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Where is Growlife Inc (OTCMKTS:PHOT) Heading?

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Growlife Inc

Marco Hegyi, the Chairman and CEO of Growlife Inc (OTCMKTS:PHOT), expressed that the company is growing again, however they want this growth to be faster. The management must continuously remember that they are developing an industry and not merely a firm. They have been looking to complete their first half of the year to their blog as a follow up on the February 24, 2017 blog posting of “2017 GrowLife Roadmap”. The industry is being redesigned by a political war between the 30 States that have approved Cannabis and Federal Administration. These are mounting pains.

The details

The CEO of GrowLife said that they are back to revenue growth and managed the decline of 2015-2016. In Q4 2016, they commenced the recovery with a jump of 50% in revenue over the Q3 2016. However, it cannot be marked as substantial as the true check remains to be consistent QoQ growth. In the subsequent quarter, Q1 2017, GrowLife surged 57% over Q4 2016. Successive quarterly growth indicates that the firm is doing something right.

Growlife CEO said that they are investing in their client and their team. Competitive and reliable pricing helps their consumers manage down their operating expenses, which are more significant than ever; Lucrative employee benefits enable them to hire and attract the best people in sales; And, management focus and continuity enables them to move smarter and faster than they ever have.

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!

For instance, Growlife got painful yet valuable lessons a couple of years earlier when the company closed five lossmaking hydroponic retail stores. Today the company invest in improving its web e-logistics website that allows clients to receive their orders faster, get enhanced understanding of how to use the GrowLife brand with an outlet within-a-store business model and lead generation plans that impact thousands of grow prospects across the nation every week.

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!

   

Learn More About PLSI at your brokerage today!

         

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