WHIPPANY, N.J., March 4, 2016 /PRNewswire/ -- Pazoo, Inc. (OTC Pinks: PZOO) (German WKN#: A1J3DK), is pleased to report that Pazoo has received a six figure investment from two individual existing investors who feel confident enough to assist in funding the operations at the Denver Colorado cannabis testing lab and to assist in the final steps in the completion of the cannabis testing lab in Las Vegas, Nevada.
The investors are so excited at the potential of Pazoo and its subsidiary cannabis testing laboratories that they invested at a rate of 10 times Pazoo's current market value. They are committed to the company and to completing the Las Vegas lab and improving the currently operational Denver Colorado lab which should directly increase sales. These investors are the same investors who were so impressed by the Las Vegas lab, and more so by the amount of growers that have committed to exclusively test with Pazoo, Inc. subsidiary MA & Associates, LLC, that they gave Pazoo a $200,000 loan back in September of 2015. These investors are committed to making the testing labs fully operational, as is the entire Pazoo, Inc. team.
David Cunic, Pazoo CEO stated, "We are excited about this investment as it shows we are taking MA & Associates, LLC and Harris Lee, LLC to the next level. The majority of people understand there were reasons for the delays encountered that were out of our control. These investors see the future and understand the importance of the testing lab sector in the cannabis industry and more importantly, the potential Pazoo and its subsidiaries have for future growth and revenue".
About Pazoo, Inc.:
Pazoo, Inc. is a company focused on health, wellness and safety. Our focus is to provide best-in-class laboratory testing of cannabis and cannabinoids to protect consumers from impurities, contaminants and other irregularities. Through our wholly owned subsidiaries, Harris Lee and MA & Associates, Pazoo provides industry leading laboratory testing of cannabis. Pazoo is licensed to test cannabis in Nevada, with a focus on expansion into other states. Additionally, Pazoo delivers a comprehensive array of health and wellness information on its website www.pazoo.com, and features industry experts from both the health and wellness arena and the pet industry. Lastly, our newly formed wholly owned subsidiary CK Distribution LLC, provides the marketing and sales agent for the distribution of non-controlled hemp products throughout the USA. Non-controlled hemp products are the items utilized by the industry that support grow facilities, infusion companies and dispensaries.
Safe Harbor Statement:
This update includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as Pazoo, Inc. or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statement.
SOURCE Pazoo, Inc.