GROW CONDOS, INC. (OTCMKTS:GRWC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

GROW CONDOS, INC. (OTCMKTS:GRWC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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Item 5.02

Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On March 1, 2017, Joann Z. Cleckner resigned as Chief Financial
Officer of Grow Condos, Inc.. (the “Company”), effective as of
that date. Ms. Cleckner will remain as the Secretary of the
Company. Ms. Cleckner’s resignation from the Company did not
result from any disagreement with the Company on any matter
related to the Company’s operations, policies, or practices.
On March 1, 2017, the board of directors appointed Charles B.
Mathews as Chief Financial Officer of the Company. Mr. Mathews
has over 30 years of executive financial management experience
with both public and private companies. Since 2000, Mr. Mathews
has been a sole practitioner as Charles B. Mathews, CPA, an
accounting and business consulting firm in Phoenix, Arizona. Mr.
Mathews is currently the Chief Financial Officer of Enssolutions
Group Inc. (TSXV: ENV.H), a Toronto exchange traded company
providing manufacturing and distribution of environmentally
responsible dust control emulsion products. From April 2015 to
April 2016, Mr. Mathews served as Chief Financial Officer for
mCig, Inc. and Vitacig, Inc., publicly traded companies in the
ecig and cannabis related sector. Mr. Mathews, a Certified Public
Accountant, earned his B.A. in Business Administration from
Alaska Pacific University and an M.B.A. from Arizona State
University.
Exhibit No.
Description
99.1
Press release dated March 6, 2017.


About GROW CONDOS, INC. (OTCMKTS:GRWC)

Grow Condos, Inc. is a real estate purchaser, developer and manager of specific use industrial properties. The Company, through its subsidiary, WCS Enterprises, LLC, is engaged in providing Condo style turnkey grow facilities to support cannabis growers in the United States cannabis industry. The Company owns, leases, sells and manages multi-tenant properties. The Company offers tenants the option to lease, lease to purchase or buy their condo warehouse space that is divided into comparable 1,500-2,500 square foot condominium units. It develops, leases, owns and provides investment sales opportunities for commercial industrial properties focused in the cannabis production arena. In addition to its Condo turnkey growing facilities, the Company intends to provide marijuana grow consulting services, and equipment and supplies as part of its turnkey offerings. The Company is exploring acquisition opportunities in Oregon, Colorado, Washington, California and Nevada.

GROW CONDOS, INC. (OTCMKTS:GRWC) Recent Trading Information

GROW CONDOS, INC. (OTCMKTS:GRWC) closed its last trading session up +0.01 at 1.05 with 22,130 shares trading hands.

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