PHOT News .057
Fox Business' Willis Report Recognizes the Growing 'Green Rush'
2012-11-20 08:30 ET - News Release
WOODLAND HILLS, Calif. , Nov. 20, 2012 /PRNewswire/ -- GrowLife Inc. (OTCBB: PHOT), an industry-leading consortium of high-end gardening and horticulture brands, is focused on merchandising the "picks and shovels" of the growing "green rush". As highlighted recently on Fox Business' Willis Report, GrowLife is amongst the public companies leading the charge to provide the best equipment possible to help reduce grow cycle times and maximize harvest. Derek Peterson , CEO of Terra Tech, was recently featured on the Fox Business 'Willis report' discussing the various ways to invest in today's "green rush". Peterson talks about investing in ancillary companies that help to support the industry, versus those that have a more direct interest, such as a medical marijuana dispensary. "GrowLife operates on the leading edge of high-end horticulture with a complete line-up of indoor gardening products," said GrowLife Inc. CEO Sterling Scott . "Our products have been scientifically shown to reduce grow times and produce greater yields than traditional soil gardening, while outperforming many other hydroponic equipment makers." Soilless gardening (hydroponic gardening) offers many advantages to the home grower; and since a sterile medium is used hydroponic growers rarely have to deal with weeds, insects or other pests. Plants grown using these methods also don't tend to grow large root systems, meaning they mature more quickly than soil grown plants. According to a study done by Virginia Tech , "Properly grown hydroponic plants also are healthier and more vigorous because all of the necessary growth elements are readily available. The plants can mature faster, yielding an earlier harvest of vegetable and flower crops. Hydroponic gardens use less space since the roots do not have to spread out in search of food and water." The study continues on to say "The big advantage to hydroponics is the ability to automate the entire system with a timer. Automation reduces the actual time it takes to maintain plant growth requirements. Automation also provides flexibility to the gardener as one can be gone for long periods of time without having to worry about watering the plants."
