Pazoo (PZOO): Capitalize on the Fastest Growing, Lowest-Risk Cannabis Niche
SEATTLE, WA / ACCESSWIRE / March 28, 2016
Industry Leader in Cannabis Testing:
There are relatively few publicly-traded companies in the cannabis testing space, but there is a very well-known private company in the space. Steep Hill Labs opened the first commercial cannabis lab in the U.S. back in 2008 and has since become the world's largest provider of testing services with company-owned labs in Berkley, CA, Seattle, WA, and Albuquerque, NM and licensed labs in Denver, CO, Las Vegas, NV, and Portland, OR.
Pazoo Inc.'s (OTC: PZOO) wholly-owned subsidiary, Harris Lee, and MA & Associates, has an exclusive licensing agreement with Steep Hill Labs. Under the agreement, the company has access to industry leading testing protocols and right of first refusal to open new labs across the country. The company has already licensed to test in Nevada and Oregon, while operating a revenue-generating testing facility located in Denver, CO with its licensee, Harris Lee Colorado.
In essence, Pazoo has reduced the risks associated with developing its own testing methodologies and implementing a go-to market strategy by leveraging Steep Hill as a strategic partner. The company's publicly-traded status also provides the capital necessary to establish and grow laboratories across multiple states, which puts management in a unique position to scale its operations and establish a premier cannabis testing network.
Denver Colorado Testing Lab Hires New Staff To Meet Demand
Pazoo Slated To Move Corporate Offices March 18, 2016
Pazoo, Inc. (OTC Pinks: PZOO) (German WKN#: A1J3DK), is pleased to report its Licensee, Harris Lee Colorado, LLC, is hiring additional key staff to the testing lab to keep up with increased demand. After our recent investments, as well as the influx of new clients over the past several weeks, there has been a large demand to hire additional key staff. These new hires inclue an analytical chemist, microbiologist, lab technicians and administrative personnel. These additional employees will help take the Denver testing lab to next level and make sure everything is ramping up on or ahead of schedule.
Pazoo, Inc. Receives Second Six Figure Investment To Be Used To Accelerate And Expand Sales In Colorado
March 15, 2016 /PRNewswire/ --
This ensures that Pazoo will experience exponential growth rates for the foreseeable future."
Pazoo Gains 4 New Lab Testing Clients, Business Accelerating, Media Attention Growing Exponentially Feb. 26, 2016 ,
Pazoo is proud to announce that the Denver Colorado cannabis testing laboratory under the management of Harris Lee Colorado has gained 4 new clients since February 11, 2016. The clientele in Colorado continues to grow and we are excited by the buildup of new clients. Since December 2015, Harris Lee Colorado has gained a total of 8 new clients and it shows no signs of stopping now that Harris Lee Colorado received the official approval from the Colorado M.E.D. for the transfer of management of the lab earlier this week.
Revenue To Dramatically Increase As Colorado M.E.D. Officially Approved Transfer Of Management Control Of Denver Testing Lab Yesterday Monday February 22, 2016 To Pazoo, Inc. Licensee Harris Lee Colorado, LLC
Feb. 23, 2016
"Pazoo CEO David Cunic stated, "This truly is the watershed moment that we have been working towards. We have now officially transitioned from an early stage company to an aggressive growth stage company where we are not only have immediately seen a dramatic daily increase in revenue, but expect to experience exponential accelerated growth rates for the foreseeable future. These growth rates should further accelerate well into and through the end of 2016 with the Las Vegas Lab coming on line in the very near future. We thank the investment community for sticking by Pazoo leading up to this moment."
Pazoo, Inc. Experiencing Explosive National And Local Media Coverage With Newspaper Articles In Both The USA Today And The Daily Record Of Northern New Jersey,
Brad Gore, Lab Director for Pazoo's subsidiary, Steep Hill Nevada Labs in Las Vegas, Nevada, was invited to be the cannabis industry expert for article in the Friday edition of USA Today, the national newspaper in America. Locally, Pazoo CEO David Cunic was interviewed for an article in one of New Jersey's most important daily newspapers, The Daily Record. The aggregate value of the media exposure for these 2 articles was estimated to be over $725,000. This media estimate is based on the millions of impressions that result from a newspaper with a national circulation and a newspaper that's a leader in the State of New Jersey. It is important to note that Pazoo did not pay for these interviews.
Denver Colorado Cannabis Testing Lab Now Meets SOP State Standards And Is In Position To Begin Accepting Industrial Hemp Samples Pazoo CEO David Cunic stated, "With things happening so quickly now with the MED final approval coming for our licensee and being able to accept industrial Hemp samples, we are now in a very enviable position and not only finally expect to see revenue growth but expect to see explosive revenue growth. Finally, this is going to be real fun moving forward. It always is when you build real strong fundamental value and do it in an accelerated fashion."
