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CannaSold has recorded a Record-Breaking Sale for a Cannabis Dispensary in San Diego, California. For Immediate Release: San Diego Health and Wellness Center, Inc. On February 16, 2018, the company was acquired by MM Enterprises USA, LLC and all of the assets (except certain excluded assets) of San Diego Health and Wellness Center, Inc., dba Apothekare, a California non-profit mutual benefit corporation ( SD Health ) and the rights to operate and manage SD Health from SDHW Management, LLC, a California limited liability company ( SDHW Management ). The acquisition was accounted for in accordance with IFRS 3, Business Combinations ( IFRS 3 ). The assets consisted primarily of the city of San Diego issued dispensary license, customer relationships and fixed assets. The following table summarizes the consideration for the acquisition: Cash Paid $11,600,000 For the Purchase Price $11,600,000: Fixed Assets $200,000 Intangible Assets: Customer Relationships $2,545,300 Dispensary License $6,743,600 Total Identifiable Net Assets $9,488,900 Goodwill $2,111,100 Final Accounting Estimates of Net Assets Acquired $11,600,000. Are you looking for Investment, or are you Selling your Cannabis Business - visit https://www.CannaSold.com