GRN Holding Corp (GRNF)

[DWillie]

First of all, we can use the term BANK with PBC as an expedient way to keep it easy for people to follow. We all know this is not your typical retail bank and they aren't registered as such. They don't deal with the public and their deposits are not insured. They offer money management services to high risk companies that MIGHT incur additional federal or local governmental scrutiny. Can we agree with that?

What I'm trying to get across is deposits with PBC are owned by PBC. There is no paper trail of CANN money that matters, other than deposit date and withdrawal date. What happens to the funds in-between that time is relating to PBC assets, and is none of CANN's business. What does it matter to CANN what account their withdrawal was paid from? Maybe it looks unusual, or maybe not. I'm no expert on this type of business and I doubt anyone here is either.

If the govt told PBC they're investigating CANN, then that's it. End of story. CANN can whine all they want, but PBC is just following the law.