Item 1.01. Entry into Material Definitive Agreement.
Effective
Pursuant to the terms of the Fourth Chino Valley Amendment, the parties
acknowledge that an additional 30,000 square feet have become operational,
increasing the premises to a total of 97,312 square feet of operational space.
Chino Valley agreed to provide Broken Arrow with
Pursuant to the terms of the Fourth Chino Valley Amendment, effective
Also, in the Fourth Chino Valley Amendment, the parties acknowledged that the
premises had received approval for a plan that authorizes additional operational
square footage that can be constructed. If built to full capacity, the rental
payments would increase to
The foregoing description of the Fourth Chino Valley Amendment is qualified in its entirety by reference to the complete terms and conditions of the Fourth Chino Valley Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K, and is incorporated by reference into this Item 1.01.
Item 7.01. Regulation FD Disclosure.
On
The information included in this Item 7.01, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The information set forth under this Item 7.01 shall not be deemed an admission as to the materiality of any information herein.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. Exhibit No. Description 10.1 Fourth Amendment to Regulated Medical Marijuana Facility Triple Net (NNN) Lease Agreement datedMay 1, 2018 , between Chino Valley andCJK, Inc. , as amended, entered into onJanuary 24, 2022 . 99.1 Press release issued by the registrant onJanuary 25, 2022 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
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