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Tuesday, November 29, 2022

Reversal Sparks Green Technology Solutions Inc (OTCMKTS:GTSO)

Green Technology Solutions Inc (OTCMKTS:GTSO) has seen a surge of volume and price since reversing off $0.027 lows. Everyone remembers the spectacular rise this one made last year after the Company affected a 1 for 300 reverse stock split on September 2 the stock skyrocketed to an incredible $8.91 a share before coming back down.

GTSO could heat up when pot stocks surge gain and there is much to suggest they will; DEA being told by California judge to stop interfering with dispensaries, billionaire Richard Branson suggesting a decriminalization amendment in the U.N. 6,000 non-violent drug offenders released Nov 1st, Australia lifting ban on medical mj, New York opening medical mj dispensaries January, Colorado revenues skyrocketing and more.

Green Technology Solutions Inc (OTCMKTS:GTSO) provides business support, delivery system products and horticultural technology support, continually introduces new products and services, enabling it to compete amongst other post stocks ”in a booming industry expected to be $10 billion by 2018.”

According to GTSO MMJ Legalization movement, recreational legalization, massive and growing market, diverse services/products, clarity of vision, strong leadership, motivated team and industry growth could yield massive results.

Back in November the Company announced it has finalized the purchase of emerging horticultural innovator Mother Parker’s Soil, which utilizes the latest technologies in soil preparation to provide consumers with the highest-quality organic-based products.

”The partnership with Mother Parker’s Soil gives GTSO a fast-rising health and wellness company focused on supporting the medical cannabis industry with cutting-edge products, services and processes, provides access to the $390 million U.S. specialty soil market and enables the company to begin making its footprint in the $1.7 billion U.S. medical cannabis space, a market projected to eclipse $10 billion by 2018.”

GTSO said the rising cannabis industry in the United States, ancillary business is now exploding in Uruguay, the South American nation that legalized cannabis in 2013. Some experts are calling Uruguay’s reforms the dawn of a new, international cannabis industry.

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In October GTSO said it is developing a suite of new edibles products to capitalize on the rising popularity of edibles. But the company is also hard at work on innovative new packaging ideas designed to keep cannabis edibles safely away from children.

Key to GTSO’s packaging strategy is differentiation—helping parents and children alike easily tell the difference between food items containing THC and those without. The company is devising a new line of packaging options for cannabusinesses that are both child-proof and clearly marked to prevent any confusion or accidental ingestion.

On January 13 GTSO said they are currently working to deliver new products that are similarly designed to help restrict access to medical cannabis—specifically, from children. In partnership with 3D printing company 6 [th] Dimension Technologies, GTSO is now producing prototypes of multiple child-proof cannabis containers featuring a variety of locking mechanisms. These new solutions are custom designed to keep cannabis—including vaporizers, oils and liquids—out of the hands of kids.

“As the demand for medical cannabis rises, so too does demand for products that prevent cannabis from being mishandled or misused,” said GTSO CEO Wallace W. Browne. “We are working on some very promising designs at the moment, and we expect to announce our first patent soon.”

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Currently trading at a $840,000 market valuation GTSO has minimal assets, rising short term debt and no revenues to date. But this is an exciting story developing in small caps; the Company is making big moves in the Cannabis products and support services and currently trades just a hair over all-time lows. When the sector heats up this is one to watch. We will be updating GTSO as events unfold so make sure you are subscribed to Microcapdaily so you know what is going on with GTSO.

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Disclosure: we hold no position in GTSO either long or short and we have not been compensated for this article.

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