Green Hygienics Holdings Inc. (GRYN)
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Green Hygienics Holdings Inc. Profile
| Drug Manufacturers - Specialty & Generic Industry | Healthcare Sector | Mr. Todd Mueller CEO | OTCQB Exchange | US3930572033 ISIN |
| US Country | 20 Employees | - Last Dividend | 2 Jun 2015 Last Split | - IPO Date |
Overview
Green Hygienics Holdings, Inc. represents a development stage company with its core focus positioned on the cultivation and processing of industrial hemp, aiming primarily to extract cannabidiol (CBD). Previously known as Takedown Entertainment Inc., the company underwent a rebranding phase, changing its name to Green Hygienics Holdings Inc. in July 2012. The institution of Green Hygienics Holdings, Inc. dates back to 2008, establishing its headquarters in Poway, California. A significant point in its history was reached on July 11, 2023, when Green Hygienics Holdings Inc. opted for a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of California. This move reflects the company's desire to manage and potentially overcome financial difficulties, aiming for a structured and orderly reorganization of its financial obligations and business operations.
Products and Services
The principal products and services provided by Green Hygienics Holdings, Inc. can be broadly categorized under the cultivation and processing of industrial hemp, with a laser focus on extracting cannabidiol (CBD). Below is a detailed breakdown of these areas:
- Hemp Cultivation: The company engages in the agricultural practices required to grow industrial hemp. This involves selecting high-quality seeds, employing sustainable farming techniques, and ensuring compliance with federal and state regulations concerning hemp cultivation. The goal is to produce hemp plants with high levels of CBD, which is highly sought after for its potential therapeutic and medicinal uses.
- CBD Extraction: Following cultivation, Green Hygienics Holdings, Inc. focuses on the process of extracting CBD from the harvested hemp plants. This process involves the use of sophisticated extraction methods to separate CBD oil from the hemp plant material, ensuring high purity and quality of the final product. CBD oil is known for its versatility, finding applications in pharmaceuticals, health supplements, cosmetics, and more.
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