AREV Brands International Ltd. (CNSX:AREV) entered into purchase and sale agreement to acquire certain assets of Canna Gold Inc. for CAD 1.3 million on January 16, 2019. Under the terms of the transaction, AREV Brands International will issue to Jeff Mischuda of 4 million common shares of AREV Brands International. When gross sales revenues of the retail inventory of the assets reach a minimum of CAD 1 million as reported in the interim or year end financial statements of the issuer, the issuer will pay to Jeff Mischuda the lesser in value of 1 million common shares at the closing price on the date of Sedar filing or that number of shares having an aggregate deemed value of CAD 0.5 million. The assets comprise of Canna Gold brand, assembly and production methods for Canna Gold products; Canna Gold products - vaporizers, tinctures, etc.. all web and trade dress and packaging; and all marketing and selling method, styles, designs and practices.