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Wow! Gonna be huge! Hope it's true
$CGRW retail overhang from the unknowing will soon be gone and those of us that KNOW what we hold here will be smiling quietly!! the 3 year weekly chart tells a story of ZERO DILUTION and investor confidence
https://www.facebook.com/FabulousPenny/posts/1070690546317366
No one knows but them...we will see...it WILL come eventually though
DEA: Decision on marijuana reschedule in 'final stages'
http://www.thecannabist.co/2016/08/02/drug-enforcement-administration-rescheduling-marijuana/60064/
Decriminalization happening everywhere. It's only a matter of time.
http://onwardstate.com/2016/08/01/state-college-borough-council-votes-to-decriminalize-marijuana/
Almost...slow and steady
More and more benefits being found for MJ...we are set up nicely here as one of the only public companies with plants in the ground !
Great chart movin on up!
Alan is prob just trying to make some money here on CGRW To pay for his lawsuit haha he needs cheaper shares
CGRW- canna scam liaison to all this
CHECK OUT ALL THE PICTURES OF THE FACILTY HERE
https://www.facebook.com/FabulousPenny/posts/1060551713997916
**The first two phases of a five phase build out is all but completed with the only thing lacking is a grand opening ribbon cutting ceremony. The entire State of the Art Grow Facility has already been sublet to a Colorado State Licensed Grower
**They still have the only water well in Huerfano County Colorado that has been deemed "Commercial" by the Colorado Department of Water Resources and approved for MJ Cultivation by the Colorado MED Board.
**Add that to the decades of experience of the CGRW Management Team of Dr. John P. Janovec PhD (botany) and Jason Wells (horticulture) and there is a definite equation that can only equal SUCCESS!!
**Two Ten thousand gallon water storage tanks
$CGRW... CannaGrow Holdings, Inc
¦ Licensed Grower
¦ Commercial Well
¦ Head House 3000 sq. ft.
¦ Nexus Greenhous 3300 sq. ft.
¦ 3 Seasonal Greenhouses 8640 sq. ft.
¦ ZERO DILUTION
*They have already sublet the entire 5 acre facility to a Colorado State Licensed Grower
*They have the only water well in Huerfano County deemed commercial by the Colorado Department of Water Resources and approved for a commercial grow facility.
*Dr. John P. Janovec PhD (Botany) will be managing the entire operation
*The CEO has stated that they are revisiting past inquiries to duplicate the facility on another 5 acres of their 20 acre lease
*The share structure of the company common stock has not changed in almost 2 years...ZERO DILUTION!
That ZERO DILUTION is probably one of the most important underlying reasons that it is a head scratcher. Seldom does the occasion arise that a manageable and contained share structure come with a company with so much potential. The stars are aligning and the perfect storm is brewing!!
Did the subscriptions to your bogus service run dry? Why are you posting your amazing insight here for free?
WHY DOES NO ONE SELL!!! FIND OUT PLEASE!!! WHY IS CGRW VALUED SO HIGH
Since you are so invested here. Can you go to the company and find out for us please? You do have a company jet for you cannabis financial analyst company right ?
Great post thank you primal
Friday July 29, 2016
Plants
Still
Growing
I
I
I
I
I
I
I
Zero dilution in 2 years ! Until that changes this stock is going no where but up based on chart and future of the industry
CATEGORY ONE BOTANICALS, LLC
12835 E ARAPAHOE RD
CENTENNIAL, CO 80112
http://explore.centennialco.gov/BizProfile/3565/CATEGORY-ONE-BOTANICALS,-LLC
CANNAGROW HOLDINGS INC
12835 East Arapahoe Rd.
Tower II, Suite 800
Centennial, CO 80112
http://cannagrowholdings.com/contact-us/
Not to mention zero dilution in 2 years
No other public company has a facility like ours and is doing this
This has been talked about many times....same location as CGRW...hence their relationship and why they will be one in the same once the law allows it...
It's the potential here...no one is saying they made millions of dollars because revenue has just started and we will see what that entails at the end of the year...
Cannagrow holdings, Inc. Announces That Dr. John P. Janovec, Ph.D. Has Been appointed as Administrator of the Colorado Buffalo Ranch Project I Facility
CENTENNIAL, CO--(Marketwired - Jul 28, 2016) - CannaGrow Holdings, Inc. (OTC PINK: CGRW), a Liaison and Consultant providing turnkey solutions to licensed growers in the legal Cannabis industry, today announced that C.O.O., Dr. John P. Janovec, has been appointed by Licensed Grower, Category One Botanicals, as Administrator of the Colorado Buffalo Ranch Project I Facility.
