ESTERO, Fla., May 23, 2023 (GLOBE NEWSWIRE) — via InvestorWire —  GRN Holding Corporation (OTC Pink: GRNF) announces the successful completion of its merger with Marijuana Inc., solidifying their position as a dominant player in the cannabis industry. This milestone achievement marks a significant step forward in their shared vision of delivering high-quality cannabis products and driving innovation in the market.

Following the completion of the merger, GRN Holding Corporation and Marijuana Inc. have merged into a consolidated entity, combining their respective strengths, expertise, and resources. 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.

GRN Holding Corporation and Marijuana Inc. are dedicated to ensuring the highest level of compliance with applicable laws and regulations governing the cannabis industry. With a focus on responsible and sustainable practices, they aim to set new standards in product quality, safety, and transparency.

The completion of this merger marks a significant milestone in the journey of both companies, strengthening their position as a leading force in the cannabis industry. Together, they are well-positioned to innovate, expand market presence, and deliver exceptional value to their customers and shareholders.

About GRN Holding Corporation (GRNF)

GRN Holding Corporation is a publicly quoted company focused on the global distribution and sale of marijuana in jurisdictions where it is legal. The company collaborates with marijuana farmers to distribute high-grade, affordable marijuana to legal consumers, wholesalers, and retailers. With a team of seasoned professionals experienced in the publicly traded marijuana space, GRN Holding Corporation is committed to driving industry innovation and growth.

About Marijuana Inc.    www.marijuanainc.com

Marijuana Inc. was founded by Cannabis pioneers and is dedicated to providing high-quality cannabis products at competitive prices. The company focuses on controlling the quality of seeds, growing practices, distribution, and delivery to consumers. Through their branded and curated heirloom collections, Marijuana Inc. aims to offer unique strains that stand out in the market, ensuring quality, variety, and fair pricing.  The two divisions at Marijuana Inc. are:

About One World Legends (OWL)  www.oneworldlegends.com

This is the global distribution division of Marijuana Inc. Thru their licensed grow and export partners they bring a Marijuana World Tour to their customers offering genetics from Southeast Asia, the Middle East, Africa, Jamaica, Mexico, Colombia, Hawaii, Panama, and the United States. Since they grow their cannabis genetics in a laboratory with tissue culture, they can fulfill orders for identical THC product’s weekly, monthly, yearly, and for decades with the same genetic characteristics. Because the genetics are also landrace strains, the tissue culture process also serves as protection for their genetic collection. They are currently growing tissue culture in Colombia of 25 strains as part of their global launch. One World Legends has more than a dozen Letters of Intent agreements from Colombian cannabis farms to distribute their THC flower and products worldwide. The Letters of Intent (LOI) are representative of OWL’s commitment to arrange large volume cannabis export, and for the Licensed farms to inform the government of the intended quota in order to legally grow and export from Colombia.

About Viva Buds  www.vivabuds.com 

Viva Buds is the retail marketing division of Marijuana Inc, focused on a launch in Los Angeles, the largest marijuana market in the world. This program uses the “Tell A Friend” marketing approach to break through established and traditional supply lines by going direct from farm to consumer. Their first objective was to partner with fully compliant retail delivery and distribution license holders in California to provide Viva Buds to the retail market. Viva Buds has completed the affiliate marketing software and is set to start marketing within 2 weeks.  This program will allow for income to be earned through referrals, allowing a business opportunity for anyone to be involved in the Marijuana Industry.

Past press releases can be seen at:

GRN Holding Corporation Continues To Execute Business Plan With Acquisition Of California Corporation With Multiple Cannabis Licenses | GRNF – GRN Holding Corporation | News | OTC Markets

GRN Holdings Corporation Signs Letter of Intent for Corporate Restructuring | GRNF – GRN Holding Corporation | News | OTC Markets

GRN Holdings Corporation, Inc. (OTC: GRNF) Announces Name Change to Marijuana Inc., New Management and Business Model | GRNF – GRN Holding Corporation | News | OTC Markets

Safe Harbor Statement
This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.

