Turner Valley Oil and Gas Inc (TVOG)

[loanranger]

"Seems it has to do with management agreements."

What makes you think that? I must have missed it.

I highlighted what I thought was an interesting bit in the following 2019 article excerpt. (As previously noted the Purchase Agreement leaves out the details of "what does TVOG get in the deal?". There is no revenue data and no asset list, which is why the language highlighted is so important.)

"At Herban Healing Co., an in-store education center explains the science behind CBD and lets customers know how it might affect their bodies. Cy-Fair natives Jennifer and Kyle Williams opened the store in early October with a “seed to shelf” approach. Each step of production is based in California, where they grow their own hemp, extract their own CBD and have products tested at third-party labs.

Throughout the process, each product has three certificates of analysis—official lab documents that report the levels of THC and other cannabinoids present. No matter where customers are purchasing CBD products, the brother-sister duo said they should always ask to see its certificates to ensure the product’s quality. "
https://communityimpact.com/news/2019/10/23/cbd-market-flourishes-in-cy-fair-as-legislators-loosen-regulations/

There is no mention of any properties owned, much less a hemp farm in California, in the Agreement.
No lease details. Here's one of the stores:
https://www.bing.com/maps?q=%2213307+Skinner+Rd%22+Cypress%2c+TX+77429&FORM=HDRSC4
About 1,000sq ft and parking for maybe 6 cars. Across the street from a school.

I suggest you look into CEO Balencic's background. He's been involved in a few public companies (Delta Oil and Gas and True Nature Holding)...and an elixir or two....what happened to Brainmilk and Prolimbic 29?