Grow Condos, Inc. (OTCQB:GRWC) Breaking News - June 21, 2017

Grow Condos, Inc. Catches Wind in its Sails as “Smoke on the Water” Builds Momentum This High Season in Lake Selma Oregon

Park Enrichments Met with Pleasing Acceptance as Native American Culture Enhances Atmosphere

EAGLE POINT, OR -- (Marketwired) -- 06/21/17 -- Grow Condos, Inc. (OTCQB: GRWC), a fully reporting publicly traded company specialized in cannabis branded real-estate property and turn-key grow facilities, Is pleased to announce today that “Smoke on the Water” at Lake Selmac undergoes a series of modifications and culturally diverse upgrades, that the sentiment among patrons has brought growing excitement to Management this high season as the Resort continues incorporating enjoyable amenities and added value services.

As of this past week, the Resort’s Native American culturally rich section has received delivery of its Tee-Pees, and begun development on a territorial conversion to a very tasteful and authentic Native American tribal themed area. This culturally rich sector of the park will be enhanced with Tee-Pee style accommodations, Yoga and other spiritually enhancing activities throughout the day, and astrology and celestial centered nightly events.

Further exciting amenities will be announced as the park concludes development. Slated projects include the incorporation of Yoga classes along with other spiritually enhancing activities throughout the day, and astrology and celestial centered nightly events. “Theater Night on the Water” is another event on schedule by which visitors will be able to experience movie viewing on a floating screen while enjoying a peaceful night on the lake, stargazing, and much more.

Pleased with the consensus from local campers and traveling vacationers thus-far, the Company moves forward with exceeding confidence. Chief Executive Officer, Wayne Zallen stated: “The concept that the “Smoke on the Water” brings to the table is proving to be a unique and successful business model entirely suitable for an advantageous “roll-up” acquisition opportunity The RV and Campground sector of the Real-Estate industry is an almost wholly exclusive niche in the industry that we are very gratified to have discovered.”

Designed to cater to and capitalize on the country’s continually growing level of recreational marijuana acceptance, “Smoke on the Water” has launched its own roll up development strategy, and started on a trajectory to duplicate its success. Management believes that these establishments can be purchased for 4 to 7 times EBITA, then converted into culturally themed Cannabis Friendly destinations, creating a greater industry presence with a growing multiple of franchise themed locations. Management has concluded that this strategy will support the targeted growth of this division, advancing each sector with a singular focus on the development of a strong foothold in each niche market.

According to popular opinion, it has been revealed that relaxed marijuana laws are a powerful motivator for tourists, since technically it’s not yet permissible to smoke in National and State Parks. Nature lovers and relaxation seekers alike benefit and thrive with the wide spectrum of activities that are available, such as hiking, fishing, swimming, boating, and other nature-rich recreational features. This has opened a very lucrative niche opportunity for smaller, privately owned properties that can offer the freedom of experiencing Oregon’s strikingly beautiful landscape while also enabling its visitors to enjoy Oregon’s 420 Friendly privileges.

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: OTCQB 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.

CONTACT:
Grow Condos, Inc.
Corporate: www.growcondos.com
Facebook: https://www.facebook.com/GrowCondosInc
Twitter: https://twitter.com/GrowCondosInc
Investor Relations: ir@growcondos.com

Source: Grow Condos, Inc.

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Recent Grow Condos, Inc. News:

Global Small Caps Initiates Coverage on Grow Condos, Inc.

EAGLE POINT, OR -- (Marketwired) -- 06/14/17 -- 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 today that the Company has been the highlight of a recent comprehensive research report projecting a price target of $1.50.

"Based on the extreme excitement among investors in the fast-growing sector and the opportunity in front of Grow Condos, we believe these shares can easily surpass $1.50 over the coming months," the featured report states. The detailed research continues evaluation from analysis of the Company's advantageous niche in the cannabis related real-estate market, and unique advisory and consulting services, to detailed insight regarding the growth potential of the budding industry as a whole.