Feb. 17, 2016
Final Approval Documents Have Been Sent To Licensing Office Of Colorado M.E.D. For Final Approval To Transfer Management Control Of Denver Testing Lab To Pazoo, Inc Licensee Harris Lee Colorado Feb. 16, 2016 Pazoo CEO David Cunic stated, "With so many delays in 2015 we are ecstatic to be able to announce to the public that Harris Lee Colorado is about to take over the management of the Denver Colorado testing lab. This means that Pazoo's revenues in Denver will be lock step with the number of tests to be administered and accordingly we expect to be reporting a big increase in revenue immediately upon final approval. Thank you for all your support and for sticking with us. Everything is finally coming together." http://ir.stockpr.com/pazoo/press-releases/detail/1536
Denver, Colorado Testing Lab Gains New Clients, Momentum Going Into 2016
WHIPPANY, NJ , Jan. 14, 2016
Pazoo CEO David Cunic stated, "While we are all disappointed in the delays in getting the last aspects of the Colorado lab officially transferred over to Harris Lee Colorado, we are very excited and highly encouraged by the addition of these 4 new clients in a three week time span. It goes to show that, along with our partner Steep Hill Labs, we are poised to be associated with a top quality testing lab in Colorado and a place where growers will not only need to test with us, but will want to test with us. We as a team are ready for 2016 to be the definitive year in Pazoo's breakout success."
Cannabis Quality Assurance Leader Steep Hill Lands $2mm in Additional Funding From Several Investors
BERKELEY, Calif., Nov. 9, 2015
"Morgan and Emily Paxhia, Founding Partners of Poseidon Asset Management said, “We have been deeply involved in making strategic cannabis investments in preparation for such milestones as the Medical Marijuana Regulation and Safety Act of 2015 and believe the best returns on investment will be those companies that are best positioned in advance of such enactment – Steep Hill is one of those companies.”
Friedman LLP (“Friedman”) is the Company’s new independent registered public accounting firm
Oct 13, 2015 http://ir.stockpr.com/pazoo/all-sec-filings/content/0001127855-15-000411/pazoo8k101315.htm
Pazoo, Inc., As Promised, Pays Off LG Capital LLC Note, Receives Traditional Investment
Oct. 1, 2015 Pazoo expects be able to pay off other Notes within the next few weeks.
Pazoo, Inc. Receives $200,000 Loan To Make Las Vegas Testing Lab Fully Operational In November Of This Year
Sept. 24, 2015
Pazoo has received a $200,000 Loan to be paid back from the revenue and earnings of the Las Vegas Facility.
There can be no debt to equity conversion as this is a more conventional form of financing.
Pazoo Wholly-Owned Subsidiary, CannabisKing Distribution, Adds A Revolutionary One-Of-A-Kind Patented Water Conservation Product
Sept. 9, 2015 http://www.prnewswire.com/news-releases/pazoo-wholly-owned-subsidiary-cannabisking-distribution-adds-a-revolutionary-one-of-a-kind-patented-water-conservation-product-300139224.html
Pazoo, Inc. To Present On Cannabis InvestorWebcast
Sept. 3, 2015 http://ir.stockpr.com/pazoo/press-releases/detail/1527
Pazoo, Inc. Subsidiary CannabisKing Distribution Adds Over 10 New Accounts; Company Receives Steady Reorders and Additional Commitments for AccuVape
Sept 2, 2015 http://ir.stockpr.com/pazoo/press-releases/detail/1526
Pazoo Signs Deal With New Consulting Company, Luchesi & Brand LLC
Aug. 31, 2015
Luchesi & Brand has already delivered business for CannabisKing for the AccuVape product line, has potential accounts for MJ Payment lined up, as well as connected some growers with our current testing labs
Pazoo Wholly-Owned Subsidiary Harris Lee Announces Agreement in Principal with Harris Lee Colorado, LLC to Operate New Lab in Colorado Cannabis Testing Market- May 20, 2015
Transcript PZOO Q2 2015 Earnings Conference Call
August 26, 2015 12:00 PM ET
Excerpt from CC - David Cunic - CEO
This is a great question, I am happy a shareholder emailed this to us. We believe the valuation of the company is highly undervalued, when you compares us to our main competitors and what their stock prices are currently at.
One needs to remember we just went to the Marijuana sector less than a year ago and there is a very high barrier cost to enter the Marijuana sector and even higher level cost when entering the lab sector within the Marijuana industry. Now if you were to look at this year alone, let’s review some of the major accomplishment Pazoo has achieved in last seven months and I’m going to go through those right now.