Dr. John P. Janovec, Ph.D., states, "My educational background and experience with research protocol will certainly come in handy as I start to navigate the state Metric™ System required for tracking plant and product inventory. With all of the State requirements and regulations, Marijuana production and marketing will be the easy part. So as we move into full-scale production I am pleased by the team of employees I have assembled. All of the handpicked applicants were able to apply for and receive their Support Employee Badges from the State without any problems."
Rod Clawson, Licensed Grower and Managing Member of Category One Botanicals LLC, adds, "In addition to Dr. Janovec's 'Master Grower' badge, the paperwork was finalized on Wednesday, July 27, 2016 for him to move into the Administrator position at the Buffalo Ranch Project I Facility. Now aside from his day to day tasks of managing the genetics of the Mother Plant Room he will now be able to work with the compliance software to ensure that production at the facility adheres to state regulations. I am entirely confident in the Staffing Program that CannaGrow has provided for the facility. Their offering of a complete Turnkey Facility is unparallel in the industry and the knowledge and experience of their Staffing Personnel takes the guess work out of the process."
Delmar Janovec, C.E.O., stated, "With the facility now officially occupied and operations underway, the CannaGrow Staffing Program will begin to assist in fulfilling the employee, management, and other consulting needs of Category One Botanicals. The company will start to realize revenues from the Sub-Lease and the Staffing Program. CannaGrow successfully managed the entire process from the initial submission of the Land Use Application through the complete construction management and now on to the actual operations of the facility. This is a Turnkey solution that we plan to duplicate on the entire 20 acre lease."
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's C.O.O., Dr. John P. Janovec, and Consultant, Jason Wells. CannaGrow has already received numerous inquiries from additional perspective tenants and is also exploring additional business ventures within this industry that could further enhance shareholder value.
The site plan, grading plan, and phasing plan that was submitted by NuGro Industries, the landowner and developer, can be viewed on our website at: http://cannagrowholdings.com.
$1 VERY SOON TO COME
-SECOND ADJACENT FACILITY
-MULTIPLE MJ HARVESTS
-MJ RESCHEDULE
-REVENUES
-ENTERING INTO DIFFERENT BUSINESS VENTURES WITHIN THE MJ INDUSTRY
CGRW joint at the hip with licensed grower
Cannagrow holdings, Inc. Announces That Dr. John P. Janovec, Ph.D. Has Been appointed as Administrator of the Colorado Buffalo Ranch Project I Facility
CENTENNIAL, CO--(Marketwired - Jul 28, 2016) - CannaGrow Holdings, Inc. (OTC PINK: CGRW), a Liaison and Consultant providing turnkey solutions to licensed growers in the legal Cannabis industry, today announced that C.O.O., Dr. John P. Janovec, has been appointed by Licensed Grower, Category One Botanicals, as Administrator of the Colorado Buffalo Ranch Project I Facility.
Dr. John P. Janovec, Ph.D., states, "My educational background and experience with research protocol will certainly come in handy as I start to navigate the state Metric™ System required for tracking plant and product inventory. With all of the State requirements and regulations, Marijuana production and marketing will be the easy part. So as we move into full-scale production I am pleased by the team of employees I have assembled. All of the handpicked applicants were able to apply for and receive their Support Employee Badges from the State without any problems."
Rod Clawson, Licensed Grower and Managing Member of Category One Botanicals LLC, adds, "In addition to Dr. Janovec's 'Master Grower' badge, the paperwork was finalized on Wednesday, July 27, 2016 for him to move into the Administrator position at the Buffalo Ranch Project I Facility. Now aside from his day to day tasks of managing the genetics of the Mother Plant Room he will now be able to work with the compliance software to ensure that production at the facility adheres to state regulations. I am entirely confident in the Staffing Program that CannaGrow has provided for the facility. Their offering of a complete Turnkey Facility is unparallel in the industry and the knowledge and experience of their Staffing Personnel takes the guess work out of the process."
