With a vision to bring Cannabis Friendly vacationing to life for nature lovers, tourists, and enthusiasts alike, the Company’s wholly owned subsidiary, “Smoke on the Water,” has recently mobilized to discover and acquire existing nature-rich properties to provide viable resources to visitors seeking to enjoy the benefit of relaxed marijuana laws in a recreational setting, the opportunity to enjoy Oregon on a whole new level.
“Securing the funding to move ‘Smoke-on-the-Water’ forward has been one of our most important milestones. Having the resources in place, we are enabled to conclude on recent due diligence process, and highly anticipate the launch of development on key projects,” stated Wayne Zallen, Chief Executive Officer.
Because it’s not yet permissible to recreationally smoke in National and State Parks, it has been discovered that relaxed marijuana laws are indeed a powerful motivator for tourists, which creates a very lucrative niche opportunity for smaller, privately owned properties that can offer the freedom of experiencing Oregon’s strikingly beautiful landscape while also allowing its visitors to enjoy Oregon’s 420 friendly privileges.
According to the Travel Oregon Strategic Plan for 2015-17, it states: “More people than ever are choosing to come to Oregon, and they are traveling farther than ever to get here. They are coming to enjoy the things we love: natural beauty, wilderness, adventure, amazing fresh food, wine, craft beer, world-class sports, and a vibrant arts and culture community. The result of all these visitors is a long list of powerful statistics and measures that show the profound economic power of tourism in Oregon.”
In a recent survey done in Colorado, the following statistics were discovered: “Potential summertime visitors who were exposed to the state’s tourism ads said the marijuana laws influenced vacation decisions almost 49 percent of the time,” The Denver Post reports. While the state’s tourism ad campaign does not mention marijuana, 22 percent of survey respondents said the drug was “extremely influential” in their decision to visit Colorado. In addition, 20 percent said it was “very much influential” and nearly 7 percent said it was “somewhat influential.”
About Smoke on the Water Inc: Smoke on the Water, Inc. is Grow Condo’s wholly owned subsidiary, designed to capitalize on the country’s growing level of recreational marijuana acceptance. The company plans to engage in a roll up strategy for this highly-fragmented industry and provide turn-key solutions for Marijuana-friendly campgrounds and resorts. The company has strategized to initially develop the property through acquisition, subsequently rebranding the existing RV business to represent the Smoke on The Water brand. Upon project launch, the Company plans to provide fully functional vacationing solutions to campground operators and owners seeking to fill the growing demand for stress free and acceptable vacationing for the pro-personal choice and marijuana smoking community. For more information, visit: www.smokeonthewater.club
About Grow Condos, Inc.: Grow Condos is a fully reporting publicly traded company listed under the symbol ( OTCQB : GRWC ). It is a real estate purchaser, developer & manager of specific use industrial properties providing “condo” style turn-key grow facilities to support the cannabis industry. We own, lease, sell and manage multi-tenant properties.
Like during the Gold Rush days in California, Grow Condos is focused on a pick-and-shovel approach to participating in the exploding marijuana industry. We finance the purchase and/or development of properties by offering to investors private placement sponsorships, debt instruments, or limited partnerships. We believe there is a significant investor demand for such opportunities. Currently we own and manage a 15,000-square foot warehouse in Eagle Point, Oregon, own and developing a property in Eugene Oregon and are currently looking into other acquisitions in Oregon, Colorado, Washington, California and Nevada with like-minded investors who want to share in the growth of this dynamic new industry.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
