Green Hygienics Holdings Inc. (GRYN) ESG Report
Ron Loudoun Chief Executive Officer Green Hygienics Holdings Inc. Green Hygienics Holdings Inc. operates in an evolving industry. In 2018 the Agricultural Improvement Act (or Farm Bill) authorized the production of hemp and removed hemp and hemp seeds from the DEA’s schedule of controlled substances. With the emerging industry looking so promising, considering a multitude of uses and health benefits the hemp plant offers, many farmers and entrepreneurs flooded the space. Green Hygienics recognized this early on, setting out to create a large-scale secure supply chain as a fundamental premise to our business model. We conducted a thorough risk analysis to identify and mitigate environmental, social and governance risks in all stages of our supply chain and see this as the foundation to long-term sustainability. As a company with a dynamic growth model we are constantly evolving, but we are crystal clear on our vision and responsibility to our shareholders and stakeholders, as well as our mission to preserve and promote the health of individuals, communities, and the planet. Relying on outsourcing a particular stage to a company that has no track record means that some companies will fail, potentially putting other reliant companies at risk. Providing the safest, most effective organic hemp- derived product portfolio to consumers starts with treating our environment with respect. Sustainability is woven into the very fabric of our business principles which empowers our team to genuinely address economic viability, eco-responsibility, and social equity in our growth model. This inaugural report demonstrates our progress and outlines our goals of advancing a more sustainable future. What followed was the demise of many promising companies simply because they did not understand the basics for successful hemp cultivation or further did not control their own supply chain and could not deliver products with any efficacy. The costs associated with entering the hemp industry as a fully vertically integrated entity are immense and time-intensive, therefore many companies relied heavily on outsourcing certain stages of production. LETTER FROM OUR CEO
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