America’s “green rush” is in full swing, and Green Technology Solutions, Inc. (OTCBB: GTSO) is on the verge of debuting brand-new products and services in the region many experts are dubbing “The Next Silicon Valley:” Colorado.
In much the same way that breakthrough technology fueled the rise of California’s Silicon Valley, an economic boom in Colorado has been touched off by the introduction of a new industry. Experts now say that the current market for legal cannabis is more than $3 billion in the 23 states that have already legalized the plant for medicinal and adult use, and Colorado is leading the way. After voters in the state legalized cannabis in 2012, the marketplace there has become decidedly upscale, data-driven and investor-focused.
Accordingly, GTSO is making its final preparations to deliver upscale and cutting-edge products and services to capitalize on the boom. The company formed a joint venture with innovative cannabis edibles developer Elevated Industries last year in order to deliver new edible products tailored to increasingly sophisticated cannabis businesses and consumers in Colorado. GTSO is also catering to the rapidly growing business-to-business sector of the state’s cannabis economy by working to establish a trusted and reliable cannabis testing lab to help ensure that retailers and their patients can be sure of exactly what they are purchasing.
“We’re on track to debut four different edibles products in Colorado this year,” said GTSO CEO Wallace W. Browne. “That’s just a start, obviously. The market for cannabis products and services stretches across the nation now, with incredible potential for further growth.”