DionyMed Brands Inc. (CNSX:DYME) signed a binding term sheet to acquire Pioneer Valley Extracts, LLC for $0.55 million on January 22, 2019. DionyMed Brands Inc. signed a membership interest purchase agreement to acquire Pioneer Valley Extracts, LLC on February 14, 2019. The consideration of purchase price will be $0.55 million, consisting of $0.15 million in cash and $0.4 million in subordinate voting shares. The transaction is expected to close on May 31, 2019. The transaction is expected to close during third quarter 2019. Clark Jenna, Fleisher Jonathan, Fung Winda, Hogan Gregory, Mingay Cameron A., Phillips Jackson, Potter Carla and Tepperman Jesse of Cassels Brock & Blackwell LLP acted as legal advisor to DionyMed Brands Inc. (CNSX:DYME). DionyMed Brands Inc. (CNSX:DYME) cancelled the acquisition of Pioneer Valley Extracts, LLC on January 22, 2020.