October 1st, 2013
Investing in Cannabis
GrowLife Releases New Investor Presentation Covering Recent Marijuana Developments GrowLife, Inc. (OTCQB: PHOT), a diversified company operating in the legal cannabis industry including online and brick and mortar hydroponic stores, OEM grow equipment, commercial grow-op support, and media, is well positioned to benefit from recent regulatory changes within the medical and recreational marijuana markets on both state and federal levels. These changes include comments from the Department of Justice pertaining to state rights.
This week, the company announced a new investor presentation for review and consideration by its shareholders and the investing public. The release comes ahead of its mid-November financial statements that will include the company’s first full quarter of revenue from its 2013 acquisitions. These two events could provide a catalyst for the stock that investors in the marijuana space should watch, including companies like HEMP Inc. (OTCQB: HEMP) and Medical Marijuana Inc. (OTCQB: MJNA).
Read the full press release discussing the new presentation here:
GrowLife, Inc. (PHOT), a diversified company operating in the legal cannabis industry including online and brick and mortar hydroponic stores, OEM grow equipment, commercial grow-op support, and media, is pleased to announce that the Company has released an Investor Presentation for review and consideration by its shareholders and the investing public.
“As one of the few fully reporting cannabis related public companies and certainly the largest by revenue, we feel it is essential to provide to the market as much transparency as possible,” stated Sterling Scott, CEO, GrowLife Inc. “Our recent acquisitions and the significant position change by the Department of Justice as it pertains to States’ rights and marijuana has greatly increased interest in our company. Time and time again, we are told that our fully-reporting status and practice of transparency is greatly valued.”
“With our next financial statement due to be released in mid-November the first of which that will record a full quarter’s worth of contributing revenue from our 2013 acquisitions, we believe it is essential to capsulize the Company’s various revenue lines and more in an efficient Investor Presentation,” added Scott.
The Investor Presentation can be viewed online at http://growlifeinc.com/growlife-presentations-october-2013/
An electronic file can be obtained via email by emailing Investor Relations at [email protected]
To view GrowLife’s Cannabis.org Facebook page and TELL THE TRUTH movement please visit:https://www.facebook.com/tellthetruthfederalgovernment
About GrowLife, Inc.
GrowLife, Inc. (PHOT) (www.growlifeinc.com) is a company with core holdings in innovative technology-based products and services for the indoor gardening industry and specialty markets. These brands include Greners.com, the online hydroponics superstore (www.greners.com), Phototron, producer of hydroponic grow containers, which are designed to grow vegetables, herbs, flowers and fruits in any environment (www.phototron.com) as well as bricks and mortar retailers Urban Garden, Rocky Mountain Hydroponics and Evergreen Garden Center (www.rmgardener.com) .
Cautionary Language Concerning Forward-Looking Statements
This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for GrowLife’s products, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in GrowLife’s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting GrowLife, Inc. please refer to the Company’s Securities and Exchange Commission filings, which are available at www.sec.gov. GrowLife, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.