Summary

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7		-GrowLife, Inc. is incorporated under the laws of the State of Delaware and is headquartered in Kirkland, Washington. GrowLife was founded in 2012 with the Closing of the Agreement and Plan of Merger with SGT Merger Corporation.
	7	+GrowLife, Inc. (PHOT) is incorporated under the laws of the State of Delaware and is headquartered in Kirkland, Washington. GrowLife was founded in 2012 with the Closing of the Agreement and Plan of Merger with SGT Merger Corporation.
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9		-The company's goal of becoming the nation’s largest cultivation facility service provider for the production of organics, herbs and greens and plant-based medicines continues to guide its decisions. The company's mission is to measure its success by its customer’s success; serving cultivators of all sizes as a reliable business partner and its shareholders with value and trust. Through knowledgeable representatives and its e-commerce website, GrowLife provides essential and hard-to-find goods including growing media, industry-leading hydroponics equipment, organic plant nutrients, and thousands more products to specialty grow operations across the United States and Canada.
	9	+The company's goal of becoming the nation’s largest cultivation facility service provider for the production of organics, herbs and greens and plant-based medicines continues to guide its decisions. The company's mission is to measure its success by its customer’s success; serving cultivators of all sizes as a reliable business partner and its shareholders with value and trust. Through knowledgeable representatives and its e-commerce website, GrowLife provides essential and hard-to-find goods including growing media, industry-leading hydroponics equipment, organic plant nutrients, and thousands more products to specialty grow operations across the United States and Canada.{{footnote}}https://fintel.io/doc/sec-phot-growlife-10k-2018-march-28-17947{{/footnote}}
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11	11	The company primarily sell through its wholly owned subsidiary, GrowLife Hydroponics, Inc. GrowLife companies distribute and sell over 15,000 products through its e-commerce distribution channel, GrowLifeEco.com, and through its licensed retail storefronts. GrowLife and its business units are organized and directed to operate strictly in accordance with all applicable state and federal laws.
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27	27	On October 17, 2017, the company were informed by Alpine Securities Corporation (“Alpine”) that Alpine has demonstrated compliance with the Financial Industry Regulatory Authority (“FINRA”) Rule 6432 and Rule 15c2-11 under the Securities Exchange Act of 1934. As a result, Alpine may initiate an unpriced quotation for the Company’s common stock. The company expect to file an amended application with the OTC Markets to list the Company’s common stock on the OTCQB once the minimum share price of $0.01 per share is achieved. The company currently trade on the OTC Pink Sheet market.
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29		-==== Market Size and Growth ====
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31	31	While there is a great deal of purchasing of indoor cultivation equipment for non-Cannabis cultivation, many of its investors have a high-interest in the direction of the Cannabis industry as it may directly affect GrowLife’s growth. Therefore, the following market information is provided.
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115	115	Source: Marijuana State Laws – Summary Chart from ProCon.org
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117		-==== Strategy ====
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119	119	The company's long-term strategy revolves around three key premises: First, the indoor growing market for fruits, vegetables and medical plants is here to stay. The company see an opportunity for it to double for several years, especially after last year’s election raising the number of states that support Cannabis; Second, GrowLife will continue to establish itself as a national brand to provide the much-needed advisory services and sell lighting, nutrients, mediums and other equipment, supplies and services to cultivators across the country; And third, the demand for more healthy, safer and economical ways to run indoor growing operations will dramatically increase and require innovative products to intelligently drive down costs without compromising quality. These are critical premises for the Company’s growth.
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145	145	Overall, GrowLife is in a stronger position than it has been for some time. With continued work and support, GrowLife is encouraged with the prospect of bringing growth back to the company and increase shareholder value.
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147		-==== Key Market Priorities ====
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149	149	The company's goal of becoming the nation’s largest cultivation facility service provider for the production of organics, herbs and greens and plant-based medicines requires GrowLife to (i) expand its nationwide, multi-channel sales network presence, (ii) offer the best terms for the full range of build-out equipment and consumable supplies, and (iii) deliver superior, innovative products.
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157	157	The company's company can expand with these strategies until it serves more indoor cultivators throughout the country. Once a customer is engaged, the company can gradually expand their purchasing market share by providing greater economic benefit to the customers who buy more products from GrowLife than from other suppliers.
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159		-==== Employees ====
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161	161	As of September 30, 2017, the company had one full-time employee and one consultant at its Seattle, Washington office. Marco Hegyi, its Chief Executive Officer, is based in Kirkland, Washington. Mark E. Scott, its CFO, is based primarily in Seattle, Washington. In addition, GrowLife has approximately 8 full and part time employees located throughout the United States and Canada who operate its businesses. None of its employees is subject to a collective bargaining agreement or represented by a trade or labor union. The company believe that GrowLife has a good relationship with its employees.
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