GTSO, New CEO Take Bold New Path and Target Fast-Growing U.S. Cannabis Industry for 2015

Green Technology Solutions, Inc. (OTCBB:GTSO) CEO Wallace W. Browne issued an open letter to shareholders today detailing the Company’s successes in 2014 and looks ahead to its ambitious plans for the coming year:

Dear Shareholders,

2014 was a year of tremendous growth and necessary change for Green Technology Solutions, Inc. (GTSO) as we expanded the company’s interests to include not only the recovery of rare earth minerals, but we also recognized tremendous opportunities opening up in the medical cannabis industry as state and federal legislation continues to approve use of the plant for medical and recreational use. To that end, we developed a new business model to capitalize on the rapidly growing U.S. cannabis market by developing cutting-edge services, products and processes for that industry’s ancillary market.

Soon after entering the medical cannabis landscape, we forged a partnership with horticultural innovator Mother Parker’s Soil. Securing a partnership with Mother Parker’s Soil is key as it offers us unique access to the rising cultivation industry. Mother Parker’s Soil utilizes the latest technological advances to provide state-of-the-art, 100-percent certified organic-based soils which will produce the highest-quality plant possible for the U.S. cannabis industry, which is projected to have a potential $8.2 billion valuation by 2018.

We are confident this market will continue its rapid ascent, as the November midterm elections showed the public demand for relaxed cannabis laws in the U.S. is only growing. In addition to the 23 states that currently permit the use of medical cannabis, voters in Alaska and Oregon voted to legalize recreational use of the plant, while the District of Columbia voted to relax its cannabis laws. And Guam became the first U.S. territory to permit the use of medical cannabis, which opens up even more opportunities for us to pursue new business.

While we are focusing on ways to realize potential revenues through the ancillary services market of the U.S. cannabis industry, we also remain involved in the recovery of electronic waste (e-waste). With Latin America-based partner Chilerecicla, we were able to realize significant gains in our urban mining efforts, including the forging of a relationship with a major European smelter.

We started 2014 by developing a commercial strategy with Chilerecicla that utilized research & development facilities in Latin America to better mine rare earths, precious elements and other metals from electronic waste (e-waste). Through Chilerecicla, we pursued revenue production through various electronic recycling fairs in Latin America as well as partnering with ambassadors of higher education such as the University of Concepcion. In fact, in conjunction with Chilerecicla and the University of Concepcion’s Metallurgical Department, we sought commercially viable ways to extract precious metals from e-waste in Latin America through extensive research and development.

Toward that end, Chilerecicla sent a multi-ton shipment containing precious metals to a major European smelter that contained 65 percent metal minerals, including recovered gold, silver and copper. We are working with Chilerecicla to amass another multi-ton shipment of sorted e-waste to send overseas in 2015.

While receiving revenues from our e-waste projects, the Company felt it could be accomplishing even more for investors by exploring all possible avenues of investment. That is when I was brought in as the CEO and President, and we immediately began targeting ways to make and expand our footprint in the fast-growing U.S. cannabis industry. Looking ahead to 2015, we remain enthusiastic about the possibilities offered in the e-waste recovery market, but are particularly focused on making inroads toward new partnerships in the U.S. medical cannabis space.

We are currently in discussions with growers and dispensers to provide new services as we target innovative ways to serve this industry. We envision adding additional assets to our already growing portfolio as we continue working to bring exciting new innovations to the U.S. medical cannabis space.

Sincerely,

Wallace W. Browne
President and CEO