GRN Holding Corp (GRNF)

[5%PerDayCompounded]

Attention Applicant;

In submitting the following application and documentation, you are filing multiple applications with a single submission.

First of all, you are applying to CannaTrac® Technology, Inc. for acceptance onto the CannaCard®platform. In order to use the CannaCard® platform, you will be required to open and maintain an account with Pacific Banking Corp (PBC). This application and the documents you provide will be released by CannaTrac® to PBC to apply for a Capital Management or Commercial Bank Account.

CannaTrac is not your custodian. The account with PBC will be set up for your company and CannaTrac will not have access to this account at any time without your permission. CannaTrac and PBC are separate legal entities. The concept behind the sharing of information is to create a streamlined application process for the potential CannaCard client; one application equals quicker turn-times and the ability to pass on cost savings to the client through lower required minimums and start rates.

By filling out this application, you are aware that both CannaTrac and PBC charge application fees. A non-refundable fee of $495 will be charged by CannaTrac to process the initial paperwork, complete a due-diligence package, and set up your account on the platform. PBC charges a $2,500 application fee (to be paid directly to them, not through CannaTrac). This allows PBC to follow their own due-diligence process necessary to stay compliant with their “Know Your Customer” policy and Anti-money Laundering / Bank Secrecy Act guidelines.

Fees to use the CannaCard platform are very straightforward. Our retail clients pay 2.45% and $0.50 per transaction. If a client is using an online sales portal, website or e-commerce site, a fee of 2.95% and$0.50 will be charged per transaction. PBC will charge 2% per deposit and require an initial and ongoing minimum of $10,000. This will create an effective rate of 4.45%-4.95% plus $0.50 per transaction.

https://thecannacard.com/static/client/CannaCard_Long_App.pdf