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HUNTINGTON BEACH, CA (Marketwired) 03/13/14 -- W Technologies,

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OTCRIDER   Sunday, 02/22/15 10:50:59 AM
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HUNTINGTON BEACH, CA (Marketwired) 03/13/14 -- W Technologies, Inc. (PINKSHEETS: WTCG) ( announced today that its Joint Venture Partner, 420 Innovations LLC, is seeking licenses to become a retail seller of medical marijuana in both Colorado and Washington State and the same time it plans to continue to identify immediate opportunities within the existing market of California. The aggressive expansion of licenses in the medical marijuana sector marks a bold move for the future direction of 420 Innovations LLC, and its Joint Venture partner, W Technologies, Inc.

Ronald Costa, President of SoMo Technologies, Inc., a subsidiary of W Technologies, Inc., said, "We've said this over and over again, and it merits saying once more, that the two biggest factors of a successful business are a mobile marketing campaign and the number of people who see it. Through our mobile marketing subsidiary our social media concepts will be applied to the products that 420 Innovations produces and sells, both on a wholesale basis to retailers and direct to consumers through the Internet, where legal." Mr. Costa went on to say, "As more states consider the legalization of marijuana, and not unlike other companies such as Terra Tech and FusionPharm, and many others, 420 Innovations is considering the expansion into other products and facets of the business, not limited to the processing and sales of marijuana, but also into related products where our social media concept can and will be useful. Many people predict that the current growth trend in the legal marijuana industry is poised to experience dynamic expansion and the regulated, domestic cannabis market, as well as other related products, could grow from what has been estimated to be approximately $1.5 billion to $20 billion over the next several years."

Gary Koelsch, President of W Technologies, said, "Our plans and focus are on growing W Technologies, its subsidiaries and Joint Venture partners to create steady and increasing revenue streams for the Company. With access to the capital markets necessary to fund the Company's aggressive growth plans, we believe the opportunities which the Company has in sight are significant."

W Technologies, Inc. Joint Venture Partner, 420 Innovations LLC, Seeks Licenses to Become a Retail Seller of Medical Marijuana in Washington State and Colorado

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