GrowLife Inc (PHOT)

[Odis]

"We believe that this Joint Venture allows GrowLife to participate in the most lucrative of legal cannabis opportunities, and to be an early entrant into a space that we believe has enormous upside and growth potential; and to do so without any immediate dilution to our shareholder base," added Scott. "In fact, by providing warrants to our JV partner for their capital outlay, we ensure that the shares provided are tied to capital opportunities directly through the warrant conversion, the revenue possibilities to GrowLife of GIFT transactions and a range of other growth oriented activities under the scope of the JV."