NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Enters LOI to Acquire Coastal Labs

April 16, 2019 11:54:29

Premium cannabis firm Green Hygienics Holdings Inc. (OTCQB: GRYN) this morning announced its entry into a letter of intent to acquire Coastal Labs. Las Vegas-based Coastal Labs was founded in 2014 by Kavan Thanasith and Travis Chrisman with the intention of providing raw CBD products to CBD merchants under the Coastal Pay umbrella. In 2017, it was recognized by San Diego Business Journal as one of the top 100 fastest-growing private companies. Per the update, Coastal Labs has generated various revenue sources by expanding its network throughout different sectors of the industry, with a focus on sales of seeds, hemp and lab equipment. Through the proposed acquisition, Green Hygienics intends to add “one of the premier labs in North America” to its brand portfolio.

To view the full press release, visit

About Green Hygienics Holdings Inc.

Green Hygienics is a full-scope, premium-cannabis company targeting the high-end medical and adult-use recreational markets. 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 cannabis cultivation systems. The company business model includes generating revenues from the cultivation and sales of premium-grade cannabis products, developing and licensing valuable IP, creating trusted global consumer brands and making strategic acquisitions. For more information, visit the company’s website at

NOTE TO INVESTORS: The latest news and updates relating to GRYN are available in the company’s newsroom at

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information please visit

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published:

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office