Water Technologies International, Inc. (OTC Pink: WTII) (PINKSHEETS: WTII), a leader in the technological process of atmospheric water production and design, previously announced it has decided to expand the product line to include specialized and licensed medical marijuana business operators in the United States through its subsidiary GR8 Water, Inc. The recentNBC News article: "U.S. Says Legal Marijuana Growers Can't Use Federal Irrigation Water" (http://www.nbcnews.com/news/us-news/u-s-says-legal-marijuana-growers-cant-use-federal-irrigation-n110381) further reiterates the necessity for GR8 Water's custom agricultural products. With the onset of summer months and the agricultural season, perfect temperatures and humidity are allowing for the implementation of this emerging technology to ensure productive crop yields of medical and recreational marijuana.
Given the recent expansion and acceptance of the medical marijuana industry now within 20 states, high demand has been created for clean water and customized cooling and humidity controls specifically designed to meet the needs of large scale grow operations and green houses. GR8 Water's custom units will be able to not only generate water, but will clean, dehumidify, cool and heat the air in the cultivation areas. GR8 Water is in the final stages of development involving several innovative agricultural products and expects to announce soon their availability to the industry.
Water Technologies International, Inc.'s CEO, William Scott Tudor, commented, "We continue to offer custom products for fast growing and emerging industries. The medical and recreational marijuana movement is a booming industry. We believe that our proprietary Atmospheric Water Generators, along with new custom products that control humidity and air flow, provide a quality solution for indoor and outdoor agriculture. The growing demand for clean water has created significant revenue opportunities for our company, and in time, will create real value for our shareholders."
The medical marijuana industry has grown to include nearly half of the United States and is now legal for recreational use in Colorado; Washington is soon to follow in suit. One of the benefits experienced in Colorado stems from the taxation of the sale of marijuana generating millions in revenue on a monthly basis. The cannabis industry is already waiting on federal reforms involving banking and the sale of infused products which makes this temporary irrigation problem just another item on the list. Medicinal and recreational use of marijuana is certain to increase in demand as stigmas are removed and the regulatory institutions smooth out the process. Real estate in specially zoned areas and all the ancillary business related to the production and sale of cannabis stands to flourish for years to come.
A video showing the proof of concept prototype is available at the company's website, www.gr8water.net
For a direct link to the company's product information "Slick Sheets" visit our website at: www.gr8water.net/products/product-slick-sheets
About the Company
Water Technologies International, Inc. and its wholly owned subsidiaries, GR8 Water, Inc. (Great Water) and Aqua Pure International, Inc. (Specializing in Filtration Systems) are engaged in the manufacture and distribution of technologically advanced Atmospheric Water Generators (AWG). These unique devices utilize a patent pending air purification input system to produce clean, great-tasting, safe water from the humidity in the air. GR8 Water makes freestanding water factory units for the home or office and large, industrial-sized water units using a modular design that can produce up to thousands of gallons of water each day from ambient air. GR8 Water strives to make safe drinking water available to everyone on the planet, making the world a better place in which to live while nurturing the environment.
The Company has patents pending and has filed for additional patents with the USTPO. It has also filed globally through the Patent Cooperation Treaty. Its "Water village" trademark has been issued by the USPTO.
For additional information on the Company visit the website at www.gr8water.net and follow @GR8_H2O on Twitter (https://twitter.com/Gr8_H2O).
Statement as to Forward-Looking Statements.
Certain statements in this release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and 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 be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors. We assume no obligation to update the information contained in this news release.
For Further Information Contact:
Investor Relations for Water Technologies Intl., Inc.
Strategic Advisors Contacts:
First Level Capital, LLC.
Phone: (561) 296-6393
SOURCE: Water Technologies International, Inc.