SAN DIEGO, June 24, 2021 (GLOBE NEWSWIRE) – via InvestorWire – Green Hygienics Holdings Inc. (OTCQB: GRYN) (“Green Hygienics” or the “Company”) announces today that it has entered into an Exclusive Sales and Distribution Agreement for Mexico and Central America with Inter Cargo and ABA Cargo, two sister companies with a successful 50-year history in sales and distribution in Mexico and other Latin American countries.
Under the terms of this agreement, Inter Cargo and ABA Cargo will implement their expertise in sales, marketing, logistics and retail for the distribution of the Company’s full line of premium CBD products and a line of cannabis cigarettes comprised of multi-brand brands. Retail ready SKUs made in the United States in a Food and Drug Administration (FDA) approved manufacturing facility.
Inter Cargo and ABA Cargo are connected to 37 major chain stores, 18 department store chains and 49 specialty chains. Together they contribute to 32,192 points of sale in Mexico alone, with additional active relationships in several other Latin American countries.
Amazon, Nissan, Unilever, and Walmart, to name a few, are some of the two companies’ top customers. With headquarters in Mexico City and branches in Laredo, Texas, San Diego, Los Angeles, Aguascalientes and Toluca in Mexico, Inter Cargo and ABA Cargo created an efficient multinational distribution and logistics network.
“We are very pleased to have this agreement in place for the large-scale strategic distribution of our high-quality, safe and highly differentiated CBD cannabis products. The signing of an agreement with our new partners, who have more than 50 years of history in the retail segment in Mexico, allows us to take advantage of a network of leading retailers, which presents Green Hygienics with a market positioning opportunity to have a retail presence in the largest emerging cannabis market in the world, “said Kyle MacKinnon, COO of Green Hygienics.” After proving the concept with our ability to grow on our property, the largest certified organic CBD cannabis farm USDA in North America, and through recent acquisitions, we shifted our focus to sales and distribution to generate revenue for the Company. This agreement represents a clear way forward to bring value to our shareholders. “
Acerca de Green Hygienics Holdings Inc.
Green Hygienic Holdings Inc. (OTCQB: GRYN) (“Green Hygienics” or the “Company”) is an innovative California-based company, driven by technology and focused on the cultivation and processing of high standard industrial cannabis and manufacturing of bioactive pharmaceutical grade cannabinoids. The Company’s corporate mission is to meet the highest standards of operations in consistently delivering premium quality and safe products to consumers, as well as partnering with CPG (consumer packaged goods) and pharmaceutical companies.
Hygiene is the science of preserving and promoting the health of people, communities and the planet.
For more information about Green Hygienics Holdings Inc., visit the Company’s website at: http://www.greenhygienics.com/
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CAUTIONARY STATEMENT ON PROSPECTIVE STATEMENTS
This document contains forward-looking statements. In evaluating these forward-looking statements, you should consider several factors, including our ability to change the direction of the Company; our ability to keep pace with new technologies and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.
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