Galenfeha, Inc. has been engaged by New Green Holdings, Inc. to work on several items related to the Hemp growing and sales business. As part of the transaction, the Company has taken a 10% position in New Green Holdings. New Green Holdings, Inc. plans to cultivate, process and sell Hemp based products throughout the United States by acquiring new and established operations in each division of the process.

The company, New Green Holdings, is headed by Tracy S. Anderson, a serial entrepreneur who has been the main driver of two other corporations in the medical fields. One was successfully sold a number of years ago, and the other is based in Miami, with sales over $70.0 million.