Three stores in Orange County sign-up with GrowLife
Company Website:
http://www.growlifeinc.com
KIRKLAND, Wash. -- (Business Wire)
GrowLife, Inc. (OTCBB: PHOT), one of the nation’s most recognized indoor
cultivation service providers, announced the continued expansion of the
GrowLife Retail License Program designed to serve the United States and
Canada. GrowLife is bringing its store-within-a-store retail model to
Southern California in three Light It Up Smoke Shops.
Last November California voters approved the cultivation of up to six
Cannabis plants per residence by adults 21 and over. As a result,
GrowLife expects demand for indoor growing to significantly increase
when the law takes affect in January 2018.
Under the GrowLife brand, Light It Up stores will merchandise and sell
hydroponics equipment and supplies from GrowLife’s supply chain. This
new agreement supports GrowLife’s reach to existing and aspiring indoor
farmers seeking to use resource-efficient hydroponic equipment
throughout Orange County, California.
“GrowLife’s reseller partnership with Light It Up, The Tobacco Stop and
Glass Mahal stores we will enable both companies to serve commercial
cultivators and new indoor farming customers in Southern California,”
stated Mr. Devish Patel, President of Srihari Corp., owner of three
Orange County retailers. “We are preparing for sales growth as the new
consumer laws take affect in January by supporting GrowLife’s retail,
direct and online distribution channels,” continued Mr. Patel.
The GrowLife Retail License Program offers existing retailers of home
supply and Cannabis-related products to provide hydroponic growing
solutions under the trusted GrowLife brand as well as access to its
15,000 product supply chain. Such offerings provide customers with local
access to popular hydroponics products for indoor farming, which
produces about five times the harvest cycles of outdoor farming without
the waste.
“GrowLife’s indoor cultivation solutions promote a healthier use of
precious resources for indoor cultivation. For example, hydroponics save
95% of water used by outdoor farming, which is critical to California’s
limited resources,” stated Mr. Marco Hegyi, CEO and Chairman of
GrowLife, Inc. “We are excited to provide GrowLife offerings through
Light It Up’s three retail stores starting in September. California is
attempting to create the nation's largest legal marijuana economy with a
projected value of $7 billion and GrowLife seeks to support this goal,”
continued Mr. Hegyi.
For more information about GrowLife and GrowLifeEco.com please visit: www.growlifeinc.com.
Additional commentary on the Company as well as the industry is also
provided on Mr.
Hegyi’s blog. Specific financials and corporate actions on GrowLife
(OTCBB: PHOT), can be found in the filings at the SEC
website.
About GrowLife, Inc.
GrowLife, Inc. (PHOT) (www.growlifeinc.com)
aims to become the nation’s largest cultivation service provider for
cultivating organics, herbs and greens and plant-based medicines. Our
mission is to help make our customers successful. Through a network of
local representative covering the United States and Canada, regional
centers and its e-Commerce team, GrowLife provides essential goods and
services including media, industry-leading hydroponics equipment, plant
nutrients, and thousands more products to specialty grow operations.
GrowLife is headquartered in Kirkland, WA and was founded in 2012.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include
information relating to future events and future financial and operating
performance. The words "may," "would," "will," "expect," "estimate,"
"can," "believe," "potential" and similar expressions and variations
thereof are intended to identify forward-looking statements.
Forward-looking statements should not be read as a guarantee of future
performance or results, and will not necessarily be accurate indications
of the times at, or by, which that performance or those results will be
achieved. Forward-looking statements are based on information available
at the time they are made and/or management's good faith belief as of
that time with respect to future events, and are subject to risks and
uncertainties that could cause actual performance or results to differ
materially from those expressed in or suggested by the forward-looking
statements. Important factors that could cause these differences
include, but are not limited to: fluctuations in demand for GrowLife's
products, the introduction of new products, the Company's ability to
maintain customer and strategic business relationships, the impact of
competitive products and pricing, growth in targeted markets, the
adequacy of the Company's liquidity and financial strength to support
its growth, and other information that may be detailed from time-to-time
in GrowLife's filings with the United States Securities and Exchange
Commission. Examples of such forward-looking statements in this release
include statements regarding future sales, costs and market acceptance
of products as well as regulatory actions at the State or Federal level.
For a more detailed description of the risk factors and uncertainties
affecting GrowLife, Inc. please refer to the Company's Securities and
Exchange Commission filings, which are available at www.sec.gov.
GrowLife, Inc. undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170810005385/en/
Contacts:
GrowLife, Inc.
Media Relations/Investor Relations
Marco Hegyi,
866-781-5559
info@growlifeinc.com
Source: GrowLife, Inc.
© 2024 Canjex Publishing Ltd. All rights reserved.