NEW YORK, March 10, 2014
NEW YORK, March 10, 2014 /PRNewswire/ -- Petrotech Oil and Gas Inc (OTCBB: PTOG) In February 2014, the company announced plans to set up a subsidiary in Colorado and Washington to target the company's entry into the medical and recreational marijuana market in the US. The management company will specialize in managing the growers of legalized marijuana and hemp in the states where it is legal to grow. The company is acquiring warehouse facilities in Telluride, CO, and currently has six growers in Colorado and three in Washington, with plans for expansion.
The company has been able to acquire a Medical and Recreational License from the state of Colorado, and are in negotiations in leasing a warehouse in Tacoma, Washington and a dispensary in Telluride, CO.
With the immense amount of interest in companies breaking into the medical marijuana market, analyst coverage has been initiated for Petrotech Oil and Gas.
An analyst review can be found by using the link below that includes marijuana industry review, operating history, revenue potential, potential risks, company value, analyst summary and price target at no cost.
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