Oregon Cannabis Legislation Opens New Business Opportunities for GTSO

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

New cannabis laws taking effect this month have made the state of Oregon the new frontier in the United States' rapidly expanding "green rush" economy, and Green Technology Solutions, Inc. GTSO is making plans to capitalize on the industry's growth.

Taking cannabis recreationally became legal in Oregon on July 1. The law opens the way for shops to sell cannabis by next year, and many entrepreneurs and business owners have already been making preparations for months and years to meet demand. It's precisely the kind of overheated business environment that's perfect for GTSO to debut its brand-new cannabis products and services.

"We're very pleased, obviously, that the law is changing in Oregon and around the country," said GTSO CEO Wallace W. Browne. "We are engaging potential business-to-business partners and clients in Oregon now, and we're confident that we can help make cannabis production and retailing easier and more profitable for everyone involved."

GTSO is making preparations to deliver upscale and cutting-edge products and services to capitalize on the nationwide boom in the cannabis industry. The company acquired innovative cannabis edibles developer Elevated Industries last month in order to deliver new edible products tailored to increasingly sophisticated cannabis businesses and consumers in Colorado. GTSO is also catering to the rapidly growing business-to-business sector of the state's cannabis economy by working to establish a trusted and reliable cannabis testing lab to help ensure that retailers and their patients can be sure of exactly what they are purchasing.

As the nationwide market for cannabis continues to grow, GTSO plans to keep building new tools to help wholesalers and retailers guarantee their edible products' potency, consistency and safety to their customers.

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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