GRN Holdings Firm, Inc. (OTC Pink: GRNF) will certainly end up being called Cannabis Inc. from currently on, pending authorization. The firm additionally revealed brand-new modifications in monitoring and also its organization version in addition to a company restructuring.
The firm stated it modified short articles with the Assistant of State of Delaware and also a relevant Financial Sector Regulatory Authority (FINRA) business activity to transform the firm name to Cannabis Inc. The firm reveals the consultation of a brand-new President, Donald Steinberg, that is concentrated on carrying out a brand-new organization version based upon retail and also worldwide circulation.
” We see since nations worldwide are undergoing various phases of decriminalization consisting of the starts of lawful import and also export,” the newly-minted chief executive officer stated. ” The name adjustment to Cannabis, Inc. is basic to the firm’s change from a procurement firm to a business concentrated on the lawful worldwide circulation of cannabis. I expect taking part in the huge adjustment occurring on an international range pertaining to cannabis.”
Cannabis Inc. stated it will certainly have 2 brand-new departments. The very first is VivaBuds, which is developed as a retail version beginning in Los Angeles. The VivaBuds program makes use of a “Inform A Pal” advertising technique to appear developed and also standard supply lines by going straight from ranch to customer.
The 2nd, One Globe Tales, will certainly concentrate on Colombia and also the prep work for export from there.
” International circulation of cannabis remains in the onset and also we are structuring the firm to fulfill the need,” stated Rocky Petrullo, Head Of State of One Globe Tales (OWL). “After finishing numerous journeys to Colombia which included developing collaborations with accredited ranches and also market leaders, I verified that the marijuana market in Colombia prepares to expand excellent quality, big quantity, marijuana blossom. I have actually additionally taken a trip to Spain and also Amsterdam to obtain a healthy and balanced understanding of the European market where we are going for importation from Colombia.”
OWL stated it will certainly disperse the Colombian pressures, in addition to landrace pressures such as Durban Poisonous Substance, and also Covering Kush from Colombia to lawful consumers. The term “landrace” is made use of of the minimal variety of making it through marijuana pressures which progressed normally in the geographical area in which they were uncovered by humans in the 20th century. Landrace pressures stand for the initial marijuana pressures and also are consequently the beginnings of all modern-day marijuana pressures throughout the globe, the launch stated.
” I have actually striven to discover the landrace pressures from various components of the globe and also have actually protected seeds for expands in Colombia,” Petrullo stated. “I am enthusiastic regarding the top quality of Colombian expand combined with the seeds of old. This is our particular niche and also I think it will certainly be very useful to the conservation of marijuana background and also satisfaction of the plant.”
The firm released a brand-new web site www.marijuanainc.com “as component of the total redouble of the firm,” it stated. It additionally stated it will certainly transform the name and also sign to assist to far better straighten the firm with its brand-new organization version.
The firm has actually just recently submitted a 20:1 reverse split with the FINRA. The split has actually not yet been accepted yet the firm anticipates it to be efficient quickly.
” The get split might assist make our firm much more eye-catching to institutional capitalists, make sure the firm preserves the standards for an up-listing to OTCQB, in addition to make the supply much more eye-catching for mergings and also purchases,” it stated in the launch.
Previous chief executive officer Justin Costello surrendered with the consultation of Donald Steinberg as Chief Executive Officer and also Supervisor, Steinberg as the firm’s single supervisor.