GrowLife Inc (PHOT)

[SingleFile]

GrowLife to Receive Up to $40 Million for Acquisitions, Growth Capital, & GIFT Program

WOODLAND HILLS, Calif., Nov. 21, 2013 /PRNewswire/ -- GrowLife, Inc. (OTCBB: PHOT), a diversified company operating in the legal cannabis industry which develops, markets and deploys products and services addressing the needs of legal cannabis growing and retail operations, including hydroponic growing equipment and retail support software, is pleased to announce that the Company, through a Joint Venture (JV) has received a commitment to receive up to $40,000,000 to be used primarily on acquisitions, GrowLife Infrastructure Funding and Technology program (GIFT), and other expansion initiatives.

http://www.prnewswire.com/news-releases/growlife-to-receive-up-to-40-million-for-acquisitions-growth-capital--gift-program-232814581.html