Source:  Greengro Technologies Press Release, Aug 18 2014

 Greengro Technologies (PINKSHEETS: GRNH) announces today that it has entered into an exclusive contractual relationship with Cannabis Ventures to provide all design, grow systems and management services to address the growing pipeline of projects across North America. Tricor Mechanical, a recent acquisition by the company, to provide construction expertise for all projects.

The company has projects in the process of being approved that directly addresses the Canadian Healthcare MMPR license program; a large dispensary slated to begin in Arizona; as well as build projects in Washington and Colorado. All projects required the convergence of expertise in the fields of design, construction and management to bring them to full completion. The symbiotic relationship between the company, Cannabis Ventures and Tricor Mechanical, allow for these types of projects to be managed from early inception all the way through to project launch.

“We have worked to assemble world class capabilities that address the most pressing needs of the Medical Marijuana and recreational cannabis markets in North America and it is with great enthusiasm for all parties involved that we see the fruits of our labor beginning to take shape,” states James Haas, CEO, Greengro Technologies. He goes on to say, “When we made our investment into Cannabis Ventures we anticipated the burgeoning Canadian market exploding with opportunity but we realized that our product and service capabilities were not well rounded enough to fully address the opportunities that would materialize from the MMPR program, as well as other projects in the pipeline. We set out to address the holes in our offerings with the recent acquisition of Tricor Mechanical. Now we feel that our capabilities address every aspect from design to implementation for current as well as future projects.”

All three companies involved will continue to dedicate resources to further develop the collaborative contractual relationships and will seek large scale opportunities where the joint capabilities of all involved can be utilized to maximize revenue and profitability.

About Greengro Technologies
Geengro Technologies (PINKSHEETS: GRNH) 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.

About Cannabis Ventures, Inc.
Cannabis Ventures (CVI) was organized for the purpose of developing leading scientific processing to cultivate a bio-medical grade Cannabis plant featuring a higher concentration Cannabidiol (CBD) value with natural healing powers. The team, along with expert consultants which have specific domain expertise in pharmaceutical sciences (medicinal chemistry of natural products) and herbal pharmacology. Cannabis Ventures plans to supply the medical marijuana market along with alternate medicinal supply for global market for highly enriched plant concentration of Cannabidiol.

About Tricor Mechanical
Tricor Mechanical, Inc. is an emerging provider of quality General Contracting and self performing mechanical HVAC/Electrical contract service to the construction industry. We specialize in commercial, industrial, municipal, alternative energy, design build and tenant improvement construction, as well as having considerable experience in project management and labor/material supply

Disclaimer: 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 a number of 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.

Greengro Technologies, Inc.
James Haas
714-441-1408 Office
714-441-1409 Fax
Email Contact

Source: Marketwired (August 19, 2014