Cannabis Stock News: GreenGro Technologies (OTC: GRNH) Announces Exclusive Sales and Marketing Agreement with Hydroponics Retail Store
Anaheim, California - July 29, 2021 (Newsfile Corp.) (Investorideas.com Newswire) GreenGro Technologies, Inc. (OTC: GRNH), an established provider of eco-friendly green technologies for the industrial hemp and cannabis industries, today announced that it entered into an exclusive sales and marketing agreement with Stop N Grow, Inc., a hydroponics store that specializes in indoor and outdoor greenhouses and horticultural products. A soft grand opening for the first Stop N Grow retail store that 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 a focus on its proprietary greenhouses, modular rooms and vertical sliding racks. It is also agreed that certain GreenGro-branded products from its hemp and cannabis operations will also be distributed through this sales channel.
"This exclusive agreement with Stop N Grow will provide us with an entirely new and scalable revenue channel as demand for our turnkey product offerings are expected to continue nationwide," said James Haas, Chairman and COO of GreenGro Technologies, Inc. "We believe revenues from this agreement will begin positively impacting our financial performance by the third quarter of this year with expectations of a healthy growth rate from thereon."
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About GreenGro Technologies, Inc.
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.
For additional information about GreenGro Technologies and its solutions, please visit
(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.)
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