GROW SOLUTIONS HOLDINGS ANNOUNCES 89% INCREASE IN REVENUE

DENVER, CO -- November 29, 2016 -- InvestorsHub NewsWire -- Grow Solutions Holdings, Inc. (OTCQB: GRSO) (the Company or Grow Solutions) a company involved in the development and distribution of high demand products for cultivation, processing and consumption of legal cannabis, announced today it has filed its Quarterly Report (10-Q) for the period ended  September 30, 2016, in which the company reports a revenue increase from approximately $900,000 from the same quarter last year to approximately $1,700,000 representing approximately an 89% gain year over year
 

- http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11700472 
 

"As a company we are very proud of our accomplishments in such a short period of time," stated President Jeff Beverly. "And I want to add another highlight from our recent quarterly report and that is that our only convertible debt is from friendly sources (friends and family), and can convert no earlier than June 30, 2018, at a minimum of $0.80 per share.

 

"Also, our attendance at the Marijuana Conference and Expo in Las Vegas was a stunning success," continued President Jeff Beverly. "We came away with double digit leads representing multi million dollar deals. We have initiated talks with several of the potential candidates.  

 

As I have stated before, the greenhouse market is valued in the multi-billions of dollars, and the cannabis market is the fastest growing segment in that sector.  Currently, we expect to close any day now on the first of two different proposals which we expect to help us exceed our projection of $10 million in revenue from our greenhouse division alone in the coming quarters of 2017."

 

Five Seasons Greenhouse is a wholly owned subsidiary of Grow Solutions Holdings Inc. Five Seasons has already submitted two greenhouse proposals prior to its official launch - the first proposal is in excess of $750,000, and the second proposal is in excess of $2,000,000.

 

Grow Solutions concentrates on three of the fastest-growing segments of the industry:

(1)    GrowTech (products needed to grow cannabis in and outside);

(2)    ConsumerTech (products to process, store and consume cannabis);

(3)    DigiTech (online properties, including a state of the art employment platform).

 

About Grow Solutions Holdings, Inc.

Grow Solutions Holdings, Inc. is a holding company that is publicly traded on the OTCQB market, under the symbol "GRSO". The Company is focused on the development/distribution of high-demand products and services for cultivation, processing and consumption of cannabis.

Safe Harbor for Forward-looking Statements

This news release may contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the companys progress, business opportunities and growth prospects, they are based on managements current beliefs and assumptions as to future events. However, since the companys operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.

 

CONTACT:

Grow Solutions Holdings, Inc.
Jeff Beverly, President
[phone]