CannaGrow Holdings Announces Update on The Colorado Buffalo Ranch Filing No. 5-Lot 61 Development

CENTENNIAL, CO--(Marketwired - Mar 17, 2015) - CannaGrow Holdings, Inc., (OTC PINK: CGRW), a Liaison and Consultant providing Turn-Key solutions to licensed Growers announces an update on the Colorado project.

Mr. Janovec, CannaGrow Holdings, CEO, comments, "Late in the day on Thursday, February 19, 2015 an application response was received from the Fire Captain of the Huerfano County Fire District with new recommendations. The recommendations were as follows:

1. Installation of a sprinkler systems inside of the Head-house and Greenhouse facilities,
2. Installation of a Dry Hydrant System with separate 10,000 storage tank,
3. Installation of a Fire Suppression System with smoke exhaust in Greenhouse,
4. Address road conditions along Bennett Roadway, specifically the three (3) low-water crossings.

Due to the last minute nature of the recommendations, NuGro requested that their Land Use Application, (LUA) No. 15-001, be removed from the Public Hearing and Joint County Commissioners-Planning Commission meeting agenda scheduled for February 25, 2015. Once again, NuGro demonstrated their complete dedication to the project and in a timely manner instructed StackLot LLC to contract the services for the civil engineering firm of Manhard Consulting Ltd, http://www.manhard.com/, to provide preliminary designs for a Texas low-water crossing along Bennett Roadway for the three (3) low-water crossings. NuGro Industries is working with Olympia Steel Buildings and Nexus Greenhouse Systems, the manufacturers of each facility, to address the fire sprinkler systems within each of the buildings. Stack Lot LLC, http://www.stacklot.com/ was notified and instructed to add the Dry Hydrant System and the additional water storage tanks to the site plans. The fire suppression exhaust systems were already incorporated into the original proposal and purchase order from Nexus Greenhouse Systems. We believe the issues will be resolved with the filing of an amended Land Use Application No. 15-001 with the anticipation of being on the Planning Commissions next scheduled meeting in late March."

Mr. Janovec went on to say, "We are forging new ground in this new and exciting industry and hurdles like these are to be expected. Our entire team is 100% committed to becoming the first large scale commercial grow operation in Huerfano County Colorado."

NuGro Industries recently entered into a contract with Terracon Consultants, Inc.'s Colorado Springs office, http://www.terracon.com/offices/colorado-springs/, to provide geotechnical engineering services for the testing of soils conditions in the areas of the roadways entering off Bennett Roadway, under the Head-house, Greenhouse, and Hoop-house areas so the shop-drawing submittals for the foundations can be completed by the structural engineers. These shop drawings will be submitted to Huerfano County Planning & Codes department. Based upon a final approval of the LUA, Huerfano County would issue a Conditional Use Permit (CUP) and Building Permits, allowing NuGro Industries to proceed with construction of Phase I & II of the Colorado Buffalo Ranch Filing No. 5-Lot 61.