The Parent Company (NEO: GRAM.U) (OTCQX: GRAMF) Investor Dashboard


The Parent Company
NEO Ticker: GRAM.U
OTCQX Ticker: GRAMF
Market Focus: United States
Classification: Vertically Integrated
Country: United States
Employees: 399 as of 9/2020
Established: 2019
CEO: Steven Allan

Summary

Fiscal Year-End: Dec, 31
Auditor: MNP, LLP
Exchanges: NEO, OTC
Headquarters  San Jose, CA
State Operations: 1

Financials (9/30 pro forma)

Cash on hand: $381 million
Fixed Investment: $13.0 million
Shareholders’ Equity: $841 million
Revenues – Last Quarter: n/a
Adj. Gross Margin : n/a
EPS : n/a

Capital Structure (02/14)

Last Financing: 6.8 million shares at $10
Shares: 98.9 million
Warrants: 35.8 million
Options: 4.2 million
Diluted Shares: 162.3 million

Company Brief

The Parent Company, (Follow Company) formerly Subversive Capital Acquisition Corp., recently completed the largest cannabis SPAC qualifying transaction in the industry. The combined legal entity, TPCO Holding Corp, is now California’s leading vertically integrated cannabis company, combining best-in-class operations with leading voices in popular culture and social impact.

The Parent Company has joined forces with global icon and entrepreneur Shawn “JAY-Z” Carter, entertainment powerhouse Roc Nation, California’s leading direct-to-consumer platform Caliva, and leading cannabis and hemp manufacturer, Left Coast Ventures, to form a cannabis industry leader for the post-prohibition era. The Parent Company is well capitalized and positioned to consolidate and reshape the market in California and beyond.

Cannabis Product Brand Map


Highlights

  • The Parent Company expects revenues of $185M in 2020
  • 17 brands and 250+ SKUs across all major product categories in THC and CBD
  • 5 strategically-placed distribution hubs across CA 450+ actively distributed retail accounts
  • Delivering to 51% of CA population; expecting to reach 88% by 2022

Growth Strategy

  • Consolidate fragmented and undercapitalized California market through M&A
  • Omnichannel expansion
  • Add additional brands and price points to cover entire range of value and premium across each segment

Differentiators

  • Cultural influencer IP and brand power with JAY-Z and Roc Nation
  • A one-stop-shop for both consumers (DTC platform) and cannabis retailers (B2B distribution)
  • Industry leading social equity fund

Board of Directors brings a deep experience in
consumer, entertainment, technology and finance leadership


Institutional Analyst Coverage

Bobby Burleson
Canaccord


Curated Stories & News


Visit The Parent Company
at www.theparent.co

New Cannabis Ventures in partnership with due diligence platform 420Investor, is the definitive source for fact-based, data-driven, financial information and relevant company news for qualified publicly traded cannabis companies. NCV extracts and parses only the most important content. Information is provided “as is” and solely for informational purposes, not for trading or advice. The Parent Company (TPCO Holding Corp.) is a client of NCV Media, LLC. Read our full disclaimer.