Greenway Greenhouse Cannabis Corporation entered into letter of intent to acquire all of the outstanding shares of Mesa Exploration Corp. (TSXV:MSA) in a reverse merger transaction on July 11, 2018. Under the transaction, Mesa Exploration will issue 160 million of its common shares to acquire all of the outstanding shares of Greenway Greenhouse Cannabis Corporation. In addition to the shares issued under the transaction, as a condition to closing, Greenway Greenhouse also agreed to seek to raise not less than CAD 2.25 million pursuant to a non-brokered equity offering to be completed by way of private placement on the terms determined by Greenway. The proceeds raised pursuant to the concurrent equity offering shall be used in connection with the completion of the transactions contemplated by acquisition, the conversion of the sunrite facility into a cannabis cultivation facility and general operating expenses. On completion of the transaction, participants in the concurrent equity offering will receive one share of Mesa exploration for every one share of Greenway Greenhouse acquired pursuant to the concurrent equity offering. The name of the resulting issuer will be Greenway Greenhouse Cannabis Corporation.

Foster Wilson will continue with Mesa Exploration in the capacity of Director but that, effective the closing of the contemplated transaction, all other current Directors and Officers of Mesa Exploration including Joe Chan, Greg French, Brian Kirwin and Larry Kornze would resign. Greenway Greenhouse will be reconstituting its Board prior to the closing of the transaction. As of now the current Directors of Greenway Greenhouse are Jamie D'Alimonte and Carl Mastronardi. The transaction is subject to customary closing conditions including due diligence investigation, consummation of a private placement, completion of an independent greenhouse appraisal, entering into applicable definitive agreements, the acceptance of the acquisition by the TSX Venture Exchange and approval of shareholders of Mesa. The transaction is subject to number of conditions including but not limited to exchange acceptance and if applicable, disinterested shareholder approval. The transaction is also subject to applicable directors and shareholder approvals. The transaction is expected to close by early 2019.

Greenway Greenhouse Cannabis Corporation cancelled the acquisition of all of the outstanding shares of Mesa Exploration Corp. (TSXV:MSA) in a reverse merger transaction on February 13, 2019.