SACRAMENTO, Calif., Feb. 7, 2017 /PRNewswire/ -- Zerez Holdings Inc., (OTC PINK: ZRZH) announced today that its subsidiary Next Generation Farming Inc., has signed its Co-Marketing partner Sweet Leaf Hydroponics to a wholesale purchase contract for a minimum of One Million Dollars of NextGen's "SMART by Design™" line of advanced and automated greenhouse systems by the end of 2017.
In addition to the blanket purchase commitment for resale products, Sweet Leaf has also ordered 2 30ft. x 24ft. production models to be built as walk thru demonstration facilities at each of their sales locations.
The contract was reached after an all day strategy meeting where the companies worked together to tightly define Zerez subsidiary Next Generation Farming's new product line which the the company will officially launch very soon.
According to John Taylor and Don Smith of Zerez and NextGen, "It was imperative that we enlisted the feedback about our marketing strategy, product designs, configurations, pricing and overall sales and support strategy with Jay and our extended team at Sweet Leaf Hydro. They sell millions in revenue to thousands of clients and we wanted to leave no stone unturned before our upcoming launch. Obviously we have a good plan for Jay to make such a strong minimum sales commitment to us."
Jay DeSalvatore, president of Sweet Leaf Hydroponics stated, "In the world of cut-throat manufacturers, it's great to have such a strong relationship with Zerez and NextGen. We are pleased that they considered our input into their new product designs and packages and we are confident that we can easily re-sell a million dollars of their products by the end of the year." DeSalvatore added, "Our companies are in complete alignment that we must show the product, so I insisted on buying two full featured smaller size demonstration units that NextGen will help us construct at our store locations so we can actively demonstrate state of the art walk thru facilities, which of course results in sales."
According to John Taylor, "Our team has worked hard to create packages that offer commercial grade cultivation capabilities at attractive price points. We believe the product line we are about to launch will be superior in value and quality to any other product on the market today and will quickly become a preferred industry choice for serious organic food and cannabis cultivators."
The company announced it has received its first orders for 30ft x 24ft units from its co-marketing partner Sweet Leaf Hydroponics to be constructed at their two California locations and used as a customer walk-thru demonstration facilities." Jay DeSalvatore, President of Sweet Leaf Hydroponics stated, "We have hundreds of regular customers and lots of immediate greenhouse sales opportunities. I'm excited that we will be able to walk our clients through real working units right at our store, because it will result in tremendous sales opportunities for both us and Zerez/NextGen quickly before the spring rush."
Taylor added, "The data we continue to see is that the smart greenhouse marketplace is worth a minimum of $6 billion in 2017. Although we see most of our sales being on the commercial scale, with multi-faceted customer relationships, we have created some unique and surprising products that will be available for immediate purchase when we launch. We intend to smartly capture our profitable share of this market. If Zerez Holdings and Next Generation Farming earn just 10-20% market share, that translates into potential revenues of $600 Million to $1.2 billion annually. Obviously, we are ramping our business quickly, and we are confident we can handle that level of growth when it comes."
The company will provide details of its new products in a separate news release soon.
About Zerez Holdings:
Zerez Holdings, Inc., (OTC PINK: ZRZH) Zerez Holdings is a public equity corporation focused on the advanced agriculture and cannabis industries with plans to grow through acquisition, strategic alliances, and proprietary intellectual property. The company's wholly owned subsidiary Next Generation Farming provides turnkey commercial greenhouse and automation systems that improve yields and decrease water consumption for cultivators of organic food and cannabis crops. The company's websites are http://zerezholdings.com and http://nextgen.farm
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
Contact: firstname.lastname@example.org Zerez Holdings Inc., Don Smith, Vice President 424-732-7646
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/zerez-holdings-signs-1-million-revenue-contract-and-two-demonstration-systems-with-co-marketing-partner-sweet-leaf-hydroponics-300403151.html
SOURCE Zerez Holdings Inc.