Grow Solutions Holdings Inc (GRSO)

[SPARK]

GRSO - Folk may want to read this:

This info is from earlier this year June 20, 2016 - Can't wait for the news-gates opening:

May’s revenue run rate at approximately $6.5 million annually, and we expect June’s revenue run rate to be approximately $8.0 million annually

We continue to grow our operations monthly and have planned additional acquisitions and expansions that we believe will continue to increase our revenue by the end of 2016.

Acquisition: One Love Garden Supply – Boulder, CO - we have increased sales dramatically, and our current revenue is approximately $300,000 per month.

We entered into an agreement for the creation of Jobgrow.com - JG was partially funded and developed by Joe Abrams (co-founder of MySpace.com - JG to be aided by robust initial participation as the Creators acquired Recruiter.com with its approximately 35,000 recruiter members and 3,000,000 professional members. These members will become immediate participants on JG. - UDPATE COMING?

- Acquisition: Hygrow – Denver, CO - Hygrow sales have increased tremendously to approximately $120,000 per month.

- FutureTech Products was launched in March 2016 to develop products for the consumer market to be sold in smoke shops - We believe these products represent vast improvements over other products in their respective categories and provide margins in excess of 40% for the Company’s product division.

- Acquisition: Mile High Hydro Denver CO - a full service online grow store (“MHH”). MHH offers a full line of gardening supply and agricultural products to growers throughout the country - In our first month of acquiring MHH, sales have grown to approximately $120,000 per month.

- Expected Launch: GSI Greenhouse Division – Denver, CO - We are working to secure manufacturing partners in China to produce commercial greenhouses for our market and will launch the greenhouse division in the fourth quarter of 2016.

- Expected Launch: Proprietary Grow Products - We are in the process of establishing manufacturing channels to produce lighting, nutrients, soil and grow accessories. We expect to launch these products under our own branding, distribute them through our online relationships and sell them in our stores and commercial sales division. These products are expected to launch in the first quarter of 2017.
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June 20, 2016 Grow Solutions Holdings, Inc. 535 5th Avenue, 24th Floor New York, New York 10017 Re: Grow Solutions Holdings, Inc.

Dear Investor: We would like to take this opportunity to thank you for your investment in Grow Solutions Holdings, Inc. (“we,” the “Company,” or “GSI”) and provide you with an update on our progress to date. Effective April 28, 2015, GSI became a public reporting company with the U.S. Securities and Exchange Commission (the “Merger”). At the time of the Merger, we had a model and plan that we believed in, but had not generated any revenue. We are pleased to report that we exceeded our expectations this first year with May’s revenue run rate at approximately $6.5 million annually, and we expect June’s revenue run rate to be approximately $8.0 million annually. We continue to grow our operations monthly and have planned additional acquisitions and expansions that we believe will continue to increase our revenue by the end of 2016.

Set forth below is a summary of the Company’s events this past year and future developments which the Company is currently pursuing. ACQUISITION: ONE LOVE GARDEN SUPPLY – BOULDER, CO Effective May 13, 2015, we acquired One Love Garden Supply (“OLGS”) located in Boulder, Colorado (the “Acquisition”). OLGS is a wholly owned subsidiary of the Company and a full service garden and grow store with over 5000 different products sold to the regulated cannabis and agricultural industry. When we started working with OLGS, using our model and formula we have increased sales dramatically, and our current revenue is approximately $300,000 per month.

We recently expanded the store and now occupy over 7,000 square feet, which allows us to purchase products in bulk and increase our margins to facilitate continued growth. CONTINUED DEVELOPMENT: REGULATED CANNABIS JOB PLATFORM -

JOBGROW.COM In June 2015, we entered into an agreement for the creation of Jobgrow.com (“JG”), which we believe will be one of the first interactive web platforms in the regulated cannabis space for employers, employees, and recruiters to post job requirements and match employees with employers. JG was partially funded and developed by Joe Abrams (co-founder of MySpace.com and consultant to the Company) and Mike Woloshin (the “Creators”). We plan for JG to serve as a platform providing a solution for individuals searching for jobs in the regulated cannabis industry. Additionally, we plan for JG to provide these individuals with the means to become eligible and licensed in the regulated cannabis industry thereby creating opportunities for employment. We expect for JG to be a fee based model and to include recurring monthly revenue through subscription by both employees and employers. Additionally, we anticipate JG to evolve into an education and content platform, employee benefit option for employers and other vital functions which we believe are absent from the market today. We plan for JG to be aided by robust initial participation as the Creators acquired Recruiter.com with its approximately 35,000 recruiter members and 3,000,000 professional members. These members will become immediate participants on JG.

