Document:

Exhibit 10.4

 

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GENERAL SECURITY AGREEMENT

 

THIS AGREEMENT is made as of the _____
day of October, 2015,

 

BETWEEN:

 

2264793 ONTARIO INC.

 

(the “Debtor”)

 

- and -

 

AVONLEA VENTURES INC.

 

(the “Secured Party”).

 

WHEREAS the Debtor is the registered
and beneficial owner of the lands and premises municipally known as 98-102 Rutherford Road South, Brampton, ON (as legally described
in Schedule “A” attached hereto, the “Property”);

 

AND WHEREAS the Secured Party agreed
to loan Canadian Cannabis Corp. (“CCC”) the sum of $1,000,000 (the “Loan”);

 

AND WHEREAS in order to induce the Secured
Party to advance the Loan to CCC the Debtor agreed to guarantee the obligations of CCC to the Secured Party (including, without
limitation, the obligations of CCC under a promissory dated as of the date hereof) pursuant to a guarantee made by the Debtor in
favour of the Secured Party dated as of the date hereof (the “Guarantee”);

 

AND WHEREAS the Debtor’s obligations
pursuant the Guarantee are secured by a charge/mortgage registered against the Property in favour of the Secured Party on or about
the date hereof in the Land Titles Division of the Peel Registry Office (the “LRO”) (such charge/mortgage as
it may be amended, modified, renewed, replaced, extended, supplemented and/or restated from time to time, the “Charge;

 

AND WHEREAS in consideration of the
Secured Party making the Loan to CCC, the Debtor agreed to provide this Agreement to the Secured Party as security collateral to
the Charge;

 

NOW THEREFORE THIS AGREEMENT WITNESSETH
that in order to further secure the Debtor’s obligations pursuant to the Loan, and in consideration of the advance of the
Loan secured by the Charge (the receipt and sufficiency of all of which are hereby acknowledged), the Debtor covenants and agrees
as follows:

 

1.           Definitions.
In this Agreement, unless something in the subject matter or context is inconsistent therewith, the following words and phrases
shall have the following respective meanings:

 

		(a)	“Agreement” means this agreement and all amendments made thereto by written
agreement between the Secured Party and the Debtor, and the terms “this Agreement”, “hereof”,
“hereunder” and similar expressions refer to this Agreement and not to any particular section, subsection or
other portion hereof and include any agreement supplemental hereto;

 

		(b)	the terms “accessions”, “Account”, “Chattel Paper”,
“Documents of Title”, “Equipment”, “Goods”, “Instrument”,
“Intangible”, “Inventory”, “Money”, “Proceeds” and
“Security” whenever used herein shall have the meanings given to those terms in the PPSA, provided always that
the term “Goods” when used herein shall not include “consumer goods” of the Debtor as the term is defined
in the PPSA;

 

		(c)	“Books and Records” means all books, papers, accounts, invoices, documents and
other records in any form evidencing or relating to any of the Collateral, and all contracts, securities, instruments and other
rights and benefits in respect thereof;

 

		(d)	“Charge” shall have the meaning ascribed thereto in the recitals hereof;

 

		(e)	“Collateral” means all of the present and future undertaking and property, both
real and personal, of the Debtor located at, relating only to, or used only in connection with, the Property, or which is necessary
to the use and operation of the Property including, without limitation, all right, title and interest that the Debtor now has or
may hereafter have, be possessed of, be entitled to or which may hereafter be acquired by the Debtor in Accounts, Inventory, Equipment,
Chattel Paper, Documents of Title, Securities, Intangibles, Money, Books and Records and all replacements of, substitutions for
and increases, additions and accessions to the foregoing, together with all Proceeds thereof, and any reference to “Collateral”
shall be deemed a reference to Collateral or any part thereof;

 

     

     

    

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		(f)	“Event of Default” shall have the meaning ascribed thereto in the Charge, subject
to all provisions of the Charge relating thereto including, without limitation, all notice requirements and curative provisions
and, for greater certainty but without in any way limiting the generality of the foregoing, an Event of Default shall be deemed
to have occurred, but subject to the applicable notice and curative rights set out in the Charge, if the Debtor fails to perform
any covenant contained in this Agreement or if any of the representations or warranties of the Debtor contained in this Agreement
are incorrect, untrue, inaccurate or misrepresented in any material respect when given or made or deemed to have been given, made
or repeated;

