As U.S. states shift in favor of cannabis legalization, industry
leader in indoor cultivation products innovates solution for 80% of
plant materials currently going to waste
KIRKLAND, Wash. -- (Business Wire)
GrowLife,
Inc. (PHOT) (“GrowLife”), one of the nation’s most recognized indoor
cultivation service and product providers, today announced that it has
filed a provisional patent with the U.S. Patent and Trademark Office
(USPTO), through its wholly owned subsidiary GrowLife Innovations, on an
novel process to repurpose waste plant materials into building materials
and other products for use in indoor cultivation centers.
The patent, which specifically addresses waste materials from plants of
the cannabis family following extraction of oils used to make consumer
products, provides for a process of manufacturing left-behind fibrous
plant materials into polymer composites. A commonly known
fiber-reinforced composite is fiberglass, among many others.
“This proprietary process will provide the entire industry with a
sustainable solution to a problem that is only going to get worse as
demand for plant-based products increases which has barely been
identified and will have a huge impact on profitability of cultivators
in the future,” said Marco Hegyi, CEO of GrowLife. “Cultivators are
being held responsible for disposal of these used plant materials at a
great cost to them with little to no options for reuse of the materials.
This patent will help us to continue to meet the needs of our customers
while furthering our mission of helping them maximize their revenue
while keeping costs down, further positioning GrowLife as the go-to
solution for innovative indoor cultivation services, products and
technologies.”
As the regulatory environment for cannabis production in the United
States shifts to favor legalization and consumer demand for oils and
concentrates increases – currently accounting for about 20 percent of
all legal marijuana sales and growing at a rate of 125 percent,
according to BDS Analytics – the amount of plants produced for
extraction will continue to rise. Experts estimate that 80 percent or
more of plant material is wasted after the processing and extraction of
oils and concentrates from cannabis plants. Based on some estimates that
the United States produces 22 million pounds of marijuana each year,
waste of post-extracted plants could be estimated to be over 17 million
pounds each year.
“We designed this process to help achieve our mission of making our
customers more efficient in their production,” said David Reichwein,
Vice President of R&D for GrowLife. “We identified an area of extreme
waste for our customers that is not only inefficient but is
non-sustainable. This method would take these used plant materials and
repurpose them into a line of sustainable and eco-friendly products for
use in our customers’ grow facilities among other commercial building
applications.”
He continued, “This process uses by-products from processed plants
differentiated to their molecular phenol species, to prepare polymer
composites that have broad applications such as stable plasticizers with
anti-microbial properties. For example, if polar binders are utilized,
which include but are not limited to polyester, polyolefin, lactic,
butadiene materials, the cannabis fibers can be saline influenced/amine
groups/vulcanized to improve computability, essentially creating a
non-toxic and environmentally safe plastic.”
Wholly-owned subsidiary GrowLife Innovations is tasked with researching
and developing new products and methodologies that ultimately
revolutionize the indoor plant cultivation industry through its product
and service offerings.
For more information about GrowLife, Inc. please visit the company’s website.
Products can be purchased at GrowLifeEco.com.
Additional commentary on the Company and the industry as a whole can be
found on the CEO’s blog.
About GrowLife, Inc.
GrowLife,
Inc. (PHOT) 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 representatives covering the United States and
Canada, regional centers and its e-Commerce team, GrowLife provides
essential goods and services including media, industry-leading
hydroponics and soil, plant nutrients, and thousands more products to
specialty grow operations. GrowLife is headquartered in Kirkland,
Washington and was founded in 2012.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180228005524/en/
Contacts:
Public Relations Contact:
CMW Media
Cassandra Dowell,
858-264-6600
cassandra@cmwmedia.com
www.cmwmedia.com
or
Investor
Relations Contact:
info@growlifinc.com
Source: GrowLife, Inc.
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