CORONA, Calif., Nov. 13, 2014 /PRNewswire/ -- AVT, Inc. (OTC
Markets: AVTC) (www.autoretail.com), a design integrator and
manufacturer of high performance automated retailing systems,
custom vending machines, and compliance and control mechanisms for
the rapidly growing legal cannabis industry, commented on the news
that Warren Buffet's Berkshire Hathaway Company has entered the
legal marijuana industry.
An article in Bloomberg News, reported that Warren Buffet owes
part of his fortune to selling ice cream, soft drinks and candy.
Now, a company in Buffet's Berkshire Hathaway Inc. is
turning to marijuana.
That subsidiary is Cubic Designs, Inc., a unit of
Berkshire's MiTek business, which specializes in making
platforms that maximize floor space in warehouses. Recently Cubic
Designs sent fliers to marijuana dispensaries with offers to help
them expand the number of plants they cultivate. The fliers say
that Cubic Designs can help double their growing space and improve
their profits.
As reported in Marijuana Investor News, there is a growing
acceptance of marijuana. "Not too long ago, this kind of effort was
unfeasible for a major corporation," the report stated. "It has
become much more acceptable in the United
States. Colorado and
Washington have legalized the drug
for recreational use, and Alaska
and Oregon will be joining them in
2015. On top of that, marijuana is legal for medical use in 23
states."
James Winsor, CEO of AVT, Inc.,
commented that when Warren Buffet invests in an industry, the world
takes notice. "Buffet is currently the third richest person
in the world, an accomplishment made by finding growth
opportunities in industries and companies such as Dairy Queen,
See's Candies, and Coca-Cola," he said. "With the marijuana
industry growing rapidly and gaining both acceptance and momentum,
there are tremendous opportunities for companies that supply
products, services, and technologies to this market."
AVT is a trusted supplier of technology and systems to the legal
cannabis industry. "We co-develop and manufacture systems for our
clients that help improve cannabis security, while providing
compliance with all regulations, which is essential to the
industry's future growth," Winsor noted. "I believe
forward-thinking systems such as ours will be a vital part of the
cannabis industry well into the future."
For information, call AVT: (877) 424-3663, or visit:
www.autoretail.com.
Media Inquiries:
The Innovation Agency
"The World's Leading Cannabis Industry Marketing
Agency"
www.inov8.us
hello(@)inov8.us
SOURCE AVT, Inc.