|Date Announced:||March 09, 2018|
|Client Name:||Cannabis Wheaton Income Corp.|
Cannabis Wheaton Income Corp. closed its previously announced acquisition of its streaming partner Robinson's Cannabis Inc., acquiring all of the issued and outstanding shares of Robinson's.
Pursuant to a share purchase agreement dated April 6, 2018, the Company has acquired all of the issued and outstanding shares of Robinson's for an aggregate purchase price of $14,000,000, issued to the shareholders of Robinson's as an aggregate of 9,395,968 common shares in the capital of the Company. As a result of the Transaction, Robinson's is now a wholly-owned subsidiary of the Company.