---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-001069"
form_type: "8-K"
ticker: "CPMD"
cik: "0001081938"
company_name: "CANNAPHARMARX, INC."
filed_at: "2022-02-16T23:59:59+00:00"
generated_at: "2026-06-27T07:21:23.429562+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CannaPharmaRx signs LOI to acquire Oklahoma cannabis facility with $21M estimated annual revenue

## Summary
- Signed LOI to purchase 35,000 sq ft operating cannabis facility in Braman, OK; planned expansion to 65,000 sq ft by end of 2022.
- Acquisition via secured note; expected closing before March 31, 2022; includes license transfer.
- Facility estimated to generate ~$21M annual revenue; combined with Cremona facility projects $40-50M revenue.
- Oral offtake commitments obtained; CEO expects significant revenue recognition in early Q2.

## SEC filing metadata
- accession: 0001683168-22-001069
- form_type: 8-K
- ticker: CPMD
- cik: 0001081938
- company_name: CANNAPHARMARX, INC.
- filed_at: 2022-02-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1081938/000168316822001069/0001683168-22-001069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1081938/000168316822001069/cannapharmarx_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-001069
- JSON: https://secwatch.observer/filing/0001683168-22-001069.json
- Plain text: https://secwatch.observer/filing/0001683168-22-001069.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.