Thursday, March 27, 2014 9:00:13 AM
That's really not too hard to do since I have my own GL equipment....what I'm waiting for is the potential news of a media production joint-venture with PHOT....
http://seekingalpha.com/instablog/10425141-small-cap-reporter/1931742-first-time-media-and-marijuana-mix-stbv-partners-with-growlife-in-new-studio-build
First Time Media And Marijuana Mix: STBV Partners With GrowLife In New Studio Build!
Jun 7, 2013 8:23 AM | about stocks: STBV, HEMP, PHOT, MJNA
During the past 6 months, the marijuana industry has been expanding through recent developments in the United States. Recently, Strategic Global Investment (OTCPK:STBV) has taken a leap into the marijuana industry by partnering with GrowLife, Inc. (OTCQB:PHOT) to create GrowLife Studios: San Diego. GrowLife studios allows for a multi-channel media network for the marijuana industry. STBV has set aside their largest studio space within STBV headquarters to begin production.
Strategic Global is now set up for multiple streams of revenue in a quickly expanding industry. States like California and Colorado have legalized marijuana allowing for a large expansion opportunity for hemp and medical marijuana producers. 15 other states have legalized marijuana for medical purposes. In the past 6 months, many marijuana producers such as Hemp, Inc. (OTCPK:HEMP) and Medical Marijuana, Inc. (OTCPK:MJNA) have seen outrageous amounts of growth. GrowLife itself has had a 725% increase in its first quarter revenue of the 2013 fiscal year. Furthermore, GrowLife's revenues in Q4 of 2012 also saw record highs, all due to the rapid expansion of marijuana.
This creates a win-win scenario for both GrowLife and Strategic Global Investment by allowing expansion through the marijuana industry, and expansion for Strategic Global's technology & media. It allows STBV to market GrowLife, while GrowLife will attract an entirely new customer base for Strategic Global. According to an article from Medical Technologies, a 2011 study expected cannabis to be a $1.3 billion market with an expected growth to $8.9 billion in 2016.
STBV is the first company to align digital advertising with the multi-billion dollar marijuana industry through GrowLife Studios. According to a press release from Internet Advertising Bureau, digital advertising hit historic highs in Q3 of 2012 of $9.3 billion. With the expanding digital advertising industry pairing up with the expanding marijuana industry, there is potential for exponential gain. GrowLife's Chairman & CEO Andrew Fellner stated, "An ability to align our company with the 'green rush' that has the potential to be a great opportunity for our shareholders. It is our intent to provide GrowLife and any partners of this project with the best production quality… In doing so, we expect to acquire a long-term customer and related revenue."
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