- Global legal marijuana market to reach $146.4 billion by 2025
- Aeroponic systems produce higher quality at lower cost
- Green has low-cost aeroponic cannabis cultivation system
The global cannabis market is proving to be a precocious new kid on the block. In 2010, respected Harvard economist Jeffery Miron conservatively estimated the U.S. marijuana market to be around $14 billion. Back then, just 11 states – Arizona, California, Hawaii, Michigan, Montana, Nevada, New Jersey, New Mexico, Rhode Island, Vermont and Washington – had legalized medical marijuana, and no state had legalized adult recreational use. However, in April 2018, a report from Grand View Research estimated that the value of the global legal marijuana market – medical and recreational – would reach $146.4 billion by the end of 2025 (http://nnw.fm/9J7fb). Such growth, if realized, would certainly merit the marker of maturity. As the market grows and competition intensifies, efficiency in cultivation and production methods will be a crucial aspect of the value chain, making cost-effective grow solutions like those offered by Green Hygienics Holdings Inc. (OTC: GRYN) increasingly important.
Green Hygienics is a full-scope, premium cannabis cultivation company targeting the high-end medical and adult-use recreational markets. Its strategy revolves around hygienics, the science of preserving and promoting the health of individuals, communities and the planet. Green Hygienics entered the commercial indoor cultivation industry in 2015 and is currently seeking contracts to build marijuana-growing operations utilizing aeroponics, the optimal method for cultivating cannabis.
Essentially, there are three distinct methods of indoor cultivation. For flowers and shrubs, peat-based soil mixtures for roots are best. For wet-weight produce, such as tomatoes, peppers and cucumbers, hydroponics, where the roots are immersed in nutrient-rich liquids, is ideal. However, for dry-weight produce, such as leafy greens, herbs and cannabis, aeroponics, where the roots hang in air permeated by a mist of nutrients, is best. This is Green Hygienics’ forte. The company has developed expertise in aeroponics, and its proprietary aeroponics cultivation system provides a direct feed to plant roots in an enclosed system. A centralized monitoring system ensures that the right temperature and the optimal mix of nutrients is delivered continuously and consistently to plants. This results in benign growing conditions, superior quality and superior yields.
There are many advantages to aeroponics systems. Since they operate in a controlled, protected environment, they escape attack from pests and contamination from toxic agents. In addition, they typically enable faster growth, higher yields and superior quality; are easily scalable; and provide crops that are easier to harvest. They also reduce labor cost, costs of nutrients, grow area and water requirements. Through Green Hygienics’ earlier acquisition of some very important technology, the company has the capacity to become a low-cost producer. Its production cost per gram is estimated to be under $1, while direct competitors cultivating a higher-end indoor product will generally have costs in the range of $2 to $4.
Green Hygienics is establishing itself as a leader in the advancement of science-driven cannabis cultivation systems with the objective of providing the medical and recreational markets with the best possible product and experience. The company aims to grow by generating revenues from the cultivation and sales of premium grade cannabis and derived products, developing and licensing valuable intellectual property assets, making strategic acquisitions and creating trusted global consumer brands.
For more information, visit the company’s website at www.GreenHygienicsHoldings.com
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