According to the report featured in its entirety at: http://globalsmallcaps.com/2017/06/12/new-cannabis-play-grow-condos/ , Grow Condos sales are being driven by burgeoning legal cannabis market, which stood at ~$7 billion in 2016 and is expected to grow at a CAGR of ~25% till 2020 to reach ~$22 billion. The market is expanding as more states ease marijuana laws. The analyst stated: "We believe the greatest and the most profitable opportunities will be in the ancillary services such as real estate, education and advisory. GRWC is perfectly positioned to take advantage of these trends." He continued: "The 37-unit condo style upcoming warehouse facility at Eugene could potentially bring in more than $5.5 million in revenues."

Also covered in the report was the launch of 'Smoke on the Water' brand, citing its entrance into the niche RV and campground market as very lucrative, and shedding light on the value of the significant roll-up acquisition opportunities, being in such a highly fragmented industry. The writer continues by revealing the scalability of the Company's business model and its robust potential and suitability for the building of a national footprint. "We see GRWC as an ancillary play on the multi-billion-dollar legal cannabis market with strong pipeline of new project launches and an experienced management team," concluded the summary.

Grow Condos, Inc. recently announced the successful acquisition of one of the territory's privately-owned nature rich vacation spots, Lake Selmac Resort & RV Park, situated in the picturesque heart of Southern Oregon. 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. Shareholders will be kept updated as events continue to unfold.

About GlobalSmallCaps.com: The Global Small Cap Research Team aspires to provide coverage for the most highly advantageous growth emerging opportunities in the public market, with the objective of bringing insight into the latest investment trends for the empowerment of the average investor.

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: OTCQB 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.

CONTACT:
Grow Condos, Inc.
Corporate: www.growcondos.com
Facebook: https://www.facebook.com/GrowCondosInc
Twitter: https://twitter.com/GrowCondosInc
Investor Relations: ir@growcondos.com

Source: Grow Condos, Inc.

Grow Condos, Inc. Provides “Smoke on the Water” Advancement Update

EAGLE POINT, OR -- (Marketwired) -- 05/02/17 -- 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, today seeks to update investors on the recent acquisition closing of Lake Selmac Resort & RV Park, and the development of its evolving strategy in Lake Selma Oregon.

After completing the acquisition, the company believes that the Smoke on the Water business presents a unique separate business model and being entirely ripe for a “roll-up” acquisition play within the RV and Campground industry. Currently, the industry is entirely dominated by a ‘Mom and Pop’ type business with no tangible exit strategy. The company feels that these establishments can be purchased for 4 to 7 times EBITA, then converted into culturally themed Cannabis Friendly destinations, creating a greater industry presence with a growing multiple of franchise themed locations.

Plans currently underway at the at the Lake Selma Resort include the development of a territorial conversion to the Native American theme, enhanced with TeePee style accommodations, Yoga and other spiritually enhancing activities throughout the day, and astrology and celestial centered nightly events. Other exclusive features include “Theater Night on the Water”, an event by which visitors will be able to experience movie viewing on a floating screen while enjoying a peaceful night on the lake.

Created to capitalize on the country’s continually growing level of recreational marijuana acceptance, “Smoke on the Water” has launched its own roll up development strategy, and started on a trajectory to duplicate its success. Chief Executive Officer, Wayne Zallen stated: “We believe that we have reached a pinnacle, since the acquisition of Southern Oregon’s Lake Selmac Resort & RV Park, where this sector has established sufficient momentum to yield considerable value on its own.”

Management has concluded that this strategy will support the targeted growth of this division, advancing each sector with a singular focus on the development of a strong foothold in each niche market. Smoke on the Water is now relatively established, and prepared to capitalize on the fragmented RV industry in marijuana friendly territories.”

According to popular consensus, it has been revealed that relaxed marijuana laws are a powerful motivator for tourists, since technically it’s not yet permissible to recreationally smoke in National and State Parks. This has opened a very lucrative niche opportunity for smaller, privately owned properties that can offer the freedom of experiencing Oregon’s strikingly beautiful landscape while also enabling its visitors to enjoy Oregon’s 420 Friendly privileges.

Grow Condos, Inc. recently announced the successful acquisition of one of the territory’s privately owned nature rich vacation spots, Lake Selmac Resort & RV Park, situated in the picturesque heart of Southern Oregon. 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  Shareholders will be kept updated as events continue to 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: OTCQB 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.

