CannaGrow Holdings Announces the Sale of Seven Strain Lots For Grand Opening of New High-End Dispensary in Trinidad,
Colorado
GREENWOOD VILLAGE, CO--(Marketwired - Mar 30, 2017) - CannaGrow Holdings, Inc. (OTC PINK: CGRW) As a Liaison and Consultant
providing turnkey solutions to licensed growers, CannaGrow Holdings, Inc. announces Licensed Grower, Category One Botanicals,
LLC, has completed the sale of seven (7) different strain lots for the grand opening of a High-End Recreational Dispensary
located in Trinidad, Colorado.
Dr. John P. Janovec, COO, stated, "It was a natural fit from the first time we talked with the Executives of the Recreational
Dispensary. They were looking to round out their inventory for a Grand Opening and Category One Botanicals had a wide
variety of diverse genetic strains cured and ready for market. Blanca Mountain Green, Buffalo Diamond
Kush, and Huerfano Red Bud, were among our proprietary strains included in the sale. We expect these
and other proprietary strains to become some of our high-demand products throughout the Cannabis Industry in Colorado. In
addition to our proprietary strains, Hemlock and White Widow - two strains
already known on the market -- were included in the transaction. Our combination of "name brand" and in-house private stock
strains will give us an edge, and our planned breeding programs will lead to new genetic lines that will prove to be appealing to
the Cannabis Community of Colorado. Relationship building is part of our equation for success. We look forward to furthering
this relationship by providing a continuous supply of quality Cannabis grown in natural soil-based media and pure Colorado
sunshine without the use of dangerous chemical fungicides or pesticides."
Executives from the High-End Recreational Dispensary added, "Working with the Crew at the Colorado Buffalo Ranch Facility was
an easy and seamless process. The facility is very impressive and Master Growers, Dr. John P. Janovec and Jason Wells, have the
knowledge and experience in Plant Genetics that will certainly push their products into the spotlight within the Cannabis
industry in Colorado. We look forward to building a long-term business relationship with Dr. John, Jason, and their Team at
Category One Botanicals."
Shareholders and interested parties are encouraged to visit the CannaGrow Holdings Blog for more information and updates from
Colorado Buffalo Ranch Facility I at (http://www.cannagrowholdings.com).
CannaGrow Holdings, Inc., the Liaison and Representative for NuGro Industries, will continue in its capacity of providing
oversight as the Facilities Manager, working with the State/County Agencies and Category One Botanicals, LLC, the Licensed Grower
for the facilities. The completion of this project will now provide the company the basis to begin generating revenues from
Licensed Growers subleasing the Turnkey facilities being built to the specifications of CannaGrow COO, Dr. John P. Janovec, and
Consultant, Jason Wells.
About CannaGrow Holdings, Inc.:
CannaGrow Holdings, Inc. has entered the Medical/Recreational Cannabis Industry as a Lessor, Liaison, and
Consultant to licensed Growers providing them with turnkey Growing Facilities in the State of Colorado. The Company intends to
expand this business model within this industry as business opportunities evolve whereby providing for the highest return to its
shareholders.
CannaGrow Holdings, Inc. does not and will not, until such time as Federal law allows, grow, harvest, distribute or
sell marijuana or any substance that violate the laws of the United States of America.
CannaGrow Holdings, Inc. encourages the public to read the above information in conjunction with its year-end statement for
December 31, 2015, and the quarterly statements filed in calendar year 2016, at: www.otcmarkets.com.
The information contained in this press release may include forward-looking statements. Forward-looking statements usually
contain the words "may," "could," "possibly," "feel," "estimate," "anticipate," "believe," "expect," or similar expressions that
involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for
significant capital, uncertainty concerning market acceptance of its services, competition, limited service facilities,
dependence on technological developments and protection of its intellectual property. The Company's actual results could differ
materially from those discussed herein.