PURE HARVEST CORPORATE GROUP, INC. : Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets (form 8-K)

Item 1.01 Entry Into a Material Definitive Agreement.

On September 29, 2020 the Company acquired all of the assets of Solar Cultivation Technologies, Inc. ("SCT") for 1,200,792 shares of the Company's common stock. At the time of the acquisition the Company owned a majority of SCT's outstanding shares. As a result, 742,395 shares were issued to the Company and the Company retired these shares upon issuance.

SCT provides commercial cannabis cultivators with solar, battery storage, and high-efficiency lighting.

On November 12, 2020, the Company contributed all of the assets of SCT to DC Energy Group, LLC ("DCEG") in exchange for $200,000 and a forty percent (40%) membership interest in DCEG. The Company then made a capital contribution of $200,000 to DCEG to fund DCEG's initial operations.

Item 2.01 Completion of Acquisition of Disposition of Assets.

The information set forth in Item 1.01 is incorporated into this Item 2.01 by reference.

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