Hemp for Health Inc. (CNSX:HFH) signed letter of intent to acquire Pacific Hemp Company Pty Ltd for CAD 10 million on February 4, 2021. Hemp for Health Inc. will issue 100 million shares ad consideration, subject to final financing amount. On April 7, 2021, the letter of intent has been amended which extends the due diligence and exclusivity period to, and provides for the execution of a definitive agreement, on or before May 17, 2021. In consideration of the extension, Pacific Hemp will advance CAD 0.1 million to the Hemp for Health as a refundable deposit, should the transaction not close. The transaction is subject to certain conditions including satisfactory due diligence, finalizing definitive agreement, approval from Canadian Stock Exchange, shareholders of Hemp for Health Inc. and change in directors of Hemp for Health Inc. Hemp for Health Inc. (CNSX:HFH) cancelled the acquisition of Pacific Hemp Company Pty Ltd on May 17, 2021.