Replies to post #31257 on GRN Holding Corp (GRNF)

[BeamMeUpScotty]

Sorry there’s a fifth part to what the company will be doing.

5) I forgot about the $600m they have on deposit. Could they be given permission by the owners of those funds to invest into other marijuana businesses/ startups giving GRN Holdings access to their own source of funds to invest in other marijuana ventures? But, most importantly to have a good strong source of funds with no borrowing costs.

This would maybe be called the Venture Capital Division.

Once again these are all my thoughts only.

[DWillie]

I'm glad someone finally believes me about uplisting issues. lol I took some unwarranted criticism for mentioning that.

However, I'm still not certain they'll get approval even as a holding company. NASDAQ has declined a company from listing that only provided a software app for MJ pricing and locations on the basis they were promoting illegal substance, even though they didn't come close to direct contact. On the other hand, IIPR is listed on NYSE. They own MJ real estate and lease it to MJ growers and retailers. Surely one could argue they enable the manufacture of illegal drugs. So, it's not clear where they draw the line.

I also wonder why no other US holding company has tried to do it. Surely a big company like CURALEAF HOLDINGS, INC. would love to uplist. Curaleaf, Inc. does the actual MJ selling. The holding company has a bunch of different entities. Not sure if it's set up the same way though.

[nhexus1]

Isn’t tilray on NASDAQ

[BringtheBolts]

Thanks for the informative post.

Another consideration is the farming hemp bill which the holding company is getting involved. This creates some loop holes in federal regulations as well for uplisting and also opens up distribution opportunities across state lines.