Reflects Shift in Strategy to High Growth Opportunities in Cannabis
CARSON, CA , Sept. 26, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Solis Tek Inc. (OTCQB: SLTK) (the “Company”), a vertically integrated cannabis technology innovator, manufacturer and distributor, has announced a name and ticker symbol change, its final step in the rebranding of its corporate identity. The new name is Generation Alpha, Inc. and the new ticker symbol is GNAL. The name and symbol change will be effective with the start of trading on Thursday, September 27, 2018.
Generation Alpha reflects management’s strategy to leverage business opportunities in legalized cannabis jurisdictions, such as cultivation, processing and retail facilities. The Company will continue to aggressively develop and innovate its lighting division as Solis Tek Digital Lighting and its agricultural products division as Zelda Horticulture.
The Company’s Chief Executive Officer, Alan Lien, commented, “We are excited with the transformation of our business strategy, our progress at our Arizona facility and the additional growth opportunities our team has identified elsewhere in the cannabis industry. While we are pleased with our innovation and progress in our Solis Tek lighting and Zelda Horticulture divisions, we believe Generation Alpha represents our philosophy of bringing the best cannabis products and services to the market. We are confident that this shift in our business strategy will create long-term shareholder value through diversified segments in the legalized cannabis industry