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JohnCM

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JohnCM

Re: None

Wednesday, 08/01/2018 4:26:17 AM

Wednesday, August 01, 2018 4:26:17 AM

Post# of 1845
DEAL TERMS

Transaction Value C$133 million
Consideration C$22 million in cash and 92.5 million in shares

Shares Vesting

20.6 million shares at closing
17.1 million shares six months from close
13.7 million shares 12 months from close
13.7 million shares 18 months from close
13.7 million shares 24 months from close
13.7 million shares 30 months from close

Pro Forma

Ownership (Basic)
67.8% ABcann Global
32.2% Canna Farms

Structure

Share Purchase Agreement

Timing

Closing expected in August 2018

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