Tuesday, July 28, 2015 9:45:05 AM
All agreements will be forwarded on to the Colorado MED for review. A small redesign of the layout of the laboratory will be undertaken to increase the efficiency and functionality of the facility. Over the past 2 months the Pazoo team has made contact with numerous growers and has gotten firm commitments from these growers to test with HLC once the State review is complete. This testing facility currently is using the Steep hill methodology and will continue to utilize this methodology moving forward under the license agreement signed between Harris Lee, LLC and Steep Hill Labs, Inc.
The Denver, Colorado facility is currently certified to provide potency testing. However, the process has already begun to achieve certification for the additional tests required in Colorado. This already revenue generating facility is expected to quickly expand the number and types of tests currently being conducted.
David Cunic, Co-CEO, states, "We are making the all-important move to a revenue growth stage company. There is a very strong foundation that has been created. We expect the Oregon lease to be finalized soon and we have already garnered strong interest for the products currently being distributed by CannabisKing. I want to thank the patience and support of our shareholders and I can now say with confidence that there is no limit to the success that will be achieved moving forward."
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