CannaGrow Holdings Appoints Dr. John P. Janovec as New C.O.O. Effective August 1, 2015

CENTENNIAL, CO--(Marketwired - Jul 16, 2015) - CannaGrow Holdings, Inc. (OTC PINK: CGRW), a liaison and consultant providing turnkey solutions to licensed growers, today announced the appointment of Dr. John P. Janovec as the COO.

Delmar Janovec, CEO of CannaGrow Holdings, comments, "Dr. John P. Janovec was appointed as the Chief Operating Officer of Corporate Operations. Dr. Janovec will be in charge of managing the overall operations of the Colorado Buffalo Ranch Grow Facility, which is currently in the pre-construction permitting process. He has 15 years of professional experience in the Botanical and Agricultural-Horticultural Sciences, including over twelve years as the Principal Investigator and Director of highly successful scientific projects that have positively impacted corporate strategies of nonprofit organizations, public and private universities, and private companies in the United States and South America.

"Dr. Janovec earned his Doctorate in Botany from Texas A&M University and his B.S. in Agriculture from Kansas State University, with an emphasis on greenhouse and nursery production of plants. Upon finishing his Bachelor degree, Dr. Janovec was selected for a special research training fellowship at the Smithsonian Institution in Washington, DC. That fellowship experience and the subsequent initiation of his Ph.D. program opened the first doors to the rainforests of tropical America, where he has been leading research and exploration activities ever since. Upon completing his Ph.D. he carried out a Postdoctoral Fellowship with Dr. Scott Mori of the New York Botanical Garden, during which time he deepened his botanical knowledge and initiated the long-term research endeavors that have, to this day, kept him focused on the rich plant diversity of the American tropics.

"Dr. Janovec, originally from Kansas, the Midwest of the USA, served most recently as Research Professor in Environmental Sciences and Agriculture-Forestry with the Universidad Científica del Sur in Lima, Peru, a position that he held since 2012 before joining the CannaGrow Holdings management team. Prior to 2012, he worked for more than a decade as a Research Scientist and Environmental Consultant for several leading non-profit and inter-governmental agencies. In his capacity as a botanical scientist and professor he has dedicated a considerable amount of time to exploring the vast forest and swamp ecosystems of the Andes-Amazon region of Peru with focus on the discovery, documentation, and cultivation of wild native plants. One of his most noted projects over the last decade has focused on the domestication of a wild species of Vanilla orchid that is native to the Peruvian Amazon. The project has been funded over the last decade by governmental agencies in the US and Peru, as well as private foundations and donors. Currently he and collaborators are managing a new research grant funded in January 2015 by a Peruvian government agency to support a two-year project. That project is just one of many examples that demonstrate Dr. Janovec's vision for multi-disciplinary projects rooted in scientific research and development, a vision that will assure a solid theoretical-technical base to forthcoming Cannabis production activities based at the Buffalo Ranch Grow Facility."

Dr. John Janovec comments, "It is a privilege to join the leadership and management team of CannaGrow Holdings. We have come a long way in the planning and design of the Buffalo Ranch Grow Facility, utilizing the highly technical Nexus Greenhouse Systems to accommodate and enhance the growing of the Cannabis plant. I look forward to the unique opportunities that exist to integrate business and scientific base of perspective in the budding cannabis industry. I will be relocating to Colorado in August 2015, and will collaborate with Rod Clawson, V.P. in charge of Business Development for the Company, and recently appointed Cheryl Shuman, Business Development, Public Relations, Marketing and Media Strategist, to further the Company's expansion within the Cannabis industry."

"Working with a world class scientist like Dr. Janovec gives tremendous credibility for CannaGrow and the entire cannabis industry. We are excited to execute a plan for speaking engagements and media opportunities to educate the mainstream on the science behind the plant. We will be updating shareholders as we build out our media and marketing strategy," states Cheryl Shuman.

