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Wednesday, 04/27/2016 9:01:07 AM

Wednesday, April 27, 2016 9:01:07 AM

Post# of 56514
HUGE news! CannaGrow Holdings Signs Sublease With State-Licensed Grower in Colorado

CENTENNIAL, CO--(Marketwired - Apr 27, 2016) - CannaGrow Holdings, Inc. (OTC PINK: CGRW), a Liaison and Consultant providing turnkey solutions to licensed growers in the legal Cannabis industry, today announced an update on the Colorado Buffalo Ranch Project located in Huerfano County, Colorado.

CannaGrow Holdings has negotiated and signed a long-term sublease agreement with state- licensed grower Category One Botanicals, LLC, for the five-phase Cannabis cultivation facility on property located at the Colorado Buffalo Ranch Filing No. 5-Lot 61. The five-phase build out encompasses the entire facility now being constructed on five (5) of the twenty (20) acres currently controlled by Cannagrow Holdings under a five-year master lease agreement with three (3) multi-year options for renewal.

https://finance.yahoo.com/news/cannagrow-holdings-signs-sublease-state-103000561.html

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