CERTIFICATIONS
I, Timothy E. Taggart, certify that:
1. I have reviewed this report on Form N-CSRS of American Growth Fund, Inc., Series One and
American Growth Cannabis Fund;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact
or omit to state a material fact necessary to make the statements made, in light of the circumstances
under which such statements were made, not misleading with respect to the period covered by this
report;
3. Based on my knowledge, the financial statements, and other financial information included in
this report, fairly present in all material respects the financial condition, results of operations, changes in
net assets, and cash flows (if the financial statements are required to include a statement of cash flows)
of the registrant as of, and for, the periods presented in this report;
4. The registrants other certifying officer(s) and I are responsible for establishing and
maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment
Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under
the Investment Company Act of 1940) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such disclosure controls and
procedures to be designed under our supervision, to ensure that material information relating to the
registrant, including its consolidated subsidiaries, is made known to us by others within those entities,
particularly during the period in which this report is being prepared;
(b) Designed such internal control over financial reporting, or caused such internal control over
financial reporting to be designed under our supervision, to provide reasonable assurance regarding the
reliability of financial reporting and the preparation of financial statements for external purposes in
accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the registrants disclosure controls and procedures and
presented in this report our conclusions about the effectiveness of the disclosure controls and
procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation;
and
(d) Disclosed in this report any change in the registrants internal control over financial reporting
that occurred during the second fiscal quarter of the period covered by this report that has materially
affected, or is reasonably likely to materially affect, the registrants internal control over financial
reporting; and
________________________________________________________________________________________________________________ 1636 Logan Street, Denver, CO 80203w 800.525.2406w 303.626.0600w Fax:303.626.0614
5. The registrants other certifying officer(s) and I have disclosed to the registrants auditors and
the audit committee of the registrants board of directors (or persons performing the equivalent
functions):
(a) All significant deficiencies and material weaknesses in the design or operation of internal
control over financial reporting which are reasonably likely to adversely affect the registrants ability to
record, process, summarize, and report financial information; and
(b) Any fraud, whether or not material, that involves management or other employees who
have a significant role in the registrants internal control over financial reporting.
Date: 11/13/2020
/s/ Timothy E. Taggart
Timothy E Taggart
Principal Executive Officer of American Growth Fund, Inc.
Principal Financial Officer of American Growth Fund, Inc.
________________________________________________________________________________________________________________ 1636 Logan Street, Denver, CO 80203w 800.525.2406w 303.626.0600w Fax:303.626.0614
