GrowLife, Inc. (OTCQB: PHOT), a Seattle, WA-based cultivation service provider, closed up to $3m in financing.
An accredited investor already provided $700k.
The company plans to use the capital to advance product initiatives, reporting obligations with the SEC and to secure listing on the OTCQB within 90 days of closing of the financing.
Founded in 2012 by Marco Hegyi, CEO, GrowLife provides a service for cultivating organics, herbs and greens and plant-based medicines. Through a nationwide network of local representative, regional centers and its e-Commerce team, the company provides essential goods and services including media (farming soil), hydroponics equipment, plant nutrients, and thousands more products to specialty grow operations in 17 states.