CONTACT:
Grow Condos, Inc.
Corporate: www.growcondos.com
Facebook: https://www.facebook.com/GrowCondosInc
Twitter: https://twitter.com/GrowCondosInc
Investor Relations: ir@growcondos.com

Source: Grow Condos, Inc.

Grow Condos, Inc. Chief Executive Officer, Wayne Zallen, Featured in Exclusive Nasdaq MarketSite Interview at Times Square

EAGLE POINT, OR -- (Marketwired) -- 04/12/17 -- 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 following the Company's "Smoke on the Water" acquisition, the Company's Chief Executive Officer, Wayne Zallen was Interviewed at Nasdaq MarketSite at Times Square by Jill Malandrino, Markets Reporter, where he was able to present insight into the Company's unique position in the industry and corporate vision. The interview can be viewed in its entirety at the NASDAQ site shortly.

Mr. Zallen introduced the Company with a brief overview, reflecting on the various segments of the Company, particularly the corporate real estate division, branding services and financial Services. He proceeded to comment on the statistic revealing that 1 in 5 people or approximately 20% of the US population reside in a legal marijuana state, highlighting market potential for the building of a national footprint. Furthermore, he proceeded to share, based on the Company's recent "Smoke on the Water" acquisition, that management envisions the building out of a growing number of cannabis friendly destinations. Activities would include yoga, massage, spiritual themes, and amenities would include a general store and the leasing of a dispensary on the property.

In response to an inquiry regarding the Company's advancement strategy, Mr. Zallen shed light on his ideas regarding the advantage of growth through acquisition. He stated: "The RV industry is very fragmented; full of mom and pop operators, that are basically trading around 3-5% EBITDA, and we're basically thinking that we can grow this to about 20% EBITDA plus land value. So we see a very fast way to grow our top line in this industry."

Upon conclusion, in response to Jill's inquiry regarding his foresight in the political realm and the long-term outlook, he stated: "None of us know what is going to happen with the Trump Administration; that being said, I do think that what's going on in the industry is that the states that do have legal Marijuana are enjoying the tax benefits from that. I don't think that they are going to want to see those tax revenues stop. I also think that other states right now are looking at the legal states and thinking that they might want a piece of that pie." He concluded by eluding to the fact that the analyst projections point to a 50 Billion dollar industry by 2020, giving the Company the ability to develop a substantial national footprint.

Nasdaq MarketSite delivers up-to-the-minute news, break-out events and worldwide media coverage that build knowledge, value and brands. Nasdaq is built strategically around four complementary business segments -- Tech, Trade, Intel and List, that guide clients as they pursue opportunities to create, or maximize value in the world's capital markets. Nasdaq provides the infrastructure, tools and strategic insights tailored for the capital-market opportunities of today and the expectations of tomorrow.

Grow Condos, Inc. recently announced the successful acquisition of one of the territory's privately owned nature rich vacation spots, Lake Selmac Resort & RV Park, situated in the picturesque heart of Southern Oregon. 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. Shareholders will be kept updated as events continue to unfold.

About Nasdaq: Nasdaq (NASDAQ:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables clients to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 85 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,800 listed companies with a market value of $10.1 trillion and nearly 18,000 corporate clients. To learn more, visit: business.nasdaq.com.

About Smoke on the Water Inc: Smoke on the Water, Inc. is Grow Condos' 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. 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.

CONTACT:
Grow Condos, Inc.
Corporate: www.growcondos.com
Facebook: https://www.facebook.com/GrowCondosInc
Twitter: https://twitter.com/GrowCondosInc
Investor Relations: info@growcondos.com

Source: Grow Condos, Inc.

Grow Condos, Inc. to Appear in the Cannabis Investor Magazine & Webcast

EAGLE POINT, OR -- (Marketwired) -- 03/28/17 -- 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 Grow Condos, Inc. will present on the Company's activities on the CANNAINVESTOR Webcast (www.cannawebcast.com) on Thursday, March 30, 2017 at 2 PM EST. Mr. Wayne Zallen, Chief Executive Officer will deliver the online 30-minute presentation followed by 15-minutes of live Q&A. Cannabis investors, analysts, executives, media, and consumers who would like to attend the free online webcast, please click on the link www.cannawebcast.com and visit the Registration Page. After you register you will receive a link via e-mail to access the webcast on presentation day. To view the recorded presentation, please visit www.youtube.com and search for "Cannabis Investor Webcast". The recorded presentation will be available two weeks after the live presentation.

