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PHOT News .051 MSN Money Highlights GrowLife, I

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Post# of 145140
Posted On: 11/16/2012 8:55:17 AM
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Posted By: lucyinthesky

PHOT News .051



MSN Money Highlights GrowLife, Inc. and Other Industry Players



2012-11-16 08:30 ET - News Release


 




 


 


WOODLAND HILLS, Calif., Nov. 16, 2012 /PRNewswire/ -- GrowLife, Inc. (PHOT), an industry-leading consortium of high-end gardening and horticulture brands focused on merchandising the "picks and shovels" of the growing "green rush", today announced that it was featured in a recent article written by Bruce Kennedy on MSN Money. The article highlighted how changes in state marijuana laws are encouraging some cannabis-related companies to go public, including GrowLife Inc., Hemp Inc. (HEMP), Medical Marijuana Inc. (MJNA).


Sterling Scott, GrowLife, Inc. CEO, was quoted in the article as saying, "It was almost unthinkable 10 years ago that you would have legitimate, fully reporting to the SEC companies that were in the nature of pure plays, with positions in the medical marijuana industry." Now, Mr. Scott estimates that there are about 10 cannabis-related companies being traded over-the-counter, including GrowLife, Inc. – an established company that sells equipment and expendables





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