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| GTSO appears to positioned perfectly in several key markets around the MMJ industry. GTSO continues work to bring its new cannabis testing laboratory online in Colorado as demand rises within the industry for improved, standardized testing methodology. “There remains an enormous variance in testing results from lab to lab in Colorado, making it difficult for growers and retailers to know who to trust,” said GTSO CEO Wallace W. Browne. “We are working to establish a cutting-edge new laboratory capable of delivering consistent testing results that are transparent, sensible and reproducible.” |
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 Hot Stock to Watch |
Company: Green Technology Solutions, Inc. (OTCQB: GTSO)
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Last:
Price: 0.3147
Change (%): + 0.0147 (4.90)
Volume: 157,970 |
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Recent News
GTSO Signs LOI To Expand Interest In Global MMJ Market
June 23, 2015 03:46 AM Eastern Daylight Time
SAN JOSE, Calif.--(BUSINESS WIRE)--Green Technology Solutions, Inc. (OTCBB:GTSO) announced today that the company signed a letter of intent to acquire all or a controlling interest in its joint venture partner, Elevated Industries.
Elevated Industries is a Canada-based company poised to become a dominant supplier of cannabis-based edible recipes in the booming North American marketplace. The company creates and licenses edible recipes that are available in jurisdictions where the sale of cannabis-based products is legal. Due to an explosion in demand for cannabis edibles, GTSO has made penetrating this fast-growing market a top priority, and formed a joint venture with Elevated Industries last year in order to deliver new products tailored to increasingly sophisticated cannabis businesses and consumers.
With Elevated Industries’ product suite now ready to launch in Colorado and other top markets, GTSO will explore the possibility of bringing the company in-house.
“We are intrigued by the opportunity to expand our interest in this developing market, and we believe that a larger relationship with Elevated Industries is a great place to begin,” said GTSO CEO Wallace W. Browne.
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