 

		(g)	“Loan” shall have the meaning ascribed thereto in the recitals hereof;

 

		(h)	“Obligations” means all obligations of the Debtor to the Secured Party in respect
of the Property or pursuant to the Charge or any additional security now or hereafter held by the Secured Party in respect of the
obligations secured by the Charge including, without limitation, all debts and liabilities, present and future, direct and indirect,
absolute and contingent, matured and not, whenever and howsoever incurred, in any currency at any time owing by the Debtor to the
Secured Party or remaining unpaid by the Debtor to the Secured Party and whether the same is from time to time reduced and thereafter
increased or entirely extinguished and thereafter incurred again and whether arising from dealings between the Secured Party and
the Debtor or from other dealings or proceedings by which the Secured Party may be or become in any manner whatsoever a creditor
of the Debtor and wherever incurred and whether incurred by the Debtor alone or with another or others and whether as principal
or surety, including all interest, commissions, legal and other costs, charges and expenses;

 

		(i)	“Person” means any natural person or artificial body (including, among others,
any firm, corporation or government);

 

		(j)	“PPSA” means the Personal Property Security Act (Ontario) as now enacted
and as the same may be amended, re-enacted or replaced from time to time, and all regulations thereunder; and

 

		(k)	“Receiver” means a receiver, receiver and manager or any similar Person appointed
in accordance with Section 5(b)(ii) hereof.

 

Unless otherwise defined herein or the context
otherwise requires, all capitalized terms used herein which are defined in the Charge shall have the meanings ascribed thereto
in the Charge.

 

2.           Security Interest.
As general and continuing security for the payment and performance of the Obligations, the Debtor hereby grants to the Secured
Party a security interest in the Collateral. For greater certainty, the security interest created hereby shall be operative as
a present, attached mortgage and charge of and security interest in any and all of the Collateral now owned by the Debtor and,
with respect to any and all of the Collateral acquired by the Debtor after the date hereof, shall be operative as a present mortgage
and charge of and security interest in such Collateral which shall attach as a first fixed and specific mortgage and charge of
and security interest in such Collateral as of the moment the Debtor acquires any rights or interests therein. The security interest
granted hereby shall not extend or apply to and Collateral shall not include the last day of the term of any lease or agreement
therefor, but upon the enforcement of the security interest created hereby, the Debtor shall stand possessed of such last day in
trust to assign the same to any person acquiring such term.

 

3.           Representations,
Warranties and Covenants of Debtor. The Debtor hereby represents, warrants and covenants to and with the Secured Party
as follows:

 

		(a)	the Debtor represents and warrants that it is a corporation duly incorporated, organized and subsisting
under the laws of the Province of Ontario, with the corporate power to enter into this Agreement, that this Agreement has been
duly authorized by all necessary corporate action on the part of the Debtor and constitutes a legal and valid agreement binding
upon the Debtor enforceable in accordance with its terms, and that the making and performance of this Agreement will not result
in the breach of, constitute a default under, contravene any provision of, or result in the creation of, any lien, charge, security
interest, encumbrance or any other right of others upon any property of the Debtor pursuant to any agreement, indenture or other
instrument to which the Debtor is a party or by which the Debtor or any of its property may be bound or affected;

 

		(b)	the Debtor represents and warrants that, except as otherwise provided in the Charge or disclosed
herein, all of the Collateral is the sole property of the Debtor free from all liens, charges, security interests, leases, encumbrances
and any rights of others which rank prior to or pari passu with the security interest granted hereby;

 

		(c)	the Debtor represents and warrants that the Debtor’s principal place of business and the
location of the office where it keeps its records respecting the Accounts is 100 Rutherford Road South, Brampton, ON L6W 2J2 and
all of the Collateral is located either at that address or at the Property;

 

		(d)	the Debtor covenants that it shall not without prior written notice to the Secured Party change
its principal place of business or the location of the office where it keeps its records respecting the Accounts;

 

     

     

    

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		(e)	the Debtor covenants that it shall maintain, use and operate the Collateral and carry on and conduct
its business in a lawful, prudent and business-like manner;

