LQR House acquires ~9.9% of Cannon Estate Winery for 750,000 shares valued at $3M

LQR House Inc.

Acquired 113,085 common shares of Cannon Estate Winery from a majority shareholder/director.
Issued 750,000 unregistered LQR shares valued at $4 each ($3M total) under Section 4(a)(2).
Cannon Estate Winery has 20 acres under vine with 16 varietals in Abbotsford, British Columbia.
CEO Sean Dollinger plans to boost Cannon's online presence and expand LQR brands in Canada.
Transaction closed May 19, 2024; seller also executed adoption agreements with Cannon.

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