Expect this week to be a comeback for marijuana stocks and the cannabis sector as a whole.Elections and new legislation have the marijuana debate gaining mainstream media exposure similar to what was seen in 2014, the year of the marijuana boom. Some companies that were once considered marijuana industry leaders are beginning to pump life back into the sector. GRNH and PHOT are leading the marijuana sector.
The resurgence of GrowLife (PHOT) as a high flier has the marijuana investment community buzzing. High volume trading, coupled with triple-digit gains is what attracted so many traders and investors to the marijuana sector more than two years ago.
The indoor growing market for cannabis plants is here to stay. Opportunity for it to double for several years, especially after this year when up to 20 more States vote on further Cannabis legalization at the end of the year. GrowLife will continue to establish itself as a national brand to provide the much-needed advisory services and sell lighting, nutrients, mediums and other equipment and supplies to cultivators across the country. The demand for more healthy, safer and economical ways to run indoor growing operations will dramatically increase and require innovative products to intelligently drive down costs without compromising quality. This is our expansion strategy. Growlife (PHOT) growth plan consists of adding more knowledgeable, talented and committed people, creating greater access to equipment and supplies, and offering more and better choices.
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