Greengro Technologies and Cannabrands AG Joint Venture Launches \’Vertical Hydrogarden Europe\’

“GreenGro Technologies”
Introducing American Industrialized Controlled Environment Agriculture (CEA) Techniques and Grow Systems Into the European Marketplace

ANAHEIM, CA — Greengro Technologies, Inc. (OTC PINK: GRNH), a world-class provider of eco-friendly green technologies, today announced its joint venture agreement with Cannabrands AG, an Austrian-based private equity company specializing in cannabis industry investments. Cannabrands is listed on the Berlin Stock Exchange under ticker symbol: (BERLIN: JPK1:GR).

The joint venture is based on the franchising of GreenGro subsidiary Vertical HydroGarden, a premier U.S. retailer of year-round hydroponic supplies. Vertical HydroGarden, Inc., which supports businesses in the field of controlled environment agriculture (CEA), is the industry-leader in modular automated hydroponic grow-rooms, portable grow-containers, greenhouses, hydroponic and aquaponics supplies and cultivation consulting services.

“Together with our storefront Vertical Hydrogarden franchises appearing throughout Europe, this joint venture initiates a project offering ‘student immersion’ courses for Europeans to take advantage of a campus-like course of study in the U.S. focusing on CEA growing systems and techniques in anticipation of expected worldwide growth of the legalized cannabis market,” said James Haas, CEO of Greengro Technologies, Inc.

GreenGro Technologies 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.

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