Arev Nutrition Sciences Inc. (CNSX:ARV) (‘Arev’) entered into a letter of intent to acquire Verified Plant Genetics for CAD 0.65 million on October 31, 2017. As consideration for Verified Plant Genetics, Arev will issue one share of its common stock for every 2.5 shares of Verified Plant Genetics. In addition, all 3.57 million Verified Plant Genetics warrants will be cancelled in exchange for the issue of 1.43 million Arev warrants, having such terms to be set out in the definitive agreement. The purchase includes MJ Laboratories Ltd. (including the 36.5 acre Lab and proposed education & training centre owned by it) and Dr. M Naturals Ltd., each a subsidiary of Verified Plant Genetics. Concurrently, Arev entered into a letter of intent to acquire a 6.32 acre Plant Science Centre in Errington, British Columbia. The acquisitions will be subject to the CSE policies, which may include CSE and shareholder approval, which will be contingent on satisfaction of a number of regulatory requirements and due diligence being conducted by Arev prior to the definitive agreement being executed. Arev has agreed to pay a finder's fee of up to 10% in the form of Arev common shares to an arm's length party for the introduction to the seller. Arev Nutrition Sciences Inc. (CNSX:ARV) (‘Arev’) cancelled the acquisition of Verified Plant Genetics on January 17, 2018.