Grow Solutions Holdings Inc (OTCMKTS:GRSO) has acquired Pure Roots Holdings Inc through an all-share swap deal in 2019. Pure Roots possesses licensing rights to Aeropod Vertical Grow Indoor System. It also holds licensing rights to its other subsidiaries. Pure Roots became a pink sheet reporting company by reporting its financials on the OTC markets. It regularly updates its shareholders about the progress in the business.
Grow Solutions sells Aeropods
Grow Solutions entered a pact to sell its Aeropods to a B.C. based company. It has applied to rapidly expand its business and sell other products along with Aeropods. Chief Executive Officer of Grow Solutions, Chad Fischl, conveyed its sincere thanks to everyone, who helped the company to take the modular automated farming to a monetizable commercial model.
Focuses on growth in 2020
Grow Solutions will focus on cannabis, indoor vertical ag-tech, and plant-based diets for growth in 2020. The company will take major initiatives with its strong and knowledgeable team and competent technology this year as it establishes new facilities. Chad said the company has achieved a lot and progressing after becoming public. It has to achieve a lot more and making the roadmap to achieve the set targets.
Expands Pure Roots Urban Farms into the US
Grow Solutions plans to expand the Pure Roots Urban Farms into the US. It is also exploring options to expand its high-quality cannabis projects (extraction and cultivation) in Canada and worldwide. The company will commission its first Pure Roots Urban Farm in B.C. in Q2 2020. With expanding markets for recreational and medical use, Grow Solutions expects large gains in the cannabis space worldwide. It also yearns to make a great impact on the food supply chain across the world.
Receives the first PO
Grow Solutions has announced the receipt of the first PO for $1.5 million from Pure Roots Urban Farms BC Inc. The company will begin the shipments in Q1 2020. It is the first sales of the proprietary grow system. It is in discussions with international and national companies to promote the sales of the Aeropod grow system, which is a highly productive indoor grow system.
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