EAGLE POINT, OR / ACCESSWIRE / March 12, 2015 / Grow Condos, Inc. (GRWC) developer of warehouse condominiums for the legal medical and recreational cannabis industry announces it will be an exhibitor at the Oregon Medical Marijuana Business Conference (OMMBC) on March 15 & 16 at booth # 1 at the Hilton Conference Center in Eugene, Oregon. Exhibit hours begin at 8:30am each day.
Wayne Zallen, President and CEO of Grow Condos, Inc. says, “We are very excited to attend and be an exhibitor at this year’s OMMBC conference. Being an Oregon based company we know Eugene and its surrounding areas will offer many opportunities for cannabis growers. We believe Grow Condos is well positioned to capitalize on the emerging cannabis industry by providing turn-key real estate growing facilities to licensed growers in Oregon and nationwide.”
Grow Condos, Inc. announced on February 11, 2015 that it has entered into a Purchase and Sale Agreement on 2.67 acres in the Pioneer Industrial Park, in Eugene Oregon. On this property Grow Condos, Inc. is currently planning to build an approximately 42,000 square foot warehouse condominium project, including four buildings, some of which may be bought by a single user. Grow Condos, Inc. owns and operates a 15,000 square foot facility in Southern Oregon that is fully occupied.
About Grow Condos, Inc.
Grow Condos, Inc. (GRWC)is a real estate purchaser, developer and manager of specific use industrial properties providing “Condo” style turn-key grow facilities to support cannabis production.The Company owns, leases, sells and manages multi-tenant properties so as to reduce the risk of ownership and reduce costs to the tenants and owners.The Company is not involved in the growing, distribution or sale of cannabis.
Forward looking statements in this release are made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and pursuant to the Bespeaks Caution Doctrine.Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company’s products, increased levels of competition for the company, new products and technological changes, the company’s dependence on third-party suppliers, the changing landscape of federal and state regulation of the cannabis industry and products related to that industry, and other risks detailed from time to time in the company’s periodic reports filed with the Securities and Exchange Commission.
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Safe Harbor: This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Grow Condos, Inc, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Grow Condos, Inc. ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Grow Condos, Inc. filings with the OTC Markets, Securities and Exchange Commission and/or the company’s website.
Source: Grow Condos, Inc.