GTSO: Cannabis Sales Growth Expected to Surpass Smartphones

While the multi-billion smartphone market received a boost last week after the unveiling of the latest iPhone, the cannabis market is expected to grow even faster over the next year, a promising development for Green Technology Solutions, Inc. (OTCBB: GTSO) as it targets opportunities in the medical cannabis space.

The Huffington Post recently reported that sales of legal medical cannabis in 2013 reached $1.43 billion, and that they were poised to grow by 64 percent to $2.34 billion this year. By comparison, the smartphone market is growing at an annual rate of 7.3 percent, according to a report by research group IDC.

According to the second edition of the State of Legal Marijuana Markets referenced in the Huffington Post article, 14 more states could legalize cannabis for recreational adult use in the next five years, creating a potential $10.2 billion cannabis market by 2018.

“The cannabis industry is among the fastest-growing industries in the U.S.,” GTSO CEO Wallace W. Browne said. “We have identified this as a growth market that has the potential to produce huge profits for GTSO and our investors.”

Green Technology Solutions, Inc., plans to introduce new products and services that will enable it to compete in a booming marketplace alongside Cannabis Sativa, Inc. (OTCBB: CBDS), Terra Tech Corp. (OTCBB: TRTC), Agritek Holdings Inc. (OTCBB: AGTK), Medbox, Inc. (OTCBB: MDBX) and more.

About Green Technology Solutions, Inc.

Green Technology Solutions, Inc. is a growth-oriented company exploring the growing market for resources, including but not limited to rare earth elements, precious metals and herbal supplements. For more information, please visit http://www.gtsoresources.com/investors.html.

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