GRN Holding Corporation has completed the merger with Marijuana Inc.
Following the completion of the merger, GRN Holding Corporation and Marijuana Inc. have merged into a consolidated entity. This union enables the newly formed company to leverage a comprehensive network, tap into emerging growth opportunities, and enhance their competitive advantage in the rapidly evolving cannabis landscape.
Donald Steinberg, CEO at GRN Holdings Corporation, says, "We are delighted to announce the successful completion of the merger between GRN Holding Corporation and Marijuana Inc. This strategic consolidation positions us as a frontrunner in the cannabis industry, enabling us to provide exceptional products, expand market reach, and drive sustainable growth. Together, we are committed to meeting the needs of consumers while upholding the highest standards of quality and service. The next step for GRN Holding Corporation is the name change to Marijuana Inc. and ticker change."
As a result of the merger, existing equity holders of Marijuana Inc. have exchanged their shares for equity in the consolidated public company. The combined entity is poised to capitalize on the synergies between the two organizations, fostering operational efficiencies and unlocking new avenues for value creation.
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