Replies to post #71205 on GRN Holding Corp (GRNF)

[Mrblabla]

D-Man we're in the middle of a pandemic. Global GDP was contracting prior to this Virus hitting and is now like a drain sucking GDP down with shutdowns. That being said States and Federal government are in dire need of revenue streams and if it were not for Modern Monetary DEBT method implementation by central banks/FED and now the Fiscal side, life would be destitute. I say this only to alert those that think someone can come in and behave as a federally regulated bank for Marijuana related Industries, without at the very least finding resistance are naive. Like I said I loved this concept all the way to the two yard line. But it needs to be punched into the End Zone at this point IMHO
or it is an empty shell without any real assets or potential imo

[I-Glow]

This isn't true: "PBC has never claimed they are federally regulated bank."

"Foreseeing “a multibillion-dollar industry here,” the head of Seattle-based GRN Funds says his firm has come to Florida to offer banking services to the state’s medical marijuana providers.

It already handles about $500 million in deposits for clients in the cannabis industry on the West Coast.

Costello, its chairman and CEO, was in Tallahassee last week to meet with state financial regulators “strictly as a courtesy.” (As a bank, his firm is federally chartered and not regulated by the state, he says.)"

Costello was spewing this false and misleading drivel.

IG