Farmhouse, Inc entered into an agreement and plan of merger to acquire Revival, Inc. on August 13, 2019. According to the agreement, all of the issued and outstanding shares of Farmhouse common stock will be exchanged for shares of Revival, on a one share for one share basis. Upon closing, Farmhouse issued 11,368,853 common shares in exchange of 11,368,853 shares of Revival, Inc. The total number of shares issued and outstanding immediately after the closing of the merger was 14,428,275 of the combined company. Pursuant to the agreement, Revival Inc. will merge into Farmhouse, Inc., with Farmhouse, Inc. being the surviving entity.
Farmhouse, Inc completed the acquisition of Revival, Inc. on August 13, 2019.
Farmhouse, Inc. is a holding company. The Company operates as a technology company with multiple cannabis-related divisions and intellectual property (IP), including the WeedClub Platform, the @420 Twitter handle, and a Web3 division. The WeedClub Platform is a cannabis social network platform that enables industry professionals to connect, discover products and services, and scale their businesses. Within the WeedClub Platform, members utilize a set of technology-based tools for discovering professional connections and information. Its @420 brand and @420 Twitter serve as influential properties that enable the Company to connect, promote and advocate for the industry. Its Non-Fungible Token (NFT) division explores how cannabis brands can connect with the metaverse through NFTs. The Web3 division (Vault) connects cannabis brands with licensing opportunities with influential digital collectible holders and communities to develop new brands that appeal to digitally native consumers.
FARMHOUSE, INC 