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GRN Holding Corporation Continues To Execute Business Plan With Acquisition Of California Corporation With Multiple Cannabis Licenses
GRN Holding Corporation Continues To Execute Business Plan With Acquisition Of California Corporation With Multiple Cannabis Licenses.
About this update from Marijuana Inc.
[{"type":"text","content":"\n ESTERO, Fla., April 20, 2023 (GLOBE NEWSWIRE) -- GRN Holding Corporation, Inc. (OTC Pink: GRNF) is pleased to announce that they have completed the purchase of Mendocino Green Inc, which includes a cultivation license, nursery license and distribution license from one of the oldest cannabis license holders in California. With the consummation of this acquisition, the Company filed a supplemental report with OTC Markets to remove the shell status symbol from the OTC Markets webpage. The removal of this designation will take the Company one step closer to its previously announced plans for Corporate Restructuring. Click here to learn more: GRN Holding Corporation Signs Letter of Intent for Corporate Restructuring and GRN Holding Corporation Announces Name Change to Marijuana Inc. Donald Steinberg, the Company’s CEO, commented “This acquisition of Mendocino Green Inc, which includes cultivation, nursery, and distribution license for California, allows us to expand our footprint in the Cannabis market. This purchase directly impacts the success of the VivaBuds launch in Los Angeles.” (a)Cultivation License (County License # AG 2017_0013 and State License # CCL18-0002341); (b)Nursery License (County License # AG 2017_0014 and State License # CCL20-0000886); (c)Distribution License (State License # C11-0000553-LIC) With the nursery, GRN Holding can support the development of the 17 Landrace strains which their consultants at One World Legends are currently growing in Colombia. This will allow them to supply cannabis cultivators with Landrace tissue cultures that are sometimes very hard to obtain. Frank Van Vranken of Mendocino Greens Inc. said, “The opportunity to be part of GRN Holding Corporation opens pathways for growth we did not have before. The distribution channels available through GRNF, tied in with our ability to source good quality, low priced Cannabis from the scores of Cannabis farmers we currently work with, will have a great impact on the distribution part of this agreement.” About GRN Holding Corporation (GRNF) GRN Holding Corporation is a publicly quoted company that is involved in the global distribution and sale of Marijuana in states and countries where legal to do so. The Company has set into motion collaborations with Marijuana farmers to distribute high grade, low-cost Mari...