I posted this on the PHOT board regarding their recently announced GIFT announcement. It pretty much sums up why I bought into plpe.
I have been reading up on the GIFT program and one sentence in particular jumps out at me.
"The GIFT program allows fully-licensed and compliant growers and dispensaries in well regulated cannabis markets including locations in WA, CO, MA, NV, IL, AZ, OR, CT and Canada to spread the cost of infrastructure builds over time."
Now we all know that Sterling is an attorney and if anyone knows marijuana regulations it is him. We also know that Sterling and Kyle Tracy are founders of / investors in Vape Holdings. When this was initially revealed (which was prior to the GIFT announcement", Sterling stated that vape holdings crossed over into the area of the marijuana industry that they did not feel comfortable exposing Growlife too. What better way to bridge this "gap" than the GIFT program.
A little more digging around the vape holdings website reveals this gem.
1) Vape Holdings is currently negotiating with a Colorado state-licensed enterprise to acquire a state-of-the-art cannabis extraction facility, or its production via commercial offtake. As they are available, details will be announced by company press release.
Anybody want to take a guess on who is going to be one of the first beneficiaries of the GIFT program?
AI
