Anaheim, California–(Newsfile Corp. – May 5, 2021) – GreenGro Technologies, Inc. (OTC PINK: GRNH), a longtime supplier of eco-friendly inexperienced applied sciences for the commercial hemp and cannabis industries, in the present day introduced that it has initiated its plan to improve its place within the public markets and improve its visibility to a wider vary of buyers by means of the method of up itemizing from the OTC Pink Market to the OTCQB Venture Market. As a part of this plan, the Company has appointed a brand new PCAOB-qualified auditor and will probably be submitting its software to up listing to the OTCQB to OTC Markets Group, operator of OTCMarkets.com shortly.
The OTCQB Venture Market, operated by OTC Markets Group Inc., is designed for creating and entrepreneurial corporations within the U.S. and overseas. Companies have to be present of their monetary reporting and endure an annual verification and administration certification course of, together with assembly a minimal bid value and different monetary circumstances. With extra compliance and high quality requirements, the OTCQB supplies buyers improved visibility to reinforce buying and selling selections. The OTCQB is acknowledged by the Securities and Exchange Commission as a longtime public market offering public info for evaluation and worth of securities. As a verified market with environment friendly entry for U.S. buyers, OTCQB helps corporations construct shareholder worth with a purpose of attaining a good market valuation. The citation of the Company’s frequent shares on the OTCQB stays topic to the approval of the OTC Markets Group Inc. and the satisfaction of relevant itemizing necessities.
“With significant growth expected across all our divisions, we believe the Company is ready to up list to the OTCQB Venture Market as part of our overall commitment to improving our accountability, transparency and enhancing shareholder value,” mentioned James Haas, Chairman and Chief Operating Officer of GreenGro Technologies, Inc. “We believe that trading on the OTCQB will increase GreenGro’s visibility to the investment community, in particular to small-cap hedge funds and institutional investors and decrease our overall cost of capital as we continue to solidify our position within the growing cannabis and hemp industries,” concluded Mr. Haas.
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About GreenGro Technologies, Inc.
GreenGro Technologies, Inc. (OTC:GRNH) is a vertically built-in supplier of eco-friendly state-of-the-art technological options to the inexperienced industries. The Company is a trusted associate to the cultivation, extraction, manufacturing and retail points of the inexperienced market by means of a mixture of three working divisions: CBD Ventures, Cannabis Ventures and GenoBreeding. Each division is ready to leverage the strengths of the opposite, making a synergistic, environment friendly and extremely worthwhile enterprise mannequin.
(Safe Harbor Act: The Company depends upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public information releases. Statements, which aren’t historic details, are forward-looking statements. The firm, by means of its administration, makes forward-looking public statements regarding its anticipated future operations, efficiency and different developments. Such forward-looking statements are essentially estimates reflecting the corporate’s finest judgment primarily based upon present info and contain a number of dangers and uncertainties, and there might be no assurance that different components is not going to have an effect on the accuracy of such forward-looking statements. It is not possible to establish all such components. Factors which may trigger precise outcomes to vary materially from these estimated by the corporate embody, however will not be restricted to, authorities regulation; managing and sustaining progress; the impact of opposed publicity; litigation; competitors; and different components which can be recognized every now and then within the firm’s public bulletins.)
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