Is Green Hygienics Holdings the Hemp Stock You’ve Been Waiting for?

Our analysts have just identified an exciting new company today in the hemp space with some favorable real estate holdings and good PR. This hemp stock also has solid exposure to the Latin American markets and Mexico. Enter Green Hygienics Holdings Inc. (OTCQB: GRYN). We like this particular stock as a watch list play and a long term hold – But is Green Hygienics Holdings the hemp stock you’ve been waiting for?

Related: 3 Best Hemp Stocks for 2021

California-based Green Hygienics Holdings is an innovative technology driven enterprise focused on the high standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical grade bioactive cannabinoids. The GHH mission is to adhere to the highest standards of operations in consistently delivering safe and premium quality products to consumers as well as to partnering CPG and pharmaceutical companies.

They are also vocal about their ESG framework – which is pretty neat considering the wave of investment funds and flows going into ESG investing.

They also have some high quality real estate that they own in the USA and in their company page, they state the value of the real estate holdings to be approx $27 million. This is fascinating because a year or so ago the stock was trading for exactly only the value of their real estate. Today the market cap is around $75 million. Additionally, their transparency with regards to ESG is pretty fascinating… all found in their annual report.

Hemp, we believe, has just as big of an upside potential (if not more) as some of the pure cannabis plays.

What is the Technical Analysis for Green Hygienics Holdings Telling Us?

Is Green Hygienics Holdings the Hemp Stock You've Been Waiting for?

As you can see, Green Hygienics Holdings looks bullish and pretty constructive. It’s a longer term play and as long as we stay above $1 we like this a lot.

For good reason, investors have concerns at times with new names. Also there is always the concern with share dilution if they raise capital that way. Investors will have to monitor this hemp stock. Bottom line is that we like it as a watch list name and a long term play. But, what about Green Hygienics Holdings in the news?

Green Hygienics Holdings Inc. Signs Exclusive Sales and Distribution Agreement for Mexico and Central America with Inter Cargo and ABA Cargo

“We are excited to have this agreement in place for strategic, wide-scale distribution of our highly differentiated, safe and superior quality CBD hemp products. Entering into an agreement with our new partners, who have more than 50 years of history in the retail business in Mexico, allows us to tap into a network of leading retailers, presenting Green Hygienics with a first-to-market opportunity to have a retail presence in the largest emerging cannabis market in the world,” stated Kyle MacKinnon, COO of Green Hygienics. “After proving concept with our ability to cultivate at our property, the largest single USDA Certified Organic hemp for CBD farm in North America, and through recent acquisitions, we have shifted focus to sales and distribution to create revenue for the Company. This agreement represents a clear path forward to bring value to our shareholders.”

Source

Green Hygienics Holdings Inc. (GRYN) Executes Agreement with Cinvestav, the Leading Mexican Academic Research Institution, to Advance Research Targeting Endocannabinoid System (ECS) Deficiencies

Dr. Luisa Lilia Rocha Arrieta, Ph.D., M.D., a top research investigator at the Department of Pharmacology at Cinvestav, said, “The treatment of chronic pain has relied heavily on opioids, despite their potential for addiction, overdose and the fact that they often don’t work well when used on a long-term basis. There’s an urgent need for more effective and safer options. These new collaborative research projects, like we’ve established with Green Hygienics, will investigate substances derived from hemp that don’t have psychoactive disadvantages, looking at their basic biological activity and their potential mechanisms of action as endocannabinoid system (ECS) modulators.”

Source

Green Hygienics Holdings Inc. (GRYN) to Become First Hemp Company to Develop ESG Report Using SASB Framework

“Our financial and operational performance and key strategic objectives are dependent on our relationships and understanding our environmental impact. Our ESG Report will set key performance indicators and provide coherent information useful to our stakeholders,” states Ron Loudoun, CEO of Green Hygienics.

It is perfect timing for Green Hygienics to contribute to this growing regulatory landscape and embrace the principles of ESG reporting, as reflected by Nasdaq’s recent launch of a new ESG datahub. James McKeone, vice president and head of European Data at Nasdaq stated, “Nasdaq ESG Data Hub responds to the growing demand for more specialized and high-quality data, helping investors to make more intelligent and well-rounded investment decisions.”