HOUSTON, Feb. 26, 2018 (GLOBE NEWSWIRE) -- Indoor Harvest Corp. (OTCQB:INQD), a developer of personalized
cannabis medicines and a provider of advanced cultivation methods and processes, announced today that Daniel Weadock will join the
Company as a member of the Board of Directors and as Chief Executive Officer, replacing the Interim position held by Mr. Rick
Gutshall.
Mr. Weadock is Co-Founder and CEO of Junebug Technologies, LLC., a next generation microbial biotechnology
company focused on developing solutions based on photosynthetic bacteria and other versatile microorganisms. Since July 2005, Mr.
Weadock has additionally served as President and CEO of The International in Bolton, Massachusetts, a world class golf and special
event destination with its own boutique lodge and signature restaurant. As a change maker, he led a cultural and business
transformation, from a very traditional and conservative enterprise to a more modern, open and forward thinking organization.
Prior to The International, Mr. Weadock served as Vice President of Enterprise Sales for Williams
Telecommunications from 2002 through 2004, building a new sales team and opening new doors in global markets. From 1999 through
2001, Mr. Weadock served as Co- Founder and CEO of FilmAxis, an online, broadband virtual film market, where he lead business plan
development and capital raising. Prior to FilmAxis, Mr. Weadock was an Executive Vice President of Consortio, located in Seattle,
Washington, an incubator of internet based business to business communities, where he lead business development.
Before joining Consortio, Mr. Weadock spent a year working with Fast Engines as their VP of Sales and President,
from 1998 through 1999, his first start up in Cambridge, Massachusetts, a small software development company. Prior to Fast
Engines, Mr. Weadock spent more than 10 years with Cable & Wireless Plc in a variety of roles around the world. After landing one
of the largest wireless deals in Cable & Wireless’ history, Mr. Weadock was awarded a Fellowship to MITs Sloan School of Management
where he earned a Master of Science in Management. Mr. Weadock has travelled the world extensively and has lived in both London,
England and Brussels, Belgium. He has four children and loves the great outdoors.
Mr. Weadock is a forward thinking visionary who will bring his many years of experience as a thought leader and
an agent of change to the next stage of development at Indoor Harvest. “Mr. Weadock’s experience and industry relationships will
make a valuable addition to our executive team. With a proven background in change management, working in the bio-economy,
hospitality and technology industries, Mr. Weadock brings a history of proven success. We will also soon be announcing the
formation of an advisory board, made up of well-known industry professionals, to help advise our executive team in the execution of
our business plans”, stated Rick Gutshall, Director of Indoor Harvest
Mr. Weadock added, “I am pleased to join Indoor Harvest, where we are creating a better world using science and
technology to elevate the human condition. Indoor Harvest is currently positioned to be a global leader in developing
finely tuned, precise cannabis medicines, utilizing technology and science to manipulate, control and optimize phenotypic
expression. I’m looking forward to leading the Indoor Harvest team as it constructs and completes its technology
integration trials in Tempe, Arizona and begins its development in Parachute, Colorado, and ultimately seeks registration under the
Controlled Substance Act.”
Additionally, the Company would like to extend thanks to Dr. Lang Coleman and Ben Coleman, the prior majority
shareholders of Alamo CBD, for their voluntary return and cancellation of a combined 3,280,470 common shares, representing over 12%
of the Company’s outstanding common stock at the time of cancellation, in order to prevent dilution to shareholders during the
Company’s efforts to secure new senior management, provide additional incentive equity and to form an advisory board.
About Indoor Harvest Corp
Indoor Harvest Corp (OTCQB:INQD), through its brand name Indoor Harvest®, is a developer of personalized
cannabis medicines and a provider of advanced cultivation methods and processes for the cannabis industry. The Company is a pending
applicant under the Texas Compassionate Use Program and is planning to develop facilities in Arizona and Colorado. We are seeking
to use the relationships and technology we have developed to become a registered producer and seller under the federal Controlled
Substance Act (“CSA”) of pharmaceutical grade Cannabis for research by third parties developing targeted treatment for
specific medical symptoms.
Forward-Looking Statements
This release contains certain “forward-looking statements” relating to the business of Indoor Harvest and its
subsidiary companies, which can be identified by the use of forward-looking terminology such as “estimates,” “believes,”
“anticipates,” “intends,” expects” and similar expressions. Such forward-looking statements involve known and unknown risks and
uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed,
estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the
Securities and Exchange Commission. These forward-looking statements are based on Indoor Harvest’s current expectations and beliefs
concerning future developments and their potential effects on Indoor Harvest. There can be no assurance that future developments
affecting Indoor Harvest will be those anticipated by Indoor Harvest. These forward-looking statements involve a number of risks,
uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or
performance to be materially different from those expressed or implied by such forward-looking statements. Indoor Harvest
undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required under applicable securities laws.
Contact Information
Indoor Harvest Corp
Sandra Fowler, Chief Marketing Officer
sfowler@indoorharvest.com
