Pac Roots Cannabis Corp. (CNSX:PACR) entered into a Share Purchase agreement to acquire Lords of Grasstown Holdings Ltd. for CAD 1.2 million on February 17, 2021. In consideration for the share purchase agreement with Lords of Grasstown Holdings, the total purchase price will be comprised of a cash payment of CAD 0.05 million, payable within 30 days of the closing date for the Transaction and the issuance of an aggregate of 6 million common shares of the Pac Roots Cannabis Corp. within five business days of the closing date for the Transaction. The aggregate cash and share consideration will be distributed pro rata to the shareholders of Lords of Grasstown Holdings Ltd. The transaction is subject to completion of Pac Roots Cannabis Corp's due diligence reviews. The closing date for the Transaction is expected to occur on February 19, 2021.