The Parent Company Announces December 2021 Conference Participation

Rhea-AI Summary

TPCO Holding Corp. announced CEO Troy Datcher's participation in key cannabis industry conferences. Datcher will be on the US Cannabis Council panel at the NBCSL 45th Annual Legislative Conference on December 3, 2021, and will be a keynote speaker at the NCIA Business Summit & Expo on December 16, 2021. The Parent Company is a vertically integrated cannabis producer in California, serving approximately 80% of the state's legal cannabis market through its vast distribution network and diverse product portfolio.

Positive

• Participation in high-profile industry conferences enhances visibility and reputation.
• Strong distribution network servicing approximately 80% of California's legal cannabis market.
• Diverse product portfolio with eight scalable brands, including Monogram by Shawn 'JAY-Z' Carter.

Negative

• Cannabis remains illegal under federal law, posing regulatory risks.
• Potential legal implications from ongoing federal enforcement relating to cannabis operations.

SAN JOSE, Calif., Dec. 2, 2021 /PRNewswire/ - TPCO Holding Corp. ("The Parent Company" or the "Company") (NEO: GRAM.U) (OTCQX: GRAMF), a leading vertically-integrated California cannabis company, announced today that Troy Datcher, Chief Executive Officer of The Parent Company will participate in the following upcoming conferences.

• The National Black Caucus of State Legislators ("NBCSL") 45^th Annual Legislative Conference is taking place November 30 to December 3, 2021. Mr. Datcher is scheduled to participate in the US Cannabis Council (USCC) panel on December 3^rd at 9:00 a.m. ET. For more information about the NBCSL 45^th Annual Legislative Conference please click here.
  
  
• The National Cannabis Industry Association's ("NCIA") Business Summit & Expo will take place from December 15 – 17, 2021. Mr. Datcher is scheduled to participate as a keynote speaker on December 16^th at 10:15 a.m. PT. For more information about the NCIA Business Summit & Expo please click here.

References to information included on third-party websites do not constitute incorporation by reference of the information contained at or available through such websites, and you should not consider such information to be a part of this press release.

About The Parent Company
Formed in January 2021, The Parent Company is a leading vertically integrated California cannabis company. The Company's three manufacturing facilities provide unparalleled access to high-quality cannabis, while its vast wholesale distribution network of more than 450 California dispensaries, a direct-to-consumer omnichannel platform, six consumer delivery hubs and eleven omni-channel retail locations, currently service approximately 80% of the largest legal cannabis market in the country.  The Company's curated product portfolio includes eight valuable and scalable brands, including Monogram by Shawn "JAY-Z" Carter, Caliva, Deli, Fun Uncle, and Mirayo, which set the tone for The Parent Company's industry leadership in California and beyond.

Caution Regarding Cannabis Operations in the United States
Investors should note that there are significant legal restrictions and regulations that govern the cannabis industry in the United States. Cannabis remains a Schedule I drug under the U.S. Controlled Substances Act, making it illegal under federal law in the United States to, among other things, cultivate, distribute, or possess cannabis in the United States. Financial transactions involving proceeds generated by, or intended to promote, cannabis-related business activities in the United States may form the basis for prosecution under applicable U.S. federal money laundering legislation.
While the approch to enforcement of such laws by the federal government in the United States has trended toward non-enforcement against individuals and businesses that comply with medical or adult-use cannabis programs in states where such programs are legal, strict compliance with state laws with respect to cannabis will neither absolve The Parent Company of liability under U.S. federal law, nor will it provide a defense to any federal proceeding which may be brought against the Company. The enforcement of federal laws in the United States is a significant risk to the business of The Parent Company and any proceedings brought against the Company thereunder may adversely affect the Company's operations and financial performance.

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SOURCE TPCO Holding Corp.

FAQ

What conferences is TPCO Holding Corp. attending in December 2021?

TPCO Holding Corp. is attending the NBCSL 45th Annual Legislative Conference and the NCIA Business Summit & Expo.

When is the US Cannabis Council panel featuring Troy Datcher?

The US Cannabis Council panel featuring Troy Datcher is scheduled for December 3, 2021, at 9:00 a.m. ET.

What is the significance of TPCO Holding Corp.'s participation in these conferences?

Participation in these conferences enhances TPCO Holding Corp.'s visibility and strengthens its industry connections.

How does TPCO Holding Corp. ensure distribution in California?

TPCO Holding Corp. has a vast wholesale distribution network servicing over 450 California dispensaries.

What legal risks does TPCO Holding Corp. face in the cannabis industry?

TPCO Holding Corp. faces significant risks due to cannabis being illegal under federal law in the United States.