GRSO ACQUIRES “KEYS ORGANIC AND HYDROPONIC SUPPLY” – CONTINUES ACQUISITION STRATEGY OF HIGH PROFIT POTENTIAL CANNABIS C...

Date : 02/07/2017 @ 10:00AM
Source :InvestorsHub NewsWire
Stock : Grow Solutions Holdings, Inc. (PN) (GRSO)
Quote : 0.03  0.0 (0.00%) @ 6:39AM

GRSO ACQUIRES “KEYS ORGANIC AND HYDROPONIC SUPPLY” – CONTINUES ACQUISITION STRATEGY OF HIGH PROFIT POTENTIAL CANNABIS C...

DENVER, CO -- February 7, 2017 -- InvestorsHub NewsWire -- Grow Solutions Holdings, Inc. (OTCQB: GRSO) (the "Company" or "Grow Solutions") a company engaged in the development and distribution of high demand products for cultivation, processing, and consumption of legal cannabis, announced today it has acquired Keys Organic and Hydroponic Supply ("Keys") in Florida.


The acquisition of Keys expands on the Company's existing operations in the southeast through its Future Tech division by providing a great strategic location for the entry of the Company's One Love Garden Supply subsidiary into east coast markets. The Keys location will handle all of our shipping needs to supply our customers throughout the east coast. The location will also support our on-line sales efforts as the Florida marketplace grows into a key market following the addition of medical cannabis legalization to the States constitution last November (2016).


The Company's vice president, Josh Wexler, pointed out just some of the benefits, noting, "This acquisition allows us to service the rapidly growing client list of our product division: Future Tech. The addition of the Keys location in Florida creates an opportunity for cross marketing our diverse products across industry segments."


Keys Organic and Hydroponic Supply is the first of a number of additional stores planned for the State of Florida.


"For 2017, Keys will add an estimated $1 million dollars in revenue to the company. And it will be profitable," Jeff Beverly, President of Grow Solutions, commented. "Keys Organic purchase by One Love adds an important strategic location to the One Love Brand. We are currently evaluating a variety of acquisition targets to further our foothold in the Sunshine State."


The Company looks forward to announcing any new developments as they occur.

 

Grow Solutions concentrates on three of the fastest-growing non-leaf touching segments in the cannabis industry:


(1)    GrowTech (products needed to grow cannabis in and outside);

(2)    ConsumerTech (products to process, store and consume cannabis);

(3)    DigiTech (online properties, including a state of the art employment platform).

 

Grow Solutions Facebook Page: https://www.facebook.com/GrowSolGRSO

Grow Solutions Twitter Feed: https://twitter.com/GrowSolGRSO

Grow Solutions Stock Twits page: https://stocktwits.com/growinc

Jeff Beverly's Public Facebook Page: https://www.facebook.com/jeffwbeverly

Jeff Beverly's Public Twitter Feed: https://twitter.com/CannaExec

http://www.growsolutionsinc.com

 

About Grow Solutions Holdings, Inc.

Grow Solutions Holdings, Inc. is a holding company that is publicly traded on the OTCQB market, under the symbol "GRSO". The Company is focused on the development/distribution of high-demand products and services for cultivation, processing and consumption of cannabis.

 

Safe Harbor for Forward-looking Statements

This news release may contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the companys progress, business opportunities and growth prospects, they are based on managements current beliefs and assumptions as to future events. However, since the companys operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.

 

CONTACT:

Grow Solutions Holdings, Inc.

 

Jeff Beverly, President

 

(917) 780-2381

 

 


 

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