GRN Holding Corporation (OTCPK:GRNF) signed a non-binding letter of intent to acquire Soulshine CBD, Inc. on November 12, 2019. The acquisition includes all assets, inventory, licenses, intellectual property and equity of Soulshine CBD, Inc. In related transactions, GRN Holding Corporation signed non-binding letters of intent to acquire Pacific Banking Corp., Pacific Merchant Processing, Inc., Microcap Advisors, LLC, SMLY, Inc., Soulshine Development Group, Inc., One Source CBD, Mystic Ranch Development Co., LLC, Magic Beans Hemp, LLC and Sunshine Hemp, Inc. GRN Holding intends to facilitate the transaction by seeking to raise debt and, or, equity financing. The deal is subject to completion of due diligence, financial audits and execution of material definitive agreement. As of February 21, 2020, GRN Holding Corporation has completed its due diligence in connection with the transaction. GRN Holding Corporation (OTCPK:GRNF) cancelled the acquisition of Soulshine CBD, Inc. on November 12, 2020.