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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