Further DD ...As I was saying .... the # of items o/s is an issue.
June 26/17 – enter cannabis market
LGP – 14.21% …… $4.75M approx
sep 26/17 binding term sheet (initial 4.99%)
oct 5 agreement
oct 12 close – TSX approval ………………………………. 17 days (initial)
TRICHO – 49% + 5% ….. $4.05M
oct 31/17 option agreement
dec 6 TSX (c)
dec 18 close – TSX approval ………………………………. 49 days (1 mth-19)
GCL – 30% + 5% .. $4.5M ($2.5M + $2M for 5%)
jan 26/18 LOI (scd)
may 14 agreement / docs to TSX
jun 21 TSX (c)
aug 30 close
sep 20 TSX approval ………………………………………… 238 days (7 mth-26)
ETEA – 20% ……. ? *LG-new HOLDCO
nov 1/17 LOI ……………………………………………………. OUTSTANDING
433 days (14 mths-7)
CRESO partnership
nov 9/17 LOI ……………..……………………………………… OUTSTANDING
425 days (14 mth)
CLV – 33% ……… $231K (initial – no other figures disclosed)
nov 29/17 LOI joint venture
apr 18/18 TSX (c) ……………………………………………….. OUTSTANDING
TSX approval pending 405 days (13 mth-10)
EB – 49% + 5% …. $4.7M + 5% price ? *LG-new cdn parent co
mch 12/18 LOI (scd) ……………………………………………… OUTSTANDING
302 days (10 mths fri)
VIRIDI – 30% + 5% (10 yr) ………… $4.02M
jly 1/18 binding agreement
oct 29 agreement / docs to TSX
dec 12 close / final doc to TSX …………………………….. OUTSTANDING
TSX approval pending 191 days (6 mths-7)
EJOINT – 47% …. $7.153M
nov 12/18 agreement / docs to TSX ………………………….... OUTSTANDING
TSX approval pending 57 days (1 mth-27)