It is really remarkable the number of business avenues the cannabis industry unlocks. Of course, people know about growers, processors and retailers. However, these marijuana businesses need lawyers, accountants, security and maybe even consultants of various types. Additionally, enterprising entrepreneurs often see a niche to fill within the industry as we have seen with trimming machines and kief extractors. One company that has stepped up to fill a need within the industry is Grow Condos, who offer growing space within warehouses, supplying cannabis cultivators with the location, supplies, equipment and know-how needed to grow marijuana. Grow Condos and other up-and-coming and established businesses will be networking at this weekend’s Oregon Medical Marijuana Business Conference (OMMBC) this weekend.
Grow Condos purchased a 15,000 square foot warehouse in Southern Oregon, that the company manages for marijuana growers. The company found that they had a successful model that had a demand in areas with state-licensed cannabis production system. The company, which did a reverse merger with a company called Calibrus in July of last year, is publicly traded on the OTCQB market under the moniker GRWC. Unlike many publicly traded companies within the cannabis industry, they do have assets and income already.
I had the opportunity to have an email exchange with their CEO Wayne Zallen, who told me that they are looking to expand into Arizona, Nevada, Colorado and across the nation where there are state-licensed marijuana growers. When I asked what he wanted those in the cannabis community to know about his business, he responded, “We are excited about our new project in the Pioneer Business Park in Eugene, Oregon, of approximately 42,000 square feet of warehouse condominiums. We can offer our customers a turn key operation or just supply them with the equipment that they need to build their own custom operation.”
While I don’t see “Big Marijuana,” like Marlboro or Budweiser, I do see the cannabis industry following in the footsteps of microbreweries and local wineries, microgroweries if you will. If you are in the cannabis industry, or thinking of joining, keep the perspective that you have to put in hard work to survive while we knock down prohibitionary barriers across the country and you can succeed. Of course, networking with successful companies and entrepreneurs at events like the Oregon Medical Marijuana Business Conference doesn’t hurt.
Grow Condos, Inc. Will Be Exhibiting at the Oregon Medical Marijuana Business Conference (OMMBC) 2015
EAGLE POINT, OR / ACCESSWIRE / March 12, 2015 / Grow Condos, Inc. (GRWC) developer of warehouse condominiums for the legal medical and recreational cannabis industry announces it will be an exhibitor at the Oregon Medical Marijuana Business Conference (OMMBC) on March 15 & 16 at booth # 1 at the Hilton Conference Center in Eugene, Oregon. Exhibit hours begin at 8:30am each day.
Wayne Zallen, President and CEO of Grow Condos, Inc. says, “We are very excited to attend and be an exhibitor at this year’s OMMBC conference. Being an Oregon based company we know Eugene and its surrounding areas will offer many opportunities for cannabis growers. We believe Grow Condos is well positioned to capitalize on the emerging cannabis industry by providing turn-key real estate growing facilities to licensed growers in Oregon and nationwide.”
Grow Condos, Inc. announced on February 11, 2015 that it has entered into a Purchase and Sale Agreement on 2.67 acres in the Pioneer Industrial Park, in Eugene Oregon. On this property Grow Condos, Inc. is currently planning to build an approximately 42,000 square foot warehouse condominium project, including four buildings, some of which may be bought by a single user. Grow Condos, Inc. owns and operates a 15,000 square foot facility in Southern Oregon that is fully occupied.
About Grow Condos, Inc.
Grow Condos, Inc. (GRWC)is a real estate purchaser, developer and manager of specific use industrial properties providing “Condo” style turn-key grow facilities to support cannabis production.The Company owns, leases, sells and manages multi-tenant properties so as to reduce the risk of ownership and reduce costs to the tenants and owners.The Company is not involved in the growing, distribution or sale of cannabis.
Forward looking statements in this release are made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and pursuant to the Bespeaks Caution Doctrine.Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company’s products, increased levels of competition for the company, new products and technological changes, the company’s dependence on third-party suppliers, the changing landscape of federal and state regulation of the cannabis industry and products related to that industry, and other risks detailed from time to time in the company’s periodic reports filed with the Securities and Exchange Commission.
Contact:
Joann Cleckner
Phone (541) 879-0504
Email: joannc@growcondos.comBe sure to check out the full press release on Yahoo Finance to see the artist sketch of their 42,000 square foot warehouse condominium project in Eugene.
Anthony Johnson
Anthony, a longtime cannabis law reform advocate, was Chief Petitioner and co-author of Measure 91, Oregon's cannabis legalization effort. He served as director of both the New Approach Oregon and Vote Yes on 91 PACs, the political action committees responsible for the state's legalization campaign. As director of New Approach Oregon, Anthony continues to work towards effectively implementing the cannabis legalization system while protecting small business owners and the rights of patients. He sits on the Oregon Marijuana Rules Advisory Committee and fights for sensible rules at the legislature as well as city councils and county commissions across the state. Anthony helps cannabis business comply with Oregon's laws and advises advocates across the country. He also serves as content director of both the International Cannabis Business Conference and the Oregon Marijuana Business Conference, helping share the vision of moving the cannabis industry forward in a way that maintains the focus on keeping people out of prison and protecting patients. He was a member of the Oregon Health Authority Rules Advisory Committee, assisting the drafting of the administrative rules governing Oregon’s state-licensed medical marijuana facilities. He first co-authored and helped pass successful marijuana law reform measures while a law student at the University of Missouri-Columbia School of Law. He passed the Oregon Bar in 2005 and practiced criminal defense for two years before transitioning to working full-time in the political advocacy realm. His blogs on Marijuana Politics are personal in nature and don't speak for or reflect the opinions of any group or organization.
