Replies to post #33950 on GrowLife Inc (PHOT)

[dmcc2087]

Thanks for explaining that. When I was on the website I thought they had actually growing locations. Right now it is just the brick and mortar stores that sell all the equipment you need. This is an interesting play I will watch for a while I think.

[LAmerica]

youngbull, by George, you've eyed quite an artery....

re your post:

The gift program will allow growlife to help finance large grows that will be paid off over time.. Phot is positioning itself as a financial institution for cannabis both medical and recreational.. Banks are hesitant to lend loans to MJ companies because of the social stigma around MJ.. Growlife looks to capitalize on this and become entrenched in the MJ movement early

insightful post.

furthermore, even if a bank is willing to take on that risk, they can't provide the other competitive capital equipt & possible digital marketing backbone that phot can offer to a grower.

look closely at the canx structuring. follow the line. you will find George behind that curtain. Look who is w/ that bank. I think that will be very interesting to watch in re to how this plays out.

if phot is going to be a financial backbone also for large potential growers, then we have to hope it will be more then our shares wh/ will provide the financial domain for the credit line these growers will seek. If bank of George is that backstop, then you have something bigger & sustainable as this industry scales up.