SOURCE: Greenscape Laboratories, Inc.

Greenscape Laboratories, Inc.

July 08, 2014 08:00 ET

Greenscape Laboratories, Inc. Announces Advent of Recreational Marijuana in Washington State

PENSACOLA, FL--(Marketwired - Jul 8, 2014) - Greenscape Laboratories, Inc. (PINKSHEETS: MJLB)

Today marks another historic leap in the expansion of the marijuana and cannabis-related industries, as Washington State has taken steps to fully implement recreational cannabis laws, set forth in initiative 502. The first 24 cannabis shops that were granted authority are now open. Specifically, 14 recreational shops are allowed to sell recreational marijuana in Washington west of the Cascade mountains and 10 on the eastern side of the state. Although these 24 stores are now open, more than 300 applied-for retail licenses are waiting for the state to take positive action on their pending permits.

State law officials have also set forth criteria allowing legal transportation from production facilities to retail stores. 

Members of the industry fear that a backlog of testing demand is forming. In an article found in Marijuana Business Daily, Fred Dreier wrote that Analytical 360 -- one of two labs licensed to test in Washington -- had only tested two samples as of June 30, 2014. Industry pundits predict a testing backlog will increase the severity of the cannabis shortage that many experts foresee for Washington State's industry. Under Washington law, all recreational marijuana must be tested. (See, WAC 314-55-102 at paragraph 13: "No lot of usable flower or batch of marijuana-infused product may be sold or transported until the completion of all required quality assurance testing.")

Greenscape believes that the lack of licensed testing facilities coupled with allowing residents to purchase recreational marijuana will put it in the sweet spot as state-legal marijuana use spreads, leading to more testing demand in these other enlightened states.

For more information, please visit the company's website:
http://mjnalab.com
http://twitter.com/GreenscapeLabs
http://www.facebook.com/greenscapelabs

and its joint venture partner's website:
http://oganalytical.com/
http://www.twitter.com/oganalytical
http://www.facebook.com/OregonGrowersAnalytical

Located in Pensacola, Florida USA, Greenscape Laboratories, Inc. (http://www.mjnalab.com/) is a publicly traded company listed on the OTC PINK under the "MJLB" trading symbol. Greenscape Laboratories, Inc. was founded for the purpose of ensuring the safety of cannabis by providing advanced assistance in testing consumable products for both chemical and foreign contaminants. We believe that testing is extremely important to all users -- both medical and recreational. Our goal is to become the standard by which laboratories in this industry are measured.

All inquiries should be directed to: info@greenscapelaboratories.com

Safe Harbor Statement
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.

Contact Information

  • Contact:
    Greenscape Laboratories, Inc.
    Email Contact
    800-451-6133