- New Senior VP of Business Development owned and ran massive North American greenhouse operations of approximately 20 million square feet with annual turnover of over $300 million
- New Senior VP of Corporate Development specializing in effecting private and public mergers and acquisitions and financings as well as Independent Director with experience in finance and banking
- Green Hygienics Holdings owns largest indoor and outdoor hemp cultivation spaces in North America after acquiring Potrero Ranch
Green Hygienics Holdings Inc. (OTCQB: GRYN), an innovative, full-scope, premium hemp cultivation and branding enterprise targeting the high-end medical and adult-use recreational market, appointed four professional managers to its board in line with the company’s efforts to advance its leadership on the exponentially growing industrial hemp market (http://cnw.fm/0oWvU).
Jerry Halamuda, who was appointed new Senior VP of Business Development, Agriculture Division, brings a wealth of management and industry experience, in particular solid expertise at scaling businesses. Halamuda has founded, operated, and managed a large number of prominent and highly successful companies, most notably Color Spot Nurseries, which he founded and served as CEO, president, and COO for almost four decades. Color Spot operated more than 6,000 acres nationwide and its annual turnover exceeded $300 million.
New Senior VP of Corporate Development John Gildea has more than 20 years of experience in the public and private markets, including in negotiating, structuring, and effecting private and public mergers and acquisitions and financings and public and investor relations. His efforts have resulted in a large number of uplistings to higher exchanges and capital raises over the years.
William Creekmur, Independent Director, brings more than two decades of experience in investment and wealth management to Green Hygienics Holdings. He served as vice president and wealth management advisor at Mutual of Omaha Bank, vice president and senior wealth advisor at the Comercia Bank in Greater San Diego, and vice president and financial consultant at Charles Schwab and Co. Inc.
Finally, new advisory board member Edwin Stoughton a long-time principal in Demcon Concrete has four decades of experience in sales, marketing, development, consulting, and construction management. Throughout his career, has built highly successful construction and development companies, and acquired significant direct experience in consensus management, team building and constructive conflict resolution.
According to Green Hygienics Holdings CEO Ron Loudoun, each of the four professionals joining the team adds considerable value to the company’s growth strategy. “The industrial hemp industry is paced for revolutionary progress, and I am pleased to welcome these gentlemen as we compete in this incredible market,” he said.
A Research and Markets report indicates that the global industrial hemp market is projected to grow from $4.6 billion in 2019 to $26.6 billion by 2025, recording a CAGR of 34 percent. The increase will be mainly driven by factors such as widespread legalization of industrial hemp cultivation and the growing use of hemp seed and hemp seed oil in different food and medical applications.
Green Hygienics is positioned as a leader on the global hemp market as it owns the biggest indoor and outdoor cultivation facility in North America at the moment. The company recently completed the acquisition of the 824-acre Potrero Ranch with approximately 400,000 square foot land that will be used for greenhouse cultivation (http://cnw.fm/WDd2M). In comparison, the average-size hemp farm in North America is around nine acres.
Pros of indoor hemp flowers are that they are more resinous with denser buds and smell and taste better. On the other hand, outdoor hemp is grown under the sun, due to which it has better market value and a higher CBD content. It is also highly sustainable as its carbon footprint is less (http://cnw.fm/oL3Iw). Green Hygienics offers the best of both outdoor and indoor. Due to its size, it has a secure and safe product source that no other company can currently offer.
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 hemp cultivation systems. The company will grow by generating revenues from the sales of premium grade hemp products, developing and licensing valuable IP, making strategic acquisitions, and creating trusted global consumer brands.
For more information, visit the company’s website at www.GreenHygienicsHoldings.com
NOTE TO INVESTORS: The latest news and updates relating to GRYN are available in the company’s newsroom at http://cnw.fm/GRYN
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