PORT ST. LUCIE, FL--(Marketwired - Apr 30, 2014) - Water Technologies International, Inc. (OTC Pink: WTII) (
Water Technologies, being located in Florida, is anticipating new legislation after the passage of HB 843 in Florida last Wednesday. The House Judicial Committee voted 15-3 in favor of decriminalizing low THC marijuana specifically for use in treating medical seizures in children. The full scale approval and legalization of medicinal marijuana in Florida is now on November's ballot. The Company is committed to establishing itself as a leader in both indoor and outdoor growing technology by providing customized equipment and innovative cooling solutions for large scale, licensed growing operations, greenhouses and medical marijuana dispensaries in states where cannabis is now legal.
The Medical Marijuana industry has grown to over 20 states and is now legal for recreational use in Colorado and will be in Washington State and possibly several other states. The medical and recreational use of marijuana is certain to increase the demand for the all of the vertical markets associated with cannabis.
Water Technologies' CEO, William Scott Tudor, said, "The medical and recreational marijuana movement is a fast growing industry that will have many big winners. 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 creates significant revenue opportunities for our Company and in time will create real value for our shareholders".
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 our website at www.gr8water.net.
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.
- Health Care Industry
- medical marijuana
For Further Information
Investor Relations for Water Technologies Intl., Inc.
First Level Capital, LLC.
Phone: (561) 296-6393