Grow Solutions Holdings, Inc. Shareholder Update
LAS VEGAS, April 22, 2019 /PRNewswire/ -- Grow Solutions Holdings, Inc. (OTCPink: GRSO)
April 22, 2019
Dear Shareholders,
Grow Solutions Holdings, Inc. a Wyoming Corporation (the "Company") and its wholly owned subsidiary Pure Roots Holding, Ltd., is pleased to update its shareholder base with what it has been up to in the past month.
With the recent federal legalization of recreational cannabis in Canada, a race to start growing and harvesting quality legal cannabis has begun. The Company has recently been approached by multiple Licensed Producers and Micro Producer license holders, of cannabis in Canada. The Company is currently vetting many offers to enter into purchase agreements, joint ventures, lease agreements, and partnerships with companies who have a keen interest in the high yields of production of the AeroPod product. The Company is enthusiastic about entering into negotiations to build several large modular facilities that will utilize our AeroPod technology.
While the Company has not executed any firm commitments with any of these potential offerors, the Company is doing its due diligence to ensure that only the most logical and complimentary of offers is accepted.
Chad Fischl, our CEO and Director stated, "We knew that there was a strong market interest for our AeroPod product. Throughout our development of the AeroPods and all the research that we have done, we have known that our AeroPod product solves many problems in the indoor growing environment and offers many solutions to growers in the terms of space and energy used, as well as minimally impacting the surrounding environment. We are very excited to be able to finally offer our products on a grand scale now that we have the potential access to capital and awareness that being a public company offers."
The Company has received the financial data needed from the previous ownership and has begun the task putting all the data together in order to file the required financial and disclosure statements that the OTC Markets needs, in order to bring the Company back to current status. The Company believes that it should have those filings finished and posted with the OTC Markets in about thirty days, as long as there are no unforeseen setbacks.
About AeroGrow
AeroGrow Manufacturing Corp. ("AeroGrow"), is a fully owned subsidiary of Pure Roots, and the exclusive manufacturer of the AeroPod. The AeroPod designed and tested by Farm Boys Design Corp., has been developed over the past 2 years.
The controlled technological environment of an AeroPod mimics perfect natural conditions through sensors and controllers, creating the optimal growing environment for food or cannabis. By monitoring and regulating the closed-loop environment of an AeroPod, it has proven to produce market leading yields of many leafy greens, tender leaf produce and cannabis.
More details on the Food Production AeroPod:
- The grow room is 550 sq/ft and contains 104 grow columns with 88 grow spaces in each. A total of 9,152 plants can be grown at any given time.
- Each AeroPod contains a nursery that ensures your grow room is being utilized as soon as you harvest. Just simply replace your harvest with new plants and begin the growth cycle again.
- The ideal growing environment is monitored and controlled by proprietary monitoring hardware and software. The automation will be updated with optimized growth patterns as they are available to keep your yields the highest possible.
THE FUTURE
At this point we are moving forward rapidly in pursuing the Pure Roots opportunities involving the exploitation of its exciting AeroPod food and cannabis production technology and the commercialization of the AeroPod grow systems.
FOR ADDITIONAL INFORMATION
Read more about the Grow Solutions Holdings, Inc. and its wholly-owned subsidiary Pure Roots Holding, Ltd., on our official website, as well as further information about the Company and its latest news releases at http://www.aerogrowmanufacturing.com or www.grsoinvest.com.
ON BEHALF OF THE BOARD OF DIRECTORS,
Chad Fischl
Chief Executive Officer and Director
PO Box 2869
Jackson, WY 83001
(360) 612-0180
Source: Grow Solutions Holdings, Inc. (GRSO)
Released April 22, 2019
OTCPink: GRSO
This press release may include certain statements that are forward-looking in nature and that involve a number of uncertainties and risks. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in this press release are based on Grow Solutions Holdings, Inc., current expectations and projections regarding future events, which are based on currently available information. The forward-looking statements in this press release may also include statements relating to Grow Solutions Holdings, Inc.'s anticipated new developments, business prospects, financial performance, strategies and similar matters. Grow Solutions Holdings, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.
SOURCE Grow Solutions Holdings, Inc.
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