Business
Grow Condos, Inc. Releases Letter to Shareholders as Strategized Corporate Advancement Continues
Grow Condos, Inc. Releases Letter to Shareholders as Strategized Corporate Advancement Continues.
About this update from Grow Capital, Inc.
[{"type":"text","content":"\n \n \n Grow Condos, Inc. Releases Letter to Shareholders as Strategized Corporate Advancement Continues\n \n \nGrow Condos, Inc. Releases Letter to Shareholders as Strategized Corporate Advancement Continues\n \n EAGLE POINT, OR--(Marketwired - Aug 4, 2016) - 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, issues a shareholder letter to update investors on recent advancements on company milestones, and how its emerging corporate vision continues developing.\n Dear Valued Shareholders,\n As we embark on the next exciting quarter, we would like to take an opportunity to update the investment community on recent developments, opportunities, and our outlook for the remainder of 2016. Since our last letter on February 25th, 2016, I would like to reveal the directional plan for the Company and highlight the milestones we have successfully accomplished. Our most notable achievements include:\n 1) The closing of the Company's second industrial condo development property that aims to be equipped for 33 industrial units based in Eugene, Oregon, which will enable the Company to sell prime condo style units at a starting price of $150,000 per unit for our base shell;\n 2) The establishment of an Advisory Board for the purpose of providing the Company and our clients with the best of breed industry specific guidance and assistance; \n 3) The alignment of partnerships created to strengthen our capacity to serve the marketplace on an educational level, supporting both the build out and the on-going farming strategies within the units;\n 4) The Creation of an RV/Campground division entitled \"Smoke on the Water\", designed to cater to Marijuana friendly travelers.\n Our forward looking goals for the fall and remaining 2016 Calendar year includes the following milestones:\n 1) Begin taking reservations for a quick sell out at our Eugene property. The company believes that with approximately 33 to 37 units available on the Eugene development that sell out will occur quickly, as we are experiencing a tremendous amount of interest before being permitted to even accept deposits;\n 2) Target our first property outside the state of Oregon and continue with our pathway of building a national footp...