UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) March 10, 2021

 

Green Hygienics Holdings, Inc.

(Exact name of registrant as specified in its charter)

 

Nevada

 

000-54338

 

 26-2801338

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

  

13795 Blaisdell Place, Suite 202, Poway, CA

 

92064

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (855) 802-0299

 

_________________________________________

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.below):

 

☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

 

 

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

Item 8.01 Other Events

 

Green Hygienics Holdings Inc. (“GRYN or the “Company”), a Nevada corporation, received a Restricted Appraisal Report (the “Appraisal”) dated March 10, 2021, on the Company’s 824-acre farm property located on Round Potrero Road, Potrero, California. The Appraisal valued the property of $28.07 million dollars, based on the assumption that the renovation on the 392,000 square feet of greenhouses on the property is completed. The estimated cost of completion is approximately $1.4 million dollars.

 

The intended user and client is Green Hygienics Holdings Inc. and the intended use is to estimate the market value for a bond offering or financing.

 

The foregoing description of the Appraisal is qualified in its entirety by reference to the report, a copy of which is filed as Exhibit 10.1, to this Current Report on Form 8-K and incorporated by reference herein.

 

Section 9 – Financial Statements and Exhibits

 

Item 9.01 Financial Statements and Exhibits.

 

(c) Exhibits.

 

Exhibit Number

 

Description

 

 

 

10.1

 

Restricted Appraisal Report

 

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

GREEN HYGIENICS HOLDINGS INC.

 

(Registrant)

 

       

Date: March 10, 2021

By:

/s/ Ron Loudoun

 

 

Ron Loudoun

 
   

President and Chief Executive Officer

 
       

 

 

3

 

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