ACQUISITION: HYGROW – DENVER, CO, PUEBLO, CO On September 23, 2015, the Company’s wholly owned subsidiary OLGS acquired HyGrow to expand its indoor gardening supplies and related agricultural products. Now under the banner of OLGS, Hygrow sales have increased tremendously to approximately $120,000 per month.

We now have a large Denver store and satellite Pueblo store to service those areas. Since acquiring HyGrow, we built a second floor in our Denver location for offices and a conference room. These offices will be used by additional sales people we plan to hire to service the larger commercial gardening and agricultural market. We expect to increase sales from our Denver store and expect to move our Pueblo store to a larger location by the end of 2016.


DEVELOPMENT AND LAUNCH: FUTURETECH PRODUCTS – POMPANO BEACH, FL FutureTech Products was launched in March 2016 to develop products for the consumer market to be sold in smoke shops, head shops and dispensaries. We currently have three product lines consisting of (i) OptiFlavor Technologies, which produces vaporizers for both flower and concentrates, (ii) Terpene Preservation Labs, which produces storage containers for both flower and concentrates and are designed to preserve the terpene profile of cannabis products and (iii) RozTek, which produces heat/pressure extraction devices that produce solventless extracts. We believe these products represent vast improvements over other products in their respective categories and provide margins in excess of 40% for the Company’s product division.

ACQUISITION: MILE HIGH HYDRO – DENVER, CO On April 25, 2016, the Company acquired Mile High Hydro, which is a full service online grow store (“MHH”). MHH offers a full line of gardening supply and agricultural products to growers throughout the country. In our first month of acquiring MHH, sales have grown to approximately $120,000 per month. We believe MHH will benefit from lower pricing and fulfillment offered by OLGS further increasing its profitability.


EXPECTED LAUNCH: GSI GREENHOUSE DIVISION – DENVER, CO As the cannabis industry grows in size, there are increased pressures on the use of electricity for the growing of regulated cannabis. Many commercial growers are increasing their margins and reducing electricity input costs by moving production to greenhouse facilities. We are working to secure manufacturing partners in China to produce commercial greenhouses for our market and will launch the greenhouse division in the fourth quarter of 2016.

EXPECTED LAUNCH: PROPRIETARY GROW PRODUCTS In order to capture additional commercial clients and add margin to our retail stores, we are in the process of establishing manufacturing channels to produce lighting, nutrients, soil and grow accessories. We expect to launch these products under our own branding, distribute them through our online relationships and sell them in our stores and commercial sales division. These products are expected to launch in the first quarter of 2017.


FUTURE DEVELOPMENTS AND CONCLUSION We are excited with the progress we have made and appreciate your investment in the Company. We are continuing to execute on our roll-up strategy and have entered into a letter of intent to acquire an online wholesale ordering club for convenience stores, wellness stores, vape shops, smoke shops, natural/holistic shops, and other retailers. Additionally, we are in negotiations to acquire two full service garden and supply stores located in Boring, Oregon and Key West, Florida, and are evaluating the acquisition of a leading distributor of consumer product brands to smoke shops and dispensaries. There can be no assurance that the actual results or developments that have been anticipated herein will be realized. Even if the results and developments discussed herein are substantially realized, there is no assurance that they will have the expected results or impact on the Company, its business or operations. Please note that in accordance with the securities laws, we will not be able to respond to individual requests regarding the status of the Company until such time as we are able to inform all of our investors simultaneously. The Company plans to reach out to all of our shareholders again within the next 90 days, and periodically thereafter, with updates regarding current developments at the Company. Sincerely, Jeff Beverly President Grow Solutions Holdings, Inc.
http://growsolutionsinc.com/wp-content/uploads/2016/06/GRSO-INVESTOR-LETTER.pdf