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File: 2018-12-14 Tidal Royalty Terminates CannaRoyalty LOI.docx
Tidal Royalty Corp. Terminates Letter of Intent with CannaRoyalty Corp.
Toronto, Ontario - December 14, 2018. Tidal Royalty Corp. (CSE: RLTY.U) ("Tidal Royalty") announces that effective im
--->mediately it has terminated the letter of intent ("LOI") with CannaRoyalty Corp. announced August 27, 2018 with respec
--->t to the acquisition of a royalty entitlement and equity interest in Alternative Medical Enterprises, LLC. Tidal Royal
--->ty has decided not to proceed with the transaction contemplated by the LOI following completion of its due diligence i
--->nvestigation.
About Tidal Royalty
Tidal Royalty provides royalty financing to the U.S. regulated cannabis industry. Led by an executive team with extens
--->ive industry experience in Canada and the U.S., Tidal Royalty provides operators with the funding they need to grow th
--->eir business. Operators benefit from non-dilutive capital and investors get top-line access to a diversified portfolio
---> of companies that will form the future of this transformative industry.
For further information, please contact:
Tidal Royalty Corp. Terry Taouss, President Email: terry@tidalroyalty.com
This release does not constitute an offer for sale of, nor a solicitation for offers to buy, any securities in the Uni
--->ted States.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts resp
--->onsibility for the adequacy or accuracy of this release.
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