmart.

What are the expected benefits of GreenGro's partnership with Organna?

The partnership is expected to enhance traceability and compliance, facilitating entry into the organic product market.

What market trends support GreenGro's strategic alliance?

Growing consumer demand for organic products and increased sales during the pandemic support the strategic move.

What is the stock symbol for GreenGro Technologies?

The stock symbol for GreenGro Technologies is GRNH.

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