IRVINE, Calif., Jan. 19, 2015 /PRNewswire/ -- Cabinet Grow, Inc. (Cabinet Grow) today announced that its registration statement on Form S-1 with the Securities and Exchange Commission for the sale of 5,000,000 shares of common stock at $0.40 per share was deemed effective December 22, 2014. Cabinet Grow designs, manufacturers, and sells self-contained, automated cabinet-based horticultural systems. The effective registration statement relating to these securities can be found here. The prospectus and other documents that Cabinet Grow has filed with the SEC should be read before making an investment in our securities.
Cabinet Grow's products are designed to simplify home growing for novice growers as well as experienced gardeners. The product line includes: MediCab Micro, Yielder Max, and Earth Cab Pro. Cabinet Grow has received the STASH award issued by High Times Magazine for two consecutive years; in 2013, the Earth Cab Pro was recognized as the best soil grow box, and in 2014 the Yielder Max was selected as the best grow box under $2,000.
"We are very proud of what our team has accomplished in such a short period of time," states Sam May, chief executive officer, Cabinet Grow. "The proceeds from a public offering will allow us to deploy our growth strategy and continue to develop and deliver an exceptional customer experience with next generation products and services."
ABOUT CABINET GROW
Cabinet Grow, based in Irvine, California, makes cabinet-based horticultural systems. The design and production of the Company's hydroponic and soil grow cabinets makes the process of small scale home growing in a self-contained cabinet automated and simplified. Our mission is to make hydroponic and soil growing simpler, more efficient and a better value than other products found on the market. For additional information please visit us at www.cabinetgrow.com.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
SOURCE Cabinet Grow, Inc.