GREEN HYGIENICS HOLDINGS INC. | POWAY, CA | (855) 802-0299 or 858 883-4561    

Green Hygienics Holdings Inc. Completes Acquisition of 824-Acre Potrero Ranch Hemp Cultivation Property

SAN DIEGO, Aug. 26, 2019 (GLOBE NEWSWIRE) — via NetworkWire — Green Hygienics Holdings Inc. (GRYN) (“GRYN” or the “Company”), an innovative, full-scope, science-driven premium hemp cultivation and branding enterprise, today announces the completion of its previously announced acquisition of the 824-acre Potrero Ranch Property near San Diego, California. The Company will utilize the land and buildings for industrial hemp for CBD cultivation. This is an extraordinary real property asset, that will positively impact the Company’s Balance Sheet.

The land area is flat, arable and sheltered by surrounding mountains. The abundant water supply, type and pH of the soil, as well as the altitude of the property are all ideal for industrial hemp for CBD cultivation and an application for USDA Organic certification.

Additionally, over 400,000 square feet of outbuildings are included that Green Hygienics has already begun converting into greenhouses. This is a significant amount of cultivation space and ideally suited for this endeavor in that it will allow the company to achieve multiple harvests on the same property that would otherwise not be achievable.

Ron Loudoun, Chief Executive Officer, stated, “We have been working at the property under a lease agreement for the last two months purchasing equipment and preparing to begin cultivation immediately. The combination of the greenhouse space and acreage will create the capability to produce significant revenues for Green Hygienics.”

About Green Hygienics Holdings Inc. 

Green Hygienics Holdings Inc. (GRYN) (“GRYN” or the “Company”) is an innovative, full-scope, science-driven, premium hemp cultivation and branding enterprise focused on the cultivation and processing of industrial hemp for cannabidiol (“CBD”). The Hemp Farming Act of 2018 removed hemp from Schedule I controlled substances (defined as cannabis with less than 0.3% THC) making it an ordinary agricultural commodity.

The Company’s business model includes generating revenues from the sale of hemp and premium-grade CBD products; creating trusted global consumer brands; developing valuable IP; and growing the company rapidly through strategic acquisitions. With direct regard to acquisitions, the Company acts as a business accelerator and a vertical integrator focusing to support rapid growth and development of companies with extraordinary potential.

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.

Company Contact: 
Green Hygienics Holdings Inc.
1.855.802.0299 Toll Free
IR@GreenHygienicsHoldings.com 

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