Attended 2nd Annual Cannabis World Congress and Business Expo Expects to Announce Partnerships Over Next Few Weeks
IRVINE, CA / ACCESSWIRE / September 28, 2015 / Cabinet Grow Inc., (The "Company") (OTCQB: CBNT), a developer and marketer of cabinet-based horticultural systems, today announced the formation of a wholly-owned subsidairy and launch of Syrum. This new business segment will target branding and marketing campaign opportunities in cannabis.
Syrum was formed to provide pure and simple branding and marketing campaigns based on tested and proven methods carried out by a team of experienced professionals. The Company made the strategic decision to take advantage of its expertise and market opportunity through partnerships with publishers and advertisers, to capture data and monetize its market integration. Cabinet Grow is taking an operating expense and transitioning it to a business segment that they believe will be profitable in the next six months.
On September 16-18, 2015, the Company attended The 2nd Annual Cannabis World Congress and Business Expo at the Los Angeles Convention Center. The Company and its' wholly owned subsidiary, Syrum, Inc., in conjunction with Cannabis Financial Network, interviewed over 20 cannabis related entities during the conference. Sam May, chief executive officer and co-founder of the Company, stated, "This was a great next step in monetizing the market opportunity created through this media branch to align strategic partnerships with publishers and advertisers. Earlier this month, we completed our initial video for an International LED Company and we look forward to growing our relationship with them. Lastly, during the fourth quarter of 2015 we plan to launch a “Backyard Roots Tour” to bring awareness to the Company and brand via Syrum and soon-to-be-announced partnerships."
About Cabinet Grow, Inc.:
Based in Irvine, Calif., the Company makes cabinet-based horticultural systems. The technology driven self-contained design and construction of the hydroponic and soil-based grow cabinets makes the process of home growing automated and simplified. We are committed to pioneering consumer centric market education while delivering an unprecedented home cultivation user experience at a better value within the current market. Cabinet Grow, Inc. strives to be thought leaders and influencers to the horticulture industry through developing technology, producing reliable content and aggregating standardized data to improve all cultivation.
For more information, check out: http://www.cabinetgrow.com.
Forward-Looking Statements:
Forward-Looking Statements. This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words "believe," "anticipate," "estimate," "expect," "intend," "plan," "project," "prospects," "outlook," and similar words or expressions, or future or conditional verbs such as "will," "should," "would," "may," and "could" are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company's forward-looking statements, please see the Company's Form 10-K filed on March 31, 2015, including but not limited to the discussion under "Risk Factors" therein, which the Company has filed with the SEC and which may be viewed at http://www.sec.gov.
Corporate Contact:
Lisa Rowe
lisa@cabinetgrow.com
888-544-9376
Investor Contact:
Brett Maas
Hayden IR
brett@haydenir.com
646-536-7331
SOURCE: Cabinet Grow Inc.