Delmar Janovec, C.E.O., stated, "With the facility now officially occupied and operations underway, the CannaGrow Staffing Program will begin to assist in fulfilling the employee, management, and other consulting needs of Category One Botanicals. The company will start to realize revenues from the Sub-Lease and the Staffing Program. CannaGrow successfully managed the entire process from the initial submission of the Land Use Application through the complete construction management and now on to the actual operations of the facility. This is a Turnkey solution that we plan to duplicate on the entire 20 acre lease."
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's C.O.O., Dr. John P. Janovec, and Consultant, Jason Wells. CannaGrow has already received numerous inquiries from additional perspective tenants and is also exploring additional business ventures within this industry that could further enhance shareholder value.
The site plan, grading plan, and phasing plan that was submitted by NuGro Industries, the landowner and developer, can be viewed on our website at: http://cannagrowholdings.com.
Cannagrow holdings, Inc. Announces That Dr. John P. Janovec, Ph.D. Has Been appointed as Administrator of the Colorado Buffalo Ranch Project I Facility
CENTENNIAL, CO--(Marketwired - Jul 28, 2016) - CannaGrow Holdings, Inc. (OTC PINK: CGRW), a Liaison and Consultant providing turnkey solutions to licensed growers in the legal Cannabis industry, today announced that C.O.O., Dr. John P. Janovec, has been appointed by Licensed Grower, Category One Botanicals, as Administrator of the Colorado Buffalo Ranch Project I Facility.
Dr. John P. Janovec, Ph.D., states, "My educational background and experience with research protocol will certainly come in handy as I start to navigate the state Metric™ System required for tracking plant and product inventory. With all of the State requirements and regulations, Marijuana production and marketing will be the easy part. So as we move into full-scale production I am pleased by the team of employees I have assembled. All of the handpicked applicants were able to apply for and receive their Support Employee Badges from the State without any problems."
Rod Clawson, Licensed Grower and Managing Member of Category One Botanicals LLC, adds, "In addition to Dr. Janovec's 'Master Grower' badge, the paperwork was finalized on Wednesday, July 27, 2016 for him to move into the Administrator position at the Buffalo Ranch Project I Facility. Now aside from his day to day tasks of managing the genetics of the Mother Plant Room he will now be able to work with the compliance software to ensure that production at the facility adheres to state regulations. I am entirely confident in the Staffing Program that CannaGrow has provided for the facility. Their offering of a complete Turnkey Facility is unparallel in the industry and the knowledge and experience of their Staffing Personnel takes the guess work out of the process."
Delmar Janovec, C.E.O., stated, "With the facility now officially occupied and operations underway, the CannaGrow Staffing Program will begin to assist in fulfilling the employee, management, and other consulting needs of Category One Botanicals. The company will start to realize revenues from the Sub-Lease and the Staffing Program. CannaGrow successfully managed the entire process from the initial submission of the Land Use Application through the complete construction management and now on to the actual operations of the facility. This is a Turnkey solution that we plan to duplicate on the entire 20 acre lease."
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's C.O.O., Dr. John P. Janovec, and Consultant, Jason Wells. CannaGrow has already received numerous inquiries from additional perspective tenants and is also exploring additional business ventures within this industry that could further enhance shareholder value.
The site plan, grading plan, and phasing plan that was submitted by NuGro Industries, the landowner and developer, can be viewed on our website at: http://cannagrowholdings.com.
CGRW joint at the hip with licensed grower category one botanicals llc
Cannagrow holdings, Inc. Announces That Dr. John P. Janovec, Ph.D. Has Been appointed as Administrator of the Colorado Buffalo Ranch Project I Facility
CENTENNIAL, CO--(Marketwired - Jul 28, 2016) - CannaGrow Holdings, Inc. (OTC PINK: CGRW), a Liaison and Consultant providing turnkey solutions to licensed growers in the legal Cannabis industry, today announced that C.O.O., Dr. John P. Janovec, has been appointed by Licensed Grower, Category One Botanicals, as Administrator of the Colorado Buffalo Ranch Project I Facility.
Dr. John P. Janovec, Ph.D., states, "My educational background and experience with research protocol will certainly come in handy as I start to navigate the state Metric™ System required for tracking plant and product inventory. With all of the State requirements and regulations, Marijuana production and marketing will be the easy part. So as we move into full-scale production I am pleased by the team of employees I have assembled. All of the handpicked applicants were able to apply for and receive their Support Employee Badges from the State without any problems."