Topics Included for Discussion:
1) The recent Lake Selmac Resorts acquisition and the plans for the build out of the Smoke on The Water brand and its line of cannabis friendly RV and Campgrounds
2) The RV Campground space is entirely ripe for a "role up" acquisition strategynna
3) Why Condo Style properties are perfect for the small cannabis farmer
4) Why Grow Condo's believes the "Pick and Shovel" approach is the best way to attack the explosive industry.
5) What are Wayne Zallen's and Grow Condo's thoughts on the recent Trump and Sessions appointment along with the outlook of the industry.

Grow Condos, Inc. will be sub-featured in the March / April issue of the CANNAINVESTOR Magazine. To view the Company's sub-feature article in the CANNAINVESTOR Magazine, please visit www.cannainvestormag.com and subscribe for free on Thursday, March 30, 2017. CANNAINVESTOR Magazine & Webcast is the leading industry magazine and webcast for cannabis investors, analysts and financial media.

"The CANNAINVESTOR Magazine and Webcast are digital platforms that will assist Grow Condos, Inc. increase its awareness and exposure to new investors and updating existing investors about the Lake Selmac Resort & RV Park acquisition," said Mr. Wayne Zallen, Chief Executive Officer.

About Grow Condos, Inc. Grow Condos, Inc.: Grow Condos is a fully reporting publicly traded company listed under the symbol GRWC. It is a real estate purchaser, developer and 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.

CONTACT:
Grow Condos, Inc.
Corporate: www.growcondos.com
Facebook: https://www.facebook.com/GrowCondosInc
Twitter: https://twitter.com/GrowCondosInc
Investor Relations: info@growcondos.com

Source: Grow Condos, Inc.
 

Grow Condos, Inc., Closes Acquisition Lake Selmac Resort & RV Park

Grow Condos Officially Secures First Smoke on the Water Cannabis Friendly Campground

EAGLE POINT, OR -- (Marketwired) -- 03/13/17 -- 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 Grow Condo's, Inc. (the "Company")'s wholly owned subsidiary, Smoke on the Water Inc, has successfully closed on one of the territory's privately owned nature rich vacation spots, Lake Selmac Resort & RV Park, situated in the picturesque heart of Southern Oregon. The transaction was completed in the form of cash, stock and debt.

"This is one of the most exciting ventures to date for our Company. We feel there is a tremendous opportunity to do a role up within the RV and Campground Industry and then rebrand using the Smoke on the Water Brand. The industry is largely dominated by a 'Mom and Pop' types of establishment, and perfect for a roll up acquisition strategy," stated Wayne Zallen, Chief Executive Officer.

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 currently facilitates fishing, swimming, boating, and in addition to RV parking, has tent camping and cabin locations established for accommodation. To view more regarding the property, visit: http://www.lakeselmac.com

Because it's not yet permissible to recreationally smoke in National and State Parks, it has been discovered that relaxed marijuana laws are indeed a powerful motivator for tourists, which creates a very lucrative niche opportunity for smaller, privately owned properties that can offer the freedom of experiencing Oregon's strikingly beautiful landscape while also allowing its visitors to enjoy Oregon's 420 friendly privileges.

According to the Travel Oregon Strategic Plan for 2015-17, it states: "More people than ever are choosing to come to Oregon, and they are traveling farther than ever to get here. They are coming to enjoy the things we love: natural beauty, wilderness, adventure, amazing fresh food, wine, craft beer, world-class sports, and a vibrant arts and culture community. The result of all these visitors is a long list of powerful statistics and measures that show the profound economic power of tourism in Oregon."

In a recent survey done in Colorado, the following statistics were discovered: "Potential summertime visitors who were exposed to the state's tourism ads said the marijuana laws influenced vacation decisions almost 49 percent of the time," The Denver Post reports. While the state's tourism ad campaign does not mention marijuana, 22 percent of survey respondents said the drug was "extremely influential" in their decision to visit Colorado. In addition, 20 percent said it was "very much influential" and nearly 7 percent said it was "somewhat influential."

