March 14, 2015

Grow Condos, Other Cannabis Companies Gather At The OMMBC

March 14, 2015
oregon medical marijuana business conference ommbc

oregon medical marijuana business conference ommbcThe Oregon Medical Marijuana Business Conference (OMMBC) informally gets kicked off tonight as speakers and those that purchased tickets for tonight’s reception with Harborside’s Steve DeAngelo mingle, but also throughout Eugene, attendees and exhibitors will start networking at the Eugene Hilton and other hotels, restaurants and bars throughout the college town. While all of us that help organize the OMMBC are proud of the speakers and program, networking with others in the cannabis industry is as valuable as any information gained. I have long been intrigued by the remarkable resourcefulness and creativity of the cannabis industry and community at large. If there is a better way to serve the cannabis consumer, process, grow, breed, track or smoke marijuana, the cannabis community will eventually think of it.

Grow Condos, a publicly traded company, has certainly found a niche by providing turn key grow operations for those that may not have the space, equipment or know-how to cultivate cannabis on their own. I am not a believer of any shortcuts to wealth in the marijuana industry (or really any industry), but as I explained in a blog over at Marijuana Politics, that I do believe that the American Dream may be achieved through the cannabis industry, but it’ll take a lot of work and perseverance:

The burgeoning cannabis industry is not a get rich quick scheme by any means, no matter what anyone tries to tell you. However, companies like Grow Condos and many others, demonstrate the ability to find a niche within the industry to survive and even thrive. There are many complications due to prohibition, but those complications are easing day by day, month by month, year by year and we are relatively close to smashing down all of the barriers to business. While these barriers can be frustrating to any business, the reward for those that provide a good product or service and market their business will have the ability to reap the rewards in the near future.

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 issued a press release about exhibiting at the OMMBC:

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.


Joann Cleckner
Phone (541) 879-0504

Be 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.


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