MYM Nutraceuticals has completed the purchase of SublimeCulture Inc. with the acquisition of 250,000 class A shares of SublimeCulture Inc. being the final remaining 25% of SublimeCulture Inc.'s total issued and outstanding share capital. The Company now owns 100% of the cannabis cultivator.
SublimeCulture Inc. is a Health Canada licensed cannabis cultivator located in Laval, Quebec. Its facility is an indoor cannabis operation that is currently cultivating specialty "craft" cannabis varieties. Included is a mothering and cloning area allowing for genetic development and archiving.
In exchange for the remaining 25% of SublimeCulture Inc., MYM paid $250,000 and 5,150,000 MYM common shares.