On August 30, 2021, Gaia Grow Corp. closed the transaction. The company issued 21,370,000 units for gross proceeds of CAD 1,068,500 in the transaction and issued 4,650,000 units for proceeds of CAD 232,500 in its second and final tranche. A total of 16,720,000 Warrants issued in connection with the initial tranche of the transaction expire on July 29, 2024, and 4,650,000 Warrants issued in connection with the final tranche of transaction expire on August 30, 2024. In connection with closing of the transaction, the company has paid a total of CAD 33,775 and issued 675,500 warrants to certain arms-length parties who have assisted by introducing subscribers to the company.