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Green Spirit Industries Inc. Issues Correction to Press Release Discussing the Company’s Entry Into Medical Marijuana Marketplace
Green Spirit Industries Inc. Issues Correction to Press Release Discussing the Company’s Entry Into Medical Marijuana Marketplace.
About this update from Gsrx Industries Inc
[{"type":"text","content":"\n\n SAN JUAN, Puerto Rico, Aug. 02, 2017 (GLOBE NEWSWIRE) -- Green Spirit Industries Inc. (OTC:GSRX) is announcing that it is issuing a correction to the press release issued on July 31, 2017.  The correct information is below.\n In a recent on-air interview with Dave Gentry of “RedChip Money Report”, Les Ball, CEO of Green Spirit Industries Inc. discussed the new company’s entry into Puerto Rico’s burgeoning medical marijuana dispensary marketplace, the Company’s funding that has been secured, as well as near-and-longer-term plans for Green Spirit’s operations and growth.  This was the first interview conducted by Ball since his appointment to head Green Spirit earlier this year.    Ball explained that Green Spirit is starting operations by acquiring 4 pre-approved and 1 pending medical marijuana dispensaries in Puerto Rico, where the sale of medical marijuana was legalized as of January 1 of this year.  A U.S. territory, the Commonwealth of Puerto Rico has a population of approximately 3.5 million residents, and estimates annual tourists visiting the island at 10 million.  Noting that “we believe we’ll be one of the first in the game,” Ball cites the advantage of being an early mover in the marketplace, and in addressing Puerto Rico’s estimated $300-$500 million black market for marijuana there, Ball, former Chairman of Macy’s Midwest and President of Macy’s East, calls the potential for market growth in Puerto Rico “infinite,” and went on to say, “I believe that the future of cannabis is comparable to what happened to spirits at the end of prohibition; however, in this case we are focused on providing cannabis for its abundant medical applications.” “We believe that the legalization of medical marijuana here is welcome news for the Puerto Rican people who are now able to benefit from its use in treatment, and we are pleased to be one of the first and largest providers here.” In states where medical marijuana has been introduced, doctors prescribe cannabis for pain management, from headaches, diseases like cancer, or long-term conditions that include glaucoma and nerve pain.  Other conditions for which medical marijuana is prescribed include:  muscle spasms caused by multiple scle...