 

		(f)	the Debtor covenants that it shall defend the Collateral against all claims and demands respecting
the Collateral made by all Persons at any time and, except as otherwise provided herein, shall keep the Collateral free and clear
of all security interests, mortgages, charges, liens and other encumbrances or interests except those hereafter approved in writing
by the Secured Party prior to their creation or assumption;

 

		(g)	the Debtor covenants that it shall pay all rents, taxes, levies, assessments and government fees
or dues lawfully levied, assessed or imposed in respect of the Collateral or any part thereof as and when the same shall become
due and payable, and shall exhibit to the Secured Party, when required, the receipts and vouchers establishing such payment;

 

		(h)	the Debtor covenants that it shall from time to time forthwith at the request of the Secured Party
furnish to the Secured Party in writing all documents and information requested relating to the Collateral, and the Secured Party
shall be entitled from time to time, at any reasonable time, to inspect the Collateral and make copies of all information relating
to the Collateral and for such purposes the Secured Party shall have access to all premises occupied by the Debtor or where the
Collateral may be found;

 

		(i)	the Debtor covenants to keep the Collateral in good order, condition and repair and not to use
the Collateral in violation of the provisions of this Agreement, the Charge or any other agreement now or hereafter in effect between
the Debtor and the Secured Party and any agreement relating to the Collateral or any policy insuring the Collateral or any applicable
statute, law, by-law, rule, regulation or ordinance;

 

		(j)	the Debtor covenants to insure the Collateral for such periods, in such amounts, on such terms
and against loss or damage by fire and such other risks as the Secured Party shall reasonably direct and in conformity with the
insurance requirements contained in the Charge, with loss payable in the manner specified in the Charge, and to pay all premiums
therefor;

 

		(k)	the Debtor covenants that it shall from time to time forthwith at the request of the Secured Party
execute and deliver all such financing statements, schedules, assignments and documents, and do all such further acts and things
as may be reasonably required by the Secured Party to effectively carry out the full intent and meaning of this Agreement and/or
to better evidence and perfect the security interest granted hereby, and the Debtor hereby irrevocably constitutes and appoints
the Secured Party, or any Receiver appointed by the court or the Secured Party, the true and lawful attorney of the Debtor, with
full power of substitution, to do any of the foregoing in the name of the Debtor whenever and wherever the Secured Party or any
such Receiver may consider it to be necessary or expedient;

 

		(l)	the Debtor covenants that it shall not change its name and, if the Debtor is a corporation, shall
not amalgamate with any other corporation without obtaining the Secured Party’s prior written consent (such consent may be
arbitrarily withheld) and providing notice to the Secured Party of its new name and the names of all amalgamating corporations
and the date when such new name or amalgamation is to become effective;

 

		(m)	the Debtor covenants that it shall pay to the Secured Party forthwith upon demand all reasonable
costs and expenses (including, without limitation, all costs and expenses incurred by and in connection with a Receiver, all accounting
fees and expenses and all legal costs (on a solicitor and own client basis)) incurred by or on behalf of the Secured Party in connection
with the preparation, execution and perfection of this Agreement and the carrying out of any of the provisions of this Agreement
including, without limitation, protecting and preserving the security interest granted hereby and enforcing by legal process or
otherwise the remedies provided herein, and agrees that all such costs and expenses shall be added to and form part of the Obligations
secured hereunder; and

 

		(n)	the Debtor covenants that it shall ensure that the representations and warranties set forth in
this Section 3 shall be true and correct in all material respects at all times.

 

	4.	Dealing with Collateral.

 

		(a)	Dealing with Collateral by the Debtor. The Debtor shall not sell, lease or otherwise
dispose of any of the Collateral: (i) without the prior written consent of the Secured Party; or (ii) except as expressly permitted
under the Charge; or (iii) except in the ordinary course of its business and subject to the terms of the Charge, and all proceeds
of any such sale or disposition shall form part of the Collateral and shall continue to be subject to the security interest granted
hereby.

