GTSO Formulates New Acquisitions Strategy in $2.7 Billion U.S. Cannabis Industry

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

Green Technology Solutions, Inc. GTSO announced today that the company is beginning a new acquisitions campaign to fill out its asset portfolio with new technology products, services and innovations in the $2.7 billion U.S. cannabis industry.

"The cannabis industry is growing faster than any other in the United States, and that's a trend that could continue for years," said GTSO CEO Wallace W. Browne. "This market is ripe for new breakthroughs, and GTSO is now seeking to build an entire suite of products and services to meet the needs of this fast-growing consumer base."

GTSO is scouting cutting-edge systems and technologies capable of dramatically increasing efficiency in the cultivation, refinement and delivery of cannabis to users and patients in states such as Colorado, Oregon, Alaska and Washington, where demand for the plant has moved state legislatures to allow for new legal marketplaces.

In its mission to capture a share of the blossoming industry, GTSO has already 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.

FOLLOW US:

@GTSO_Solutions

facebook.com/gtsosolutions

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
info@gtsoresources.com

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...