Two Rivers Water & Farming Company announced that on May 25, 2016, John R. McKowen resigned as Chief Executive Officer, effective immediately. On May 26, 2016, Mr. McKowen resigned from all of his other positions with company and subsidiaries, including from Board of Directors. At the time of his resignation, Mr. McKowen was Chairman of the Board and was not a member of any Board committee.

Mr. McKowen resigned due to a potential conflict of interest. This conflict might arise from Mr. McKowen's ownership in an entity that is applying for cultivation cannabis licensing within the State of Colorado.