GROW SOLUTIONS SIGNS PRODUCT SUPPLY AGREEMENT IN EXCESS OF A MILLION DOLLARS
March 28 2017 - 10:00AM
InvestorsHub NewsWire
DENVER, CO -- March 28, 2017 -- InvestorsHub NewsWire -- Grow
Solutions Holdings, Inc. (OTCQB:
GRSO) (the "Company" or "Grow Solutions") a company involved in
the development and distribution of high demand products for
cultivation, processing and consumption of legal cannabis,
announced today it has agreed in principal to an exclusive supply
contract for its fully owned subsidiary One Love Garden Supply with
Shango Premium Cannabis of Nevada and its affiliates and related
companies.
Shango is a growing brand and has a well-earned reputation of
quality and service within the Cannabis industry. Each of its
current facilities is rapidly expanding to meet growing consumer
demand. The company operates 6 licenses in Oregon, Washington and
Nevada, and will be expanding into California and Puerto Rico in
2017.
Shane Mckee, Vice President of Product Development for Shango,
stated, "Its great to have reliable service partner like Grow
Solutions 'One Love Garden Supply'. We are proud to give them our
exclusive business which is currently in excess of a million
dollars and we believe will double in the next 12 months."
Ryan Clement, Vice President of Grow Solutions and in charge of One
Love Garden Supplys operation, commented, "This is the first
exclusive supply contract we will execute with a large cannabis
cultivator. We are certain that other cultivators will follow
Shangos lead and enter into exclusive contracts with One Love as
well.
In keeping with Grow Solutions aggressive expansion plans, we
are completing our due diligence on additional acquisition targets
nationwide and will announce those as developments occur."
Grow Solutions concentrates on three of the fastest-growing
segments of the 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.
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Jeff Beverly, President
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(917) 780-2381
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