The Parent Company Establishes Revised Strategic Agreement with Roc Nation, SC Branding and affiliates

New structure to generate expected savings of $33.5 Million in future payments

Signs 8-year exclusive Monogram distribution agreement in California

Roc Nation, SC Branding, LLC and affiliates and The Parent Company to partner together on future social equity initiatives to address inequality in the cannabis industry

 Arrangement to help preserve shareholder value through return of 7.1 million previously issued common shares

SAN JOSE, Calif., Jan. 5, 2023 /PRNewswire/ – TPCO Holding Corp. (“The Parent Company” or the “Company”) (NEO: GRAM.U) (OTCQX: GRAMF), a leading consumer-focused California cannabis company, today announced that it has entered into modification agreements (the “Agreements”) to restructure the relationship between Roc Nation LLC (“ROC”), SC Branding, LLC (“SC Branding”) and The Parent Company. As part of the restructured arrangement, Shawn ‘JAY-Z’ Carter and affiliates and Roc Nation will return approximately 7.1 million common shares of The Parent Company and enable the organization to save approximately

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Demand Brands Signs Agreement to Acquire New Businesses

WATSONVILLE, CA / ACCESSWIRE / January 4, 2023 / Demand Brands, Inc. (OTC PINK:DMAN), (“Company” or “Demand Brands”), a leading vertically integrated cannabis company, is pleased to announce it has signed a Letter of Agreement (the “Agreement”) to acquire, in an all-stock transaction (the “Transaction”), three (3) synergistic operational businesses, which we anticipate closing in the First Quarter 2023, that will add an estimated USD 1million in revenue in the first year.

This Transaction is part of the Company’s focus on building its capabilities in the medical segment and marks the first step in this direction.

“This transaction furthers Demand Brands’ mission of expanding our vertically integrated business model into a multi-state operation and advances our plans on capturing the medical cannabis market,” said Kevin Sparks, CEO of Demand Brands, and further added, “Our target is to close the transaction in Q1.”

The portfolio of acquired companies includes:

  1. L
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