10:13 AM EST - Tidal Royalty Corp. : Announced it has entered into a binding letter of intent to acquire certain assets that are strategic to Tidal Royalty from CannaRoyalty Corp. (CSE: CRZ) (OTC: CNNRF), a leading North American cannabis products and brands company. Pursuant to the Agreement, Tidal Royalty will acquire a royalty entitlement and equity interest in Alternative Medical Enterprises, LLC, doing business as AltMed, a leading multi-state, vertically-integrated operator. The aggregate consideration for the acquisition is C$8 million, in a combination of cash and Tidal Royalty's stock. Tidal Royalty Corp.
shares RLTY.U:CNX are trading off 3.09 percent at $0.47.