US Attorney for the Eastern District of California Benjamin Wagner Speaks in Sacramento and Says He's Not Going after Medical Marijuana Patients and Caregivers
GARDENA, Calif., Mar 16, 2012 (BUSINESS WIRE) -- Phototron Holdings, Inc. PHOT -16.67% (otcqb:PHOT), the hydroponic growing systems company behind the "grow your own" revolution, believes the continued crackdown, resulting in the closure of hundreds of dispensaries and seizures of large-scale cannabis grow operations, is making personal indoor growing systems more attractive to medical marijuana patients.
Speaking at a recent press luncheon in Sacramento, United States Attorney for the Eastern District of California Benjamin Wagner said he's not going after medical marijuana patients and caregivers, but he is cracking down on interstate transporters, huge pot farmers and illicit dispensaries grossing tens of thousands of dollars per day. He also issues a warning to large-scale pot farmers that a season of raids in the Central Valley is coming in 2012.
"Medical marijuana patients have fewer options for obtaining their medication safely, and in many places are faced with having to travel long distances or get untested medication off the street," said Craig Ellins, Phototron's CEO. "So patients are increasingly growing their own medication and Phototron's systems are perfect for personal use."
About Phototron Holdings, Inc. Phototron Holdings, Inc. PHOT -16.67% (otcqb:PHOT) designs and manufactures cutting-edge indoor mini-greenhouses capable of year-round growth of herbs, vegetables, flowers, fruits and medicines, better, stronger and faster than traditional farming methods. The Phototron Hydroponic Indoor Grow System, commonly called grow boxes, is built upon decades of research on the optimal temperature, light, water and nutrient needs of plants. The Phototron System uses proprietary lighting that mimics the sun's rays to grow nutrient-rich, pesticide-free, eco-friendly crops faster and in more bountiful quantities than those of traditional gardening methods, resulting in fruits and vegetables of superior taste and quality.
Phototron systems and accessories are available for purchase from the company's website at: www.phototron.com
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Forward-Looking Statements This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Phototron's actual results to differ materially from those currently anticipated, including the risk factors identified in Phototron's filings with the SEC.
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