SOURCE: CannaGrow Holdings, Inc.

February 23, 2015 16:15 ET

CannaGrow Holdings Will Attend Tribal Marijuana Conference at Tulalip Resort Casino in Washington

CENTENNIAL, CO--(Marketwired - Feb 23, 2015) - CannaGrow Holdings, Inc., (OTC PINK: CGRW), a Liaison and Consultant providing Turn-Key solutions to licensed Growers will attend the Tribal Marijuana Conference in Tulalip, Washington.

Mr. Janovec, CannaGrow Holdings, CEO, comments, "CannaGrow Holdings was recently contacted by one of the largest Native American Tribes in the United States. The inquiry was in regard to our interests in developing a business relationship with the Tribe in the marijuana-cannabis industry. Due to this inquiry and others like it, I think it is important for CannaGrow to become familiar with the new policies allowing Native American Tribes to establish enterprises in the cannabis industry on their Tribal lands and reservations." As a start, CannaGrow Holdings will be attending the Tribal Marijuana Conference in Tulalip, Washington, at the Tulalip Resort Casino, which is being co-sponsored by Odawi Law, PLLC and Harris Moure, PLLC, law firms, on February 27 & February 28, 2015. The conference will cover a number of important topics, such as:

  • Native American Tribal governments interested in generating revenues in this industry
  • Native American Tribal governments and Indian entrepreneurs looking to create new business partnerships
  • Non-Indian owned marijuana businesses wanting to expand onto Native American reservations 
  • Federal laws and policies regulating the marijuana possession & usage
  • State laws regulating marijuana possession & usage
  • Medical marijuana in the States of Washington, Nevada, and California
  • Full legalization of marijuana in the States of Washington and Colorado 

The New policies have come into play within the last three (3) months and like most new policies, will be ever changing as this industry continues to expand across the USA. Attending Conferences like this one and others slated for the month of March and later into 2015 will be an intricate part of CannaGrow maintaining a leading position as a liaison, consultant, and a facility manager in this new and exciting industry."

Mr. Janovec goes on to say, "I have personally been involved and worked with three (3) of the top five (5) largest Native American Tribes (based upon business revenues and enterprises). My previous working experience with these three Native American Tribes was in the housing/mortgage industry. The fact that I am a descendant of the Santee Sioux Tribe and have developed a good working knowledge of the various regulations that govern these Tribes and the cultures which exist on the Tribal reservations, I feel that CannaGrow will have a competitive edge."

With the addition of our consultants, Dr. John P. Janovec and Jason Wells, CannaGrow is in the position to begin expanding consulting services and operations in the cannabis industry and within the development of facilities to be built on Native American Tribal reservations."

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. is currently working with a website designer to update its website to reflect the new business model that will be forthcoming in the very near future.

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.

CannaGrow Holdings, Inc. encourages the public to read the above information in conjunction with its year-end statement for December 31, 2013, and the quarterly statements filed in calendar year 2014, at www.OTCMarkets.com.

The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "may," "could," "possibly," "feel," "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its services, competition, limited service facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein.

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