SOURCE: CrowdGather, Inc.

CrowdGather, Inc.

August 02, 2016 09:00 ET

CrowdGather Expands Advisory Board in Anticipation of Expanding Cannabis Operations by Entering Market for Cannabis Coworking

CALABASAS, CA--(Marketwired - Aug 2, 2016) - Specialty Cannabis and consumer publishing network, CrowdGather, Inc. (OTCQB: CRWG), today announced the addition of Ben Larson and Carter Laren, Cofounders and Managing Partners of Oakland based, Gateway Incubator -- California's first cannabis business incubator -- to its advisory board.

Ben Larson is a Director and Mentor for the Founder Institute; Co-Founder of The Food Nest and Pitch.Coach; and a Senior Adviser for YBUSA. Carter Laren is currently a Director and Mentor for the Founder Institute and is co-founder of Pitch.Coach. He's an active angel investor and adviser.

"We are pleased to add the support of Ben and Carter to help us expand our activities in the cannabis sector," said Sanjay Sabnani, Chairman and CEO of CrowdGather, Inc. "Oakland-based Gateway Works is California's premier cannabis business accelerator and cannabis industry specific coworking space in California. As a featured Mentor to Gateway and the cannabis start-ups in their program, I have the privilege of interacting with both Ben and Carter as well as their initial cohort of startup members. Now, we have the exciting prospects of working with them to explore the coworking space for ourselves."

About CrowdGather, Inc.
CrowdGather, Inc. is an investor, acquirer, operator and owner of digital assets in the consumer and cannabis sectors. In 2016, CrowdGather intends to launch a crowdfunding portal at CrowdGather to assist cannabis and digital startups in procuring financing. The Company's online publishing network is anchored by DIY community builder, Yuku.com while its cannabis holdings include long standing online communities WeedTracker and RapMusic.

About Gateway Incubator
Gateway is California's premier cannabis business accelerator program, and the first offering of its kind anywhere. As a funding accelerator and coworking space located in San Francisco's Bay Area, Gateway is providing cannabis entrepreneurs exposure to the mentorship, capital, and expectations proven in Silicon Valley. Entrepreneurs in the cannabis space have great passion and creativity for the products they produce. Our goal is to not only cultivate great entrepreneurs in the space, but to create world-class business leaders. This is what it will take to bring the cannabis industry to the mainstream.

Our location, office, and growing network of mentors, investors, and partners are all deliberately designed to create the best entrepreneurs in this quickly evolving market. We see value in the cross-pollination of industries, such as cannabis, tech, and professional services. Gateway is located in The Leviathan Building in Oakland, which is known for its unique design that we feel promotes creativity and collaboration. By operating in Oakland, the birthplace of the cannabis industry in the US, we will be part of the hotbed of innovation in legal cannabis.

Gateway was launched on November 20, 2015 by serial entrepreneurs Ben Larson (@pitchtoben) and Carter Laren (@claren).

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth and business strategy. Words such as "expects,""will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company's business; general economic, industry and market sector conditions; the ability to generate increased revenues from the Company's forums; the ability to obtain additional financing; the ability to manage the Company's growth; the ability to develop and market new technologies to respond to rapid technological changes; competitive factors in the market(s) in which the Company operates; and other events, factors and risks disclosed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Contact Information

  • For additional information, please contact:
    Investor Contact:

    Sanjay Sabnani
    Phone: 818-435-2472 x 101
    Email: sanjay@crowdgather.com