CGrowth
Capital Provides Business Update
and Strategic Planning
BREMERTON, WA -- August 18, 2021 -- InvestorsHub
NewsWire -- CGrowth Capital, Inc. (OTC Pink:
CGRA) (the "Company"), an alternative asset management and
emerging growth markets company, is pleased to update the market on
current events and strategic planning.
The Company continues to stay focused on expansion
plans of its Washington state cannabis facility, securing necessary
growth funding, and making progress on its' NutriLife CBD business
launch. Towards that end, the Company included in its business
development plans the inclusion of strategic partners and the
production of Delta-8 products. Delta-8 is a naturally occurring
cannabinoid and derived from hemp, but unlike Delta-9 (THC), it is
legalized in the 2018 Farm Bill and it is not prohibited under
federal law.
In addition to pressing forward on cannabis and
hemp initiatives, the Company, as part of a strategy to streamline,
will be working to divest certain balance sheet neutral assets that
have limited our ability to complete audits and position ourselves
for uplisting to a fully reporting company. With that in
mind, certain non-performing foreign and domestic assets will be
divested to reduce our overall debt load and exposure to market
fluctuation. The moves will pave the way for efficient
auditing and reporting. Further details will be provided as
final decisions and arrangements have been made.
About CGrowth Capital,
Inc.:
CGrowth Capital, Inc. The Company continues to
serve as an alternative asset management company for businesses and
assets focused on all aspects of mining, minerals, exploration,
commercial real estate, and emerging markets. The processing of
metal ore mining and oil and gas production are
multi-billion-dollar market opportunities which is capitalized on
through processing, sales, contracting and licensing of assets.
CGrowth Capital's services and solutions are designed to assist
landowners with monetizing undervalued assets by bringing
commodities such as gold, silver, and oil and gas to market.
CGrowth Capital will focus on acquiring land assets, while also
providing partners and affiliates with management services,
capital, contract management and logistical services necessary for
the successful execution of operations. Through wholly owned
subsidiaries, the Company has begun to strategically leverage real
estate assets for maximum value within newly developing industries
currently underway in Washington State and across the United
States, including that in the cannabis and hemp
markets.
For more information and updates about CGrowth
Capital, visit their website or follow us on Twitter:
http://www.CGrowthCapital.com
https://twitter.com/CGRAOTC
Investor Inquiries:
CGrowth Capital, Inc.
info@CGrowthCapital.com
Safe Harbor
Statements about the Company's future expectations
and all other statements in this press release other than
historical facts, are "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, Section 21E
of the Securities Exchange Act of 1934, and as that term is defined
in the Private Securities Litigation Reform Act of 1995. The
Company intends that such forward-looking statements be subject to
the safe harbors created thereby. The above information contains
information relating to the Company that is based on the beliefs of
the Company and/or its management as well as assumptions made by
and information currently available to the Company or its
management. When used in this document, the words "anticipate,"
"estimate," "expect," "intend," "plans," "projects," and similar
expressions, as they relate to the Company or its management, are
intended to identify forward-looking statements. Such statements
reflect the current view of the Company regarding future events and
are subject to certain risks, uncertainties and assumptions,
including the risks and uncertainties noted. Should one or more of
these risks or uncertainties materialize, or should underlying
assumptions prove to be incorrect, actual results may vary
materially from those described herein as anticipated, believed,
estimated, expected, intended or projected. In each instance,
forward-looking information should be considered in light of the
accompanying meaningful cautionary statements herein. Factors that
could cause results to differ include, but are not limited to,
successful performance of internal plans, the impact of competitive
services and pricing and general economic risks and uncertainties.
The Company disclaims any obligation to update or revise any
forward-looking statements.