Medical Cannabis’ Popularity Rises With Increasing Consumer Confidence
SAN JOSE, Calif.--(BUSINESS WIRE)-- Consumer confidence in the effectiveness of medical cannabis is very strong as patient numbers continue to rise, and Green Technology Solutions, Inc. (OTCBB: GTSO) is readying innovative new products and services to capitalize on demand for the medicinal herb.
According to the results of a recent survey conducted by PatientsLikeMe, more than 75 percent of users said they use medical cannabis for their illnesses because other treatments aren’t as effective, cause too many side effects, or both. The patient-powered search network reported that survey respondents used cannabis to ease pain, muscle stiffness or spasm, insomnia and anxiety.
Medical use of cannabis is on the rise in the U.S. as more and more states pass new legislation allowing for its prescription to patients for whom traditional prescription drugs are ineffective or unpleasant.
“More and more evidence comes to light every day that cannabis is improving the lives of patients across the country,” said GTSO CEO Wallace W. Browne. “This is a remedy that is growing in trust and popularity because it really works.”
GTSO is working hard to help ensure that patients across the country have access to top-quality cannabis products. The company acquired innovative cannabis edibles developer Elevated Industries last month 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.
As the nationwide market for cannabis continues to grow, GTSO plans to keep building new tools to help wholesalers and retailers guarantee their edible products’ potency, consistency and safety to their customers.
About Green Technology Solutions, Inc.
Green Technology Solutions, Inc., which provides business support, delivery system products and horticultural technology support, continually introduces new products and services, enabling it to compete alongside GW Pharmaceuticals (GWPRF), INSYS Therapeutics, Inc. (INSY) and ENDEXX Corp. (EDXC) and others in a booming industry expected to be $10 billion by 2018. A growth-oriented company, Green Technology Solutions Inc. (GTSO) explores the fast-growing cannabis market for resources, including but not limited to rare earth elements, precious metals and herbal supplements. For more information, visit www.gtsoresources.com/investors.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150728005685/en/
Green Technology Solutions, Inc.
Wallace W. Browne, 408-432-7285
President
and CEO
[email protected]
Source: Green Technology Solutions, Inc.
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