Pazoo Inc. (PZOO)

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We posted a few videos last week. They are worth a watch, but we know some folks are busy. Here's a recap until you get the chance to watch them:


Mitch Kulick, General Counsel of Steep Hill Labs (video #1)
Speaks about Steep Hill’s background. It was founded 8 years ago as the first commercial cannabis lab in the country. He makes it clear that Steep Hill has licensed the Colorado lab to Pazoo. Mr. Kulick also makes it clear that Pazoo and Steep Hill are working together as he describes the operation and legal side of things. Steep Hill has advised Washington, Nevada and California state legislatures on their standards. Pazoo was approached by Steep Hill through MA & Associates, which was brought about by a residency issue in Nevada. He says Pazoo does what they say, and it has led to their current “partnership of trust”. He says Steep Hill wants to expand their national presence, and that it’s good to have a partner like Pazoo.

https://vimeo.com/129819268



Michael Tulimero, Head Sales Rep at MA & Assoc. (video #2)
Cultivators and producers will need testing done. Pazoo is proactive in finding these people to get their business, because not all growers agree to release their information. Of course, Pazoo does release their information because they want these people’s business.

https://vimeo.com/129819272



George Jage, President and Publisher of Marijuana Business Media (video #3)
Marijuana Business Media is the go to B2B news source. They discuss marijuana going mainstream and the tax boom in Colorado due to success. He thinks Pazoo’s labs are an important part of consumer safety, and that testing will become an important part of the industry. MJ Biz estimates there are only 40-50 testing labs in 2015. There are huge profit gains in the testing companies, and more states are getting on board with the need to test marijuana. They estimate total MJ sales across the US at $2.8-3.1B in 2015. MJ Biz also calculates a 2.3 multiple on top of the gross product created for ancillary products and services, (including testing facilities, equipment providers, etc). This means there are lots of money to be made in derivatives, outside of the growing/selling.

https://vimeo.com/129819271



David Cunic, CEO of Pazoo (Video #4)
Announcing that Pazoo HAS OFFICIALLY ACQUIRED THE REMAINING 60% OF MA ASSOCIATES making them a fully wholly owned subsidiary of Pazoo.
Also, the Harris Lee Denver, Colorado location is in the final stages of doing their mandatory in state residency requirements.
Pazoo is also finding a space out in Portland, OR. And for the rest of the year will be looking at a few other States and finalizing which ones they really want to get into in the near future.

https://vimeo.com/129820407