EAGLE POINT, OR--(Marketwired - Jan 27, 2017) - Grow Condos, Inc. (OTCQB: GRWC),a fully reporting publicly traded company specialized in cannabis industry related "Condo" style real estate and turn-key grow facilities, is pleased to announce that as the Company advances on its key projects, a growing number of noteworthy local media outlets have taken notice of Grow Condo's ventures, and provided coverage, highlighting the opportune timing and magnitude of the Company's endeavors including the developments of Nuggetville, and Smoke on the Water. For the latest updates at any time go to: http://growcondos.com/media/.
Management is overwhelmed with the positive publicity and local support that appears to be emerging. One of the finest ways to get exposure is for a company's prospective clients and partners to encounter that entity in the media. Getting news coverage in the press is a valuable contribution to any company's long term success. Below are some of the headlines that have been discovered over the past few weeks:
Oregon Company Grow Condos Announces Pot-Friendly RV Park
MERRY JANE-Jan 23, 2017
This will be the third major project for Grow Condos, who currently provide warehouse space for marijuana growers in Eagle Point.
Oregon company Grow Condos hopes to build pot-friendly RV park ...
The Register-Guard-Jan 22, 2017
Eagle Point Company Plans Marijuana-Friendly RV Park
OPB News-Jan 22, 2017
Company hopes to build pot-friendly RV park in Oregon
Minneapolis Star Tribune-Jan 22, 2017
Oregon Company Grow Condos Wants to Open the First Cannabis ...
The Marijuana Times-Jan 24, 2017
Since cannabis has been legalized in various states it's clear that there are a number of people who have been, or will be, changing their ...
'Nuggetville,' a new marijuana growing facility, makes business ...
KVAL-Jan 24, 2017
Southern Oregon company plans west Eugene industrial complex ...
The Register-Guard-Jan 5, 2017
1/2 -- This vacant lot in west Eugene could house more than 30 separate marijuana growers. A southern Oregon company, Grow Condos, plans ...
Local business 'Grow Condos' expands to Eugene
KOBI-TV NBC5 / KOTI-TV NBC2-Jan 19, 2017
Wayne Zallen's business 'Grow Condos' began in the recession, and somewhat, as a surprise. "The demand was for marijuana growers, ...
Pot condos? Oregon developer sees big market in marijuana
Seattle Daily Journal of Commerce (subscription)-Jan 12, 2017
This complex in Eugene would have 32 "pot condos" for sale or lease. Grow Condos also has a campground and resort division called Smoke ...
Proposed complex would house dozens of pot growers
KOIN.com-Jan 9, 2017
The Register-Guard reports that Grow Condos Inc. has submitted its ... Grow Condos CEO Wayne Zallen says the company has a similar facility ...
Company plans Eugene complex to house dozens of pot growers
Clearfield Progress-Jan 9, 2017
Eagle Point Company Wants to Build Pot-Friendly RV Park in ...
KAJO-Jan 24, 2017
Grow Condos Chief Executive Officer Wayne Zallen says the park will be called "Smoke on the Water." Zallen says if the project moves forward,
The Next Big Thing: Marijuana Growing Condos?
National Mortgage Professional Magazine-Jan 13, 2017
According to a Daily Journal of Commerce report, the start-up Grow Condos is seeking permission from the city of Eugene, Ore., to open a ...
Grow Condo's new wholly owned subsidiary, "Smoke on the Water," recently announced that the Company had entered into an Agreement to acquire one of the territory's privately owned nature rich vacation spots, Lake Selmac Resort & RV Park, situated in the picturesque heart of Southern Oregon. In reference to the transaction, Marijuana Times on January 24th published the following excerpts: "Since cannabis has been legalized in various states it's clear that there are a number of people who have been, or will be, changing their vacationing plans to get a chance to enjoy some legal herb while they get away from the mundane routine of everyday life. Unfortunately, due to strict consumption laws that prohibit people from smoking or vaping marijuana in public, there are very few places where you can enjoy your legal cannabis while on vacation."
The article concluded: "Another roadblock for those who enjoy the outdoors and spend most of their vacations camping or traveling in an RV, national parks and campgrounds are federal property and even in a state where cannabis is legal, it is not allowed on these properties. This leaves even fewer options for those who are visiting to enjoy the newly legal cannabis industry -- but an Oregon company called Grow Condos, who leases indoor grow spaces, has just entered into an agreement to purchase Lake Selmac Resort and RV Park."
Located just 20 miles south of Grants Pass, Oregon and 2.5 miles east of the Redwood Highway (Hwy. 199) in Selma, Oregon, Lake Selmac Resort the peaceful exclusive property currently facilitates Fishing, Swimming, Boating, and in addition to RV parking, has Tent Camping & Cabin locations established for accommodation. To view more regarding the property, visit: http://www.lakeselmac.com. Grow Condos and Smoke on the Water are actively continuing development of the ventures recently announced, and intend to keep shareholders fully informed as projects unfold.
About Smoke on the Water, Inc.: Smoke on the Water, Inc. is Grow Condo's wholly owned subsidiary, designed to capitalize on the country's growing level of recreational marijuana acceptance. The company plans to engage in a roll up strategy for this highly-fragmented industry and provide turn-key solutions for Marijuana-friendly campgrounds and resorts. The company has strategized to initially develop the property through acquisition, subsequently rebranding the existing RV business to represent the Smoke on the Water brand. Upon project launch, the Company plans to provide fully functional vacationing solutions to campground operators and owners seeking to fill the growing demand for stress free and acceptable vacationing for the pro-personal choice and marijuana smoking community. For more information, visit: www.smokeonthewater.club
About: Grow Condos, Inc.: Grow Condos is a fully reporting publicly traded company listed under the symbol GRWC: Pink Sheets. It is a real estate purchaser, developer & manager of specific use industrial properties providing "condo" style turn-key grow facilities to support the cannabis industry. We own, lease, sell and manage multi-tenant properties.
Like during the Gold Rush days in California, Grow Condos is focused on a pick-and-shovel approach to participating in the exploding marijuana industry. We finance the purchase and/or development of properties by offering to investors private placement sponsorships, debt instruments, or limited partnerships. We believe there is a significant investor demand for such opportunities. Currently we own and manage a 15,000-square foot warehouse in Eagle Point, Oregon, own and developing a property in Eugene, Oregon and are currently looking into other acquisitions in Oregon, Colorado, Washington, California and Nevada with like-minded investors who want to share in the growth of this dynamic new industry.
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.