Cannabis Wheaton Income Corp. (TSX.V: CBW) (OTC: CBWTF) this morning announced that it has entered into a share purchase agreement with Robinson’s Cannabis Inc. to acquire all of the issued and outstanding shares of Robinson’s. Robinson’s is a privately-owned licensed producer applicant under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) that has completed Health Canada’s paper-based review process and is currently in the confirmation of readiness stage. Per the terms of the share purchase agreement, the company will acquire all of the issued and outstanding shares of Robinson’s. Upon the completion of the acquisitions, which is subject to certain conditions, Robinson’s will become a wholly-owned subsidiary of Cannabis Wheaton.
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About Cannabis Wheaton
Cannabis Wheaton is a collective of entrepreneurs with a passion for the cannabis industry past, present and future. The company’s mandate is to facilitate growth for its partners by providing them with financial support and sharing the company’s collective industry experience. All of the company’s partners have different visions, voices and brand values, and all share a common goal—to build a world-class industry based on ethics, diversity, quality and innovation. For more information, visit the company’s website at www.WheatonIncome.com.
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