The Parent Company Declares its Amended Form 10 Registration Statement Became Effective on October 8
The Dank Investor Posted On October 12, 2021 
TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF) , the largest vertically integrated cannabis platform in California, announced today that the amended registration statement that it had filed on Form-10 with the Securities and Exchange Commission (SEC) on August 9, 2021, came into effect on October 8, 2021.
About The Parent Company
The Parent Company was formed in January 2021and has three manufacturing facilities that produce high-quality cannabis. The product is offered to customers at very reasonable costs, through a distribution chain consisting of more than 450 California dispensaries, five consumer delivery hubs, and eleven omni-channel retail centers.
These outlets make cannabis available to more than 80% of California’s population. Eight of the highly valuable and scalable brands of cannabis are produced by the company, and these include Shawn “JAY-Z” Carter’s Monogram, Caliva, Fun Uncle, Deli, and Mirayo.
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These brands have made the company a leader in the cannabis industry in California and even outside it. The Company trades on the NEO Exchange under the stock symbol “GRAM.U” and on the OTCQX under the stock symbol “GRAMF.”
TPCO’s Form 10 Registration Statement Comes into Effect
Under the Registration Statement filed with the SEC, under Section 12(g) of the Securities Exchange Act of 1934, the company is permitted to list its common shares and share purchase warrants (together known as ‘Securities’) on the New York Stock Exchange or the Nasdaq Stock Market.
Because of this registration filed with the SEC, the company is also bound to periodically file Form 10-Q, Form 10-K, and Form 8-K with the SEC.
Troy Datcher, Chief Executive Officer of The Parent Company, said that the changing policies of the Federal government and the more positive attitude of people towards cannabis use, had made it the most opportune time for trying to get listed on the stock exchange.
He mentioned the fact that the SAFE Banking Act (legislation regarding banking services to cannabis-related business) waiting for the Senate Committee’s approval also indicated a positive trend in the matter.
According to him, the company’s successful ventures in California had put it on a strong footing that it can leverage quite beneficially at a national level as the company made successful strides in its business.
He pointed out how listing the company’s shares on the stock exchange would give it access to many trading platforms and applications, and would attract investors to the company, thereby making it the best cannabis company in the world.
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The Registration Statement was filed in order to provide liquidity to the company’s shareholders,
- By making the company eligible to register Common Shares, which can be issued in accordance with the provisions of the TPCO Holding Corp. Equity Incentive Plan the Securities Act of 1933, on Form S-8;
- To facilitate trading of Common Shares and Warrants in accordance with Rule 144 of Securities Act of 1933, which was amended a year after filing of the Registration Statement.
