Investor Presentaiton
Acquisition Terms
Acquisition
consideration
Timing
Restraints
Additional terms
LGP has acquired LGP Denmark (including the Denmark Facility) for C$20 million (A$21.4 million¹) payable in
cash as follows:
C$10 million (A$10.7 million¹) Initial Consideration paid on Completion; and
C$10 million (A$10.7 million¹) payable in 12 months pursuant to a retained loan at an imputed interest rate
of 12.5%
Purchased on a cash-free, debt-free basis with final purchase price adjusted on a dollar-for-dollar basis for all
cash on hand at Completion
The acquisition Completed on Monday, 21 June 2021
Canopy restrained from producing and exporting from Denmark and selling medicinal cannabis flower into
Denmark for a period of 24 months from Completion, and from purchasing medicinal cannabis flower from
third parties in Denmark for 12 months from Completion
Canopy to provide LGP:
a licence to allow LGP to use the four medicinal cannabis cultivars currently produced by the Denmark
Facility for a period of 12 months; and
transitional IT services
1. CADAUD: 1.07
little
green
pharma
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