Emerald Health Therapeutics Inc EMHTF

RE:RE:RE:RE:so what does this mean to us shareholders?

[DanielDarden123]

Emerald has also entered into a sublease agreement ("Sublease Agreement") and a cultivation agreement ("Cultivation Agreement") with EHS. Pursuant to the Sublease Agreement, Emerald has agreed to sublease 12 acres of land in Metro Vancouver ("Subleased Land") to EHS for which EHS agreed to pay Emerald rent equal to the amount that Emerald pays to the head-landlord for the Subleased Land. Emerald and EHS have also entered into the Cultivation Agreement, pursuant to which EHS granted Emerald the right to cultivate cannabis, for the sole benefit of Emerald, on the Subleased Land. In exchange for this right, Emerald agreed to waive the amounts payable by EHS under the Sublease Agreement. Through these agreements, Emerald is able to obtain all the benefit from the licence Health Canada has granted to EHS to cultivate cannabis on the Subleased Land. (Oct.4/19)

My take: Conflicts of interest are always messy and never benefit shareholders! Both of the announced changes benefit EHS (the controlling shareholder). Interesting that EHS holds the licence (not EMH).