Pazoo, Inc. Signs Lease for Wholly Owned Subsidiary, Harris Lee Holdings, LLC, in Portland, Oregon for New Lab Facility

WHIPPANY, N.J. -- August 6, 2015 -- InvestorsHub NewsWire -- Pazoo, Inc. (OTC Pinks:PZOO) (German WKN#: A1J3DK), is pleased to announce that the company has signed a lease to secure a location for its Oregon testing lab facility.

Pazoo's Harris Lee management is very excited to have signed this lease and commenced meetings with the architect selected to begin the build out of the facility as soon as possible. Additionally, the Pazoo management team has also narrowed down several target states as strategic added locations for Harris Lee's next expansion phase.

Pazoo's management feels it is extremely important to move swiftly with this location since Measure 91 took effect last month in July. Measure 91 legalized recreational marijuana for people ages 21 and older, allowing adults over this age to possess up to eight ounces of "dried" marijuana and up to four plants. Additionally, the measure tasked the Oregon Liquor Control Commission with regulating sales of the drug. This measure will make the demand for testing even greater.

Pazoo CEO David Cunic commented, "We are very happy about securing a space in Portland and beginning the build-out of the facility. Our timing is impeccable as Governor Kate Brown has just signed into law that medical marijuana dispensaries may begin to sell marijuana for recreational use as early as October 1st of this year. Additionally, we have relationships with numerous growers in other states that we are in talks with who have additional operations in Oregon. These growers are looking for the same high quality testing that we will also be providing to them in other states as we continue to expand throughout the United States. The Oregon facility will help us solidify our footprint and exposure in the region. We are poised to begin generating revenue from our marijuana testing operations before the end of the year.  Testing in Nevada (through MA & Associates, LLC) , Oregon (through Harris Lee Holdings, LLC) and Colorado (through our recent partnership with Harris Lee Colorado, LLC) are all expected to begin to be revenue sources for the company in the 4th quarter of this year which is right around the corner.  These are truly exciting times for us".

 

Safe Harbor Statement:

This update includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as Pazoo, Inc. or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statement.

 

ABOUT PAZOO Inc.

Pazoo, Inc., is a company focused on health, wellness and safety. Our focus is to provide best-in-class laboratory testing of cannabis and cannabinoids to protect consumers from impurities, contaminants and other irregularities. Through our wholly-owned subsidiary, Harris Lee, and our partnership with MA & Associates, Pazoo provides industry-leading laboratory testing of cannabis. Harris Lees and MAs license agreements with Steep Hill Labs, Inc. allows the Pazoo subsidiaries to use Steep Hills top-rated testing protocols in select markets as we expand throughout the USA. Pazoos subsidiaries are currently licensed to test cannabis in Nevada, Oregon and Colorado, with other states to come. Additionally, Pazoo delivers a comprehensive array of health and wellness information on its website www.pazoo.com.

ABOUT STEEP HILL LABS Inc.

Founded in California in 2008, Steep Hill is a science and technology firm that has become the industry leader in cannabis testing and analytics. With owned and licensed labs in four U.S. states and plans to add labs in New Mexico, Oregon and possibly Jamaica in 2015, Steep Hill is the largest cannabis lab network in the world. The company pioneered the first medical cannabis potency and microbiological contaminants testing methodology for use in California - the first state to legalize medical cannabis. Steep Hill has since developed a variety of revolutionary cannabis testing products, including QuantaCann, QuantaCann2 and GenKit. Steep Hill provides expert consulting services to many states, countries and municipalities, and the company is developing proprietary genetic testing, mapping and trademark protection services for the industry as well.

Safe Harbor Statement:

This update includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as Pazoo, Inc. or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statement.

 

****http://www.oregon.gov/olcc/marijuana/Documents/Measure91.pdf (for more information)

The Oregon Legalized Marijuana Initiative, Measure 91 was on the November 4, 2014 statewide ballot in Oregon as an initiated state statute, where it was approved.[1] The measure legalized recreational marijuana for people ages 21 and older, allowing adults over this age to possess up to eight ounces of "dried" marijuana and up to four plants. Additionally, the measure tasked the Oregon Liquor Control Commission with regulating sales of the drug.[2][3] The initiative was sponsored by the group New Approach Oregon. Anthony Johnson, the chief petitioner, hoped legislators would refer the measure to the ballot; however, they failed to do so before the 2014 session ended on March 10, 2014. Therefore, supporters moved forward with the initiative effort and successfully got the measure before voters.[2] It was also known as the Control, Regulation, and Taxation of Marijuana and Industrial Hemp Act of 2014.

 

 

 

For Investor Relations:

Taylor Capitol, LLC

Phone: 973-351-3868

Email: INVESTOR@PAZOO.COM

SOURCE Pazoo, Inc. 

Release Date: August 6, 2015 

 

 


 

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