About Lake Selmac Resort: Lake Selmac Resort
2700 Lake Shore Drive
Selma, Oregon, 97538
http://www.lakeselmac.com
Tel (541)597-2277

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 and 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.

CONTACT:
Grow Condos, Inc.
Corporate: www.growcondos.com
Facebook: https://www.facebook.com/GrowCondosInc
Twitter: https://twitter.com/GrowCondosInc
Investor Relations: info@growcondos.com

Source: Grow Condos, Inc.

Grow Condos, Inc. Appoints Industry Veteran, Charles B. Mathews, CPA, as Corporate Chief Financial Officer

EAGLE POINT, OR -- (Marketwired) -- 03/06/17 -- 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 the appointment of seasoned industry leading executive, Charles B. Mathews to the Grow Condos, Inc. (the "Company") management team.

Recognized as a notable proprietor and highly proficient financial professional with comprehensive experience in the full spectrum of organizational management, Mr. Mathews brings to the table extensive experience in process enhancement, financial and economic analysis and a keen discernment for successful business and organizational development strategies. His hands-on management style in the development and implementation of calculated strategies is expected to significantly enhance the Company's potential for growth and achievement.

"Having demonstrated a strong track record in organizational development, controlling costs, improving earnings and cash flow, Mr. Mathews fortifies the Management team with wisdom, experience, and a diversified perspective. We are delighted to have Mr. Mathews on board as we prepare for expansion. His acquired insight and industry understanding has by far set him apart as the Company's finest selection. His highly qualified contribution is expected to empower the team as we streamline, expand, and forge ahead toward sales and profitability," stated Wayne Zallen, Chief Executive Officer.

Mr. Mathews brings over 30 years of executive financial management experience with both public and private companies. He has operated as a successful proprietor, Charles B. Mathews, CPA, an accounting and business consulting firm in Phoenix, AZ since 2000. Having set his sights on serving the cannabis sector as of late, he has been gaining invaluable insight into the industry. Having served as Chief Financial Officer for mCig, Inc. MCIG:OTCQB and Vitacig, Inc. in addition to his tenure as Executive Vice President and Chief Financial Officer of Quepasa Corporation NYSE:QPSA, a publicly traded leading Hispanic internet portal, qualified him as the Company's premium candidate. Mr. Mathews, a Certified Public Accountant, earned his B.A. in Business Administration from Alaska Pacific University and an M.B.A. from Arizona State University.

"The industry faces unprecedented opportunities and challenges. I am very pleased to be part of this group at this stage. The growth potential of the Company's business model has great potential, and I have high expectations of what can be accomplished at this stage in the market," stated Charles B. Mathews, Chief Financial Officer, Grow Condos, Inc. Mr. Mathews' extensive experience in the public sector is inclusive of all SEC reporting requirements, XBRL, and mergers & acquisitions. Specialties include: Financial Reporting, Financial Statements & Analysis, Budgeting & Forecasting, Mergers & Acquisition.

On March 1, 2017, Joann Z. Cleckner resigned as Chief Financial Officer of Grow Condos, Inc., effective as of that date. Ms. Cleckner will remain as the Secretary of the Company. Ms. Cleckner's resignation from the Company was amicable, and did not result from any disagreement with the Company on any matter related to the Company's operations, policies, or practices.

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.

CONTACT:
Grow Condos, Inc.
Corporate: www.growcondos.com
Facebook: https://www.facebook.com/GrowCondosInc
Twitter: https://twitter.com/GrowCondosInc
Investor Relations: ir@growcondos.com

Source: Grow Condos, Inc.

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About Grow Condos, Inc.:

Providing Brick and Mortar solutions to the Marijuana Industry

Real Estate-Customized Sales and Rentals
Advisory and Consulting Services
Equipment Sales and Finance
Labor and Logistics
Brand Building

Overview

Grow Condos ( GRWC : OTCQB ) is the world’s first publicly-listed real estate company dedicated exclusively to the Cannabis industry. We own, develop and manages industrial properties with the stated mission of enabling and enhancing the cultivation of Cannabis growers. We also outfit these growers along with supplying them with a unique advisory and consulting services

Industry Highlights

Right now, it’s estimated that the U.S. cannabis consumer market for legalized recreational and medicinal use was $4.4 billion in 2015 and in all likelihood will grow to $9.5 billion in 2019. Once legalized federally, it’s estimated this market will grow to $37 billion within 5 years and $50 billion within 10 years.

