FUSIONPHARM offers guaranteed financing to licensed cannabis industry operators
DENVER, May 14, 2013
DENVER, May 14, 2013 /PRNewswire/ -- FusionPharm, Inc. (OTC: FSPM), the developer of the patent pending PharmPods™ hydroponic cultivation system (www.pharmpods.com), today announced that it will immediately begin offering guaranteed financing to state licensed cannabis cultivators via its licensee, Colorado based Meadpoint Venture Partners. PharmPod containers utilize state of the art lighting systems, super-efficient HVAC systems and automated control systems to achieve outstanding results in controlled environment agriculture.
"Given the problems with banking and traditional capital sources in the cannabis industry, we realize that providing financing to licensed cultivators will allow us to maximize our sales potential," said FusionPharm CEO Scott Dittman. "We expect sales of our container systems in the cannabis space to increase substantially with the availability of financing and the growth of the cannabis industry in our home state of Colorado and the many other States that will soon issue cultivation permits."
About FusionPharm, Inc.
FusionPharm, Inc. was organized to capitalize on opportunities present in the rapidly growing organic/local food and cannabis industries. FusionPharm's primary focus is the development and deployment of the patent pending PharmPods(TM) advanced hydroponic cultivation systems. PharmPods are constructed from standard ISO steel shipping containers that are repurposed for use in indoor controlled environment agriculture. Using advanced lighting technology , cutting edge growing media and proprietary cultivation techniques, a single PharmPod is capable of growing more produce than one full acre of traditional agriculture in less than half the time using 90% less water than traditional agriculture, with no harmful pesticides or herbicides.
DENVER, May 14, 2013
DENVER, May 14, 2013 /PRNewswire/ -- FusionPharm, Inc. (OTC: FSPM), the developer of the patent pending PharmPods™ hydroponic cultivation system (www.pharmpods.com), today announced that it will immediately begin offering guaranteed financing to state licensed cannabis cultivators via its licensee, Colorado based Meadpoint Venture Partners. PharmPod containers utilize state of the art lighting systems, super-efficient HVAC systems and automated control systems to achieve outstanding results in controlled environment agriculture.
"Given the problems with banking and traditional capital sources in the cannabis industry, we realize that providing financing to licensed cultivators will allow us to maximize our sales potential," said FusionPharm CEO Scott Dittman. "We expect sales of our container systems in the cannabis space to increase substantially with the availability of financing and the growth of the cannabis industry in our home state of Colorado and the many other States that will soon issue cultivation permits."
About FusionPharm, Inc.
FusionPharm, Inc. was organized to capitalize on opportunities present in the rapidly growing organic/local food and cannabis industries. FusionPharm's primary focus is the development and deployment of the patent pending PharmPods(TM) advanced hydroponic cultivation systems. PharmPods are constructed from standard ISO steel shipping containers that are repurposed for use in indoor controlled environment agriculture. Using advanced lighting technology , cutting edge growing media and proprietary cultivation techniques, a single PharmPod is capable of growing more produce than one full acre of traditional agriculture in less than half the time using 90% less water than traditional agriculture, with no harmful pesticides or herbicides.
