Business
GRN Holdings Corporation, Inc. (OTC: GRNF) Announces Name Change to Marijuana Inc., New Management and Business Model
GRN Holdings Corporation, Inc. (OTC: GRNF) Announces Name Change to Marijuana Inc., New Management and Business Model.
About this update from Marijuana Inc.
[{"type":"text","content":"\n ESTERO, Fla., Aug. 05, 2022 (GLOBE NEWSWIRE) -- GRN Holdings Corporation, Inc. (OTC Pink: GRNF) announces a change in management, its business model and a corporate restructuring. One of the first steps in support of the Company’s new direction will be to file amended articles with the Secretary of State of Delaware and a related FINRA corporate action to change the Company’s name to Marijuana Inc. In addition to changing the Company’s corporate name to Marijuana Inc., the Company announces the appointment of a new Chief Executive Officer, Donald Steinberg, who is focused on implementing a new business model based on Retail and Global Marijuana Distribution. Donald Steinberg, the Company’s director, commented, “In 2009 I saw the change taking place in the widespread acceptance of Marijuana in the US. I then founded Medical Marijuana Inc. (MJNA), which at the time was the first public company in the Marijuana Industry to have a primary listing on a U.S. stock market. We see now that countries worldwide are going through different stages of decriminalization including the beginnings of legal import and export.” Mr. Steinberg continued, “The name change to Marijuana, Inc. is fundamental to the Company’s shift from an acquisition company to a company focused on the legal global distribution of Marijuana. I look forward to participating in the enormous change taking place on a global scale regarding Marijuana.” Marijuana Inc. has two new divisions. The first is VivaBuds, which is established as a retail model starting in Los Angeles, the largest marijuana market in the world. This program uses a “Tell A Friend” marketing approach to break thru established and traditional supply lines by going direct from farm to consumer. The second is One World Legends, with a focus on Colombia and the preparations for export from there. Donald Steinberg stated, “Rocky Petrullo is a great partner with a deep background in this industry.” Rocky Petrullo, President of One World Legends “OWL” says, “Global Distribution of Marijuana is in the early stages and we are structuring the company to meet the demand. After completing several trips to Colombia which consisted of establishing partnerships with licensed farms and industry leaders, I affirmed that the...