Rod Clawson, Licensed Grower and Managing Member of Category One Botanicals LLC, adds, "In addition to Dr. Janovec's 'Master Grower' badge, the paperwork was finalized on Wednesday, July 27, 2016 for him to move into the Administrator position at the Buffalo Ranch Project I Facility. Now aside from his day to day tasks of managing the genetics of the Mother Plant Room he will now be able to work with the compliance software to ensure that production at the facility adheres to state regulations. I am entirely confident in the Staffing Program that CannaGrow has provided for the facility. Their offering of a complete Turnkey Facility is unparallel in the industry and the knowledge and experience of their Staffing Personnel takes the guess work out of the process."
Delmar Janovec, C.E.O., stated, "With the facility now officially occupied and operations underway, the CannaGrow Staffing Program will begin to assist in fulfilling the employee, management, and other consulting needs of Category One Botanicals. The company will start to realize revenues from the Sub-Lease and the Staffing Program. CannaGrow successfully managed the entire process from the initial submission of the Land Use Application through the complete construction management and now on to the actual operations of the facility. This is a Turnkey solution that we plan to duplicate on the entire 20 acre lease."
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's C.O.O., Dr. John P. Janovec, and Consultant, Jason Wells. CannaGrow has already received numerous inquiries from additional perspective tenants and is also exploring additional business ventures within this industry that could further enhance shareholder value.
The site plan, grading plan, and phasing plan that was submitted by NuGro Industries, the landowner and developer, can be viewed on our website at: http://cannagrowholdings.com.
CGRW-joint at the hip
Cannagrow holdings, Inc. Announces That Dr. John P. Janovec, Ph.D. Has Been appointed as Administrator of the Colorado Buffalo Ranch Project I Facility
CENTENNIAL, CO--(Marketwired - Jul 28, 2016) - CannaGrow Holdings, Inc. (OTC PINK: CGRW), a Liaison and Consultant providing turnkey solutions to licensed growers in the legal Cannabis industry, today announced that C.O.O., Dr. John P. Janovec, has been appointed by Licensed Grower, Category One Botanicals, as Administrator of the Colorado Buffalo Ranch Project I Facility.
Dr. John P. Janovec, Ph.D., states, "My educational background and experience with research protocol will certainly come in handy as I start to navigate the state Metric™ System required for tracking plant and product inventory. With all of the State requirements and regulations, Marijuana production and marketing will be the easy part. So as we move into full-scale production I am pleased by the team of employees I have assembled. All of the handpicked applicants were able to apply for and receive their Support Employee Badges from the State without any problems."
Rod Clawson, Licensed Grower and Managing Member of Category One Botanicals LLC, adds, "In addition to Dr. Janovec's 'Master Grower' badge, the paperwork was finalized on Wednesday, July 27, 2016 for him to move into the Administrator position at the Buffalo Ranch Project I Facility. Now aside from his day to day tasks of managing the genetics of the Mother Plant Room he will now be able to work with the compliance software to ensure that production at the facility adheres to state regulations. I am entirely confident in the Staffing Program that CannaGrow has provided for the facility. Their offering of a complete Turnkey Facility is unparallel in the industry and the knowledge and experience of their Staffing Personnel takes the guess work out of the process."
Delmar Janovec, C.E.O., stated, "With the facility now officially occupied and operations underway, the CannaGrow Staffing Program will begin to assist in fulfilling the employee, management, and other consulting needs of Category One Botanicals. The company will start to realize revenues from the Sub-Lease and the Staffing Program. CannaGrow successfully managed the entire process from the initial submission of the Land Use Application through the complete construction management and now on to the actual operations of the facility. This is a Turnkey solution that we plan to duplicate on the entire 20 acre lease."
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's C.O.O., Dr. John P. Janovec, and Consultant, Jason Wells. CannaGrow has already received numerous inquiries from additional perspective tenants and is also exploring additional business ventures within this industry that could further enhance shareholder value.
The site plan, grading plan, and phasing plan that was submitted by NuGro Industries, the landowner and developer, can be viewed on our website at: http://cannagrowholdings.com.
"With the facility now officially occupied and operations underway, the CannaGrow Staffing Program will begin to assist in fulfilling the employee, management, and other consulting needs of Category One Botanicals. The company will start to realize revenues from the Sub-Lease and the Staffing Program. CannaGrow successfully managed the entire process from the initial submission of the Land Use Application through the complete construction management and now on to the actual operations of the facility. This is a Turnkey solution that we plan to duplicate on the entire 20 acre lease."
