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GrowLife Debuts First Kiosk-Based Payment, Cash Management, and Regulatory Compliance Technology for Legal Cannabis Dispensaries
Date:11/15/2013

WOODLAND HILLS, Calif., Nov. 15, 2013 /PRNewswire/ -- GrowLife, Inc. (OTCBB: PHOT), a diversified company operating in the legal cannabis industry which develops, markets and deploys products and services addressing the needs of legal cannabis growing and retail operations, including hydroponic growing equipment and retail support software, is pleased to announce the successful debut of its proprietary kiosk-based retail software solution at the recent National Marijuana Business Conference and Expo in Auburn, Washington.

(Photo: http://photos.prnewswire.com/prnh/20131115/LA14118)

Through the GrowLife Financial brand, the software is installed on a dedicated kiosk providing not just a media rich point of sale experience for dispensary customers, but a cash and credit reporting system assuring tax and regulatory compliance for operators.  Operating problems such as "cash shrinkage" and intense government focus primarily upon cash transactions are now addressed on a real-time basis allowing owners online access to detailed reporting tools.

"Our GrowLife Financial brand deploys into a new market segment for us:  cannabis industry software development and electronic regulatory compliance.  While we will continue to focus upon our core competency of hydroponic equipment and growing support, we now supplement these offerings with hardware and software tools geared specifically to the cash intensive regulatory environment of our customers," stated Sterling Scott, CEO, GrowLife Inc. "Recent developments in Washington and Colorado, as well as many other states, now mandate high levels of transaction security by management and geared to the specific regulatory setting unique to each location."

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SOURCE GrowLife, Inc.
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