Water Technologies, Inc. Responds to NBC Article on the Use of Federal Water in Medical & Recreational Cultivation of Marijua...
May 28 2014 - 9:25AM
Marketwired
Water Technologies, Inc. Responds to NBC Article on the Use of
Federal Water in Medical and Recreational Cultivation of Marijuana
and Sees Need for the Company's Custom Products for the Industry
GR8 Water Reiterates the Need for Its Custom Atmospheric Water
Generators Which Can Generate Water, Air Condition, Dehumidify,
Cool and Clean the Air for Licensed Marijuana Growers
PORT ST. LUCIE, FL--(Marketwired - May 28, 2014) - Water
Technologies International, Inc. (OTC Pink: WTII) (PINKSHEETS:
WTII), a leader in the technological process of atmospheric water
production and design, previously announced it has decided to
expand the product line to include specialized and licensed medical
marijuana business operators in the United States through its
subsidiary GR8 Water, Inc. The recent NBC News article:
"U.S. Says Legal Marijuana Growers Can't Use Federal Irrigation
Water"
(http://www.nbcnews.com/news/us-news/u-s-says-legal-marijuana-growers-cant-use-federal-irrigation-n110381)
further reiterates the necessity for GR8 Water's custom
agricultural products. With the onset of summer months and the
agricultural season, perfect temperatures and humidity are allowing
for the implementation of this emerging technology to ensure
productive crop yields of medical and recreational marijuana.
Given the recent expansion and acceptance of the medical
marijuana industry now within 20 states, high demand has been
created for clean water and customized cooling and humidity
controls specifically designed to meet the needs of large scale
grow operations and green houses. GR8 Water's custom units will be
able to not only generate water, but will clean, dehumidify, cool
and heat the air in the cultivation areas. GR8 Water is in the
final stages of development involving several innovative
agricultural products and expects to announce soon their
availability to the industry.
Water Technologies International, Inc.'s CEO, William Scott
Tudor, commented, "We continue to offer custom products for fast
growing and emerging industries. The medical and recreational
marijuana movement is a booming industry. We believe that our
proprietary Atmospheric Water Generators, along with new custom
products that control humidity and air flow, provide a quality
solution for indoor and outdoor agriculture. The growing demand for
clean water has created significant revenue opportunities for our
company, and in time, will create real value for our
shareholders."
The medical marijuana industry has grown to include nearly half
of the United States and is now legal for recreational use in
Colorado; Washington is soon to follow in suit. One of the benefits
experienced in Colorado stems from the taxation of the sale of
marijuana generating millions in revenue on a monthly basis. The
cannabis industry is already waiting on federal reforms involving
banking and the sale of infused products which makes this temporary
irrigation problem just another item on the list. Medicinal and
recreational use of marijuana is certain to increase in demand as
stigmas are removed and the regulatory institutions smooth out the
process. Real estate in specially zoned areas and all the ancillary
business related to the production and sale of cannabis stands to
flourish for years to come.
A video showing the proof of concept prototype is available at
the company's website, www.gr8water.net
For a direct link to the company's product information "Slick
Sheets" visit our website at:
www.gr8water.net/products/product-slick-sheets
About the Company
Water Technologies International, Inc. and its wholly owned
subsidiaries, GR8 Water, Inc. (Great Water) and Aqua Pure
International, Inc. (Specializing in Filtration Systems) are
engaged in the manufacture and distribution of technologically
advanced Atmospheric Water Generators (AWG). These unique devices
utilize a patent pending air purification input system to produce
clean, great-tasting, safe water from the humidity in the air. GR8
Water makes freestanding water factory units for the home or office
and large, industrial-sized water units using a modular design that
can produce up to thousands of gallons of water each day from
ambient air. GR8 Water strives to make safe drinking water
available to everyone on the planet, making the world a better
place in which to live while nurturing the environment.
The Company has patents pending and has filed for additional
patents with the USTPO. It has also filed globally through the
Patent Cooperation Treaty. Its "Water village" trademark has
been issued by the USPTO.
For additional information on the Company visit the website at
www.gr8water.net and follow @GR8_H2O on
Twitter (https://twitter.com/Gr8_H2O).
Statement as to Forward-Looking Statements.
Forward-Looking Statements
Certain statements in this release that are not historical facts
are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements may be
identified by the use of words such as "anticipate," "believe,"
"expect," "future," "may," "will," "would," "should," "plan,"
"projected," "intend," and similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to be materially
different from those expressed or implied by such forward-looking
statements. The Company's future operating results are dependent
upon many factors, including but not limited to the Company's
ability to: (i) obtain sufficient capital or a strategic business
arrangement to fund its expansion plans; (ii) build the management
and human resources and infrastructure necessary to support the
growth of its business; (iii) competitive factors and developments
beyond the Company's control; and (iv) other risk factors. We
assume no obligation to update the information contained in this
news release.
For Further Information Contact: Investor Relations for Water
Technologies Intl., Inc. Gerald Kieft WSR Communications
772-219-7525 IR@WSRcommunications.com
http://wsrcommunications.ir.stockpr.com/gr8water/overview Strategic
Advisors Contacts: First Level Capital, LLC. Michael Friedman
Phone: (561) 296-6393
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