Sam Mac entered into an agreement to acquire 5Leaf, LLC from NewBridge Global Ventures, Inc. (OTCPK:NBGV) for $0.82 million on December 9, 2019. The Purchase Price shall be paid in the form of a secured promissory note in the amount of $0.24 million and forgiveness of outstanding amounts owed by NewBridge Global Ventures, Inc. to Sam Mac amounting to $0.58 million. In a related transaction, NewBridge Global Ventures, Inc. has signed an agreement to sell off its entities related to marijuana operations, and as a result of the sale, the company will no longer have any operations in the marijuana industry. Sam Mac will step down from his position as Chief Operating Officer of NewBridge Global Ventures, Inc., but will continue as a Director. Sam Mac cancelled the acquisition of 5Leaf, LLC from NewBridge Global Ventures, Inc. (OTCPK:NBGV) on December 9, 2020.