Indoor Harvest Corp. Advances Asset Purchase Agreement for Electrum Partners

AUSTIN, March 22, 2023 (GLOBE NEWSWIRE) -- Indoor Harvest Corp. (OTCPK: INQD) announced additional acquisition information and vision relating to the March 1, 2023, 8K filing announcing the Asset Purchase Agreement (APA) for Electrum Partners. The progress will allow INQD’s CEO Leslie Bocksor and team to begin building on the many opportunities available in the global hemp industry.

“I have spent a lot of time in hemp related industries. On Election Night 2012, when Colorado and Washington passed adult use cannabis, we knew that massive change was coming. We positioned ourselves to be at the beginning of the hemp and cannabis industry and have been fortunate to be part of it in policy, capital, businesses and more. That expertise is now going to carry Indoor Harvest into the future,” said CEO Leslie Bocksor.

Bocksor joined INQD in 2013 as an advisor and became CEO in 2020. His first order of business was to help the Company in its plans to repair  outstanding issues to bring the Company current in certain areas. Over the last few years Bocskor and his team eliminated derivative liabilities, established corporate governance, and strengthened the Company’s capital structure.  This enabled a foundation to start acquisitions, first focus, Electrum Partners.

“We need to have Electrum and INQD aligned in a way that would allow progress in focusing our attention on taking some of the projects previously identified while at Electrum Partners to the public company (INQD) where those opportunities and efforts may  now benefit Indoor Harvest.

I have been both lucky and diligent to develop professional and personal relationships with a vast network of professionals, business people, operators, investors, experts, and celebrities where we can leverage and develop such projects.

After years of sifting through various opportunities we have identified which ones appear to be  the best fit for Indoor Harvest to move forward in a responsible and compliant manner to develop such projects. With our best efforts and many relationships, we firmly believe Indoor Harvest may  become a global leader in the hemp industry and able to make a positive difference in the world,” Bocksor added.

About Indoor Harvest: 

Indoor Harvest Corp. (OTCPK: INQD) is branded under the name Indoor Harvest® The Company incorporates development of proprietary technology, mergers, acquisitions, strategic partnerships, and joint ventures as part of a broad integration strategy. INQD cultivates partnerships within related industries, providing an opportunity to be part of a more significant play, sharing intellectual capital, technology, access to new capital markets, and liquidity for owners.

Forward Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, are subject to Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbors created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Future events and results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. Additional information is available in the Company filings at sec.gov.