Building on consumer interest and adoption of the gummy category, manufacturers and brand owners are expanding beyond traditional offerings with products made with minor cannabinoids and rosin.

Operating as Gold Flora Corporation, the California company has a portfolio including cultivation, distribution, product brands, and a retail and delivery footprint.

Under the all-stock merger agreement, The Parent Company shareholders will own approximately 49% and Gold Flora holders will own approximately 51% of the outstanding common equity of the combined company.