Thursday, November 30, 2017 9:58:14 AM
Thu Nov 30 09:41:00 2017 EDT
KIRKLAND, Wash., Nov. 30, 2017 /PRNewswire via COMTEX News Network/ --
GrowLife, Inc. (PHOT), one of the nation's most recognized indoor cultivation
product and service providers, today announced that the Company has opened a new
retail location in Canada in order to meet the demands of the growing Canadian cannabis
cultivation market.
The store, which is located at 2323 32nd Ave #113 in Calgary, Alberta, will
offer Growlife's full suite of products for its hydroponic and organic growing customers
of all sizes. In addition to its traditional retail product offering, Growlife will
staff the location with industry experts who will educate and train its customers
on efficient growing and cultivation practices. This helps the Company achieve its
mission of helping its customers become successful growers.
The Company has continued expanding its market share in Canada over recent
months as the regulated cannabis industry develops and plans on reaching new private
and professional growers in the country as the regulatory environment shifts toward
legalization.
The number of medical marijuana patients in the country has tripled in the
past year and as of July 2018, all Canadians 19 years of age and over will be legally
allowed to grow up to four plants in the privacy of their homes. This has resulted
in a 20% increase in the number of licensed medical marijuana producers in the country.
Growlife's product offering is designed to meet the needs of cultivators of any
size, from "home grows" to commercially licensed producers offering services such
as equipment fulfillment, room design, educational consulting and regulatory compliance
support.
"We are extremely excited to reach this milestone in our international expansion
efforts into Canada," said Growlife CEO Marco Hegyi. "We have been watching the
Canadian market closely and see a huge potential as the regulatory framework for
cannabis changes. We will not only be able to service the smaller home grower, but
also give new and established licensed producers the support they need to flourish
by reducing costs while maintaining quality."
Deloitte estimates the Canadian market has a base retail value between $4.9
billion-$8.7 billion, which would rival the size of the $5 billion Canadian spirits
market.
For more information about GrowLife, please visit the company's website.
Products can be purchased at, GrowLifeEco.com in the US or Growlifehydro.ca in Canada.
Additional commentary on the Company and the industry as a whole can be found on
the CEO's blog.
About GrowLife, Inc.GrowLife, Inc. (PHOT) aims to become the nation's largest
cultivation service provider for cultivating organics, herbs and greens and plant-based
medicines. Our mission is to help make our customers successful. Through a network
of local representative covering the United States and Canada, regional centers
and its e-Commerce team, GrowLife provides essential goods and services including
media, industry-leading hydroponics equipment, plant nutrients, and thousands more
products to specialty grow operations. GrowLife is headquartered in Kirkland, Washington
and was founded in 2012.
For more information, The GrowLife 2017 Stockholder Review presentation can
be found on the Company's homepage at www.GrowLifeInc.com.
Public Relations Contact: Andrew HardChief Executive OfficerCMW MediaP: 888-829-
0070andrew.hard@cmwmedia.comwww.cmwmedia.com
Sources: https://mjbizdaily.com/marijuana-cultivators-20-canada-industry-scrambles-meet-growing-demand/
https://www.forbes.com/sites/debraborchardt/2017/04/13/canada-takes-big-step-towards-creating-8-billion-legal-marijuana-industry/#41b6948624eb
View original content:http://www.prnewswire.com/news-releases/growlife-inc-opens-flagship-canadian-retail-location-as-federally-regulated-market-rapidly-expands-300564400.html
SOURCE GrowLife, Inc.
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