LFTD Partners enters into five LOIs to acquire cannabis/hemp/real estate businesses for approx 7.6M shares

LFTD PARTNERS INC.

LOIs target marijuana craft grow, transport, and infuser licenses in Illinois; real estate in Rockford; and hemp/retail brands (Mrs. Buckbee's, District, Half Baked).
Aggregate consideration up to 7,635,925 unregistered LIFD shares across four acquisition LOIs, plus board/executive changes.
Board to expand to 10; JM appointed; new 5-year employment agreements for GMJ, NSW, WCJ, JM, EC with performance-based salary increases.
Closing conditions include license transfers, regulatory approvals (IL, SEC), lender consent from Surety Bank, and audited financials for hemp/retail.
Either party may terminate if conditions not met by March 15, 2025; parties may extend deadline if good faith efforts ongoing.

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