As Green Technology Solutions, Inc. (OTCBB: GTSO) works to develop new products for the booming U.S. cannabis edibles market, representatives of the company will travel to California and Colorado—two the of the country’s biggest marketplaces for edibles—to meet with retailers and refine its strategy to better serve the demands of dispensaries nationwide.
“In order to formulate an effective marketing and rollout strategy, we need reliable feedback from retailers on the front lines of this movement,” said GTSO CEO Wallace W. Browne. “In meeting with some of the top cannabis edibles retailers in the country, we plan to identify gaps in service and product niches that we can improve upon and gain a foothold in this fast-growing industry.”
Colorado shocked industry observers when the state’s Marijuana Enforcement Division announced that more than five million edibles products were sold in 2014. Edibles made up almost half of the Colorado cannabis market, and many experts believe that the nationwide edibles market will expand dramatically in the coming years. These markets are adapting all the time, you can even buy edibles online now. This makes it a lot easier for people to get if they want them.
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 has formed a 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 America’s next big industry.