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Cannabis Community Mourns The Loss Of Troy Datcher, A Pillar Of Leadership And Equity In The Space
Friday, March 1, 2024 - 11:48am | 446Troy Datcher, the former CEO of The Parent Company -now merged with Gold Flora Corp (OTC: GRAMF)- noted for being the first African-American CEO of a major publicly traded cannabis company, has unexpectedly passed away. The news has deeply affected the cannabis community, highlighting the...
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Gold Flora And The Parent Company Complete Merger
Monday, July 10, 2023 - 8:41am | 579Gold Flora Corporation (NEO:GRAM) completed the business combination transaction resulting in the combination of TPCO Holding Corp. (OTCQX: GRAMF), and Gold Flora, LLC, in an all-stock merger. "This is a monumental moment for our newly combined team and the California cannabis industry,"...
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The Parent Company Shareholders Approve Merger With Gold Flora
Friday, June 16, 2023 - 7:47am | 358TPCO Holding Corp. (OTCQX: GRAMF) (NEO:GRAM) announced that holders of common shares of the company voted in in favor of a special resolution to approve the proposed business combination with Gold Flora LLC, at the company's annual general and special meeting held on June 15, 2023. The special...
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The Parent Company Q1 Gross Profit Grows 15.8% YoY, Extends Licensing With Carlos Santana Brand
Monday, May 15, 2023 - 9:33pm | 663TPCO Holding Corp. (NEO: GRAM) (OTCQX: GRAMF) announced its financial results for the three-month period that ended March 31, 2023, revealing net sales of $18.1 million, a gross profit of $7.8 million (43% of net sales), a net loss of $16.5 million, an adjusted EBITDA loss of $9.3 million, and $76....
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Senate Finally Addresses Banking Reform For Billion-Dollar Cannabis Industry, What Took So Long?
Wednesday, May 10, 2023 - 9:01pm | 856Anxiety is running high in the cannabis industry as the Senate Banking Committee gets ready to discuss the Secure and Fair Enforcement (SAFE) Banking Act, which seeks to normalize relations between state-licensed cannabis businesses and financial institutions. Most everyone is...
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EXCLUSIVE: High Quality & Budget-Friendly: The Parent Company Launches All-New Cruisers Brand
Wednesday, March 22, 2023 - 8:45am | 545TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), which is doing business as The Parent Company, announced Wednesday the exclusive launch of Cruisers - a new cannabis brand. Cruisers combines the existing brands of the California-based company - Fun Uncle and DELI - streamlining the products into a...
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The Parent Company, Gold Flora To Merge Into 'A True Vertical Leader In The Most Exciting Cannabis Market In The World'
Wednesday, February 22, 2023 - 9:13am | 684TPCO Holding Corp. (OTCQX: GRAMF) (NEO:GRAM) and Gold Flora have entered into a definitive business combination agreement to combine the companies in an all-stock merger. Under the terms of the merger agreement, The Parent Company shareholders will own approximately 49%, and Gold Flora holders will...
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Exclusive: The Parent Company Announces Social Equity Program For Minority-Owned Brands
Wednesday, January 25, 2023 - 7:45am | 1046The Parent Company (TPCO Holding Corp.) (NEO: GRAM.U) (OTCQX: GRAMF), a leading consumer-focused California cannabis company, announced early Wednesday the four participants in the company’s Social Equity Ventures (SEV) Brand Success Program. “The Parent Company aims to empower social...
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The Parent Company Q3 Revenue Drops 28% Sequentially, CEO Says New Products Coming Soon
Monday, November 14, 2022 - 9:22pm | 572The Parent Company (NEO: GRAM.U) (OTCQX: GRAMF) announced its financial results on Monday for the quarter ended September 30, 2022 ("Q3 2022"). “All amounts are expressed in U.S. dollars,” reads a press release. Q3 2022 Financial Q3 2022 Net sales from...
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The Parent Company Divests Wholesale Cannabis Extraction Division
Thursday, November 3, 2022 - 9:47am | 410TPCO Holding Corp. (OTCQX: GRAMF) (NEO:GRAM) has completed the divesture of its wholesale extraction division, SISU Extraction, LLC. The decision to divest SISU was driven by the company's previously announced cost savings initiatives, which are focused on reducing costs, driving efficiencies,...
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The Parent Company Completes The Acquisition Of Calma Cannabis Dispensary
Tuesday, September 27, 2022 - 7:59am | 405TPCO Holding Corp., (OTCQX: GRAMF) (NEO:GRAM.U) has acquired the remaining 15% equity of its Calma Weho LLC dispensary following receipt of all necessary regulatory approvals. Located in the Los Angeles metropolitan region, the 3,250 square foot dispensary is one of only eleven stores in the West...
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The Parent Company Launches FaZe Rain's RCVRY Cannabis Brand
Monday, September 12, 2022 - 7:57am | 688TPCO Holding Corp. (OTCQX: GRAMF) (NEO:GRAM.U) is launching RCVRY, a cannabis brand co-founded by Nordan Shat (FaZe Rain), Youtube star and co-founder of the esports and entertainment organization, FaZe Clan, along with Quinn "The Wizard", Yonatan Hagos and Erick Kahn. RCVRY, created in...
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The Parent Company Q2 Revenue Almost Halves YoY, Net Loss Also Deepens
Tuesday, August 16, 2022 - 10:24am | 601TPCO Holding Corp. (NEO:GRAM.U) (OTCQX: GRAMF) released Tuesday its second-quarter financial results with revenue of $27.4 million, missing the Yahoo Finance Average analyst estimate of $33.23 million. Compared to the same period of 2021, revenue declined 49% from $54.2 million. Q2 2022 Financial...
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Cannabis Companies Nabis And The Parent Company Forge Exclusive Distribution Partnership
Tuesday, July 12, 2022 - 2:46pm | 484Nabis, a licensed cannabis wholesale platform, announced a distribution partnership with The Parent Company (TPCO) (NEO: GRAM.U, OTCQX: GRAMF) that will optimize efficiencies while bringing top brands to dispensaries across California. “We are excited to be the exclusive...
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The Parent Company To Enter Maryland Cannabis Market Via Exclusive Partnership With Curio Wellness
Wednesday, July 6, 2022 - 9:08am | 431TPCO Holding Corp. (OTCQX: GRAMF) (NEO:GRAM.U) has entered into an exclusive brand licensing and cultivation and production agreement with Curio Wellness, to bring the company's brands and top-quality products to the State of Maryland, with anticipated market launch in late 2022. Initial brands...