Organic Flower Investments Group Inc. (CNSX:SOW) entered into a definitive agreement to acquire 80% stake in CanaBeer for CAD 3.5 million on May 6, 2019. Under the terms of the definitive agreement, Organic Flower will acquire 80% of all the issued and outstanding shares in the capital of CanaBeer in exchange for an aggregate of 9.166 million common shares in the capital of the Company, based upon the five-day VWAP of Organic Flower's common shares for the five trading sessions prior to the announcement of the definitive agreement (the "Payment Shares"). The Payment Shares issuable on the acquisition of 80% of CanaBeer are subject to a hold period of four months and one day. The closing of this acquisition is subject to regulatory approval. A finder's fee is payable on this transaction. Organic Flower Investments Group Inc. (CNSX:SOW) completed the acquisition of 80% stake in CanaBeer on June 10, 2019.