Cannabinoid therapeutic applications have been identified for more than 40 medical conditions including arthritis, cancer, chronic pain, epilepsy, glaucoma and HIV/ AIDS and that it’s believed that the future cannabinoid-based pharmaceuticals market may ultimately exceed $50 billion.

That industry experts believe that with the states increasingly accepting Marijuana; that federal legalization is not a question of if but rather when. Just like it all happened with lift prohibition in in the 1920’s. It’s time has come.

The Company

Our company is taking a very unique approach to this explosive industry. Its very similar to the "Pick and Shovel approach that was used back in the Gold Rush and the Great Land Grab of the Unites States. We believe the greatest opportunities and leverage are not in the Marijuana per sa but rather in the supplying the industry itself. And that, the greatest and most profitable opportunities will be in Real Estate, Education and Advisory Services.

Already, right now our company owns and operates our first 10 unit facility based in Medford Oregon. This initial complex is already fully rented out with a long waiting list. This initial first facility is where the initial inception of Grow Condo’s was initially developed was when we discovered just how much that tenants were passionate with their units and how willing they are to spend big money on leasehold improvements and on customizing their individual units in order to fulfill that passion. It was then when we discovered we wanted to be in the business of helping marijuana industry professionals fulfill their passion and make real estate the cornerstone and backbone of the Grow Condo’s business model.

Grow Condo’s itself can be broken down into 3 main revenue prongs

Real Estate
Education and Advisory
Ancillary Services

On the Real Estate side we recently closed on our second facility based in Eugene Oregon and are beginning to implement the second phase of our model. The Eugene property calls for a much larger development of 5 buildings and 37 units total. While unit is estimated to be sold for $150,000 to $175,000 per empty shell we believe that typical spends can reach up to $400,000 when you add lighting, shelves, engineering etc.

Management believes there is a tremendous opportunity to build out a national footprint across the USA for this formula as more and more states make Marijuana legal

Team
Wayne Zallen – Chief Executive Officer & Director

What has today become Grow Condos, Inc. began in October 2013 when Mr. Zallen bought an unfinished, industrial warehouse from a local bank and subsequently developed it into a safe haven for medical marijuana growers.Mr. Zallen has since developed an innovative lease-option model that benefits both the grower as well as the investor. In April 2009, Mr. Zallen gained deep industry experience by developing an aeroponic growing method that produces superior quality medical marijuana in a minimal amount of time.

From 2006 up to the present, Mr. Zallen was the President of Sigclo Enterprises, LLC a business incubator specializing in importing and distributing goods through a multitude of web based consumer channels. Prior to that Mr. Zallen specialized in buying, building, and assisting startup companies in achieving their untapped potential. To date these businesses continue to operate profitably.

From 1986 to 2000 Mr. Zallen was involved in the financial services industry, owning one of the first Allstate’s insurance franchises and achieving a top 1% national ranking. Later he went on to establish a San Francisco Bay Area regional office of American National Financial, Inc., where he hired, trained, and developed sales agents to originate over $8 million USD per month in wholesale and retail loans across Northern California.

Mr. Zallen has also been a Business Manager & Account Executive for John Rhein Advertising and was responsible for business management, budgeting, media evaluation, and procurement at John Rhein Advertising where he developed exclusive advertising campaigns which went on to be syndicated nationwide.

In 1977 Mr. Zallen obtained an Industrial Design Bachelor of Science degree from The Ohio State University.

Joann Zallen Cleckner – Secretary

Joann is a native of New York; was raised in central Ohio, and spent most of her adult life in the San Francisco Bay Area. Having recently relocated to Southern Oregon.

Mrs. Cleckner previously worked in the Tax Department of Bank of America and when the
division she worked in was sold to General Electric, she became a Divisional Controller for GE.

After years of gaining invaluable experience in a large corporate environment, Mrs. Cleckner worked for various clients doing contract accounting. Subsequently, she took a position in Public Accounting, working as a senior auditor and passing the Uniform CPA Examination and earning her California CPA license. She then opened her own practice, specializing in small business consulting and taxes.