Corporate Contact:
GRN Holding Corporation
Physical Address:
23150 Fashion Drive
STE 231
Estero, FL 33928
USA
877-339-1155
info@marijuanainc.com
www.marijuanainc.com

Wire Service Contact
InvestorWire (IW)
Los Angeles, California
www.InvestorWire.com
212.418.1217 Office
Editor@InvestorWire.com

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

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 cannabis industry in Colombia is ready to grow high quality, large volume, cannabis flower. I have also traveled to Spain and Amsterdam to get a healthy understanding of the European market where we are aiming for importation from Colombia.

OWL believes some of the legendary herb strains that are known to enhance health of the mind, body, and spirit are “Colombian” landrace strains, which includes legendary strains such as Colombian Gold, Colombian Punta Rojo, and Mango Biche. OWL will distribute the Colombian strains, as well as landrace strains such as Durban Poison, and Afghan Kush from Colombia to legal customers. The term “landrace” is used in reference to the limited number of surviving cannabis strains which evolved naturally in the geographic region in which they were discovered by human beings in the 20th century. Landrace strains represent the original cannabis strains and are therefore the origins of all modern cannabis strains across the world.

“I have worked hard to find the landrace strains from different parts of the world and have secured seeds for grows in Colombia. I am passionate about the quality of Colombian grow coupled with the seeds of old. This is our niche and I believe it will be invaluable to the preservation of cannabis history and enjoyment of the plant,” Stated Rocky Petrullo.

New Corporate and Operations Website

We are excited to announce that we have launched a new website www.marijuanainc.com , as part of the overall refocus of the Company. We encourage our customers and shareholders to visit the website regularly for updates and helpful information on our company and products. This is a beta version of the website that will be updated further in the coming weeks. We also encourage people to visit our retail website at www.vivabuds.com.

Corporate Actions & Other Changes

The Company’s operations are heading in a new direction. The name and symbol change will help to better align the Company with its new business model. The Company has recently filed a 20:1 reverse split with FINRA. This corporate action has not yet been approved but the Company expects it to be effective soon. The reserve split may help make our Company more attractive to institutional investors, ensure the Company maintains the criteria for an uplisting to OTCQB, as well as make the stock more attractive for mergers and acquisitions.

With the appointment of Donald Steinberg as CEO and Director, the Company’s former CEO, has resigned from the Company’s board of directors, leaving Donald Steinberg as the Company’s sole director.

About Donald Steinberg

Don has decades of involvement in the Marijuana Industry, going back to the 70’s when he was noted as the largest importer of Marijuana into the U.S. While in Marijuana “college” he studied stock options and wrote option volatility programs that he implemented on all of the option exchanges in the U.S.

After that and seeing the large use of phone cards in Europe, he founded GlobalCom2000 which became a premier phone card company in the U.S. namely with the 7-11 card, the 1^st card in the U.S. with a corporate logo and distribution in hundreds of 7-11 stores. He then went on to create One World Communications, which became the largest telecom affiliate marketing company in the world with 187 offices and training centers in over 30 countries and 200,000 affiliates. After One World Communications, he created Club Vivanet to provide financial services. In 2009, he formed Medical Marijuana Inc. (OTC: MJNA), which was the 1^st company to be on a U.S. stock market. After building the market cap of Medical Marijuana Inc. to a market cap of nearly $ 100 million, he retired to Florida. In 2015, he formed Marijuana Company of America (OTC: MCOA) and resigned in 2019. In that year, he formed Marijuana Strategic Ventures (OTC: MSVI) to assist companies in the “going public process”. He recently changed the name of that company to Mushrooms Inc. www.mushroomsinc.com to participate in the Mushrooms industry.

About GRN Holdings Corporation (GRNF)

GRN Holding Corporation is a publicly quoted shell 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 Marijuana to legal consumers, wholesalers and retailers. With their “Tell A Friend” model, GRN Holding is setting up for Farmer to Consumer distribution in states where legal to do so. GRN Holding is led by people who put the first publicly traded marijuana company on the US stock market Medical Marijuana Inc. The team includes noteworthy cannabis pioneers and successful leaders in the public cannabis market.

For more information, email [email protected]

Safe Harbor Statement

This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.

Corporate Contact:

Marijuana, Inc.
Physical Address:
23150 Fashion Drive
STE 231
Estero, FL 33928
USA

Mailing Address:
21301 S Tamiami Tri,
STE 320. PMB 177
Estero, FL 33928
USA

Phone: +1 877-339-1155

Email: [email protected]

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.