CannaGrow Holdings, Inc. (OTC Pink: CGRW) is engaged as a liaison, lessor, and consultant for medical and recreational marijuana growers and producers. Shares of CannaGrow Holdings, Inc. are down 34% through early morning trading on Wednesday, October 19, 2016. Over the past three months, the cannabis consulting company has seen average daily volume of 168,643 shares. However, nearly 828,500 shares or dollar volume of $1.8 million, has already exchanged hands through early trading Wednesday.

Shares of CannaGrow Holdings, Inc. are diving Wednesday, after the company announced it had launched a brand new corporate website. In addition, CannaGrow Holdings, Inc. are working with Category One Botanicals, who are tasked with marketing upcoming harvests. Management sees the new rebranding efforts as positive for the company’s outlook and reputation in Colorado. Here is the press release from CannaGrow Holdings, Inc.:

CannaGrow Holdings, Inc. Press Release:

GREENWOOD VILLAGE, CO–(Marketwired – Oct 19, 2016) – CannaGrow Holdings, Inc., ( OTC PINK : CGRW ), — CannaGrow Holdings, Inc., a Liaison and Consultant providing turnkey solutions to licensed growers in the legal Cannabis industry, today announces the launch of their new website at http://www.cannagrowholdings.com.

Delmar Janovec, CEO, stated, “Now that the construction of the Buffalo Ranch Project I facility is completed and occupied by our first tenant, more time has become available to attend to other Company business. The launch of our new website is the first step in a process of branding CannaGrow Holdings as the “go to” team for all Cannabis projects in Colorado. We are currently working with a media expert to develop additional material to assist Category One Botanicals with their marketing needs for the upcoming harvest. The new website went live on October 14, 2016, and I would like to encourage our shareholders and other interested parties to visit http://www.cannagrowholdings.com to learn more about who we are and what we have to offer in the Cannabis Industry in Colorado.”

Dr. John P. Janovec, Ph.D., COO of CannaGrow Holdings added, “The new CannaGrow Holdings website is a current snapshot of our collective vision and accomplishments as a viable company in the Legal Cannabis Industry in the State of Colorado. The diverse team of experts we have united along with our strategic alliance with Licensed Grower, Category One Botanicals, LLC, enables us to tackle a wide variety of challenges involving the business, construction, production, and compliance sides of the Cannabis Industry. We look forward to providing more real-time updates about our growing team and our achievements through our News & Blog pages.”

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 COO, 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.

About CannaGrow Holdings, Inc.:

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.

CannaGrow Holdings, Inc. does not and will not, until such time as Federal law allows, grow, harvest, distribute or sell marijuana or any substance that violate the laws of the United States of America.

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