Close the acquisition of assets and facilities in Cremona, Alberta
Not delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 12 Jan 2021
- Due
- 28 Feb 2021
- Checked
- 24 Oct 2026
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction, subject to certain closing conditions, is scheduled to close in February 2021.”
What we found
Evidence strength A What the grades mean
The company failed to close the acquisition in February 2021 as scheduled; subsequent filings indicate the transaction remained pending or was in dispute throughout 2021.
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A Cannapharmarx, Inc. 10-K filed 2021-04-14
“On March 29, 2021, the Company received the acceptance our Offer to Purchase certain assets and facilities located in Cremona, Alberta, Canada.” ✓ confirmed on the page
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A Cannapharmarx, Inc. 10-Q filed 2021-05-17
“The Company is in discussions with Sunniva, as well as an investment banker who received deposits from the Company, about recovering all or a portion of its deposits” ✓ confirmed on the page
Market reaction: the shares moved -5.3% against the S&P 500 over the three sessions around the disclosure (13 Apr 2021 to 16 Apr 2021). What this measures
Checked 24 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Cremona, Alberta assets and facilities
- Where
- Cremona, Alberta
- Language
- Firm (“will”, “on track to”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to certain closing conditions
- Depends on
- Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
- Third check on a negative finding: agreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-CPMD-021963 · Corrections policy