GRN Holding Corporation (OTC:GRNF) Stock Gains After Joint Venture With One World Legends
In the past year or so, the cannabis sector has gone through a difficult time, but even then, there are certain companies that may still be worth looking into. One such company is GRN Holding Corporation (OTC:GRNF). It should be noted that not too long ago, the company merged with Marijuana Inc. to establish a single entity.
On August 15, the company was in the news after it announced that it had established a new joint venture with the established operator in the cannabis sector, One World Legends. By way of the strategic partnership between the two entities, GRN Holding managed to establish a major way forward in the cannabis space, which could have an effect on the future of the industry and inspire more innovation and growth.
The Chief Executive Officer of Marijuana Inc., Donald Steinberg, spoke about the matter and was quite enthusiastic about it. He noted that GRN Holding and GRN Holding had been working together for more than two years, and the establishment of the joint venture was a major fusion of vision and expertise.
He went on to speak about some of the work accomplished by One World and some of its current work. He noted that he boasted of having access to as many as 17 strains of marijuana, which included some of the more famous strains like Durban Poison, Maui Wowie, Acapulco Gold, and Jamaican Deep Breath, among others. Additionally, One World was also working on the development of 20 more of the more famed hybrid strains, which were being developed in Columbia for eventual global distribution. As per some of the governmental inspectors, One World had been working on some of the most diverse strains of cannabis of the highest quality in Columbia. He noted that the joint venture could help bring about a revolution in the marijuana industry.
The President of One World, Rocky Pertullo, noted that the company had first come up with the strategy to source all the parent strains of all the hybrid strains in the world that are sold across the globe. He went on to add that the parent strains are those to which many cannabis connoisseurs do not often get access but do want to experience.
The company wishes to make these strains, along with the hybrid ones, available to consumers. He noted that One World aimed to do it through distributions to distributors, connoisseurs, and Medical Organizations. The joint venture would provide the company with the necessary marketing insights as well as technological advancements.
On May 23, GRN Holding announced that it had completed its merger with Marijuana Inc. The move was aimed at further strengthening its position in the cannabis industry. The move was marked as a major new milestone for GRN Holding since it was aimed at driving the shared vision of innovation in the industry. The merger would also help to combine the resources, expertise, and strengths of the two companies into one entity.
