• Loading stock data...
PublicWire | Emerging Market Stock News
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
No Result
View All Result
PublicWire
No Result
View All Result

Home » Cannabis » PHI Group’s Subsidiary Supplies Special Breakthrough Water Conditioning Systems for Cannabis Growers

PHI Group’s Subsidiary Supplies Special Breakthrough Water Conditioning Systems for Cannabis Growers

Jayde Castillo by Jayde Castillo
April 26, 2019
in Cannabis, Energy, General
2 min read
31
0

NEW YORK, Oct. 17, 2017, PHIL, (GLOBE NEWSWIRE) — PHI Group, Inc., (www.phiglobal.com) (OTCQB:PHIL), a company focused on acquisitions and investments in natural resources, energy, agriculture and special situations, announced today that the Company’s majority owned subsidiary PHI EZ Water Tech, Inc. has completed the design of new breakthrough proprietary watering systems that can save water and substantially increase yields for the cannabis industry.

Incorporating complex electromagnetic force, advanced oxidation, ultrasound, and optimized configurations, the PHI EZ Water Tech proprietary water conditioning systems can reduce water consumption by up to 30% and fertilizer usage by 30%-50% while boosting cannabis crop yields by 30%-50%. In addition, they have been proven to substantially increase the level of active ingredients in the plants.

Currently PHI EZ Water Tech has two sizes of water treatment systems for cannabis: a 1,000 liter-per-hour unit at estimated retail price of $4,500 and a 500 liter-per-hour unit at $2,500.  The Company also intends to provide other sizes depending on market demand.

Dr. Martin Nguyen, PHI EZ Water Tech’s inventor and chief scientist said: “We are delighted to have completed the design of our new water treatment systems for cannabis and will make them available to cannabis farmers to help increase yields and improve crop quality. Because of the tremendous benefits these systems can bring, we are confident they will prove to be a winner for cannabis growers, consumers and our shareholders.”

Jack Vo, CEO of PHI EZ Water Tech, stated: “As more states across the US and other countries legalize cannabis for medical and recreational use, our special water conditioning systems are covetable solutions that can help provide superior products and maximize returns on investment for both conventional and organic cannabis growers.”

About PHI Group
PHI Group primarily focuses on acquisitions and invests in select industries and special situations that may substantially enhance shareholder value.  It also provides merger and acquisition advisory services through a wholly owned subsidiary, PHI Capital Holdings, Inc. (www.phicapitalholdings.com)

About PHI EZ Water Tech
PHI EZ Water Tech, Inc., a Wyoming corporation, is a majority-owned subsidiary of PHI Group that manages, manufactures and markets a portfolio of innovative water treatment systems and other products developed by Dr. Martin Nguyen for agriculture, healthcare and human consumption.  Website: www.phiezwater.com

Safe Harbor
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements pursuant to the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995.

Tags: cannabisfertilizerPHI EZ Water TechPHI GroupPHILWater Conditioning
Jayde Castillo

Jayde Castillo

Jayde is a professional freelance writer with years of experience covering consumer tech, finance, and science. He has worked with various media outlets both online and on paper such as Z6Mag, News Every Day, and other small-time publications.

Related Posts

ComEd preps response to restore power outages caused by storm and strong winds
Energy

ComEd preps response to restore power outages caused by storm and strong winds

June 10, 2020
133
China Opposed U.S. Audit Plans
General

China Opposed U.S. Audit Plans

May 24, 2020
139
JetBlue gives 100,000 free flights to healthcare workers.
General

JetBlue Announces ‘JetBlue Healthcare Hero’ Program — Giving Away 100,000 Free Flights to Healthcare Workers

May 6, 2020
186
Trans-Pacific flights are most likely to be affected the most with demand declining up to 80% due to the pandemic.
General

American Airlines is looking into canceling up to 60% of its summer schedules as the pandemic continues to push demand down

April 2, 2020
140
President Donald Trump inspired a rise in oil futures after he said a deal between Saudi Arabia and Russia is underway.
Energy

Oil slightly recovers after Trump said a deal between Saudi Arabia and Russia might be reached in a ‘few days’

April 2, 2020
155
Louisiana tops the list of states with the most number of increase in unemployment insurance claims because of the COVID-19 pandemic.
General

Here are the states that suffered the most unemployment due to COVID-19 pandemic

April 2, 2020
157
Currently Playing

Subscribe To Our Newsletter

Ad

PublicWire | Emerging Market Stock News 24/7 | Investor Relations US Stock Market

© Copyright 2020 PublicWire.com

Navigate Site

  • About
  • #96576 (no title)
  • Disclaimer
  • Watch LIVE
  • Privacy Policy
  • Terms and Services
  • Contributors

Follow Us

No Result
View All Result
  • LIVE Investor News Channel
  • Cannabis
  • Energy
  • Finance
  • General
  • Medical
  • Podcasts
  • Retail
  • Technology
  • #370 (no title)

© Copyright 2020 PublicWire.com

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Public Wire Logo

Hello please subscribe to our newsletter to get up to date news weekly!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.