Job offersmore »

Tweeting Growers

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Exchange ratesmore »

Greengro to explore German marijuana market

Greengro Technologies announces the launch of the company’s strategy to deliver its franchise into the newly legalized European/German market in partnership with Cannabrands AG, an Austrian based private equity company, specializing in cannabis industry investments.

According to a recent article, “An act to legalize the use of marijuana for medicinal purposes was passed by German parliamentarians. They voted unanimously in favor of the new bill, first approved by the country’s cabinet in May 2016. On Thursday, votes were unanimous in favor of the new “cannabis as medicine” law, which will come into effect March 2017.”

The article dated January 20, 2017 continued by stating: “The law was welcomed by parties on both the left and right. Germany will now create a state-regulated program to cultivate the crop for its medicinal use in the future and to ensure its quality. Until then, plants will be imported.” James Haas, CEO of Greengro Technologies, Inc. stated, “This is the moment of opportunity for entrance into the European market. We are determined to develop a strong presence by bringing our first-rate technologies and instruction to our counterparts abroad through comprehensive and thorough training.” In a twofold strategy, Greengro will initially provide extensive training on premises in the US.”

Upon conclusion of the company’s domestic training endeavors, management will be traveling abroad to provide guidance and foundational support in the launch of Germany’s franchise operations. Haas continued, “This is expected to be one of our most advantageous and rewarding endeavors to date. Providing Cannabrands AG with proven intellectual resources developed successfully in advance, the Companies are, in collaboration, positioned to make an outstanding impact in the European territory during the industry’s infancy.”

In preparation for an anticipated surge in demand, this mutually advantageous partnership enables Cannabrands to establish a working model for franchising Greengro’s Vertical Hydrogarden Stores throughout the European territory.

Student Immersion courses for European Agriculturalists are coupled with a campus-like course of study set up for American focused Cannabis growing systems and techniques. Classes are scheduled to begin on April 1st. Upon conclusion, Deutsche Cannabis AG has invited James M Haas to Germany for presentation as keynote speaker at their scheduled board meeting to discuss further investment opportunities including possible acquisitions that Greengro can be instrumental in facilitating.

According to the agreement, Cannabrands will facilitate the marketing efforts needed to engage qualified students for the USA Cannabis Student Immersion study abroad program. Cannabrands will also be responsible for selecting the appropriate European locations for opening Vertical Hydrogarden franchise stores. Greengro Technologies will be providing educational handbooks, tutorials, instructional manuals, and business practices guidelines for Cannabrands AG’s exclusive use in the operation of its European Vertical Hydrogarden franchise stores and the USA Cannabis Student Immersion Program. The original 50/50 structured joint venture partnership has since been revised to a 100% franchise for CannaBrands AG. Management Plans to travel to Germany early April 2017 to assist in the establishment of a suitable location for the launch of its all new Vertical Hydrogarden store in Germany.

For more information
GreenGro Technologies, Inc.
James Haas

Publication date: 2/22/2017



Other news in this sector:

5/22/2017 US (WA): Commissioners explore marijuana greenhouse option
5/19/2017 US: First MMJ crop harvested in Hawaii
5/19/2017 US (FL): Health officials look to halt smokable MMJ
5/18/2017 Ed Rosenthal explains fertigation
5/18/2017 US (FL): Knox Medical looking to expand
5/17/2017 US: Delaware Senate blocks medical marijuana expansion
5/16/2017 US (NJ): Medical Marijuana Panel recommends expanding program
5/16/2017 "Huge losses for Minnesota MMJ producers"
5/15/2017 Help your harvest with a cannabis humidifier
5/12/2017 US (OR): Smart Grow Systems updates MMJ grow light s
5/12/2017 Chilean pharmacies set to start medical marijuana sales
5/11/2017 US: Environmental control systems for increasing cannabis yields
5/11/2017 US (NY): Medical marijuana suppliers sue state
5/10/2017 US (GA): Allen Peake wins medical marijuana expansion
5/10/2017 Canada: Marijuana industry pioneer launches cannabis streaming firm
5/10/2017 Health Canada shares results of MMJ pesticide tests
5/9/2017 US (CA): Native tribe turns casino into MMJ facility
5/9/2017 Australia: The Hydroponics Company appoints John Hall as director
5/8/2017 Trump speaks out on medical marijuana
5/8/2017 US: MedMen's first investment fund raises more than $60 million