$10 Million Debt Wiped Out — Green Rain Energy Holdings (OTC: GREH) & Medican Enterprises (OTC: MDCN) Partner to Fast-Track World-Class Off-Road EV

Burbank, CA – Green Rain Energy Holdings Inc. (OTC: GREH) and Medican Enterprises Inc. (OTC: MDCN) today announced a transformative $10 million debt. Cancellation and joint development agreement to accelerate the launch of a next-generation off-road electric vehicle (“EV Car”) engineered to dominate its segment.

Under the Convertible Debt Cancellation & Off-Road EV Development Agreement:

$10 Million Eliminated – Principal + accrued interest wiped from GREH’s books.
Expanded R&D – GREH commits additional capital, personnel, and tech resources to accelerate production.
50/50 Profit Share – Equal split of all net profits from EV Car sales.

Brand Control – MDCN retains 100% ownership of brand, trademarks, and IP — with global licensing flexibility.
Exit Optionality – IPO, SPAC, or strategic sale opportunities under active review.

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This Convertible Debt Cancellation and Off-Road EV Development Agreement is more than a debt resolution — it’s a launchpad into one of the fastest-growing global markets. The deal strengthens Green Rain’s financial position, empowers aggressive R&D, and positions Medican as the controlling brand owner with substantial profit and licensing potential in a premium EV product line.

Alfredo Papadakis, CEO of GREH, stated: “In one move, we erased $10 million in debt and created the runway to deliver the most advanced off-road EV in the world. This is not just about joining the EV race — it’s about setting the pace.” Dr. Xavier Mitchell, CEO of MDCN, added, “This deal is just as transformative for Medican as it is for Green Rain. We emerge as the full owner of a brand designed to compete head-to-head with the world’s biggest EV names, while maintaining the flexibility to license and monetize this asset globally. Our shareholders now have exposure to a high-performance EV program with a 50% profit stake, zero production risk, and multiple exit strategies that can generate substantial long-term value.”

EV Car Key Specs:

Quad-Motor, 1,200+ HP – 0–60 mph in under 2.8 seconds.

Solid-State Batteries – 700-mile range, 400kW ultra-fast charging.
Extreme Off-Road – 24-inch adjustable suspension, advanced terrain modes.
Sustainable – Integrated solar charging & battery recycling programs.

With the global EV market projected to exceed $1 trillion by 2030, Green Rain and Medican are targeting one of its fastest-growing premium niches.

For more information, visit: https://greenrainenergy.com/

Investor Relations: https://greenrainenergy.com/investor-relations/

About Green Rain Energy Holdings Inc. (OTC: GREH)
Green Rain Energy Holdings Inc. is a Wyoming-based company focused on innovative energy solutions and breakthrough transportation technologies. Leveraging strategic partnerships and an expanded R&D program, Green Rain develops projects with both environmental impact and powerful commercial potential.

About Medican Enterprises Inc. (OTC: MDCN)
Medican Enterprises Inc. is a Wyoming-based company specializing in premium brand ownership, licensing, and strategic investments in high-growth industries. Medican’s portfolio includes renewable energy, advanced mobility, and consumer products, with a focus on building assets that deliver recurring revenue and global market appeal.

Legal Notice Regarding Forward-Looking Statements:
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. This includes the possibility that the business outlined in this press release may not be concluded due to unforeseen technical, installation, permitting, or other challenges. Such forward-looking statements involve risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of Green Rain Energy Holdings to differ materially from those expressed herein. Except as required under U.S. federal securities laws, Green Rain Energy Holdings undertakes no obligation to publicly update any forward-looking statements as a result of new information, future events, or otherwise.

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