Ikänik Farms, Inc. entered into a definitive agreement to acquire Delta 9 Corporation Mexico S.A. de C.V. on June 23, 2020. Under the Agreement between Ikänik and D9C, the shareholders of D9C agreed to transfer to Ikänik all outstanding shares of D9C in exchange for consideration of up to 10 million common shares of Ikänik. The Ikänik shares are to be transferred in the amounts and subject to the completion of the following conditions: (i) within 10 business days following the receipt of certain regulatory, assignment, corporate and tax documentation each as deemed satisfactory by Ikänik, 5 million Ikänik shares shall be delivered ratably to the former shareholders of D9C. (ii) within 10 business days following the receipt of certain corporate documents, import registrations and certifications and receipt of seeds as deemed satisfactory by Ikänik, 3 million Ikänik shares shall be delivered ratably to the former shareholders of D9C. (iii) and within 10 business days following the delivery to Ikänik of a copy of validly issued seed and genetic registration certificates and a cultivation permit satisfactory by Ikänik, 2 million Ikänik shares shall be delivered ratably to the former shareholders of D9C. If the satisfaction of each of the conditions above does not occur within 18 months from the effective date of the agreement each of the former shareholders of D9C will transfer the Ikänik Shares back to Ikänik. As per article on June 17, 2021, Ikänik announces That it has completed the first condition i.e. within 10 business days following the certain corporate documents, import registrations and certifications and receipt of seeds as deemed satisfactory by Ikänik, 2,000,000 Shares shall be delivered ratably to the Transferring Shareholders. Ikänik Farms, Inc. completed the acquisition of Delta 9 Corporation Mexico S.A. de C.V. on June 27, 2020.