GrowLife, Inc. Featured in the 'L.A. Business Journal'
WOODLAND HILLS, Calif., Nov. 27, 2012 /PRNewswire/ -- GrowLife, Inc. (PHOT), an industry-leading consortium of high-end gardening and horticulture brands focused on merchandising the "picks and shovels" of the growing "green rush," is pleased to announce that it was featured in an L.A. Business Journal article entitled "Growing Buzz," written by James Koren on November 19, 2012.
In the article, GrowLife, Inc. CEO Sterling Scott discusses the company's plans to use its recently acquired Urban Garden Supplies as a stepping-stone towards future brick-and-mortar locations throughout the United States. "There are many parts of the country that are underserved (speaking of hydroponic stores)," said Scott. "We're already having discussions about getting help with the funding to open a line of stores on the East Coast in major metropolitan areas."
The article also highlighted the company's competitive advantages: "Most retail stores end up selling bits and pieces. Through trial and error, growers succeed or they don't," read a quote by hydroponics magazine Rosebud editor Erik Biksa in the article. "But [GrowLife] is selling a complete, ready-to-use growing system. It's more accessible to everybody."
To read the entire article follow this link: http://growlifeinc.com/Home/Articles/6
GrowLife was also recently featured in an MSN Money article that highlighted the changing marijuana laws and how they've led to numerous public companies gaining recognition including GrowLife, Inc., HEMP Inc. (HEMP) and Medical Marijuana Inc. (MJNA). The article emphasizes that while under federal law marijuana remains illegal, it is attracting the attention of serious investors looking at new business and investment opportunities.
"GrowLife has attracted a lot of media attention following the legalization of recreational and medicinal marijuana in several states, including Washington and Colorado," said GrowLife, Inc. CEO Sterling Scott. "Our high-end horticulture products are uniquely suited for legal indoor marijuana growing, helping to improve both the quality and yields. We continue to rapidly expand in this market and more traditional markets to build long-term shareholder value."
GrowLife's consortium of companies actively participate in all channels of commerce for distribution and sales, including operating on-line and retail outlets for direct consumer sales and the supply of specialty GrowLife company products to wholesale and retail channels. And, while supporting progressive normalization of cannabis laws, the company does not grow, sell or distribute any substances that violate U.S. law or the Federal Controlled Substances Act.
About GrowLife, Inc.
GrowLife, Inc. (OTCBB: PHOT) (formerly Phototron Holding, Inc.) (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 Stealth Grow, a producer of grow room automation equipment and hi-powered LED grow light products for indoor horticulture (www.sgsensors.com and www.stealthgrow.com), Greners.com, the online hydroponics superstore (www.greners.com) and Phototron, producer of hydroponic grow containers, which are designed to grow vegetables, herbs, flowers and fruits in any environment (www.phototron.com).
For more information about our public holding company, please visit www.growlifeinc.com.
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this press release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in GrowLife's filings with the Securities and Exchange Commission. In addition, all industry products are subject to additional uncertainty, including the risks of delay, cancellation and poor critical or financial reception. GrowLife disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.
SOURCE GrowLife, Inc.
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