gold flora corporation gram completed the business combination transaction resulting in the combination of tpco holding corp gramf and gold flora llc in an allstock merger this is a monumental moment for our newly combined team and the california cannabis industry stated laurie holcomb ceo of gold flora we are thrilled to begin this next chapter and unify the best of both companies to establish a true market leader together we are strongly positioned to leverage our highly complementary assets and expertise to develop a differentiated portfolio of products that deliver the premier experiences california consumers want troy datcher chairman of the board stated this transformational merger represents a substantial milestone in our journey toward becoming a leading verticallyintegrated cannabis company in california each step we have taken over the past 18 months has helped build a strong foundation for our newly combined company to deliver unique and culturally relevant products and advance our pathway to profitability with an unwavering focus on customercentricity and operational excellence we are determined to drive our shared vision of establishing gold flora as a worldclass brand builder pursuant to the business combination the parent company stately capital corporation and gold flora corporation amalgamated pursuant to a courtapproved plan of arrangement under the business corporations act british columbia and continued from british columbia into the state of delaware as the company and the company acquired all of the issued and outstanding membership units of gold flora llc by way of a merger pursuant to the terms and conditions of an agreement and plan of merger under the terms of the business combination the former holders of common shares of the parent company now own approximately 49 and the former holders of membership units of gold flora now own approximately 51 of the outstanding common equity of gold flora shares of the company will continue to trade on the neo exchange under the ticker symbol gram trading of the shares of the company is expected to resume on the neo exchange on july 10 2023 shares of the company will not trade on the otcqx until an application is filed with and approved by otc markets gold floras board of directors will be comprised of seven directors four of whom were nominated by gold flora llc being laurie holcomb michael w lau heather molloy and jeffery sears and three of whom were nominated by the parent company being troy datcher chairman al foreman and mark castaneda the benzinga cannabis capital conference the place where deals get done is returning to chicago this sept 2728 for its 17th edition get your tickets today before prices increase and secure a spot at the epicenter of cannabis investment and branding photo benzinga edit with photos by geralt and lindsayfox on pixabay