CORONA, Calif., June 18, 2014 /PRNewswire/ -- AVT, Inc. (OTC
Markets: AVTC) (www.autoretail.com), a leader in custom vending
machines and automated retailing systems commented today on the
recent upsurge in stocks in the marijuana industry.
An article in NPR titled, "Entrepreneurs Buzzing Over Medical
Marijuana in Florida," reported
that twenty-two states and the District of Columbia now have laws allowing
for some form of medical marijuana. "Florida appears poised to join the club. Polls
show that voters there are likely to approve a November ballot
measure legalizing marijuana for medical use."
If Florida approves it, it will
be the first state in the Southeast to do so. And with nearly 20
million residents, it will be the biggest market outside of
California.
The Statesman Journal reports that there are now enough
signatures to get a legalization measure on Oregon's ballot this November. If passed,
which seems probable, the state would become the third to have
legalized cannabis.
CBS News reported that Colorado's governor expects marijuana sales to
reach $1 billion in his state by the
end of the fiscal year later this month.
And according to the New York Times, more than half the states,
including some in the conservative South, are considering
decriminalizing the drug or legalizing it for medical or
recreational use.
"Clearly, this market is growing dynamically," said Shannon Illingworth, Founder and Chairman of
AVT. "Our partner is one of the leading companies in the cannabis
industry, and as more states pass legalization measures, there will
be a greater number of opportunities for sales of their products,
which creates more manufacturing orders for us," he added. " As
this industry continues to grow – in ways not seen since the
dot-com explosion – we are well positioned to take advantage of the
tidal wave of momentum."
For more information on AVT, call (877) 424-3663, or visit:
www.autoretail.com.
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ABOUT AVT, Inc:
AVT is a publicly traded company
(ticker: AVTC), with a 15-year track record of success and
innovation. AVT provides custom solutions to companies seeking an
automated platform to increase sales, expand distribution, control
lift, lower overhead, and enhance brand awareness. For information,
call (877) 424-3663, or visit: www.autoretail.com.
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SOURCE AVT, Inc.