Deutschland Cannabis Distributors Limited entered into an agreement to acquire Farmako GmbH from Tiger Soft Pharma UG (Haftungsbeschränkt), Unicorn Asset Management GmbH, HB Capital GmbH and others on October 25, 2019. Under the terms of the deal, Deutschland Cannabis will pay CAD 11.5 million in shares in a Canadian public company engaged in the cannabis industry and listed in the TSX Venture Exchange or Canadian Securities Exchange with a market capitalization in excess of CAD 200 million and will pay HB Capital and Tiger Soft Pharma CAD 1 million in cash. 1/3 of the issued shares shall be subject to a lock-up period of 6 months as of the Closing Date, 1/3 of the issued Shares shall be subject to a lock-up period of 12 months as of the Closing Date; and the remaining 1/3 of the issued shares shall be subject to a lock-up period of 18 months as of the Closing Date. Deutschland Cannabis shall repay any outstanding amounts under or in connection with the Shareholders' Loans (corresponding to CAD 1.8 million) on the Closing Date. Furthermore, the Sellers shall receive an additional number of Canadian public company Shares corresponding to an aggregate value of CAD 5 million if Farmako achieves a turnover in an amount of €7.5 million (CAD 10.9 million) in the financial year 2020. Depending on the extent the Revenue Goal 2020 is achieved, the Sellers shall receive a linearly adjusted number of Earn-Out Shares. On October 24, 2019, Deutschland Cannabis Distributors Limited assigned the agreement to AgraFlora Organics International Inc. (CNSX:AGRA). AgraFlora Organics International Inc. (CNSX:AGRA) entered into an agreement to acquire Farmako GmbH from from Tiger Soft Pharma UG (Haftungsbeschränkt), Unicorn Asset Management GmbH, HB Capital GmbH and others for CAD 19.3 million on October 24, 2019. The consideration will be satisfied through issuance of shares. The consideration shares are subject to escrow provisions of over 18 months and one day. The closing of the transaction is subject to customary terms and conditions including approval of shareholders of Farmako. Schahin Haghani of Arnecke Sibeth Dabelstein Rechtsanwälte Partnerschaftgesellschaft mbB acted as legal advisor to Deutschland Cannabis Distributors. AgraFlora Organics International Inc. (CNSX:AGRA) completed the acquisition of Farmako GmbH from Tiger Soft Pharma UG (Haftungsbeschränkt), Unicorn Asset Management GmbH, HB Capital GmbH and others on January 3, 2020. The combined AgraFlora-Farmako entity will be equipped with world-class upstream cultivation assets.