|By PR Newswire||
|December 17, 2012 08:30 AM EST||
WOODLAND HILLS, Calif., Dec. 17, 2012 /PRNewswire/ -- GrowLife, Inc. (PHOT), a completely legal provider of highly effective indoor growing technologies to the blossoming marijuana industry, today commended President Barack Obama for his public remarks on ABC News. During an interview, the President indicated that recreational users of marijuana in states that have legalized the substance should not be the "top priority" of federal law enforcement officials prosecuting the war on drugs.
"It would not make sense for us to see a top priority as going after recreational users in states that have determined that it's legal," said President Obama, taking the same approach as he has in the past towards users of medical marijuana in states where it's legal. This news bodes particularly well for a number public companies operating in the space; including GrowLife, Inc. (PHOT), HEMP Inc. (HEMP), Medical Marijuana Inc. (MJNA) and Rapid Fire Marketing Inc. (RFMK), as they have all positioned themselves to take advantage of today's 'green rush'.
Given the large support for legalization in the U.S., the President has a lot to gain from taking a more passive stance. A PPP poll released on December 4th used automated phone calls to survey over 1,000 voters and found that 58% of American voters think marijuana should be legal, compared to only 39% that believe it should be illegal. Democrats were the largest supporters with a 68% approval rate, while 61% of younger voters under 30 approved.
"President Obama has long opposed the legalization of marijuana, which led to concerns that the federal government would crack down on individuals in states where it has been legalized," said GrowLife, Inc. CEO Sterling Scott. "The President's public remarks last week have allayed many of these concerns for individuals and represents a very positive development for our company and our industry. While commercial growing operations may still be at risk, home users that legally grow their own marijuana are less likely to face prosecution."
GrowLife provides indoor horticulture products and complete growing systems for individuals looking to grow their own legal marijuana, herbs, spices or other plants. GrowLife's innovative products, designed specifically for both hobbyists and professional gardeners, produce high quality flowers with maximum levels of essential oils and resins. These products are for sale on the company's website, www.growlifeinc.com, or at its new retail location in Los Angeles, CA.
GrowLife's consortium of companies actively participate in all channels of commerce for distribution and sales, including operating on-line and retail outlets for direct consumer sales and the supply of specialty GrowLife company products to wholesale and retail channels. And, while supporting progressive normalization of cannabis laws, the company does not grow, sell or distribute any substances that violate U.S. law or the Federal Controlled Substances Act.
About GrowLife, Inc.
GrowLife, Inc. (PHOT) (formerly Phototron Holding, Inc.) (www.growlifeinc.com) is a company with core holdings in innovative technology-based products and services for the indoor gardening industry and specialty markets. These brands include Stealth Grow, a producer of grow room automation equipment and hi-powered LED grow light products for indoor horticulture (www.sgsensors.com and www.stealthgrow.com), Greners.com, the online hydroponics superstore (www.greners.com) and Phototron, producer of hydroponic grow containers, which are designed to grow vegetables, herbs, flowers and fruits in any environment (www.phototron.com).
For more information about our public holding company, please visit www.growlifeinc.com.
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this press release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in GrowLife's filings with the Securities and Exchange Commission. In addition, all industry products are subject to additional uncertainty, including the risks of delay, cancellation and poor critical or financial reception. GrowLife disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.
SOURCE GrowLife, Inc.