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Thoughtful Brands Inc.: Thoughtful Brands Merger with Franchise Cannabis Terminated VANCOUVER, BC / ACCESSWIRE / March 8, 2021 / Thoughtful Brands Inc. (CSE:TBI)(FSE:1WZ1)(OTCQB:PEMTF) (the Company or Thoughtful Brands) announces that the letter of intent with Franchise Cannabis Corp. ( FCC ), previously announced in January, has been terminated. The previously announced European joint venture with FCC will continue and allow the Company to launch and tailor its products to European consumer demands. In connection with termination of the merger transaction with FCC, the Company has agreed to pay FCC $100,000 in cash and to issue FCC 5,000,000 common shares of the Company at a deemed value of $0.05 per share. The common shares will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.

United statesBritish columbiaRyan hogganJoel shackerFranchise cannabis corpNeither the canadian securities exchangeThoughtful brands incCompany or thoughtful brandsCanadian securities exchangeRegulation services providerThoughtful brandsFranchise cannabisNote regarding forward looking statementsNorth americaஒன்றுபட்டது மாநிலங்களில்பிரிட்டிஷ் கொலம்பியா