Item 1.01 Entry into a Material Definitive Agreement

On August 20, 2021 (the "Agreement Date"), Green Hygienics Properties, LLC ("GHP") executed a Purchase and Sale Agreement (the "PSA") to acquire 95,625+- acres, located in Lincoln County, North Carolina (the "Lincoln Property"). Green Hygienics Holding, Inc. ("GRYN" or the "Company") is the sole member of GHP, and Mr. Loudoun, the Company's CEO is the Manager of GHP.

The property located just outside of Charlotte, North Carolina, includes approximately 170,000 square feet of industrial buildings. The Company will utilize the Lincoln Property to launch its industrial hemp manufacturing division, with a goal to produce hemp derived food grade products and fiber for textiles. North Carolina leads the nation in total value of textile manufacturing and exports with over $2 billion in textile exports in 2019.

Pursuant to the PSA, the closing for the purchase of the Lincoln Property is to occur on or before October 31, 2021, subject to due diligence, for a cash payment of $2,400,000, of which $25,000 has been put into an escrow account. The foregoing description of the PSA does not purport to be complete and is qualified in its entirety by reference to the full text of the PSA, a copy of which is filed as Exhibit 10.1, to this Current Report on Form 8-K and incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.





(c) Exhibits.



Exhibit
Number     Description

  10.1       Purchase and Sale Agreement





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