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  • GrowLife, Inc. (PHOT) Announces Two New Members To Board Of Directors 0 comments
    Dec 27, 2013 10:33 AM | about stocks: PHOT

    Developer, marketer, and deplorer of products and services addressing the needs of legal cannabis growing and retail operations, including hydroponic growing equipment and retail support software, GrowLife announced that the company has added two new members to its Board of Directors.

    Joining the GrowLife Board of Directors and occupying the Board seats provided to CANX USA LLC via the recently announced Joint Venture and capital pledge of up to $40 million U.S. for acquisitions, growth capital, and its GIFT program are Jeff Giarraputo and Anthony Ciabattoni.

    "The infusion of intellectual capital provided by these Board members further strengthens the governance and leadership necessary to manage GrowLife's expansion goals into the most lucrative aspects of the legal cannabis market," stated Chief Executive Officer of GrowLife Inc, Sterling Scott. "Each of these accomplished gentlemen brings expertise to our Company, specifically in the areas of consumer lifestyle and scaling up enterprises, which will enable us to implement and execute our business model. We are most pleased by their addition."

    In 1996, Giarraputo co-founded the global advertising agency Factory Design Labs, which is now the innovative leader in customer creation for culture-driven lifestyle brands such as The North Face and Oakley. Factory currently has offices in Denver, USA, Shanghai, China, and Verbier, Switzerland. In 2004, Giarraputo co-founded Beatport, the worlds largest music store for DJs. Beatport was privately held and headquartered in Denver, USA, and Berlin, Germany, until it was acquired in 2013. In addition, Giarraputo currently consults with several private equity firms and serves as an advisor and/or board member. He is also an investor and mentor in a number of start-ups, as well as later stage companies.

    Entrepreneur Anthony J. Ciabattoni's experience includes the formation, growth and eventual sale of three successful start-up companies. Ciabattoni currently manages a diverse investment portfolio with assets ranging from software, real estate, and satellite communications. In addition, Ciabattoni's background includes sales and marketing management positions with two Fortune 150 companies.

    In other news, the company accepted the resignation of Justin Manns from the Board. GrowLife is grateful for his invaluable service.

    More on the CANX USA LLC Joint Venture can be found at yhoo.it/1fzRcaV

    To view a GrowLife Investor Presentation, please visit growlifeinc.com/growlife-presentations-o...-2013

    QualityStocks provides investor relations services to publicly traded companies in exchange for compensation. This article may be part of our efforts to widen a client's exposure. To read our full disclaimer, visit http://disclaimer.qualitystocks.net

    Stocks: PHOT
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