SAN JOSE, Calif.--(BUSINESS WIRE)--With the U.S. medical cannabis industry experiencing explosive growth and blooming into a multi-billion dollar industry, Green Technology Solutions, Inc. (OTCBB: GTSO) is investigating opportunities for acquisitions and partnerships in the lucrative space.
GTSO is specifically exploring industry specific state-of-the-art technologies that align with the projected growth of the space. With the U.S. medical cannabis market forecast to exceed $8 billion within the next four years, ancillary businesses and services are expected to offer increased value and provide additional revenue streams.
With 23 states and the District of Columbia permitting the use of medical cannabis, and Colorado and Washington allowing for recreational use of the herb, the U.S. medical cannabis industry is considered by market analysts to be a growth market that will continue to build sustainable momentum.
“We are interested in services that will help move this space forward as we continue building our portfolio,” GTSO CEO Wallace W. Browne said. “The demand for products and services in this space suggest an unlimited growth potential for this market.”
Green Technology Solutions, Inc., plans to introduce new products and services that will enable it to compete in a booming marketplace alongside Cannabis Sativa, Inc. (OTCBB: CBDS), Terra Tech Corp. (OTCBB: TRTC), Agritek Holdings Inc. (OTCBB: AGTK), Medbox, Inc. (OTCBB: MDBX) and more.
About Green Technology Solutions, Inc.
Green Technology Solutions, Inc. is a growth-oriented company exploring the growing market for resources, including but not limited to rare earth elements, precious metals and herbal supplements. For more information, please visit http://www.gtsoresources.com/investors.html.
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