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Monday, December 18, 2017 10:01:34 AM
CannaGrow Holdings Announces Production and Sales Targets Surpassed by Licensed Grower at Colorado Buffalo Ranch Facility
PUEBLO, CO, Dec. 18, 2017 (GLOBE NEWSWIRE) -- CannaGrow Holdings, Inc. (OTC PINK: CGRW) -- As a Liaison and Consultant providing turnkey solutions to licensed growers, CannaGrow Holdings, Inc. announces that Licensed Grower, Category One Botanicals, LLC, has surpassed production and monthly sales targets of two hundred pounds for both November and December of 2017.
Delmar Janovec, CEO, states, “Meeting and exceeding production and sales targets for November and December is going to set the tone for calendar year 2018. I am very proud of the CannaGrow Management and Staffing Personnel and the quality product they are assisting Licensed Grower, Category One Botanicals, LLC, in bringing to market. November was a record month for sales at Two Hundred and Thirty-two (232) pounds. Sales by mid-December of Two Hundred and Three (203) pounds is on pace to eclipse November. Looking at the big picture, this inventory sell through will allow Category One Botanicals, the Licensed Grower, to apply through the Colorado Marijuana Enforcement Division (MED) to double their live plant limit from 1,800 plants to 3,600 plants. The increased plant count will enable the CannaGrow/Category One Botanicals grow team to substantially increase production and monthly sales targets.”
Dr. John P. Janovec, COO and Facility Manager, comments, “CannaGrow Holdings and Licensed Grower, Category One Botanicals, have made significant strides over the last 12 months in bringing the Colorado Buffalo Ranch Facility to complete operational and functional status. The Facility is under management by CannaGrow’s Staffing Program in conjunction with Rod Clawson and Category One Botanicals. We have developed a talented Grow Team that has a combined experience of 100 years plus in growing the Cannabis plant. The Team has been able to implement a rigorous perpetual production and harvest schedule during this calendar year 2017 with increasing yields of product that meets quality standards set by the Industry in Colorado. For additional information, I encourage you to visit our website at http://www.cannagrowholdings.com or check us out on Facebook at https://www.facebook.com/Category1Botanicals/.“
https://finance.yahoo.com/news/cannagrow-holdings-announces-production-sales-113000358.html
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