Grow Condos Inc (OTCMKTS:GRWC) Capitalizing On Green Rush 2.0

Grow Condos Inc (OTCMKTS:GRWC) has quickly become one of the most exciting names on the OTC markets. In less than a month, shares have tripled as investors have gone in search of the next hot pot stock for their portfolios. Investors have quickly learned to avoid many of the old pot stocks that have decimated their shareholders with dilution on the back of toxic financings. The answer is in find clean deals like GRWC that are primed to grow from what we like to call Green Rush 2.0 at Insider Financial.GRWC is coming public just in time too. The marijuana industry is primed to benefit from the coming tide of legislative changes that will transform the industry. We think 2016 will be a great year for the marijuana industry. The reason being is that the marijuana industry has a lot of tailwinds heading into 2016. Roughly 14 states could legalize marijuana this year, either at the ballot box or through state legislatures. While it’s doubtful all those states will be successful, there’s a good chance at least a handful will legalize in 2016. No other single year has offered such incredible promise in terms of the sheer volume of states that could legalize, thanks to other pioneering marijuana markets and growing support for cannabis in general.The ArcView Group just reported that legal sales of cannabis grew to $5.4 billion in 2015, up from $4.6 billion in 2014. Demand is expected to remain strong this year and the research firm forecasts sales of $6.7 billion. Nonmedicinal adult use accounted for $998 million of the total sales in 2015, up from $351 million in 2014, according to the ArcView/New Frontier report summary.GRWC is positioned perfectly to take advantage of these trends. Grow Condos Inc is a real estate purchaser, developer & manager of specific use industrial properties providing "condo" style turn-key grow facilities to support the cannabis industry. The company owns, leases, sells and manages multi-tenant properties. GRWC has taken its business model from the first California Gold Rush. It is focused on the pick-and-shovel approach to participating in the exploding marijuana industry by financing the purchase and/or development of properties by offering investors private placement sponsorships, debt instruments, or limited partnerships. Grow Condos currently owns and manages a 15,000 square foot warehouse in Eagle Point, Oregon and is developing a property in Eugene, Oregon.The latest news from the company is that it closed on the purchase of the land to support an additional 35 units under management in Eugene, Oregon. Plans call for the Eugene project to be developed and sold into industrial condominiums for approximately $150,000 per each unit for the basic shell. GRWC can also boost its revenues by customizing each unit and offering advisory and consulting services.Besides being a pick-and-shovel company, Grow Condos' business model is highly scalable. As the marijuana industry grows, there's strong demand for proven operators that can provide turnkey grow facilities. By perfecting its model in Oregon, GRWC can roll out facilities beyond Oregon and into Colorado, Washington, California and Nevada. To accomplish this, a company needs funding and here Grow Condos is covered.Last month, GRWC announced an investment agreement with Tangiers Global LLC for up to $5 million dollar fixed funding commitment. This funding will allow Grow Condos to acquire more land, build more facilities, boost its marketing dollars, and bring on more staff to make all of this happen. By doing so, GRWC is banking on the marijuana industry's future with land and real estate. In effect, Grow Condos is positioning itself to be one of the first cannabis investment trusts and become a major player in the real estate markets of wherever marijuana has been legalized.Currently trading with a market cap of $52 million, GRWC has quickly become one of the top performing pot stocks in 2016. With the company's dominant position in Oregon and a business model that it will roll out into Colorado, Washington, California and Nevada, GRWC looks set to continue its bull run higher. We will be updating Insider Financial as soon as we know more. For continuing coverage on GRWC, sign up for our free newsletter today and get our next hot stock pick!Disclosure: We have no position in GRWC and have been compensated $100 for this article by a third party.