CannaGrow Holdings purchases three additional greenhouses from IGC

CannaGrow Holdings announces that a purchase order has been submitted to the International Greenhouse Company for three (3) 96' x 30' Ranger Series 2000 Heated Greenhouses, along with funds to complete the engineer drawings for the structures.

Mr. Janovec, CannaGrow Holdings, CEO, states, "NuGro Industries, the Landowner and Developer for the Colorado Buffalo Ranch Facility I in Huerfano County, has submitted a Purchase Order to the International Greenhouse Company for three additional 2,880-sq. ft. Ranger Series 2000 Heated Greenhouses. The construction of these additional greenhouses will complete Phase I & II of the facility and provide an additional 8,640 sq. ft. of production capacity, bringing the total square footage of the Grow Facility to 23,580 sq. ft."

Rod Clawson, Managing Principal of Category One Botanicals, LLC, the Colorado State Licensed Grower in operation at the Buffalo Ranch Facility I, adds, "Now that we are entering into the final stages of the first grow cycle at the Colorado Buffalo Ranch Facility I, the need for more space and production capacity for the future has become apparent. I made the request to Mr. Janovec for the additional Greenhouses as scheduled in the sub-lease agreement; he made the calls and now NuGro Industries is coordinating to begin manufacturing and construction. Now more than ever, I see the benefit of having formed alliances with CannaGrow Holdings and NuGro Industries."

Dr. John P. Janovec, COO, remarks, "The original three Ranger Series 2000 Greenhouses are currently in full bloom so our team has seen firsthand the quality of the structure as well as the greenhouse manufacturer. It was an easy and natural decision to return to IGC for the additional buildings. Starting now with this expansion to complete Phase I & II will ensure that we are ready to roll into the Spring of 2017 with 17,280 sq. ft. for our "Sunshine-Driven" production. I invite shareholders and other interested parties to visit the CannaGrow Blog for updates regarding the optimal environment the Ranger Series Greenhouse model can provide."

CannaGrow Holdings, 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 COO, Dr. John P. Janovec, and Consultant, Jason Wells.

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