Green Hygienics Holdings Inc. (GRYN) is a full-scope, premium cannabis cultivation company targeting the high-end medical and adult-use recreational market. With more than 25 years of experience in agricultural science and innovation, Green Hygienics is establishing itself as a leader in the advancement of science-driven cannabis cultivation systems. The company will grow by generating revenues from the sales of premium grade cannabis products, developing and licensing valuable IP, making strategic acquisitions, and creating trusted global consumer brands.
Considerations:
- Following the legalization of recreational cannabis in California in January 2018, the cannabis market in the U.S. is expected to balloon to $23.3 billion by 2022.
- The global cannabis market could increase three-fold by 2022 with a projected worth of $32 billion.
- The sector will become increasingly competitive and Hybrid-aeroponics blended with big data and predictive analytics is expected to produce maximum cannabis yields, driving the market for premium cannabis products.
- The vertical farming market, which utilizes aeroponics for growing crops of all kinds, is expected to reach nearly $10 billion by 2025. Innovation and IP within the cannabis sector can be carried over into the urban farming sector.
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