Canna Security America Inc. agreed to acquire Asta Holdings, Corp. in a reverse merger transaction on March 10, 2015. As of March 25, 2015, Canna Security America (CSA) entered into a merger and exchange agreement to acquire Asta Holdings, Corp. in a reverse merger transaction. Under the terms of the agreement, CSA will transfer 1.13 million units to Asta in exchange for issue of 5.04 million shares of Asta. As a result of the transaction, Asta's name will be changed to CSA Holdings, Inc. Daniel C. Williams will now serve as President at Asta. Board of Directors of ASta will consist of three directors and CSA will designate three persons to the Board, at least one of whom will qualify as an independent Director. The deal is subject to Asta raising $1.1 million via the sale of preferred stock, a forward split of Asta's common stock at a ratio of 1-to-13.8, amendment of Articles of Incorporation of Asta, Asta receiving 2014 and 2013 CSA audited financial statements, hiring a Chief Operating Officer, George Furlan, Director and shareholder cancelling 7.49 million shares of Asta, written consent from CSA members and CSA repurchasing 0.13 million units from certain members. On June 30, 2015, Asta Holdings and Canna Security entered into an amendment agreement under which Asta Holdings will change its name to CSA Holdings, Inc. An amendment in the closing condition was made according to which, articles of incorporation of Asta Holdings must be amended to have authorized share capital of 520 million shares. The closing date of the transaction was extended from June 30, 2015 to July 17, 2015.

The deal is expected to be completed three business days after all of the closing conditions have been satisfied or waived. Laura Anthony at Legal & Compliance, LLC acted as the legal advisor for Asta and Steven N. Levine of Husch Blackwell LLP acted as the advisor for CSA.

Canna Security America Inc. completed the acquisition of Asta Holdings, Corp. in a reverse merger transaction on August 7, 2015.