A landmark ruling by the Supreme Court of Canada has put cannabis edibles on the menu in the Great White North, and Green Technology Solutions, Inc. (OTCBB: GTSO) is revising its market strategy to help serve the needs of Canadian cannabis patients.
Earlier this month, Canada’s highest court struck down limits on what constitutes allowable forms of medicinal cannabis, effectively giving patients the right to possess and consume cannabis derivatives such as edibles for the first time. GTSO watched the case closely, ready to add Canada to its rollout strategy for a suite of edible products now under development.
GTSO formed a joint venture with innovative cannabis edibles developer Elevated Industries last year in order to deliver new products tailored to increasingly sophisticated cannabis businesses and consumers in Colorado and beyond. Now, the debut suite of products to be developed and marketed by the JV is approaching its launch date.
“We’re planning to roll out four new edible products to start,” said GTSO CEO Wallace W. Browne. “Our initial focus will be on Colorado and other U.S. markets, but thanks to this recent ruling, Canada is now officially a part of our plans, as well.”
GTSO has already begun to acquire and develop new assets and partnerships to capitalize on emerging opportunities in the rapidly growing North American cannabis industry. The company formed its joint venture with cannabis edibles developer Elevated Industries in order to deliver new products tailored to cannabis businesses and consumers. The company will continue to scout for new opportunities to acquire the “next big thing” in North America’s next big industry.