 

		(b)	Registration of Securities. The Secured Party may have any Securities registered
in its name or in the name of its nominee and shall be entitled but not bound or required to exercise any of the rights that any
holder of such Securities may at any time have, provided that until an Event of Default has occurred and is continuing, the Debtor
shall be entitled to exercise, in a manner not prejudicial to the interests of the Secured Party or which would violate or be inconsistent
with this Agreement, all voting power from time to time exercisable in respect of the Securities and shall be entitled to receive
all dividends or other distributions arising from the Securities. The Secured Party shall not be responsible for any loss occasioned
by its exercise of any of such rights or by failure to exercise the same within the time limited for the exercise thereof. The
Debtor shall from time to time forthwith upon the request of the Secured Party deliver to the Secured Party those Securities requested
by the Secured Party duly endorsed for transfer to the Secured Party or its nominee to be held by the Secured Party subject to
the terms of this Agreement.

 

     

     

    

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		(c)	Notification of Account Debtors. Either after or before an Event of Default occurs,
the Secured Party may give notice of this Agreement and the security interest granted hereby to any account debtors of the Debtor
or to any other person liable to the Debtor and further the Secured Party may, in its sole discretion, give notice at any time
after the occurrence of an Event of Default which is continuing to any such account debtors or other person to make all further
payments to the Secured Party, and any payment or other proceeds of Collateral received by the Debtor from account debtors or from
any other person liable to the Debtor, whether before or after any notice is given by the Secured Party, shall be held by the Debtor
in trust for the Secured Party and paid over to the Secured Party on request provided an Event of Default shall have occurred and
be continuing. In addition to and notwithstanding the foregoing the Secured Party shall have the rights referred to in Section
7.03 of the Charge.

 

		(d)	Purchase-Money Security Interests. The Debtor shall not, except as specifically permitted
by and subject to the terms of the Charge, or except in the ordinary course of its business in connection with the purchase or
lease of Inventory or Equipment up to a maximum aggregate amount of $500,000, be permitted to grant purchase-money security interests.

 

		(e)	Application of Funds. All money collected or received by the Secured Party in respect
of the Collateral may be applied on account of such parts of the Obligations as the Secured Party in its sole discretion sees fit,
or may be held unappropriated in a collateral account as ongoing security for the Obligations, or in the discretion of the Secured
Party may be released to the Debtor, all without prejudice to the Secured Party’s rights against the Debtor.

 

	5.	Default and Remedies.

 

		(a)	Events of Default. The Debtor shall be in default under this Agreement upon the occurrence
of any Event of Default, subject to all curative rights of the Debtor under the Charge.

 

		(b)	Remedies. Upon the occurrence of any Event of Default and at any time thereafter,
any or all of the Obligations shall at the option of the Secured Party become immediately due and payable or be subject to immediate
performance, as the case may be, without further demand or notice, both of which are expressly waived; the obligations, if any,
of the Secured Party to make further advances to the Debtor shall cease; any or all security granted hereby shall immediately become
enforceable at the option of the Secured Party, and the Secured Party shall have the rights and remedies set out below, all of
which rights and remedies shall be enforceable successively, concurrently and/or cumulatively at the option of the Secured Party,
subject to the provisions of the Charge relating to any of such rights and remedies of the Secured Party:

 

		(i)	the Secured Party may cease to make any further advances or disbursements of money or other credit,
including, without limitation, letters of credit, letters of guarantee or indemnities, available to the Debtor; further, the Secured
Party shall not be under any obligation to recommence advancing money or make available other credit until the Secured Party shall
have received such assurances as, in its sole discretion, it may require;

 

		(ii)	the Secured Party may appoint, by an instrument in writing delivered to the Debtor, a Receiver
of the Collateral, and remove any Receiver so appointed and appoint another or others in his stead, or institute proceedings in
any court of competent jurisdiction for the appointment of a Receiver, it being understood and agreed that:

 

		(A)	the Secured Party may appoint any Person as Receiver, including an officer or employee of the Secured
Party;

 

		(B)	such appointment may be made at any time either before or after the Secured Party has taken possession
of the Collateral;

 

		(C)	the Secured Party may from time to time fix the remuneration of the Receiver and direct the payment
thereof out of the Collateral; and

 

