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Parkit Enterprise Inc.: Parkit Announces $28.5 Million Industrial Real Estate Acquisition


Parkit Enterprise Inc.: Parkit Announces $28.5 Million Industrial Real Estate Acquisition
Toronto, Ontario (Newsfile Corp. - March 11, 2021) -
PARKIT ENTERPRISE INC. (TSXV: PKT) (OTC: PKTEF) ( Parkit or the Company ) is pleased to announce that it has agreed to acquire a property located in Ottawa, Ontario (the Property ) for an aggregate purchase price of $28,500,000, subject to customary adjustments (the Proposed Acquisition ). The vendor of the Property, Access Self Storage Inc. (the Vendor ), is a related party to Parkit and the Proposed Acquisition constitutes a non-arm s length transaction. It is anticipated that the Proposed Acquisition will be completed on March 18, 2021, concurrent with the anticipated closing of the Company s previously announced private placement of common shares (see press releases dated March 1, 2021). ....

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AUSTRALIS Completes Definitive Agreement to Acquire Green Therapeutics LLC


AUSTRALIS Completes Definitive Agreement to Acquire Green Therapeutics LLC
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Foundational Asset in AUSA s Multi-State Footprint
Acquisition Agreement Includes Resolution of Litigation by Unwinding Original Transaction
LAS VEGAS, March 12, 2021 /PRNewswire/ - Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) ( AUSA or the Company ) today announced that, further to the Company s press release of January 5, 2021, AUSA has entered into a definitive agreement on March 11, 2021 with, among others, Green Therapeutics LLC ( GT ) and the holders of the issued and outstanding membership interests of GT concerning the acquisition of GT.
The transaction will be completed in two parts, the first being the acquisition of a subsidiary of GT (the Subsidiary ) containing a number of unregulated assets including the GT brands and certain ancillary agreements including brand licensing and management agreements. Subsequently, subject to regul ....

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Curaleaf to Enter European Cannabis Market with Acquisition of EMMAC Life Sciences Limited - Europe's Leading Independent Cannabis Company


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WAKEFIELD, Mass., March 9, 2021 /PRNewswire/  
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ( Curaleaf or the Company ), a leading U.S. provider of consumer products in cannabis, today announced that it has signed a definitive agreement to acquire EMMAC Life Sciences Limited ( EMMAC ), the largest vertically integrated independent cannabis company in Europe for base consideration of approximately US$286 million to be paid 85% in Curaleaf subordinate voting shares and 15% in cash. Contingent consideration of up to US$57 million will be paid in Curaleaf subordinate voting shares and cash in the same ratio based upon the successful achievement of performance milestones. The proposed transaction provides Curaleaf with a developed platform for entry into the European cannabis market. ....

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