CannaOne Technologies Inc. (CNSX:CNNA) entered into a memorandum of understanding to acquire 51% stake in Direct Agent 5 Inc. for $10 million on March 16, 2021. CannaOne Technologies Inc. (CNSX:CNNA) entered into a definitive agreement to acquire Direct Agent 5 Inc.on April 19, 2021. As part of consideration, CannaOne agreed to issue an aggregate of 11,823,880 common shares to the current shareholders of DA5, with a value of $7.895 million. The shares to be issued are subject to the following release and pooling restrictions: 50% issued on closing; 15% after 90 days; 15% after 180 days; 10% after 270 days; and 10% after 1 year. Additionally, warrants will be granted to purchase 2,000,000 shares of the Company at an exercise price per share based on the closing market bid price on the date of closing. The completion of the transaction is subject to certain conditions, including the execution of definitive documentation, all necessary regulatory and shareholder approvals, and other customary closing conditions. The transaction is expected to close on or before May 1, 2021. Lynx Global Digital Finance Corporation (CNSX:LYNX) completed the acquisition of 51% stake in Direct Agent 5, Inc. on May 4, 2021.