Cannaworld Ventures Inc. entered into an agreement to acquire Soma Labs Scientific Inc from World Class Extractions Inc. (CNSX:PUMP) on April 28, 2022. Pursuant to the Agreement, the Company sold 100% of the issued and outstanding common shares of
Soma Labs in exchange for 15,000,000 common shares in the capital of CannaWorld. Shimmy Posen of Garfinkle, Biderman LLP acted as legal advisor to World Class Extractions, Inc. Jeff Durno of Cassels Brock & Blackwell LLP acted as legal advisor to Cannaworld Ventures Inc.

Cannaworld Ventures Inc. completed the acquisition of Soma Labs Scientific Inc from World Class Extractions Inc. (CNSX:PUMP) for CAD 0.64 million on April 28, 2022.