WOODLAND HILLS, Calif., March 15, 2013 (GLOBE NEWSWIRE) — GrowLife, Inc. (PHOT), a provider of highly effective indoor growing technologies and unique lifestyle brands, reports that the company will expeditiously begin to examine greater opportunities in the State of Illinois following a favorable state House panel approved measure to legalize the use of marijuana in medical cases on Wednesday, March 6, 2013. The measure now moves toward a full House vote.
“We’re pleased to see yet another positive step in the relaxation of marijuana laws and the potential for broader use in a state as large as Illinois,” states GrowLife CEO, Sterling Scott. “GrowLife will be closely monitoring the events to follow and will be prepared to increase our presence in the State of Illinois as greater opportunities manifest for the company. We intend fully to participate in the expansion of any potential marijuana market in Illinois with our established and diverse product line.”
While previous attempts to legalize marijuana have failed in Illinois, a series of positive legislative events and policy changes in Washington State, Colorado and New York City have increased pressure on legislators to enact new laws to deal with rising interest in both medicinal and recreational uses of marijuana.
The Huffington Post (link below) reports that the bill’s sponsor, Rep. Lou Lang (D), is optimistic about approval, having crafted a measure that “has even tighter regulations than those of past failed iterations which at the time were the most strictly-written in the country.”
Click here for The Huffington Post report.
About GrowLife, Inc.
GrowLife, Inc. (PHOT) (formerly Phototron Holding, Inc.) (www.growlifeinc.com) is a company with core holdings in innovative technology-based products and services for the indoor gardening industry and specialty markets. These brands include Stealth Grow, a producer of grow room automation equipment and hi-powered LED grow light products for indoor horticulture (www.sgsensors.com and www.stealthgrow.com), Greners.com, the online hydroponics superstore (www.greners.com) and Phototron, producer of hydroponic grow containers, which are designed to grow vegetables, herbs, flowers and fruits in any environment (www.phototron.com). GrowLife is also the US distributor for the Urban Cultivator brand–the greens machine (www.urbancultivator.net).
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this press release contains forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. Examples of forward looking statements contained in this press release include statements relating to potential research results and plans relating to acquisitions, investments or collaborations. A discussion of factors that may affect future results is contained in GrowLife’s filings with the Securities and Exchange Commission. In addition, all industry products are subject to additional uncertainty, including the risks of delay, cancellation and poor critical or financial reception. GrowLife disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.
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