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Tumbleweed Farms is the first of multiple purpose-built indoor facilities that GTEC is in the process of building in order to produce its ultra-premium flower. The Company’s initial planned cultivation footprint is expected to span a total of 120,000 square feet, across three Provinces, with the anticipation of reaching an estimated annual output of 14,000 kg of indoor flower by Q3 of 2019.

“We are extremely proud of the work that our operations team has put in over the duration of this process,” said Norton Singhavon, Founder, Chairman & CEO of GTEC. “Our team is excited to expand existing production of our ultra-premium indoor flower, with our unique and exotic genetics for the Canadian medical and adult-use markets.”

The Company is in the final stages of compiling its Video Evidence Package, with the expectation of its final submission into Health Canada by next week. Once Health Canada confirms that the requirements of the Cannabis Act and Regulations have been met, a Standard Cultivation license will be issued and the Company will immediately commence cultivation.

GTEC’s initial harvests from Alberta Craft Cannabis are currently available to registered medical patients, under its flagship medical brand GreenTec , exclusively at Namaste’s (TSXV:N.V) (M5BQ.F) (NXTTF) CannMart (www.cannmart.com).

Tumbleweed Farms’ initial phase consists of 10,000 square feet for indoor cultivation, strategically located in Chase BC, about 8kms from the Trans-Canada Highway and situated just outside of the Kamloops city limits. The property sits on 23 acres of land with significant future expansion capabilities and access to an on-site gravity fed natural artesian well.

The Company announces that 200,000 incentive stock options have been granted to Jeremy Wright, the Chief Financial Officer of the Company. The stock options vest immediately and have an exercise price of $0.60 per share and are exercisable for a period of three years from the grant date. The options are subject to, in all respects, the terms of the Company’s stock option plan and the requirements of the TSX Venture Exchange.

About GTEC
GTEC Holdings is a specialized cannabis company dedicated to cultivating ultra-premium quality cannabis in purpose-built indoor facilities.  The company is vertically integrated across all major sectors of the Canadian cannabis industry and holds Cultivation, Extraction and Analytical testing licenses. The management team is comprised of a diverse skill set sourced from leading global food & beverage and premium alcohol companies.  GTEC’s retail division is pursuing licensing for over 35 recreational cannabis stores across Western Canada.  GTEC’s premium indoor cannabis will be marketed and sold under its flagship trademarked brands; BLK MKT , Tenzo , GreenTec , cognōscente , FN , and Treehugger . The Company is actively pursuing sales and distribution opportunities across all major business channels: medical, recreational, B2B and export. GTEC is a publicly traded corporation, listed on the TSX Venture Exchange and the OTCQB Venture Market. The Company is headquartered in Kelowna, British Columbia.

To view more about the company or to request our most recent corporate presentation, please visit our website at www.gtec.co

On behalf of the board,
Norton Singhavon
Founder, Chairman & CEO
ns@gtec.co

Michael Blady
Co-Founder & Vice President
mb@gtec.co

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; delay or failure to receive board, shareholder or regulatory approvals, where applicable and the state of the capital markets. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Attachment

• Tumbleweed-Farms-Initial-Phase

For additional information please contact:
GTEC Holdings Ltd.
1-800-351-6358
contact@gtec.co

The marijuana industry has changed vastly over the past twelve months, but if anything has occurred, the last year has been a large change to the entirety of the market. With the legalization of recreational cannabis leading the charge throughout the industry, marijuana stocks still present a massive opportunity for investors to get in on.

There are still several factors that stand in the way of cannabis becoming a completely bull market, but all stars seem to be aligning for marijuana. One aspect that many forget to consider is the fact that cannabis as a market is still very much in its infancy. This means that laws have not fully been enacted, and individuals are still working out just how to get involved in cannabis stocks. Regardless, some companies have continued to show a massive propensity for future gains as the market edges forward.

GTEC Holdings, Inc. (GGTTF) is one of the leading craft producers of cannabis throughout the world. Based out of Canada, GTEC recently showed massive gains upwards of 15% which is one of the main reasons so many investors have flocked to the company. With a market cap of around $30 million, they are in no way one of the largest players in the industry, but they should not be overlooked due to their size. GTEC has continued to provide information to investors regarding their completely vertical business model. The vertical nature of how GTEC is run is another primary reason for their major success in recent days.

