Greenrose Acquisition closed its business combination with Connecticut-based cannabis company Theraplant.
The company has been renamed The Greenrose Holding Company and will continue to be listed on the OTC under GNRS and GNRSW. Greenrose also intends to co-list on the NEO exchange as soon as practicable.
With this closing, Greenrose now expects to continue working toward the acquisition of Shango Holdings, Futureworks and certain assets of Arizona-based True Harvest, all cannais firms. Each of the acquisitions is subject to the SPAC’s compliance with certain debt covenants, the terms, conditions and rights in each of the applicable agreements and the receipt of applicable state regulatory approvals. Read more.
