GTSO Leadership Seeks Out New Partnerships in $700 million Colorado Cannabis Industry

SAN JOSE, Calif.--(BUSINESS WIRE)--

Representatives of Green Technology Solutions, Inc. GTSO are in Colorado this week, targeting potential partnerships and acquisitions in the state's rapidly maturing legal cannabis industry.

With the Washington Post reporting that Colorado's cannabis industry is forecast to grow from $700 million in 2014 to more than $1 billion in 2016, GTSO is moving quickly to build up its business footprint in the state. This week, the company is scouting cutting-edge businesses, systems and technologies that can aid GTSO in increasing efficiency in the cultivation, refinement and delivery sides of the Colorado cannabis industry.

GTSO is in the midst of a major acquisitions campaign to fill out its asset portfolio with new technology products, services and innovations in the $2.7 billion U.S. cannabis industry. GTSO CEO Wallace W. Browne said on Friday that Colorado is the company's highest priority at present.

"Colorado is the national leader in creating a functional, profitable legal cannabis market," Browne said. "The most innovative companies in the industry are coming here to do business. We plan to count ourselves among them."

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 GWPRF, INSYS Therapeutics, Inc. INSY and ENDEXX Corp. 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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