GRN Holding Corporation (OTCMKTS:GRNF) Stock Gains Momentum: Here is Why

GRN Holding Corporation (OTCMKTS:GRNF) on May 23, 2023, announced the successful completion of the merger with Marijuana Inc, strengthening its position as a major player in the cannabis industry. The achievement is a major step forward in its shared vision of delivering quality cannabis products and ensuring innovation in the market.

GRN Holding Corporation Successfully Completes Merger with Marijuana Inc., Creating a Leading Force in the Cannabis Industry

Marijuana Inc and GRN Holding Corporation have merged into a joint entity, combining expertise, strengths, and resources. The union enables the newly formed entity to harness the comprehensive network, utilize emerging growth opportunities, and augment competitive advantage in the quickly evolving cannabis landscape.

Donald Steinberg CEO at GRN Holdings Corporation said that the company is pleased to announce the completion of the merger and that it will position the entity as a frontrunner in the cannabis industry. Steinberg added that it will enable the company to give exceptional products and drive sustainable growth. The CEO further said that the company is committed to meeting the needs of consumers and upholding high standards of service and quality.

Existing equity holders of Marijuana Inc have exchanged shares for equity in the joint entity. The entity will foster operational efficiencies and unlock new avenues for value creation.

The two companies are dedicated to ensuring compliance with the laws and regulations governing the cannabis industry. They aim to set new standards in quality, safety, and transparency. The merger marks a major milestone for both firms, making them well-positioned to innovate and deliver exceptional value to shareholders.