---
schema_version: "secwatch.filing_event.v1"
accession: "0001393905-23-000408"
form_type: "8-K"
ticker: "GROO"
cik: "0001499275"
company_name: "GROOVY COMPANY, INC."
filed_at: "2023-12-14T23:59:59+00:00"
generated_at: "2026-06-07T12:46:13.052534+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Santo Mining launches Groovy centralized blockchain for cannabis NFT authentication

## Summary
- Company went live with its Groovy centralized blockchain ecosystem on December 13, 2023.
- Platform uses blockchain immutability to authenticate cannabis products via QR codes, combatting counterfeits.
- CEO cites key benefits: higher security, regulatory compliance, customization, and lower cost vs decentralized blockchains.
- Groovy ecosystem includes gamified rewards, tiered points, social media engagement, and retro-themed community features.

## SEC filing metadata
- accession: 0001393905-23-000408
- form_type: 8-K
- ticker: GROO
- cik: 0001499275
- company_name: GROOVY COMPANY, INC.
- filed_at: 2023-12-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499275/000139390523000408/0001393905-23-000408-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499275/000139390523000408/sanp_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001393905-23-000408
- JSON: https://secwatch.observer/filing/0001393905-23-000408.json
- Plain text: https://secwatch.observer/filing/0001393905-23-000408.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.