NOTE 5 ACQUISITION OF SUN VALLEY (Tables)

12 Months Ended

Dec. 31, 2020

NOTE 5 ACQUISITION OF SUN VALLEY

Historical financial information

Assets Acquired	$
Cash and cash equivalents		94,090
Accounts receivable		366
Total current assets		94,456
Security deposits		19,753
Property and equipment		124,811
Right-of-use assets		431,544
Patient list		171,243
Brands		184,996
		1,026,803
Liabilities Assumed
Accounts payable and accrued liabilities		35,281
Lease liability		150,342
Total current liabilities		185,623
Lease liability		281,202
Net assets at fair value, as at April 30, 2019		559,978
Consideration
Fair value of 7,703,543 common shares issued		1,001,458
Fair value of 14,705,882 Escrow Shares		1,142,108
Cash		787,318
Promissory note		123,709
Total Consideration		3,054,593
Goodwill		2,494,615