The identification in this press release of factors that may affect the company's future performance and the accuracy of forward-looking statements is meant to be illustrative and by no means exhaustive.Stocks: Real-time U.S. The actual results could differ materially from a conclusion, forecast or projection in the forward-looking information. These statements and all the projections in this press release are subject to risks and uncertainties and are based on the beliefs and assumptions of management, and information currently available to management. The use of words such as "believes", "expects", "anticipates", "intends", "plans", "estimates," "projects", "forecasts", "proposes", "should", "likely" or similar expressions, indicates a forward-looking statement. This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
In addition, Generation Hemp also owns and leases real estate to companies needing seed storage facilities located within the greater Denver area. In the hemp industry, the company uses its proprietary technology to dry, clean, process and store hemp. Hemp operations are located in western Kentucky and Denver, Colorado. Bitcoin operations are located in Costa Rica, with future development plans in Arkansas and Kentucky and other Costa Rica locations. is a Dallas/Fort Worth based sustainable asset company with operations in both the Bitcoin mining industry and the hemp industry. (f/k/a Generation Hemp, Inc)Įvergreen Sustainable Enterprises, Inc. Considering our hemp hurd animal bedding has now seen an increase in revenues that hit a YTD increase of 654% as of March 30 th, we see that the public is continuing to support our goal of sustainability as well."Ībout Evergreen Sustainable Enterprises, Inc. Mastercard already has 89 blockchain patents.Įvans went on to say, "With our two existing hemp hurd product lines, Rowdy Rooster Hemp (animal bedding) and Gas Monkey Spill-Jack (spill absorbent), we also continue our efforts to bring green sustainable choices to consumers of our products. Visa and Mastercard - the two largest payment platforms worldwide, have decided to incorporate this technology into a number of products. Large and powerful institutions like JP Morgan, HSBC, Goldman Sachs, BlackRock and Fidelity have started investing and using blockchain as a part of their operations.Īmazon Web Services is integrating blockchain to provide high-powered solutions to corporations, institutions, and governments.
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With a seasoned team already managing hemp operations, the choice was made to reallocate a portion of the company's resources to the Bitcoin mining opportunities we continue to develop, while also exploring how to utilize hemp and other sustainable sources for green energy where it's urgently needed, given climate considerations. A unique and untapped niche in the Bitcoin mining space, along with fortuitous timing with a downturn in the overall markets for cryptocurrency, created a unique opportunity that we were positioned to capitalize on with existing management expertise.
The research and development of using hemp for greener Bitcoin mining led to a discovery of additional, valuable opportunities for the company and our shareholders.
This new name more broadly and explicitly reflects our mission and defines what we are doing and plan to do in the future." We see the continued development in sustainable industries to be a climate changing event and in the best interest of our shareholders. commented, "The changes we have announced today are significant from a future direction and diversification perspective. Evans, Chairman and CEO of Evergreen Sustainable Enterprises, Inc. Generation Hemp, Inc., Thursday, March 30, 2023, Press release picture
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