Delmar Janovec, CEO, further comments, "CannaGrow Holdings, Inc., the Liaison and Representative for NuGro Industries, will continue in that capacity, working with the various Contractors and State/County Agencies to see the Multi-Phased Buffalo Ranch Project through to an operational status. The completion of this Project will provide CannaGrow the basis to begin generating revenues from the licensed Growers sub-leasing the Turnkey Growing Facilities being built to the specifications of Dr. John P. Janovec and consultant, Mr. Jason D. Wells. CannaGrow has already received numerous inquiries from prospective tenants and we are also exploring additional business ventures in the area that could further enhance shareholder value."

About CannaGrow Holdings, Inc.:
CannaGrow Holdings, Inc. has entered the Medical/Recreational Cannabis Industry as a Lessor, Liaison, and Consultant to licensed Growers, providing them with turnkey Growing Facilities in the State of Colorado. The Company intends to expand this business model within this industry as business opportunities evolve whereby providing for the highest return to its shareholders.

CannaGrow Holdings, Inc. is currently working with a website designer to update its website to reflect the new business model that will be forthcoming in the very near future.

CannaGrow Holdings, Inc. does not and will not, until such time as Federal law allows, grow, harvest, distribute or sell marijuana or any substance that violate the laws of the United States of America.

CannaGrow Holdings, Inc. encourages the public to read the information in conjunction with its year-end statement for December 31, 2014, and the quarterly statements filed in calendar year 2015, at www.otcmarkets.com.

About Cheryl Shuman:

CEO & Founder Cheryl Shuman Inc.

CEO & Founder Beverly Hills Cannabis Club

Co-Founder & CMO, Heights Resorts

Executive Director of Moms for Marijuana, International

Media personality Cheryl Shuman is the founder and C.E.O. of Cheryl Shuman Inc. Established in 1984, Cheryl Shuman Inc. is the leading public relations, media, product branding, event production and business development firm focusing on merging mainstream with the cannabis industry. After years of following failed allopathic medicine treatments, she opted for medical cannabis in the form of raw juice and oils as an alternative. Her success using medical cannabis led her to found the Beverly Hills Cannabis Club (www.BHCClub.com). Today, Cheryl is the most visible and recognizable entrepreneur in the marijuana reform movement, recently receiving the 2013 Activist of the Year Award at Seattle Hempfest, and the 2014 Woman of Influence Award.

Cheryl has reached hundreds of millions of viewers worldwide, appearing on such mainstream shows as CNN's Piers Morgan Live, The Katie Couric Show, The View, ABC's 20/20, Good Morning America and Fox Business News, to name a few. She was recently featured on the cover of Adweek as Pot's First Marketer
(http://www.adweek.com/news/advertising-branding/who-will-become-starbucks-pot-159145 ), in Elle Magazine as The Most Potent Women in the Pot Industry (http://www.elle.com/culture/career-politics/g8427/leading-women-in-the-pot-industry/) and The Unexpected Rise of the Marijuana Mom (http://www.elle.com/culture/career-politics/a12993/rise-of-the-pot-power-women/), named The Cannabis Queen of Beverly Hills by The New York Times Sunday Magazine (http://www.nytimes.com/2015/01/11/magazine/the-cannabis-queen-of-beverly-hills.html), as well as gracing the cover of The London Times Magazine as The Cannabis Queen of Beverly Hills (http://www.thetimes.co.uk/tto/magazine/article4397255.ece).

Shuman also serves as a Senior Advisor to Jacob Securities Investment Banking firm in Toronto on a $50 million investment fund specifically for Cannabis investments. She recently launched a luxury cannabis conference series to focus on the affluent cannabis market and high-dollar investment vehicles for the rapidly growing space.

Cheryl Shuman is represented for TV, film, book and lecturing deals by the prestigious William Morris Endeavor Agency in Beverly Hills. For more information, please visit http://www.CherylShuman.com.

CONTACT:
Cheryl@CherylShuman.com
Direct: 310.779.4797
Social Networks:
LinkedIn: http://www.LinkedIn.com/in/CherylShuman
Facebook: http://www.FaceBook.com/CherylShumanInc
Twitter: http://www.Twitter.com/CherylShuman
YouTube: https://www.youtube.com/user/CherylShumanTheOnly
Vimeo: http://www.Vimeo.com/cherylshuman
Instagram: http://www.Instagram.com/CherylShuman

The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "may," "could," "possibly," "feel," "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its services, competition, limited service facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein.

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