NEWS...even more connected at the hip now as we already knew
ngs, Inc. Announces That Dr. John P. Janovec, Ph.D. Has Been appointed as Administrator of the Colorado Buffalo Ranch Project I Facility
CENTENNIAL, CO--(Marketwired - Jul 28, 2016) - CannaGrow Holdings, Inc. (OTC PINK: CGRW), a Liaison and Consultant providing turnkey solutions to licensed growers in the legal Cannabis industry, today announced that C.O.O., Dr. John P. Janovec, has been appointed by Licensed Grower, Category One Botanicals, as Administrator of the Colorado Buffalo Ranch Project I Facility.
Dr. John P. Janovec, Ph.D., states, "My educational background and experience with research protocol will certainly come in handy as I start to navigate the state Metric™ System required for tracking plant and product inventory. With all of the State requirements and regulations, Marijuana production and marketing will be the easy part. So as we move into full-scale production I am pleased by the team of employees I have assembled. All of the handpicked applicants were able to apply for and receive their Support Employee Badges from the State without any problems."
Rod Clawson, Licensed Grower and Managing Member of Category One Botanicals LLC, adds, "In addition to Dr. Janovec's 'Master Grower' badge, the paperwork was finalized on Wednesday, July 27, 2016 for him to move into the Administrator position at the Buffalo Ranch Project I Facility. Now aside from his day to day tasks of managing the genetics of the Mother Plant Room he will now be able to work with the compliance software to ensure that production at the facility adheres to state regulations. I am entirely confident in the Staffing Program that CannaGrow has provided for the facility. Their offering of a complete Turnkey Facility is unparallel in the industry and the knowledge and experience of their Staffing Personnel takes the guess work out of the process."
Delmar Janovec, C.E.O., stated, "With the facility now officially occupied and operations underway, the CannaGrow Staffing Program will begin to assist in fulfilling the employee, management, and other consulting needs of Category One Botanicals. The company will start to realize revenues from the Sub-Lease and the Staffing Program. CannaGrow successfully managed the entire process from the initial submission of the Land Use Application through the complete construction management and now on to the actual operations of the facility. This is a Turnkey solution that we plan to duplicate on the entire 20 acre lease."
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's C.O.O., Dr. John P. Janovec, and Consultant, Jason Wells. CannaGrow has already received numerous inquiries from additional perspective tenants and is also exploring additional business ventures within this industry that could further enhance shareholder value.
The site plan, grading plan, and phasing plan that was submitted by NuGro Industries, the landowner and developer, can be viewed on our website at: http://cannagrowholdings.com.
CGRW
"Everything has really come together and all of the hard work and long hours should begin to pay off in a big way. I hope to be able to make some very significant expansion announcements as we look for additional businesses and opportunities in the Colorado Cannabis Industry."
CannaGrow has already received numerous inquiries from additional prospective tenants and is also exploring additional business ventures within this industry that could further enhance shareholder value.
One of our most recent inquiries has developed into serious discussions for the potential development of a duplicate project consisting of a 4.5-acre facility much like the project just completed for Category One Botanicals."
CGRW
Delmar Janovec, CEO, stated, "Everything has really come together and all of the hard work and long hours should begin to pay off in a big way. I hope to be able to make some very significant expansion announcements as we look for additional businesses and opportunities in the Colorado Cannabis Industry."
CannaGrow has already received numerous inquiries from additional prospective tenants and is also exploring additional business ventures within this industry that could further enhance shareholder value.
One of our most recent inquiries has developed into serious discussions for the potential development of a duplicate project consisting of a 4.5-acre facility much like the project just completed for Category One Botanicals."
Dems become 1st major party to back a path to legalizing marijuana
http://www.freep.com/story/news/politics/2016/07/26/dems-become-st-major-party-back-path-legalizing-pot/87600618/
$CGRW ~ CannaGrow Holdings, Inc. and State Licensed Grower Announce the Arrival of Additional Highly Marketable Cannabis Strains at Colorado Buffalo Ranch Project I
http://finance.yahoo.com/news/cannagrow-holdings-inc-state-licensed-113026864.html
Slow and steady for now...once the move starts we will move quick !
Yes we will eventually acquire category one when the time is right. Thank you for pointing that out
I hope to be able to make some very significant expansion announcements as we look for additional businesses and opportunities in the Colorado Cannabis Industry."