Vertical integration has helped GTEC to ensure that their product is meeting the highest quality demands that the market has seen. Since they control every aspect of their production, there is no margin for error from any middleman as could occur in other businesses. GTEC also is able to reap the most profits out of this business model due to the same idea of not having any companies to deal with in their line of production. GTEC has shown that their premium, high THC content cannabis can be quite profitable currently wholesaling at around $6.50 per gram. With a widely experienced team and eyes on the future, GTEC Holdings can help to give investors an opportunity that still may be relatively unknown to most.

Scotts Miracle-Gro (NYSE:SMG) has continued to provide investors with an alternative exposure to the cannabis market. Of course, Scotts is primarily invested in the gardening industry, but in recent times they have made a series of acquisitions that have led them directly into the cannabis space. Scotts has reported that as much as 13% or around $350 million of their total revenue has come from their subsidiary Hawthorne Gardening which is more aimed at hydroponic operations and marijuana growth.

Scotts has also been working to build out their latest acquisition; Sunlight Supply, which will in the end be worth as much as $450 million. Sunlight provides similar products to Hawthorne, but they do show that they may have a broader portfolio of products in comparison to the latter.

The marijuana stock market continues to present investors with massive opportunity. As we recover from the most recent bout of volatility, more and more companies should continue to show their faces.

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC, Midam Ventures LLC and GTEC Holdings Inc., Midam is being paid $63,333 per month from the company for a total of 12 months and has received ZERO shares of GTEC Holdings Inc. for a duration of beginning July 10, 2018 and ending July 10, 2019. We may buy or sell additional shares of (GTEC) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.

When looking at the marijuana industry, most decide to view the companies with large market capitalizations rather than the smaller players in the market. Although this is often a good strategy, since marijuana as a whole is still relatively in its infancy, the smaller guys are worth taking a look at.

Much of the guiding force in the marijuana market has come from the innovation of these smaller businesses who have in turn been able to grow amidst the changing public sphere of cannabis. This includes small cap stocks as well as the mid cap companies who are both working to use their newly found capital to expand operations into the future.

With the legalization of Canadian recreational cannabis, the domino effect that ensued moreover allowed the entrance of these smaller businesses into the industry. Now that the market domestically in Canada is in full swing, many states throughout the U.S. as well as European nations are working to get their marijuana legislation in place.

GTEC Holdings, Inc. (GGTTF) is one of the smaller companies in the market, but in no way should they be overlooked for their size. Based out of Canada, GTEC has been working to cement their method of growing craft cannabis in indoor grow facilities. The word craft has been thrown around a lot in cannabis, but for GTEC, it simply means producing the highest quality weed no matter the cost. This has landed GTEC in a perfect part of the market as most companies are focused on quantity rather than quality.

Additionally, investors have found that the completely vertical integration of GTEC is one of the main reasons they have been able to report extremely high margins. In addition to these margins, GTEC is also able to have a strong hand in every aspect of their production, which means again, they can produce the highest quality cannabis available. With a market cap just under $60 million, GTEC remains one of the marijuana businesses to be watched over the next few years.

CannaRoyalty (NASDAQOTH:ORHOF) has been noted as one of the better options for investors in the cannabis industry. With a market cap of around $300 million, CannaRoyalty is in no way a small company. The business is up around 30% for this year alone, but many investors think this is just the beginning.

For starters, CannaRoyalty is the largest distributor of marijuana in all of California. The Californian market as many know, could potentially be one of the largest in the world at a projected $7.7 billion by the end of 2022. This means that if CannaRoyalty is able to keep it up, they will be able to be one of the bigger producers of cannabis in the U.S.

CannaRoyalty has been focused on making sure they are selling the most sensible products in the market by using the customer as a research base. The company has been able to acquire a series of various brands which allows them to sell everything from pure cannabis flower to edibles and vaporizing products. The Californian market may have gotten off to a rough start at the beginning of this year, but the future is where the real promise lies for growth in the marijuana sector.

Small and mid-capitalization marijuana stocks may be overlooked by a lot of investors for their volatility, but this uncertainty may just b the factor that makes them grow into the future. The next 2 to 3 years will help to determine the future for these innovative companies as competition continues to ramp up in the marijuana stock market.

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC, Midam Ventures LLC and GTEC Holdings Inc., Midam is being paid $63,333 per month from the company for a total of 12 months and has received ZERO shares of GTEC Holdings Inc. for a duration of beginning July 10, 2018 and ending July 10, 2019. We may buy or sell additional shares of (GTEC) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Click Here For Full Disclaimer