After earning a BA in Comprehensive Social Studies at The Ohio State University, Mrs. Cleckner went on to earn an MA in Public administration with an emphasis in Personnel and Labor Relations as well as a JD, Cum Laude. She is interested in alternate dispute resolution and has an Oregon Mediation Certification. Mrs. Cleckner has also served on numerous not for profit boards.

Carl S. Sanko – Director

Mr. Sanko is a Certified Professional Accountant (CPA) and has provided tax, accounting, and consulting services to clients for the past five years, including working as a contract CFO, Secretary, and Director of Kush (a private Nevada corporation) for the past year and a half.

Mr. Sanko is also a licensed real estate broker, owning an independent real estate corporation.

David M. Tobias – Director

Mr. Tobias brings nearly 30 years of Executive Management experience in the Cannabis industry and is a respected industry leader.

He is currently President & Secretary of Wild Earth Naturals, Inc. He also sits on the Board of Directors of Rocky Mountain Ayre, Inc. and Cannabis Sativa, Inc.

Mr. Tobias was previously a Director & Vice President of Medical Marijuana, Inc. and President of Hemp, Inc.

Robert Carp- Board of advisors

Former Harvard University Dean’s Council, Robert Carp, is one of the nation’s leading national lecturers and prolific authors. Carp is currently a practicing attorney in the Boston area, and a nationwide public speaker on marijuana based business operations, corporate structures and tax issues. As head of Carp Law Group, Mr. Carp has acquired an expertise in the cannabis industry that is considered world class. His 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.

Robert Carp has developed a successful career in assisting clients with compliance and OSHA issues, local business rules, and federal regulation. He is the author of the 350-page industry bible, “The Marijuana Business Operations Guide”, which is a comprehensive step by step manual designed to help newly aspiring entrepreneurs save tens of thousands on legal bills and consulting fees by capitalizing on the acquired knowledge and experience of successful business leaders in the growing industry. The up-to-date guide covers from how to apply for a cultivation permit, to building a successful dispensary, with everything in between, and more. Leading in its category on Amazon.com, it covers every imaginable topic on the business of growing and selling cannabis, providing readers with the advantage of tried and true strategies to gain success in the growing industry. Carp is also the founder of the Massachusetts Medical Marijuana Dispensers Association.

Former High Tech Entrepreneur of the Year, Robert Carp, graduated from Purdue University with a Bachelor’s degree in 1977, and went on to acquire his Masters from Harvard University in Political Science and Government in 2009. He currently practices Law specializing in corporate matters, estate planning, litigation, and any other business matters requiring a dispassionate, analytical look.

Charles B. Mathews – Corporate Chief Financial Officer

Recognized as a notable proprietor and highly proficient financial professional with comprehensive experience in the full spectrum of organizational management, Mr. Mathews brings to the table extensive experience in process enhancement, financial and economic analysis and a keen discernment for successful business and organizational development strategies. His hands-on management style in the development and implementation of calculated strategies is expected to significantly enhance the Company’s potential for growth and achievement.

Mr. Mathews brings over 30 years of executive financial management experience with both public and private companies. He has operated as a successful proprietor, Charles B. Mathews, CPA, an accounting and business consulting firm in Phoenix, AZ since 2000. Having set his sights on serving the cannabis sector as of late, he has been gaining invaluable insight into the industry. Having served as Chief Financial Officer for mCig, Inc. MCIG:OTCQB and Vitacig, Inc. in addition to his tenure as Executive Vice President and Chief Financial Officer of Quepasa Corporation NYSE:QPSA, a publicly traded leading Hispanic internet portal, qualified him as the Company’s premium candidate. Mr. Mathews, a Certified Public Accountant, earned his B.A. in Business Administration from Alaska Pacific University and an M.B.A. from Arizona State University.

Proficient financial professional with comprehensive experience in all aspects of organizational management. Extensive experience in process enhancement, financial and economic analysis with a “street-sense” for business and organizational development. Hands-on management style in the development and implementation of strategic plans to ensure company growth and profitability. Demonstrated record of success in organizational development, controlling costs, improving earnings and cash flow.

.SOURCE: http://growcondos.com/

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