Pazoo, Inc. Signs Lease for Wholly Owned Subsidiary, Harris Lee
Holdings, LLC, in Portland, Oregon for New Lab Facility
WHIPPANY, N.J. -- August 6, 2015 -- InvestorsHub
NewsWire -- Pazoo, Inc. (OTC
Pinks:PZOO) (German WKN#: A1J3DK), is pleased to announce that
the company has signed a lease to secure a location for its Oregon
testing lab facility.
Pazoo's Harris Lee management is very excited to have
signed this lease and commenced meetings with the architect
selected to begin the build out of the facility as soon as
possible. Additionally, the Pazoo management team has also narrowed
down several target states as strategic added locations for Harris
Lee's next expansion phase.
Pazoo's management feels it is extremely important to move
swiftly with this location since Measure 91 took effect last month
in July. Measure 91 legalized recreational marijuana for people
ages 21 and older, allowing adults over this age to possess up to
eight ounces of "dried" marijuana and up to four plants.
Additionally, the measure tasked the Oregon Liquor Control
Commission with regulating sales of the drug. This measure will
make the demand for testing even greater.
Pazoo CEO David Cunic commented, "We are very happy about
securing a space in Portland and beginning the build-out of the
facility. Our timing is impeccable as Governor Kate Brown has just
signed into law that medical marijuana dispensaries may begin to
sell marijuana for recreational use as early as October 1st of this
year. Additionally, we have relationships with numerous growers in
other states that we are in talks with who have additional
operations in Oregon. These growers are looking for the same high
quality testing that we will also be providing to them in other
states as we continue to expand throughout the United States. The
Oregon facility will help us solidify our footprint and exposure in
the region. We are poised to begin generating revenue from our
marijuana testing operations before the end of the year.
Testing in Nevada (through MA & Associates, LLC) , Oregon
(through Harris Lee Holdings, LLC) and Colorado (through our recent
partnership with Harris Lee Colorado, LLC) are all expected to
begin to be revenue sources for the company in the 4th quarter of
this year which is right around the corner. These are truly
exciting times for us".
Safe Harbor Statement:
This update includes forward-looking statements. These
forward-looking statements generally can be identified by phrases
such as Pazoo, Inc. or its management "believes," "expects,"
"anticipates," "foresees," "forecasts," "estimates" or other words
or phrases of similar import. Similarly, statements herein that
describe the Company's business strategy, outlook, objectives,
plans, intentions or goals also are forward-looking statements. All
such forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those in forward-looking statement.
ABOUT PAZOO Inc.
Pazoo, Inc., is a company focused on health, wellness and
safety. Our focus is to provide best-in-class laboratory testing of
cannabis and cannabinoids to protect consumers from impurities,
contaminants and other irregularities. Through our wholly-owned
subsidiary, Harris Lee, and our partnership with MA &
Associates, Pazoo provides industry-leading laboratory testing of
cannabis. Harris Lees and MAs license agreements with Steep Hill
Labs, Inc. allows the Pazoo subsidiaries to use Steep Hills
top-rated testing protocols in select markets as we expand
throughout the USA. Pazoos subsidiaries are currently licensed to
test cannabis in Nevada, Oregon and Colorado, with other states to
come. Additionally, Pazoo delivers a comprehensive array of health
and wellness information on its website www.pazoo.com.
ABOUT STEEP HILL LABS Inc.
Founded in California in 2008, Steep Hill is a science and
technology firm that has become the industry leader in cannabis
testing and analytics. With owned and licensed labs in four U.S.
states and plans to add labs in New Mexico, Oregon and possibly
Jamaica in 2015, Steep Hill is the largest cannabis lab network in
the world. The company pioneered the first medical cannabis potency
and microbiological contaminants testing methodology for use in
California - the first state to legalize medical cannabis. Steep
Hill has since developed a variety of revolutionary cannabis
testing products, including QuantaCann, QuantaCann2 and GenKit.
Steep Hill provides expert consulting services to many states,
countries and municipalities, and the company is developing
proprietary genetic testing, mapping and trademark protection
services for the industry as well.
Safe Harbor Statement:
This update includes forward-looking statements. These
forward-looking statements generally can be identified by phrases
such as Pazoo, Inc. or its management "believes," "expects,"
"anticipates," "foresees," "forecasts," "estimates" or other words
or phrases of similar import. Similarly, statements herein that
describe the Company's business strategy, outlook, objectives,
plans, intentions or goals also are forward-looking statements. All
such forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those in forward-looking statement.
****http://www.oregon.gov/olcc/marijuana/Documents/Measure91.pdf
(for more information)
The Oregon Legalized Marijuana Initiative, Measure 91 was on the
November 4, 2014 statewide ballot in
Oregon as an initiated state statute, where it was
approved.[1] The measure legalized
recreational marijuana for people ages 21 and older, allowing
adults over this age to possess up to eight ounces of "dried"
marijuana and up to four plants. Additionally, the measure tasked
the Oregon Liquor Control Commission with regulating sales of the
drug.[2][3] The initiative was sponsored
by the group New Approach Oregon. Anthony Johnson, the chief
petitioner, hoped legislators would refer the measure to the ballot;
however, they failed to do so before the 2014 session ended on
March 10, 2014. Therefore,
supporters moved forward with the initiative effort and
successfully got the measure before voters.[2] It was also known as the
Control, Regulation, and Taxation of Marijuana and Industrial Hemp
Act of 2014.
For Investor Relations:
Taylor Capitol, LLC
Phone: 973-351-3868
Email: INVESTOR@PAZOO.COM
SOURCE Pazoo, Inc.
Release Date: August 6, 2015