GENH's Q1 HIGHLIGHTS
-Announces First Bitcoin Mining Collaboration
-Will Use Hemp Biomass to Create Biofuel for Bitcoin Operations -Gas Monkey Brand Hemp Hurd Spill Absorbent Product Line In Production GENH's BITCOIN MINING PROJECT COULD BE A MAJOR CATALYST
- Bitcoin is a driving force. It remains priced just north of
- GENH's partner,
- GENH is controlling 85% owner of the new Joint Venture. It has been formalized with an executed LOI between the two companies.
- The mining operation will be augmented with power using hemp biomass as feedstock for biofuel and complemented by solar energy backed up by traditional grid electricity from a local utility.
- The first plant is in the process of being launched. Plans are to install up to a two-megawatt modular plant. Plans are to locate the plant at GENH's Halcyon
Acquisition's (a GENH subsidiary) 48,000 sq. ft. warehouse and manufacturing facility in
- This first small-scale project is designed to be the forerunner of the team's plans to build similar complexes based on the same operating model in other areas of the country.
He said the first is located in business-friendly western
GENH's GAS MONKEY DEAL WILL DRIVE REVENUE
- GENH is a diversified, multiple revenue stream company. It also receives revenue from real estate it owns and leases to companies that need hemp seed and storage facilities within the greater
- The company announced a deal with Gas Monkey Brand in Q1.
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-In a test using 150mL of motor oil, the hemp absorbent material was added to the media and allowed to saturate overnight.
? Hemp Hurd absorbed 235% of its weight.
? Kitty litter (a commonly used absorbent media) absorbed only 5%
? Brand name industrial oil absorbent absorbed 55%.
Reasons To Invest In GENH:
- GENH has access to the public markets to fund future M&A.
- Plans to acquire larger and well-positioned privately held companies already established in their specific sectors of the hemp industry;
- An up list to a national exchange for GENH to a national exchange would give the Company additional exposure and market awareness as a hemp pure play for both the institutional and retail investor community;
- Company has already built established investment banking relationships with a number of financial institutions.
- Can apply its focus on agricultural, midstream, and industrial basis as a
Keep GENH stock on your
For more information, go to genhempinc.com
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