secwatch.observer — SEC 8-K summary
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Issuer:     Can B Corp (NASC)
CIK:        0001509957
Form:       8-K
Filed at:   2021-09-30T23:59:59+00:00
Accession:  0001493152-21-024216
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Can B Corp subsidiary enters month-to-month lease for hemp processing facility at $22,250/mo
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- CO Botanicals, LLC (wholly-owned subsidiary of Can B Corp) leases two Fort Morgan, CO properties from Sunflower Bank, N.A.
- Lease effective Sept 1, 2021, month-to-month term, cancellable by either party with 30 days' notice.
- Base rent $22,250/month plus $22,250 security deposit; unpaid amounts accrue 18% interest.
- Tenant responsible for routine maintenance, utilities, personal property taxes, and insurance ($2M aggregate liability).
- Premises used exclusively for processing and storage of industrial hemp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509957/000149315221024216/0001493152-21-024216-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509957/000149315221024216/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-024216

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