CRZ closes $3 mm sale and now has $40 mm in ACB sharesWatch for the Form 7 September filing to come out late this week or early next week. CRZ held 3 mm ACB shares and 1 mm ACB warrants now valued at $40 mm Cad (app) and they could have sole them on the September run or if they held them they may want to sell them in the coming run to the US midterms where the Dems should regain Congress and thereby legalize MJ. We would run 100 to 300% on that news imo. CannaRoyalty inks definitive deal for Wagner share sale 2018-10-03 09:26 ET - News Release Also News Release (C-AUSA) Australis Capital Inc Mr. Marc Lustig of CannaRoyalty reports CANNAROYALTY FINALIZES AGREEMENT WITH AUSTRALIS CANNABIS FOR SALE OF ITS EQUITY INTEREST IN WAGNER DIMAS CannaRoyalty Corp. has finalized a definitive agreement with Australis Capital Inc. whereby Australis will purchase 2.2 million common shares in the capital of Wagner Dimas Inc. from Cannroy Delaware Inc., a wholly owned subsidiary of CannaRoyalty. The Agreement replaces the letter of intent signed by the parties on September 17, 2018. "As CannaRoyalty continues to grow and build a solid presence in California as a cannabis brands company and a major third-party distributor, our focus has been concentrated on realizing value from assets that are non-core to our business. This Agreement cements this stated strategy. The approximately 182% return on investment from the sale of our equity stake in Wagner Dimas reinforces our commitment to generate significant returns for shareholders and fund accretive growth in our key markets in North America," commented Marc Lustig, Chairman and CEO of CannaRoyalty. Transaction Summary: Pursuant to the Agreement, Australis has agreed to purchase Cannroy Delaware's 22% equity interest in Wagner Dimas. As consideration for the Share Purchase, Australis shall pay C$3,000,000, as follows: (a) C$1,500,000 in cash; and (b) C$1,500,000 of the Purchase Price will be paid by Australis issuing 738,916 units ("Units") at a deemed price of CAD$2.03 per Unit. Each Unit will consist of one common share in the capital of Australis (each, a "Australis Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to purchase an additional Australis Share at a price of CAD$2.64 per Australis Share for a period of two years. The Agreement is subject to customary closing conditions. About Wagner Dimas Wagner Dimas is a Nevada corporation which develops technology for large scale manufacturing in a variety of applications including production scale rolling machines to mass manufacture hemp and cannabis pre-rolls and cones. Wagner Dimas licensees have experienced significant demand for both its co-packing and contract manufacturing services with over 40 of the largest cannabis brands, dispensaries and cultivators, tapping Wagner Dimas' propriety hardware to produce unparalleled quantity and quality of finished product