After several months of market research and a recent tour of Colorado’s cannabis industry, Green Technology Solutions, Inc. (OTCBB:GTSO) is targeting ground-floor opportunities in providing services to ensure the delivery of contaminant-free horticultural products to retailers and distributors there.
Seeking to acquire cutting-edge testing procedures and innovative new treatment products, GTSO has opened discussions with several successful Colorado operators looking for durable, proven processes to deliver consistent, microbe-free products to their customers. It’s an emerging need that the company is developing innovative new solutions to solve.
GTSO is lining up several new products that will serve the demand for producers to guarantee their product purity to consumers. The company is negotiating product acquisitions and partnerships within Colorado and without to deliver novel services within America’s fastest-growing industry.
Industry experts ArcView Market Research announced recently that the U.S. market for legal cannabis grew 74 percent last year to a value of $2.7 billion, up from $1.5 billion in 2013. If trends continue, ArcView forecasts that 14 more states will allow adult-use cannabis over the next five years. Just this week, a new cannabis bill was introduced into the Vermont state legislature.
GTSO has already begun to acquire and develop new assets and partnerships in the rapidly growing industry. The company has acquired emerging horticultural innovator Mother Parker’s Soil and formed a joint venture with cannabis edibles developer Elevated Industries in order to deliver new products tailored to cannabis businesses and consumers. The company will continue to scout for new opportunities to acquire the “next big thing” in America’s next big industry.
About Green Technology Solutions, Inc.
Green Technology Solutions, Inc., which provides business support, delivery system products and horticultural technology support, continually introduces new products and services, enabling it to compete alongside GW Pharmaceuticals (OTCBB: GWPRF), INSYS Therapeutics, Inc. (NASDAQ: INSY) and ENDEXX Corp. (OTCBB: EDXC) and others in a booming industry expected to be $10 billion by 2018. A growth-oriented company, Green Technology Solutions Inc. (GTSO) explores the fast-growing cannabis market for resources, including but not limited to rare earth elements, precious metals and herbal supplements. For more information, visit www.gtsoresources.com/investors.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information 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, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Contacts:
Wallace W. Browne, 408-432-7285
President
and CEO
info@gtsoresources.com
