Wednesday, March 17, 2021 9:40:41 PM
The Parent Company (NEO: GRAM.U, GRAM.WT.U) (OTCQX: GRAMF; OTC PINK: GRMWF)
Price target to gain 549%: $51 (from $9.30)
https://mjstocktrader.com/finding-the-next-jushi-549-12-month-return-part-5-the-parent-company/
and:
TPCO Holdings (NEO: GRAM)
The last company I wanted to mention here is formerly named Subversive Capital, now referred to as The Parent Co. TPCO is interesting in that they are the largest operator in the largest state: California. They have partnered with Jay Z doing a 50/50 JV with his cannabis company Monogram. TPCO is flushed with cash on their balance sheet following the redemption period for their SPAC. The consolidated California operation is expected to close out 2020 with $185M in revenue and the company states in their marketing materials, they expect combined pro forma revenues of $334 million in 2021.
We believe that the company has the nucleus plus cash to quickly build a first tier MSO through M&A. They have the right people, balance sheet, and fundraisers inside the company to quickly be considered amongst the top 3 operators in the US.
https://thedeepdive.ca/us-cannabis-the-current-landscape/?utm_source=newsletter&utm_medium=email&utm_campaign=the_deep_dive_weekly_update&utm_term=2021-03-13
Recent GRAM News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/20/2024 11:22:05 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/15/2024 01:00:20 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/09/2024 10:28:05 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/08/2024 01:00:17 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/09/2024 01:00:25 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/07/2023 10:28:56 PM
- Form 25 - Notification of the removal from listing and registration of matured, redeemed or retired securities • Edgar (US Regulatory) • 11/27/2023 09:05:26 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/27/2023 10:04:09 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/25/2023 10:05:14 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/23/2023 01:31:39 AM
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