CARSON, CA, Feb. 13, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Generation Alpha, Inc. (OTCQB: GNAL), a vertically integrated cannabis technology innovator, manufacturer and distributor, today announced a partnership with Seinergy LLC, an indoor agriculture lighting rebate provider in the U.S.
The new relationship could provide customers with cost reduction of up to 40% in rebates per light fixture.
Generation Alpha Chief Executive Officer, Alan Lien, commented, “As we introduce new products like our new B9 LED light system, we also look for business solutions for our customers. Seinergy allows us to provide options that help our customers reduce costs and improve margins.”
Seinergy enables cash back grants from local utilities for efficiency grow lights. The partnership with Seinergy provides the expertise to allow the rebate application process to be handled properly, timely and with ease. Seinergy’s Lease-to-Own program also provides equipment financing.
Generation Alpha recently launched its new Solis Tek B9 LED light system, which outperforms major competitors in the U.S. specialty lighting sector in independent lab tests by California-based Light Laboratory Inc.
For additional information on Seinergy, please visit: http://genalphainc.com/seinergy/
About Generation Alpha, Inc.
Generation Alpha, Inc. focuses on bringing products and solutions to commercial cannabis growers in both the medical and recreational space in legal markets across the U.S. For nearly a decade, growers have used Generation Alpha’s lighting solutions to increase yield, lower costs and grow better to maximize their return on investment. Generation Alpha’s customers include retail stores, distributors, ecommerce, and commercial growers. In 2018, the Company began the process of expanding into the “touch-the-plant” side of the cannabis business with a contract with an Arizona licensee and its ongoing build-out of a cultivation and processing facility in Phoenix, AZ. For more information, please visit our website, http://genalphainc.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect Generation Alpha’s current plans and expectations, as well as future results of operations and financial condition. Generation Alpha undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.