Beleave Inc. (CNSX:BE) entered into a non-binding letter of intent to acquire TerraFarma, Inc. on August 7, 2019. The precise structure of the transaction, including the exact exchange ratio of Beleave securities for TerraFarma securities has yet to be finalized. The transaction is subject to customary conditions precedent, including but not limited to, obtaining all required regulatory and third-party approvals, the completion of satisfactory due diligence, and the entering into of a definitive agreement.