SEATTLE, WA / ACCESSWIRE / March 2, 2020 / GRN Holding Corporation (OTC PINK:GRNF, the "Company"), announced today that Squad Drone has successfully completed live testing to verify operational safety and performance. Testing included checks for flight stabilization, Safe Start, diagnostics, GPS failsafe range and package release.
"This is a monumental day for the company," said GRN Holding CEO Justin Costello. "With the successful testing behind us, we're excited to move forward with the next phase of bringing drone delivery to the cannabis B2B market."
Squad Drone (www.squad-drone.com), located in Bellevue, Washington, offers delivery drone technology and services for the business-to-business (B2B) market.
About GRN Holding Corporation
GRN Holding Corporation (OTC Pink:GRNF) is a Nevada registered publicly-traded company.
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This news release contains "forward-looking statements" which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as "anticipate", "seek", intend", "believe", "estimate", "expect", "project", "plan", or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-k, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.
SOURCE: GRN Holding Corporation