GTSO Targets Assets to Provide Anti-Contamination Services to $2.7 Billion Cannabis Industry
By Business Wire News
By Business Wire News
SAN JOSE, Calif.
Green Technology Solutions, Inc. (OTCBB: GTSO) is working to acquire laboratory assets in the nation’s top cannabis markets in order to provide innovative anti-contamination services to indoor growers and distributors in the fastest-growing industry in the U.S.
“Our ultimate aim is to provide environmentally friendly alternatives to harsh cleansers and pesticides that are currently used in the cannabis industry to keep crops and products pest- and contaminant-free,” said GTSO CEO Wallace W. Browne. “We’re looking to partner with or acquire businesses and facilities suitable for testing and demonstrating the antimicrobial capabilities of the products we plan to launch this year.”
GTSO has plans to offer cutting-edge solutions to satisfy the demand for cannabis producers to guarantee their product purity to retailers and consumers. The company is negotiating marketing and development deals in markets such as Colorado to deliver novel services capable of eliminating germs, molds, bacteria and other harmful pests from crops and facilities in order to reduce costs for growers and increase the consistency and potency of their products.
GTSO has already opened talks with multiple targets and expects to move forward with its partnership and acquisition plans in the coming days.
Due to the industry’s unprecedented growth, GTSO has made increasing its footprint in the U.S. cannabis sector its top priority for 2015. The company recently 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 continues 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 marketing and development opportunities across multiple industries, including but not limited to cannabis, rare earth elements, precious metals and herbal supplements. For more information, visit www.gtsoresources.com/investors.
Notice Regarding Forward-Looking Statements
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.
Green Technology Solutions, Inc.
Wallace W. Browne, 408-432-7285
President and CEO