Greengro Technologies Acquires Proprietary Vape Technology
March 13 2014 - 7:00AM
Marketwired
Greengro Technologies Acquires Proprietary Vape Technology
The New Technology to Address Medicinal and Recreational
Markets
LOS ANGELES, CA--(Marketwired - Mar 13, 2014) - Greengro
Technologies (PINKSHEETS: GRNH) announced today that it has
acquired a provisional-patent-pending technology for an
efficient medical electronic vaporizer for
Cannbidiol (CBD), Cannabis and herbal medicine delivery
system. Greensticks, Inc. has been formed to serve as the
distribution and development arms of the technology and is wholly
owned by Greengro Technologies.
The product line paves the way for the company's move towards
sales into licensed dispensaries. This product launch will also be
supported by a national advertising campaign by one of the largest
industry trade publications, High Times Magazine. Greensticks
initial product launch will feature the benefits for the refined
extras of CBD. Indica and Sativa medicinal properties will also be
highlighted with this technology. Additionally, natural herbal
remedies that are universally used to treat relaxation, energy,
sexual enhancement and hangovers will be launched.
The acquired intellectual property encompasses the proprietary
extraction process that synthesizes herbs for use in a personal
vaporizer device. The liquefied, active ingredients from the herbs
are injected into cartridges and vaporized using technology already
proven in the electronic vaporizor industry. This convenient
delivery system for herbal remedies and medicine is incredibly
efficient, delivering desired results in minutes, at much higher
concentration levels than is traditional for herbal medicines that
have been used around the globe for centuries.
"We will introduce this new product line to address both the
medical marijuana and herbal remedy markets beginning in April of
2014. Based on our early test results, we are entirely
optimistic that this product line will find traction in both
markets in the near term," states James Haas, CEO, Greengro Tech,
Inc.
For more information about Greensticks visit:
http://www.getgreensticks.com
About Greensticks, Inc.
Greensticks, Inc., is a proprietary electronic vaporizer
delivery system designed to look like an electronic cigarette. The
cartridges are filled with 100% organic liquefied flowers and
pharmaceutical grade glycol as found in asthma inhalers.
Greensticks are perfect for the patient on the go who needs to
medicate and be able to function. The patient is in complete
control of their dosages and will receive consistent effects. The
cartridges are available in Indica, Sativa and the rare CBD.
About Greengro Technologies
Greengro Technologies (PINKSHEETS: GRNH) is a world class
provider of eco-friendly green technologies with specific domain
expertise in indoor and outdoor agricultural science systems
serving both the consumer and commercial farming markets. It brings
together community and commerce through the growth and distribution
of healthy, nutritious foods and vital medicines backed by science
and technology. Customers include restaurants, community gardens,
small and large scale commercial clients. Greengro Technologies
also provides design, construction and maintenance services to
large grow and cultivation operations and collectives in the
medical and recreational marijuana sectors.
http://www.greengrotech.com
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
necessarily 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.
Greengro Technologies, Inc. James Haas CEO 714-441-1408 Office
714-441-1409 Fax
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