Feuerstein Kulick Represents The Greenrose Holding Company Inc. on Regulatory Issues and Debt Financing for the Purchase of True Harvest, LLC |

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NEW YORK, January 3, 2022 /PRNewswire/ — The Greenrose Holding Company Inc. (“Greenrose” or the “Company”) announced that it has completed the previously announced acquisition of the assets of Arizonabased at True Harvest, LLC.

Pursuant to the acquisition, Greenrose paid consideration of $57.6 million at closing, consisting of $12.5 million in liquid, $23.0 million in the form of a convertible note, $4.6 million in assumed debt, and $17.5 million into ordinary shares of the Company. Subject to True Harvest achieving a certain price per pound of cannabis flower relative to total flower production within 36 months of the closing of the transaction, Greenrose will pay additional consideration of up to $35.0 million in the form of a price supplement, payable in ordinary shares of the Company.

David Feuerstein and Brian Korngold of Feuerstein Kulick LLP are regulatory advisors to Greenrose. Samantha Gleit, Jason Cohen and Dan Rich of Feuerstein Kulick LLP are Greenrose’s debt advisors.

Media Contact:

Jennifer Brown

jbrown@dfmklaw.com

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SOURCE Feuerstein Kulick LLP

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