ACQUISITION AGREEMENTAcquisition Agreement • March 17th, 2020 • CANNA Corp • Tobacco products • Florida
Contract Type FiledMarch 17th, 2020 Company Industry JurisdictionThis Acquisition Agreement (the “Agreement”) is dated as of this 16th day of January 2020, (the “Effective Date”) by and among on the one hand, CANNA CORPORATION a Colorado corporation, with a business address of 17201 Collins Avenue, Suite 3204, Sunny Isles Beach, Florida 33160, (the “Company” or “CNCC”), and its controlling shareholder, Dror Svorai, an individual, and on the other hand, AGRA NUTRACEUTICALS CORPORATION a Colorado corporation, with a business address of 5830 W. Oakland Park Blvd., Suite 100, Sunrise, Florida 33351, (“AGRA”), and the majority shareholder of AGRA, the SBS Eco Trust, (the “AGRA Shareholder”), who owns seventy-seven, and five tenth percent (77.5%) of the issued and outstanding capital stock of AGRA (the “AGRA Shares”). (CNCC, AGRA, the AGRA Shareholder may be referred to herein individually as a “party” and collectively as the “parties”; and CNCC and AGRA individually as a “Corporation” or collectively, as the “Corporations”.)