Pure Harvest Cannabis Producers Inc. and other buyers acquired a 25% stake in Caleminder Inc. for $0.05 million on May 1, 2017. The purchase price represents a price of $0.022 per share. Under the terms of the transaction, Pure Harvest acquired 0.66 million shares of unrestricted common stock of Caleminder. In a related transaction, Pure Harvest Cannabis Producers Inc., David Lamadrid and others acquired a 75% stake in Caleminder Inc. from Shira Halperin for $0.25 million on May 1, 2017. Post deal, David Lamadrid was appointed as a director and as the Chief Executive Officer and President of Caleminder and Shira Halperin resigned as an officer of Caleminder and agreed to resign as director of the Caleminder upon request by Pure Harvest. Pursuant to agreements entered into by Pure Harvest with certain purchasers of the unrestricted shares, Pure Harvest agreed to submit to Caleminder for cancellation of all 6.1 million shares purchased by it.

Pure Harvest Cannabis Producers Inc. and other buyers completed the acquisition of a 25% stake in Caleminder Inc. on May 1, 2017.