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Tuesday, August 11, 2015

$CGRW Share Reduction brings Cannagrow back into the Spotlight!!!

CannaGrow Holdings





CannaGrow Holdings Files Notice of Corporation Action With Delaware Secretary of State to Reduce Authorized Shares of Company Common Stock


CENTENNIAL, CO--(Marketwired - Aug 11, 2015) - CannaGrow Holdings, Inc. (OTC PINK: CGRW) -- A Liaison and Consultant providing Turn-Key solutions to licensed Growers announces the Company files a corporate action with the Delaware Secretary of State whereby amending its articles of incorporation on Tuesday, August 11, 2015.
 
Delmar Janovec, CannaGrow CEO, comments, "The Company filed with the Delaware Secretary of State Division of Corporations on August 11, 2015 whereby the Company amended its Articles of Incorporation upon receiving written consent by more than 70% of the shareholders of the Company. The amendment will decrease authorized common stock of CannaGrow Holdings, Inc. from Five Hundred Million (500,000,000) shares to Three Hundred Million (300,000,000) shares with an effective date of September 22, 2015. Shareholders of record as of August 7, 2015 will be provided a Notice of the Corporate Action pursuant to Delaware State requirements.

We believe reducing the authorized common stock the Company is able to issue will enhance the shareholder value and build investor confidence. Over the last fourteen (14) months the company has reduced its authorized shares three (3) times. The Company has also reduced its issued & outstanding shares by twenty five million (25,000,000), bringing the total issued & outstanding to One Hundred Two Million Seventy-Three Thousand and Four Hundred Thirty-Four (102,073,434) shares. We strongly believe maintaining a non-dilutive share structure is fundamental to building and maintaining shareholder value. There have been no free trading shares issued by the company since June 30, 2014. The Company does not anticipate new issuances of free trading stock nor any conversations of convertible notes over the next twelve (12) months."

Outstanding Shares
102,073,434 a/o Mar 31, 2015
Float
25,762,901 a/o Mar 31, 2015










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Jul 30, 2015CannaGrow Holdings, Inc. Announces Required Bennett Road Improvements Completed and Approved by Huerfano CountyPress Release
Jul 16, 2015CannaGrow Holdings Appoints Dr. John P. Janovec as New C.O.O. Effective August 1, 2015Press Release
Jul 15, 2015CannaGrow Holdings Engages TV Personality Cheryl Shuman as Senior Public Relations, Marketing & Media StrategistPress Release
Jun 19, 2015CannaGrow Holdings Announces State Licensed General Contractor Retained to Oversee Construction on Colorado Buffalo Ranch Filing No. 5-Lot 61 ProjectPress Release
May 21, 2015CannaGrow Holdings Announces LUA Approval and Issuance of CUP for Colorado Buffalo Ranch Filing No. 5-Lot 61-ProjectPress Release
Apr 22, 2015CannaGrow Holdings Announces Update on the Colorado Buffalo Ranch Filing No. 5-Lot 61 ProjectPress Release
Apr 15, 2015CannaGrow Holdings Announces Update on the Colorado Buffalo Ranch Filing No. 5-Lot 61 DevelopmentPress Release
Mar 26, 2015CannaGrow Holdings Announces NuGro's Amended Land Use Application No. 15-001 Is Submitted to Huerfano County Planning DepartmentPress Release
Mar 17, 2015CannaGrow Holdings Announces Update on The Colorado Buffalo Ranch Filing No. 5-Lot 61 DevelopmentPress Release
Feb 23, 2015CannaGrow Holdings Will Attend Tribal Marijuana Conference at Tulalip Resort Casino in WashingtonPress Release
Feb 3, 2015CannaGrow Holdings Announces Update on the Colorado Buffalo Ranch Filing No. 5 ProjectPress Release
Jan 26, 2015CannaGrow Holdings Announces Requested Requirements to County Planning Commission Has Been SubmittedPress Release
Jan 12, 2015CannaGrow Holdings Analyst Report Issued by BrokerBank Securities: Price Increases as Initial Approval of Cannabis Greenhouse is GrantedPress Release