Business
GrowLife and FusionPharm Announce Collaboration Agreement for Equipment Supply and Co-Marketing
GrowLife and FusionPharm Announce Collaboration Agreement for Equipment Supply and Co-Marketing.
About this update from Fusion Pharm Inc
[{"type":"text","content":"\n\n\n\n\n\n\n\nGrowLife and FusionPharm Announce Collaboration Agreement for Equipment Supply and Co-Marketing\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nGrowLife and FusionPharm Announce Collaboration Agreement for Equipment Supply and Co-Marketing\n\nCommercial Scale Modular Grow Containers (PharmPods™) May Be Immediately Market Disruptive\n\nPR Newswire\n\nWOODLAND HILLS, Calif., Aug. 5, 2013\n\n\n\n\n\n\n\nWOODLAND HILLS, Calif., Aug. 5, 2013 /PRNewswire/ -- GrowLife Inc. (OTCQB: PHOT), a provider of highly effective indoor growing technologies and unique lifestyle brands, today announced that it has entered into a collaboration agreement with FusionPharm, Inc. (OTC: FSPM). Under the collaboration agreement, GrowLife companies will provide the necessary grow equipment and consulting services to FusionPharm and GrowLife will co-market PharmPods, FusionPharm's commercial-scale fully equipped grow technology.\n\n\n\"FusionPharm is currently the market leader in modularized commercial-scale fully equipped grow technology (based on standard ISO shipping containers) with competitive products on the market,\" stated Sterling Scott, CEO, GrowLife Inc. \"We are very pleased to immediately involve GrowLife companies with the team at FusionPharm and to offer supply of our full range of specialized grow equipment for the production line of PharmPod™ units. We will support co-marketing and co-sales of PharmPods™ through our GrowLife Consulting team and our network of stores across the USA, in cooperation with FusionPharm and their licensing partner, Meadpoint Venture Partners, Inc.\"\n\n\nLast week, licensee Meadpoint announced that it had reached the $200,000 mark for sales during the past 30 days, and that it was on track to reach its sales target of delivering at least a hundred PharmPods™ to customers in 2013. \n\n\n\"We are very pleased to have GrowLife's support and to work closely with their team across the country and particularly in the New England states where we are building a lot of traction right alo...