The state of Nevada is in high anticipation about its
upcoming 2016 general election ballot initiative that proposes legalizing
recreational use of marijuana. With Colorado’s $700 million wind-fall last year
and trending to break $1 billion in annual revenues by 2016, the MMJ market in
Nevada could very quickly get a whole lot bigger next year.
Poised and positioned to capitalize on this upcoming
opportunity is GrowBLOX Sciences. The company has advanced cultivation
technology systems that ensure genetic potential of propagated strains that
possess more active ingredients per pound than is achieved with any other
cultivation method. On June 15th, the company secured a $1.75 million funding
commitment from Pacific Leaf Ventures to build out its Medical Marijuana
Establishment known as The Cultivation Lab through a deal that includes
recognizable cannabis brand names and proprietary cultivation and extraction
methods. The 28,000 sq. ft. warehouse is gearing up to produce over 4000 pounds
of high-grade cannabis each year.
Although GrowBLOX Sciences deals strictly in medical
cannabis products, the monitoring and control systems that are put in place to
ensure quality and safety standards at the Las Vegas facility is quickly
drawing attention and could possibly be the mandated standard in Nevada by the
time legalization is put in place. See The Cultivation Lab design at the
following link: http://www.cultivationlabs.com.
GBLX is on schedule for a Q4 completion of The Cultivation
Lab. This facility’s purpose is to produce high profile strains and products
that appeal to medically approved patients in the state, as well as patients
visiting from neighboring Arizona and California. Nevada is the only state to
date that recognizes medical marijuana patient cards issued by other states.
The GBLX product line will be distributed from The
Apothecary, an eye catching retail space that combines the trustworthy
aesthetics of a clean, minimalistic and clinical-feeling interior, with
simplified biometrically driven patient verification. The Apothecary layout has
a security foyer for initial patient processing, waiting and consultation rooms
as well as retail display area, and secure payment section. See the Las Vegas
Apothecary at the following link: https://vimeo.com/129493221.
The company believes that combining The Cultivation Labs and
The Apothecary will offer patients the quality assurance and safety that they
have a grown to expect from any other therapeutic products purchased in the
open market. These big moves in Nevada should distinguish GrowBLOX Sciences
further from the other players in the field and help make GBLX a preferred
solution provider.
For more information, visit www.gbsciences.com
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