Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS

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SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2019
Notes to Financial Statements  
NOTE 20. SUBSEQUENT EVENTS

Debt and Interest Converted into Equity

 

Subsequent to March 31, 2019, senior convertible promissory notes and accrued interest in the amount of $1.20 million and $0.05 million, respectively, were converted into 1,809,611 shares of common stock.

 

Other

 

On May 8, 2019, the Company and Picksy LLC agreed upon an asset purchase agreement where the Company would sell the assets of the Company related to its dispensary located at 1130 Desert Inn Road, Las Vegas, NV 89109 for $10.00 million.