Los Angeles, CA, October 28, 2015 (Newswire.com) - Hemp & Cannabis Pioneers Asquith and Saxton Launch Green Gorilla, Inc.
Hemp & Olive CBD Infused Goods are Initial Product Line to be Rolled Out
Steven Saxton noted, "Green Gorilla is focused on building one of the nation's first major hemp & cannabis brands." Philip Asquith added, "The company is currently operating only in sectors of the industry that are federally legal, with plans to expand into a fuller range of operations pending legislative progress in the federal legalization of cannabis for both medical and recreational use."
Steven Saxton, Co-Founder & Co-Chairman, Philip Asquith, CEO and Co-Founder of Green Gorilla, Inc.
Los Angeles, CA (October 28, 2015) – Philip Asquith and Steven Saxton are pleased to announce the formation of Green Gorilla, Inc., an international brand targeting the hemp & cannabis industry. The company is committed to ethically providing the highest quality products and services in the field.
Green Gorilla’s initial product line, Hemp & Olive, consists of supplements, cosmetics, and pet care products infused with 100% pure & organic cannabidiol (CBD). CBD is the most medicinal component of the cannabis/hemp plant, yet it has no psychoactive properties and is legal in the US. Once fully launched, Hemp & Olive will be the most comprehensive CBD product lines, internationally.
Hemp & Olive's products are all 100% organic, non-GMO, plant based, raw, vegan, gluten free, sugar free, Kosher, Paleo, macrobiotic, and infused with plant based, pure & organic cannabidiol (CBD). These products will make their consumer debut via Green Gorilla’s proprietary web portal which will go live in conjunction with a future free-standing press announcement later this fall at: www.ilovegreengorilla.com.
Philip Asquith is a successful serial entrepreneur and venture capitalist, having launched multiple businesses in a range of industries over his professional career. Prior to his current position as co-founder & CEO of Green Gorilla, Inc., Mr. Asquith co-founded and managed Green Capital Investments, Inc., a structured finance group working primarily in renewable energy. GCI managed the structured finance of over $10 Billion in projects, working out of offices in Los Angeles, Paris, and Moscow.
Steven Saxton has been involved with film, music and fashion for the past 30 years. Mr. Saxton has worked as a Producer, Manager, Agent, Distributor, Label Executive and Financier in the Entertainment Industry. He has Executive Produced or co-financed 42 films that have accumulated 196 Nominations and 107 Wins and have grossed over $1.6 Billion worldwide, including Lone Survivor, 2 Guns, and The Kids Are All Right.
Steven Saxton noted, “Green Gorilla is focused on building one of the nation's first major hemp & cannabis brands. As laws ease, Green Gorilla's operations could expand to include virtually every aspect of the cannabis industry, such that Green Gorilla would be the only name that consumers need to know for all their cannabis needs.”
Philip Asquith added, “The company is currently operating only in sectors of the industry that are federally legal, with plans to expand into a fuller range of operations pending legislative progress in the federal legalization of cannabis for both medical and recreational use.”
Green Gorilla is a privately held company focused on the intelligent deployment of capital in the hemp & cannabis industries. Green Gorilla prides itself on being an eco-friendly, sustainable, and ethical company, and to bringing conscious choices to today's more aware consumers in an industry that is often plagued by environmental and ethical concerns.
About the Company Principals: Prior to his new role as co-founder & CEO of Green Gorilla, Inc., Philip Asquith co-founded and managed Green Capital Investments, Inc. GCI’s projects included wind-energy farms, biomass-energy facilities, and municipal waste-energy facilities. Mr. Asquith is 38 years old, and lives in Ojai, CA, on a certified organic permaculture ranch where he produces an award winning extra virgin olive oil under Ojai Olive Oil, Inc. Ojai Olive Oil was recently recognized as one of the world's top olive oils, and Mr. Asquith awarded the title of “Master Miller”.
With over 30 years of experience, Steven Saxton is a successful serial entrepreneur and highly regarded expert in corporate structuring, private equity, public companies, corporate refinancing, and capital raising for startups. Mr. Saxton has been the lead negotiator for numerous partnerships, mergers, acquisitions and rollups for private and public companies. Mr. Saxton was a former investment banker, as well as a stock and commodities broker. Mr. Saxton is the Founder, and Co-Chairman of Green Gorilla. Mr. Saxton is 52 years old, and currently resides in Malibu with his wife and daughter.
About Green Gorilla: Green Gorilla is building an international brand in the hemp and cannabis industry. The company’s mission is to provide sustainable and ethical goods and services to a broad range of customers, with a primary focus on health and wellness. While federal policy is developing, the Company will operate only in areas that are unequivocally federally legal, primarily focusing on the industry's picks and shovels, including the sale of a multitude of market leading product lines and the operation of a state of the art web portal. Green Gorilla prides itself on being an eco-friendly, sustainable, and ethical company. Green Gorilla was established in 2013, founded by Philip Asquith and Sir Steven Saxton.
Green Gorilla, Inc. | 7080 Hollywood, Blvd., Suite 1100 | Los Angeles, CA 90028 | 323.452.5919
FORWARD-LOOKING STATEMENTS This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that all forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by the Company or any other person that the objective and plans of the Company will be achieved.