- Creating
products and solutions for legal retail and commercial cannabis growers
- Customers
include retail stores, distributors, ecommerce and commercial growers
- S.
legal cannabis market projected to reach $11 billion in consumer spending
in 2018 and more than $23 billion by 2022, with potential to generate more
than 467,000 full-time equivalent jobs in 2022.
- Focused
approach on bringing innovative and must-have cannabis products and
services to the market.
Generation Alpha, Inc. (OTCQB: GNAL) was established in 2010
as a vertically integrated technology innovator, developer, manufacturer and
distributor focused on bringing products and solutions to both commercial and
individual growers in the United States. Originally named Solis Tek Inc., the
company changed its name to Generation Alpha in September 2018 and announced an
increased focus on providing innovative and must-have cannabis products and
services to a growing industry.
“Generation Alpha for us means ‘new beginning’” said
Generation Alpha CEO Alan Lien, when the name change was announced. “It is the
new wave of how people and brands connect. We are excited with the
transformation of our business strategy, our progress at our Arizona facility
and the additional growth opportunities our team has identified elsewhere in
the cannabis industry. While we are pleased with our innovation and progress in
our Solis Tek lighting and Zelda Horticulture divisions, we believe Generation
Alpha represents our philosophy of bringing the best cannabis products and
services to the market. We are confident that this shift in our business
strategy will create long-term shareholder value through diversified segments
in the legalized cannabis industry.”
The name change reflects the company’s strategy to leverage
business opportunities in different legalized cannabis spaces, including
cultivation, processing and retail facilities. As part of that focus,
Generation Alpha acts as the holding entity for a collection of companies that
bring products and solutions to legal retail and commercial cannabis growers
while utilizing its expertise to offer safe, quality and consistent products
through its cultivation, processing, and retail facilities as well as branded
products in both the medical and recreational markets. Along with its strong
focus on the burgeoning cannabis market, Generational Alpha remains committed
to developing and providing innovative products and services in both Solis Tek
Digital Lighting, its lighting division, and Zelda Horticulture, its
agricultural products division.
As part of a key piece of its cannabis focus, Generation
Alpha acquired a cannabis cultivation and processing facility in Phoenix,
Arizona, which is scheduled to begin operation in 2019. Currently in the design
and development stage, the 70,000-square-foot facility will be one of the most
technologically advanced cultivation and processing facilities in Arizona,
which is a hot bed of cannabis cultivation in North America. Generation Alpha
management is confident about the growth and profitability this facility
provides as an essential component of its forward-thinking cannabis strategy.
Additional components of this strategy include the
company’s GrowPro Solutions, Inc., a nationwide cannabis cultivator
and processor and a variety of Generation
Alpha brands, which include the innovation, design and selling of
cannabis products such as flower, oils and accessories in the legal medical and
recreational markets.
The company’s Zelda
Horticulture division offers commercial-grade rolling tables,
greenhouses, PH stabilizer and nutrient products, and other agricultural
products for cultivators around the world. Zelda’s custom-design cultivation
options means its clients can count on increased agricultural productivity and
efficiency.
Generation Alpha’s Solis
Tek Digital Lighting division offers an extensive line of lighting
equipment and accessories, including digital ballasts, reflectors, complete
lighting systems, single- and double-ended digital lamps, controllers and other
accessories. Each product is designed to help retail and commercial growers maximize
quality and achieve higher yields and maximize quality.
For more information, visit the company’s website at www.GenAlphaInc.com
About QualityStocks
QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential. We offer several ways for investors to learn more
about investing in these companies as well as find and evaluate them.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment