Harris Lee is the wholly owned subsidiary of Pazoo Inc (OTCMKTS:PZOO). As per the reports, it is all set to take over the operations of Colorado Marijuana Testing Facility. It has signed a Binding Letter of Intent with the Steep Hill licensee for Colorado named Front Range. Under the terms and conditions of this letter, Harris Lee would purchase the assets of Steep Hill Colorado to run its operations effectively. Steep Hill is a well-known marijuana testing facility based in Denver, Colorado.
Insights On The Matter:
As soon as the agreement becomes active, Front Range will transfer all the licenses and assignable rights to Harris Lee without any further delay. The transaction is expected to be executed in the current month. According to reports, Harris Lee will acquire 100% ownership of this revenue generating and fully functional facility on or before April 30, 2015. All the essential permits, government approvals, licenses, leases and equipments that are required to run operations at this facility will be transferred to Harris Lee.
Pazoo has been witnessing excellent results continuously after the acquisition of Harris Lee. As per the reports, it acquired Harris Lee on January 14, 2015. Since then, it has announced two separate expansion initiatives of the company with Steep Hill Labs in Colorado. If taken into consideration the MA & Associates’ facility in Las Vegas, Pazoo has successfully formed a footprint of Harris Lee in the three different states, that too, within six months period.
The management team of Pazoo is excited to announce this news. According to David Cunic, Co-CEO, Pazoo Inc (OTCMKTS:PZOO), this acquisition was proposed by Steep Hill Labs. It’s a great evidence of Pazoo’s commitment to continuous growth and expansion. The company would look forward to exploring additional opportunities and exercising various initiatives for continuous growth with the help of expert team at Steep Hill in the near future.