Tidal Royalty Corp. (CSE:RLTY) announced it has terminated, effective immediately, a letter of intent with CannaRoyalty Corp on the acquisition of an interest in Alternative Medical Enterprises LLC.
The acquisition was announced on August 27, 2018.
Tidal Royalty said it has decided not to proceed with the transaction following completion of its due diligence investigation. There were no further details.
Tidal Royalty provides royalty financing to the US regulated cannabis industry. The company provides operators with the funding they need to grow their business.
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