SAN JOSE, Calif.--(BUSINESS WIRE)--As Green Technology Solutions, Inc. (OTCBB: GTSO) works to develop new products for the booming U.S. cannabis edibles market, representatives of the company will travel to California and Colorado—two the of the country’s biggest marketplaces for edibles—to meet with retailers and refine its strategy to better serve the demands of dispensaries nationwide.
“In order to formulate an effective marketing and rollout strategy, we need reliable feedback from retailers on the front lines of this movement,” said GTSO CEO Wallace W. Browne. “In meeting with some of the top cannabis edibles retailers in the country, we plan to identify gaps in service and product niches that we can improve upon and gain a foothold in this fast-growing industry.”
Colorado shocked industry observers when the state’s Marijuana Enforcement Division announced that more than five million edibles products were sold in 2014. Edibles made up almost half of the Colorado cannabis market, and many experts believe that the nationwide edibles market will expand dramatically in the coming years.
GTSO has already begun to acquire and develop new assets and partnerships to capitalize on emerging opportunities in the rapidly growing North American cannabis industry. The company has formed a joint venture with cannabis edibles developer Elevated Industries in order to deliver new products tailored to cannabis businesses and consumers. The company will continue to scout for new opportunities to acquire the “next big thing” in America’s next big industry.
About Green Technology Solutions, Inc.
Green Technology Solutions, Inc., which provides business support, delivery system products and horticultural technology support, continually introduces new products and services, enabling it to compete alongside GW Pharmaceuticals (OTCBB: GWPRF), INSYS Therapeutics, Inc. (NASDAQ: INSY) and ENDEXX Corp. (OTCBB: EDXC) and others in a booming industry expected to be $10 billion by 2018. A growth-oriented company, Green Technology Solutions Inc. (GTSO) explores the fast-growing cannabis market for resources, including but not limited to rare earth elements, precious metals and herbal supplements. For more information, visit www.gtsoresources.com/investors.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or 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 differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.