MRCQF - TPCO Holding enters $50M strategic investment in GH Group

May, 17 2021 10:23 AM Mercer Park Brand Acquisition Corp

TPCO Holding ([[GRAMF]] +3.4%) announces a $50M strategic investment in GH Group through a private placement offering by Mercer Park Brand Acquisition ([[MRCQF]] +0.3%).Mercer Park Brand Acquisition is a special purpose acquisition company, which has entered into a definitive agreement to merge with Glass House.Glass House currently has a California greenhouse cultivation footprint of over 500K ft2, producing over 110K pounds of dry flower biomass per year, with a targeted long-term greenhouse footprint of 6M ft2.The company has also signed a definitive binding agreement to acquire four acres of licensed high-quality outdoor cannabis cultivation located in Sonoma County, California.

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TPCO Holding enters $50M strategic investment in GH Group

Company Name:	Mercer Park Brand Acquisition Corp
Stock Symbol:	MRCQF
Market:	OTC

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