CannaGrow has already received numerous inquiries from additional prospective tenants and is also exploring additional business ventures within this industry that could further enhance shareholder value.
Everything he has said with CGRW has happened
Insider Financial
The Growing Potential Of CannaGrow Holdings Inc (OTCMKTS:CGRW)
By Alex Carlson / in Momentum Stocks, Sector Watch, Stocks / on Thursday, 21 Jul 2016 06:51 AM / 0 Comment / 248 views
FILE ISRAEL CANNABIS LEGALIZATION USA
CannaGrow Holdings Inc (OTCMKTS:CGRW) is one pot stock we’ve had our eye on this year. Shares made a big move up the charts back in March, but ran into resistance just shy of the $1 mark. Now for over two months, shares have consolidated in a tight range and are hoping to break out to the upside.
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.
The company’s first project is the Colorado Buffalo Ranch Project located in Huerfano County, Colorado. CGRW says that the Colorado Buffalo Ranch Project represents a significant evolution in the industry through the strategic implementation of assets such as using seasonal greenhouses in the overall grow strategy. Each building is 2,880 sq. ft. in size and will function primarily as seasonal production facilities. By making these greenhouses an integral part of production, the company plans on benefiting from the increasing commercial appeal of “sun-grown” Cannabis as well as mitigating higher production costs and the larger carbon footprint associated with indoor commercial grows that rely solely on artificial lighting.
On July 11, the Huerfano County Land Use Office completed the final inspection of the Colorado Buffalo Ranch Filing No. 5-Lot 61 facilities. Then, the Certificate of Occupancy was issued and Category One Botanical, LLC has now taken possession of the facility and initiated operations. The initial production cycle will include in excess of 1,500 plants and the implementation of a “Mother Plant” program required for the future cloning of numerous Hybrid Strains.
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CannaGrow Holdings, Inc., the Liaison and Representative for NuGro Industries, said that it will continue in its capacity in 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 provide the company the basis to begin generating revenues from the Licensed Growers subleasing the turnkey facilities being built to CannaGrow’s specifications. The company says that it has already received numerous inquiries from additional perspective tenants and is also exploring additional business ventures within this industry that could further enhance shareholder value.
Along with the existence of over 1,500 plants comprising the initial Production Cycle there has been an addition of 130 plants comprising in excess of 12 strains. CannaGrow COO Dr. John P. Janovec said:
“This is as exciting as it gets in terms of the underlying genetic basis of production at Colorado Buffalo Ranch Project I. We designed the State of the Art Mother Plant Room to house a rich base of Cannabis genetic diversity while at the same enabling a perpetual flow of clones to the nearly 12,000-sq. ft. of grow area. With the nursery at the center of the facility, the Mother Plant Room will enable me to focus on the genetics of various popular and highly marketable strains while working to develop our own proprietary strains. I believe that my education and background involving plant evolution and genetics will enable the end products to be of the highest quality while creating a great demand in the market place.”
The timing for CannaGrow couldn’t be any better. According to a report from a cannabis analytics firm New Frontier and Arcview Market Research, sales of recreational pot shot up 184% year over year, up to $998M in 2015 from $351M in 2014. Colorado and Washington state were responsible for a lot of the industry’s growth, the report said. Colorado tax revenue and recreational sales is predicted to be $135M for 2015, a 77% hike from $76M in revenue in 2014. Washington pulled in $70M in tax revenue.
Come November, California, Nevada, Arizona, Massachusetts, Maine, Rhode Island and Vermont are all expected to decide on recreational legalization this year. Florida, Ohio, Missouri, and Pennsylvania will vote on medical legalization in some form.
Currently trading with a market cap of $61 million, CGRW has emerged as an exciting story among pot stocks with the Colorado Buffalo Ranch project. However, the company needs to improve its financials to justify its current market cap. In the latest quarter, CGRW reported just $10k in revenues, a net loss of $98k, $9k in cash, $283k in total assets, and $3.1m in total liabilities. We will be updating our subscribers as soon as we know more. For current updates on CGRW, sign up for our free newsletter today!
Disclosure: We have no position in CGRW and have not been compensated for this article.
TAGGED AS:Cannabis CannaGrow Holdings Inc CGRW OTCMKTS:CGRW Potstocks
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More and more research is being done and MJ will ultimately be legalized...CGRW is taking all the right steps to go about this in a legal way for the time being to take advantage of this growing industry
$Green rush$