Schyan Exploration Inc. announces that it has entered into a non-binding letter agreement with George Hackney, Inc. d.b.a. Trulieve whereby the Company and Trulieve have agreed to merge their respective businesses resulting in a reverse takeover of the Company by Trulieve and change of business of the Company from a mining issuer to a marijuana issuer. Concurrently with the closing on the Transaction the resulting issuer will apply to have its shares listed on the Canadian Securities Exchange. Accordingly, the Transaction is subject to the approval of the CSE.

 

Trulieve is a vertically integrated ‘seed-to-sale’ company and is the first and largest fully licensed medical marijuana company in the state of Florida. Trulieve cultivates and produces all of its products in-house and distributes those products to Trulieve branded stores throughout the state of Florida as well as directly to patients via home delivery.

 

As a vertically integrated company with a patient-first mantra, Trulieve has developed a suite of Trulieve branded products with over 80 SKUs including flower pods for vaporizing, concentrates, topicals, capsules, tinctures, and vape cartridges.

 

Headquartered in Quincy, Florida, Trulieve is focused on being the brand leader for quality medical cannabis products and service in Florida and beyond. Trulieve employs over 800 people and is committed to providing patients a consistent and welcoming retail experience across Trulieve branded stores.

 

Trulieve intends to continue to focus on penetrating the Florida market with plans to open an additional 15 Trulieve branded stores by January 2019. In addition, Trulieve is focused on leveraging its manufacturing and retail expertise to expand into other states in the United States.