SOURCE: Grow Condos, Inc.

Grow Condos, Inc.

June 17, 2016 06:00 ET

Grow Condos, Inc. Forms Advisory Board With the Addition of Distinguished Industry Pioneer and Public Speaker, Robert Carp

EAGLE POINT, OR--(Marketwired - Jun 17, 2016) - Grow Condos, Inc. (OTC PINK: 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 the Company has incorporated an Advisory Board for the purpose of providing the Company and its clients with valuable industry specific guidance and assistance.

In the Company's effort to attract the nation's brightest industry professionals, the newly formed Advisory Board is initiated with the appointment of Former Harvard University Dean's Council, Robert Carp, one of the industry's leading national lecturers and prolific author. His latest book, "The Marijuana Business Operations Guide," leads in its category on the Amazon Marketplace.

As head of Carp Law Group, Mr. Carp brings to the table an expertise in the cannabis industry that is considered world class. The practice empowers clients with guidance involving the development and maintenance of full turn-key applications for dispensaries, cultivation facilities, and other grow facilities; supporting a spectrum of dispensaries in their endeavor to develop efficient and profitable state-of-the-art harvesting operations.

"We are very pleased to have Robert Carp on board. His addition to the advisory board is expected to be an invaluable contribution, considering how his industry understanding directly aligns with our corporate vision for growth. We believe the formation of our Board of Advisors will have a substantial impact on the short and long term success of our current and future endeavors," stated Wayne Zallen, CEO, Grow Condos, Inc.

Robert Carp brings a wealth of experience from his successful career in assisting clients with compliance and OSHA issues, local business rules, and federal regulation, making him a superb addition to the Grow Condos team. He is the author of the 350-page industry bible, The Marijuana Business Operations Guide, and the soon to be published Cannabis Business Federal Tax Guide. Carp is a practicing attorney in the Boston area, and a nationwide public speaker on marijuana based business operations, corporate structures and tax issues. Carp is also the founder of the Massachusetts Medical Marijuana Dispensers Association.

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 are 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.

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