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Thursday, 01/12/2017 8:46:29 AM

Thursday, January 12, 2017 8:46:29 AM

Post# of 56528
$CGRW news: CannaGrow Holdings Announces Licensed Grower Preparing to Take First Recreational Wholesale Marijuana Product to Market from Colorado Buffalo Ranch Facility

GREENWOOD VILLAGE, CO--(Marketwired - Jan 12, 2017) - CannaGrow Holdings, Inc. ( OTC PINK : CGRW ), a Liaison and Consultant providing turnkey solutions to licensed growers announces the accomplishment of a significant company milestone as Licensed Grower, Category One Botanicals, LLC, prepares their first recreational marijuana products for wholesale distribution in the State of Colorado.

Dr. John P. Janovec, COO, stated, "The combined team of the CannaGrow Staffing Program and Category One Botanicals has worked diligently since August 2016 when licensed operations started, and the work is now paying off. The first harvest batch from the Ranger Greenhouses is now completely cured and being submitted for mandatory testing at a state-licensed laboratory. The first crop from the Nexus Light Deprivation Greenhouse is now in the first week of the harvest, drying, and curing process, and the resulting wholesale volume of 'pesticide-free' sunshine grown product to date is quite impressive. It gives me great pleasure to mention that over the last few weeks several interested buyers have visited the Colorado Buffalo Ranch Facility for tours and product quality verification, including a client with a high-profile brand in three States with inroads for distribution to over 200 recreational Marijuana dispensaries across the State of Colorado. The Facility is now fully optimized and production protocols are in place, so after an initial R&D phase, I can say with utmost confidence that the operational protocols and the crew are now in position for a record year in the wholesale recreational market in the State of Colorado. I encourage shareholders and interested parties to visit the CannaGrow Holdings Blog for more information about the harvest and production process at Colorado Buffalo Ranch Facility I (http://www.cannagrowholdings.com/cannagrow-blog).";

http://finance.yahoo.com/news/cannagrow-holdings-announces-licensed-grower-113000683.html

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