GRNX Global (grnx-global)

GRNX Global

Transforming global grain trade with integrated solutions that optimize markets, improve efficiency, and unlock new value. https://grnx.global/

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Dominion Blockchain Solutions Limited ("Dominion") today announced its rebranding to GRNX Global ("GRNX") to better align with its strategy of providing integrated, user-friendly solutions that allow Canadian grain farmers and grain buyers to interact more effectively and both benefit financially. GRNX Global's comprehensive solution captures detailed grain data at every stage of the supply chain, including storage locations, valuable grain characteristics, moisture level, market pricing, transportation logistics, and delivery information. By consolidating this valuable data, GRNX creates a trusted digital grain contract - which results in optimal pricing for farmers and no surprises at delivery for grain buyers. Importantly, the GRNX data records provide Canadian farmers who utilize environmentally beneficial practices, such as regenerative and organic farming, with essential verification for premium pricing and carbon credits.

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GRNX Global (“GRNX”) today announced the signing of a memorandum of understanding (MOU) to acquire five established Canadian grain services companies. The proposed acquisitions will form the foundation of an integrated digital platform designed to help Canadian grain farmers and licensed grain buyers sell and purchase more efficiently — with improved pricing, transparency, and ease of use. The five targeted companies include leading firms in grain sampling, brokerage, logistics, and grain storage leasing. Together, they represent a combined valuation of approximately C$108 million and will serve as the core infrastructure for the GRNX end-to-end grain management solution, subject to definitive agreements and financing.

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Grain Bag Mapper, a division of GRNX GLOBAL has officially launched operations, offering leasing combined with a bag recycling service for field storage grain bags. Grain bags offer cost-effective grain storage to accommodate temporary storage requirements without tying up capital in grain bins. Designed to meet the evolving storage needs of farmers and grain producers, Grain Bag Mapper brings convenience, scalability, and peace of mind during peak harvest seasons. Leasing grain bags releases producers from environmental plan related requirements being imposed by lenders. The built-in recycling feature is also convenient, with Grain Bag Mapper picking up the used bags. Producers also have the option of bringing the bags to a collection point and receiving a credit towards future bag purchases. “With the cost of hard on-farm storage continuing to rise, coupled with environmental plan requirements from lenders, grain bag leasing is an attractive alternative,” says Jason Dearborn, CEO of GRNX Global.

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Jason Dearborn, CEO of GRNX Global, commented: “Our goal is to unify these capabilities into a powerful, easy-to-use platform that enables Canadian grain farmers and buyers to connect directly, anytime and anywhere. With this MOU, GRNX is laying the groundwork to modernize grain trade and finance in Canada from the ground up.” Chevy Johnston, CEO of Johnston’s Grain, added: “We’re excited to work with GRNX Global to extend the reach and effectiveness of grain brokerage. We’ve seen firsthand that farmers who use brokerage services typically earn 1% to 5% more on their grain sales. By integrating trusted data into every transaction, we’re improving outcomes for both farmers and buyers.”

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