PharmaCan Capital Corp. Acquires Peace Naturals Project Inc.
|Areas||Banking and Finance Law, Cannabis, Corporate and Commercial, Health Care Law, Mergers and Acquisitions|
Goodmans represented Peace Naturals Project Inc. (“Peace”), in connection with its acquisition by PharmaCan Capital Corp. (TSX VENTURE:MJN) (“PharmaCan”) through its wholly-owned subsidiary, Hortican Inc. ("Hortican") of all of the outstandiing shares that Hortican didn't already own. The Barnes Family Trust, the largest shareholder of Peace has agreed to sell all of its shares of Peace. This acquisition by PharmaCan makes it the first Canadian company to own and operate licensed producers of marijuana (“LPs”) under the “ACMPR” in both Ontario and British Columbia.