GSRX Industries Inc. Makes Strategic Investment in New Mobile Wellness Business Zen Stop
GSRX Brand ‘Pure and Natural’ to be Exclusive Hemp-based CBD Products Supplier
DORADO, Puerto Rico, Jan. 22, 2019 (GLOBE
NEWSWIRE) -- GSRX Industries Inc. (GSRX)
(“GSRX†or, the “Companyâ€) announced today that the Company
has made an investment in the new mobile wellness business
Zen Stop, which is expected to begin
operations in Los Angeles this May.
In addition
to making the investment in Zen Stop, GSRX
Industries’ wholly-owned subsidiary, Pure and Natural
brand, will be Zen Stop’s sole supplier of Hemp-based CBD products
nationwide.
“We made a rigorous search for a partner to supply a line of CBD
products that are pure, organic, and which are worthy complements
to our business,†said Cooper Ansett, Zen Stop Co-Founder.
“In Pure and Natural we found a brand that offers a broad range of
pharmaceutical grade CBD products that are manufactured to exacting
standards and which provide both excellent quality and ease in
dosing.â€
“We are excited to further expand our Hemp-based CBD products
business within the health and wellness community,†said Les Ball,
GSRX CEO. “Zen Stop is a great fit, and we look forward to
sharing in their success.â€
Zen Stop is one of the fastest growing revolutionary wellness
businesses. Zen Stop will provide a broad selection
of Pure and
Natural pharmaceutical grade, certified
naturally organic, full spectrum CBD products, including capsules,
tinctures/oils, salve, energy drink packets, vape pens, skin care
and both dog and cat pet products. In addition, Pure
and Natural will offer its
patent pending Spirulinex CBD Dragon Glass product
via Zen Stop.
The Company’s Pure and Natural products are all brought to market
following a seven-step process, beginning with organic farming in
Colorado, through proprietary extraction and solids separation,
distillation and refining steps, then through rigorous in-house
laboratory testing and certification to deliver what we consider to
be the purest and most natural CBD products on the market
today.
About GSRX Industries Inc. GSRX Industries
Inc. (GSRX), through its subsidiaries,
is in the business of acquiring, developing and operating retail
cannabis dispensaries, and is in the process of expanding
its business to include the cultivation, extraction,
manufacture and delivery of cannabis and cannabinoid
products. Currently, GSRX operates five cannabis
dispensaries in Puerto Rico, one dispensary in California, and has
five additional pre-qualified locations in Puerto Rico, all of
which are in various phases of development and
construction.
Websites:
Green Spirit RX https://www.greenspiritrx.com/
Spirulinex https://www.spirulinex.com
Instagram:
Spirulinex https://www.instagram.com/spirulinex/
The Green Room https://www.instagram.com/greenroommendo/
Facebook:
Green Spirit RX (Puerto Rico) https://www.facebook.com/Green-Spirit-Rx-746194692378429/
Spirulinex https://www.facebook.com/spirulinex/
The Green Room https://www.facebook.com/greenroommendo/
Forward-Looking
Statements
This press release contains
forward-looking statements. Such statements include statements
regarding our expectations, hopes, beliefs or intentions regarding
the future, including but not limited to statements regarding our
market, strategy, competition, development plans (including
acquisitions and expansion), financing, revenues, operations, and
compliance with applicable laws. Forward-looking statements involve
certain risks and uncertainties, and actual results may differ
materially from those discussed in any such statement. Factors that
could cause actual results to differ materially from such
forward-looking statements include the risks described in greater
detail in the following paragraphs. All forward-looking statements
in this document are made as of the date hereof, based on
information available to us as of the date hereof, and we assume no
obligation to update any forward-looking statement except where
applicable law requires us to update these statements. Market data
used throughout this prospectus is based on published third party
reports or the good faith estimates of management, which estimates
are based upon their review of internal surveys, independent
industry publications and other publicly available information.
