LaJolla, CA / ACCESSWIRE / August 26, 2014 / AV1 Group, Inc. (OTC Pink: AVOP), an emerging development company and partner, is pleased to announce that the Company continues to spread its reach into the Marijuana industry through the development of a new corporate sector, its CannaLighting Division, penetrating another yet facet of the growing cannabis cultivation market.
The Company is actively building strategic relationships in the LED sector in accordance with a marketing model that, while requiring a minimal budget to launch, will yield the potential opportunity to be able to provide solutions for an ever increasing number of grow houses and cultivation centers nationally.
AV1 Group was formed to empower a variety of businesses, catering to a spectrum of sectors in the Marijuana industry. The LED lighting sector is an intricate key to the indoor agricultural environments that these harvesting facilities represent, since the majority of these crops are grown indoors. U.S. retail cannabis sales will rise more than five-fold over the next five years, from an estimated $2.2-$2.6 billion in 2014 to $7.4-8.2 billion in 2018, according to an article recently published by Marijuana Business Daily.
"Our goal with the development of this sector is to expand into the industry's ancillary cultivation market with cutting edge lighting solutions that we have discovered can be obtained and re-branded. We seek to continue to develop and acquire niche products and services that are sure to thrive with the tide of growth the marijuana industry is experiencing," stated Bryen Beglinger, CEO of AV1 Group, Inc.
As previously announced: The Company is undergoing a revamping of the corporate image in order to enhance the demonstration of the company's goals, visions and accomplishments. The focus remains the same, but the modernization will reflect the ever growing and evolving nature of the Company and the Cannabis industry.
About AV1 Group, Inc.: AV1 Group, Inc. is a publicly traded investment and holding company established to identify, secure, and monetize emerging growth companies in a number of sectors that include cannabis related technologies, cultivation and ecommerce businesses positioned for exponential growth.
The Company seeks to discover inspired entrepreneurs with revolutionary concepts which can make a substantial footprint in markets that the Company believes to have exponential growth potential. AV1 Group, Inc.'s comprehensive business model also includes a division which delivers internally created projects that are poised for revenue generation, and a platform enabling the Company to develop embryonic stage subsidiaries under one umbrella, bringing a spectrum of backgrounds to the table, thus providing a significant resource of experience, knowledge and expertise to every venture. AV1 Group, Inc. explores every opportunity to help each sector exceed their revenue goals while building close, active working relationships; preparing each respective division to be a robust competitor in their chosen markets. For more information visit: http://www.av1group.com/
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Marijuana Incubator Group, Inc., a wholly owned subsidiary of AV1 Group, Inc.
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SOURCE: AV1 Group, Inc.
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