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Growlife Inc (OTCMKTS:PHOT) Files Provisional Patent Application For Vertical Cannabis Production Process

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Growlife Inc (OTCMKTS:PHOT) has submitted a provisional patent with the USPTO on its vertical cannabis cultivation framework. The firm, via its subsidiary unit GrowLife Innovations, remains focused on inventing and discovering new practices and technologies for the booming cannabis market that help to attain its objective of bringing the most high-yield and efficient practices to its indoor grow customers.

The highlights

This patent comprises an invention of a process of vertical cultivation which records much larger production capacities versus compared to conventional or horizontal indoor grows. The extremely automated, closed-loop mechanism for growing cannabis offers apparatus and methodology to achieve maximum consistent quality and plant yield at the lowest unitized cost. Marco Hegyi, the CEO of Growlife, expressed that this proprietary growing process targets the cannabis supply chain concern by applying robust scientific principles together with developed industrial process control and validated growing methodology.

The next big cannabis story to hit North America is Phoenix Life Science International (PLSI), traded in the US, but with the largest global production based in the tropics and a license to distribute worldwide. Take a look at Phoenix Life Science International PLSI), Its currently trading under $18 dollars per share on the OTC markets. Learn More Now!

They noted that as the cannabis market grows, resources like real estate will become scarce. Cultivators will need to enhance production capacities without expanding their costs or footprint to stay competitive, which turns possible with this new grow process. Growlife persists to strategically advance its product offering so as to fulfill the demand of the buzzing cannabis market in California, where the market is anticipated to reach $7 billion by the close of this year, and across North America.

Additional information on company can be found on its official online platform. Products can be bought at GrowLifeEco.com. The main objective of company is to become the leading grow service provider for growing plant-based drugs, greens, herbs and organics in the country.

In the last trading session, the stock price of Growlife declined more than to 10% close the day at $0.0226. The decline came at a share volume of 56.59 million compared to average share volume of 63.95 million.

Pushing the barriers for global distribution, Phoenix Life Science International (PLSI) is the next cannabis play. Just think Canopy x 100, that is how big their plantation in the tropics will be. No lights, no green houses, just maximum growth + minimal cost = home run. Learn More Now!

   

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