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About the European Cannabis Market Europe represents one of the largest potential cannabis markets globally. The Europe cannabis market is currently valued at US$3.5 billion and expected to reach US$37 billion by 2027 with an anticipated CAGR of 29.6% from 2020 to 2027 (ResearchAndMarkets.com, 2020). European countries are experiencing a transformation in the regulations for marketing cannabis and related products, facilitating easier cultivation, processing, and trade of the cannabis-derived products across this region. Terms of the Transaction The Canapar Shares were acquired for C$7,000,000 pursuant to the terms of a share purchase agreement (the Agreement ) and represent approximately 49% of the issued and outstanding shares of Canapar on a non-diluted basis. Canopy Rivers is also entitled to additional contingent consideration of C$2,000,000 payable in cash or issuable in common shares of RAMM, at the sole discretion of RAMM, on the achievement of certain production mileston

United statesJack burnettSergio martinesCanapar srlPharma corpCanapar corpRamm pharma holdings corpCanopy rivers corporationUniversity of catania department agricultureCanopy rivers incCanapar sharesCanopy riversEuropean cannabisChief executive officerCanapar italyCanopy river