June 6, 2023 Aleafia Health Inc.Plan of Arrangement • September 28th, 2023 • Red White & Bloom Brands Inc. • Finance services
ASSIGNMENT OF INDEBTEDNESS AND SECURITYAssignment of Indebtedness and Security • September 28th, 2023 • Red White & Bloom Brands Inc. • Finance services • Ontario
NOW THEREFORE in consideration of the payment by the Assignee to the Assignor of the amount of Canadian Twelve Million Five Hundred Thousand Dollars ($12,500,000.00) (the “Payment Amount”) in certified funds or by wire transfer, the mutual covenants and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are acknowledged by each party to the other, the parties hereto agree as follows:
Red White & Bloom and Aleafia Health Execute Binding Letter Agreement for Business CombinationBinding Letter Agreement • September 28th, 2023 • Red White & Bloom Brands Inc. • Finance services
§ The Combined Company (as defined below) is expected to represent C$138 million in trailing distribution and retail revenue from the Canadian, United States and European cannabis end-markets and combined Gross Profit before fair value adjustments of $39 million.(1)(2)(3)(4)
