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.
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Jeff Beverly, President
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(917) 780-2381
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