		(D)	the Receiver shall be deemed to be the agent of the Debtor for all purposes and, for greater certainty,
the Secured Party shall not be, in any way, responsible for any actions, whether willful, negligent or otherwise, of any Receiver,
and the Debtor hereby agrees to indemnify and save harmless the Secured Party from and against any and all claims, demands, actions,
costs, damages, expenses or payments which the Secured Party may hereafter suffer, incur or be required to pay as a result of,
in whole or in part, any action taken by the Receiver or any failure of the Receiver to do any act or thing;

 

     

     

    

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		(iii)	the Secured Party may, in accordance with its rights under the Charge, take possession of the Collateral
and retain it for so long as the Secured Party or a Receiver considers appropriate, receive any rents or profits from the Collateral,
and require the Debtor to assemble the Collateral and deliver or make the Collateral available to the Secured Party at such place
or places as may be specified by the Secured Party;

 

		(iv)	the Secured Party may require the Debtor, by notice in writing given by the Secured Party to the
Debtor, to disclose to the Secured Party the location or locations of the Collateral and the Debtor agrees to make such disclosure
when so required by the Secured Party;

 

		(v)	the Secured Party may carry on or concur in the carrying on of all or any part of the business
of the Debtor, in accordance with its rights under the Charge;

 

		(vi)	the Secured Party may enforce any rights of the Debtor in respect of the Collateral by any manner
permitted by law;

 

		(vii)	the Secured Party may repair the Collateral, process the Collateral and prepare the Collateral
for sale, lease or other disposition, whether on the premises of the Debtor or otherwise;

 

		(viii)	the Secured Party may sell, lease or otherwise dispose of or realize upon the Collateral at public
auction, by public or private tender, by private sale or otherwise, either for cash or upon credit, upon such terms and conditions
as the Secured Party may determine, and whether or not the Secured Party has taken possession of the Collateral, and without notice,
advertisement or other formality, all of which are hereby waived by the Debtor; any such sale may be made with or without any special
condition as to the upset price, reserve bid, title or evidence of title or other matter and from time to time as the Secured Party
in its sole discretion thinks fit, with power to vary or rescind any such sale or buy in at any public sale and resell without
being answerable for any loss; the Secured Party may sell the Collateral for a consideration either with or without taking security
for the payment of such installments and may make and deliver to any purchaser thereof good and sufficient deeds, assurances and
conveyances of the Collateral and give receipts for the purchase money, and any such sale shall be a perpetual bar, both at law
and in equity, against the Debtor and all those claiming an interest in Collateral by, from, through or under the Debtor;

 

		(ix)	the Secured Party or the Receiver may make any sale, lease or other disposition of the Collateral
in the name of and on behalf of the Debtor or otherwise;

 

		(x)	the Secured Party may retain the Collateral or any part thereof irrevocably by giving notice thereof
to the Debtor, it being agreed that to the extent permitted by law such retention shall reduce the amount of the Obligations by
an amount equal to the fair market value, as reasonably determined by the Secured Party, of the Collateral so retained;

 

		(xi)	the Secured Party may borrow money on the security of the Collateral for the purpose of the carrying
on of the business of the Debtor or for the maintenance, preservation, protection or realization of the Collateral, which security
may rank either prior or subsequent in priority to the security interest granted by this Agreement;

 

		(xii)	the Secured Party may file such proofs of claim or other documents as may be necessary or desirable
to have its claim lodged in any bankruptcy, winding-up, liquidation, dissolution or other proceedings (voluntary or otherwise)
relating to the Debtor; and

 

		(xiii)	the Secured Party may take any other action, suit, remedy or proceeding authorized or permitted
by this Agreement, the PPSA or by law or equity.

 

		(c)	Additional Provisions on Realization. The Debtor further agrees with the Secured
Party that:

 

		(i)	for the purposes of Section 5 of this Agreement, a reference to the “Secured Party”
shall, where the context permits, include any Receiver appointed in accordance with Subsection 5(b) hereof and the agents, officers
and employees of such Receiver;

 

		(ii)	the Secured Party shall not be liable or responsible for any failure to seize, collect, realize,
sell or obtain payment of the Collateral and shall not be bound to institute proceedings or to take other steps for the purpose
of seizing, collecting, realizing or obtaining possession or payment of the Collateral or for the purpose of preserving any rights
of the Secured Party, the Debtor or any other Person in respect of the Collateral;

 

     

     

    

