BINDING LETTER OF INTENTBinding Letter of Intent • September 28th, 2018 • GSRX Industries Inc. • Retail-food stores • California
Contract Type FiledSeptember 28th, 2018 Company Industry JurisdictionTHIS BINDING LETTER OF INTENT (this “Letter”), dated as of September 19, 2018 (the “Effective Date”), is entered into by and between GSRX, Inc. (the “Buyer”) and So Cal MM Patients Association, dba The Coughy Shop, All about Bud (“SCMMPA”), a retail cannabis dispensary business, located at 64949 Mission Lakes Blvd #114 , Desert Hot Springs Ca 92240 (the “Company” or the “Seller”), to set forth principal terms and conditions under which the parties hereto would consider relating to the purchase and sale of one hundred percent ( I 00%) of the assets of the Company, including certain assets of the retail cannabis dispensary business of the Company, by Seller to Buyer (the “Proposed Transaction”) as set forth below. The Seller and Buyer are sometimes referred to individually as a “Party” and collectively as the “Parties”.