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		(iii)	the Secured Party may grant extensions of time, take, abstain from taking and perfecting and give
up securities, accept compositions, grant releases and discharges, release any part of the Collateral and otherwise deal with the
Debtor, debtors of the Debtor, sureties and others and with the Collateral and other securities as the Secured Party may see fit
without prejudice to the liability of the Debtor to the Secured Party or the Secured Party’s rights hereunder;

 

		(iv)	to facilitate the realization of the Collateral, the Secured Party may, to the exclusion of all
others but subject to the prior rights of the space tenants of the Property under their leases, including the Debtor, enter upon,
occupy and use all or any of the premises, buildings, plant and undertaking of or occupied by the Debtor and use all or any of
the Equipment and other property of the Debtor for such time as the Secured Party requires, free of charge, and the Secured Party
shall not be liable to the Debtor for any neglect in so doing or in respect of any rent, charges, depreciation or damages in connection
with such actions;

 

		(v)	the Secured Party may charge on its own behalf and pay to others all reasonable amounts for expenses
incurred and for services rendered in connection with the retaking, holding, operation, repairing, processing, preparing for disposition
and disposing of the Collateral including, without limitation, legal costs on a solicitor and own client basis, Receiver and accounting
fees and expenses, and in every such case the amounts so paid together with all costs, charges and expenses incurred in connection
therewith shall be payable by the Debtor to the Secured Party and be added to and form part of the Obligations hereby secured as
of the date incurred and shall bear interest at the highest rate of interest charged by the Secured Party at that time in respect
of any part of the Obligations until payment thereof;

 

		(vi)	the Secured Party may discharge any claim, lien, mortgage, charge, security interest, encumbrance
or any rights of others that may exist or be threatened against the Collateral, and in every such case the amounts so paid together
with costs, charges and expenses incurred in connection therewith shall be added to the Obligations hereby secured; and

 

		(vii)	any proceeds of realization of the Collateral may be applied by the Secured Party to the payment
of expenses in connection with the preservation and realization of the Collateral as above described and any balance of such proceeds
shall be applied by the Secured Party in the manner provided for in the Charge.

 

	6.	General Provisions.

 

		(a)	Benefit of the Agreement. This Agreement shall be binding upon the successors and
assigns of the Debtor and shall benefit the successors and assigns of the Secured Party.

 

		(b)	No Waiver. No delay or failure by the Secured Party in the exercise of any right
hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any right hereunder preclude the other
or further exercise thereof or the exercise of any other right.

 

		(c)	Severability. If any obligation contained in this Agreement or the application thereof
to any Person or circumstance is, to any extent, invalid or unenforceable, the remainder of this Agreement and the application
of such obligation to Persons or circumstances other than those to whom/which it is held invalid or unenforceable, shall not be
affected thereby and each obligation contained in this Agreement shall be separately valid and enforceable to the fullest extent
permitted by law.

 

		(d)	Notices. Any notice, election, demand, declaration or request which may or is required
to be given or made pursuant to this Agreement shall (unless otherwise required by law) be given or made in writing and may be
delivered to the parties hereto by facsimile or other electronic communication which results in a written or printed notice being
given, or delivered or sent by prepaid registered mail to the addresses/fax numbers set out below:

 

		(i)	in the case of the Debtor:

 

100 Rutherford Road South

Brampton, ON L6W 2J2

 

Attn: Ben Ward

  

		(ii)	in the case of the Secured Party:

 

15466 The Gore
Road

Caledon, ON L7C
3E5

 

Attn: Michael
Steele

 

     

     

    

 

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any notice mailed as aforesaid shall
be deemed to have been received on the third (3rd) business day after the date of mailing, notwithstanding the date of actual receipt
or the fact that it may not have been received, except during an interruption of postal service (in which event such notice, election,
demand, declaration or request shall not be sent by prepaid registered mail), and if delivered or sent by facsimile or other electronic
communication with confirmation of transmission, shall be deemed to have been validly and effectively given and received on the
business day it was delivered or given, provided it is delivered or given by 5:00 p.m. (Toronto time). Any party may give notice
as aforesaid of a change of that party’s address/fax number, in which event this Section shall apply with respect to the
new address/fax number.

 

		(e)	Modification and Assignment. This Agreement may not be amended or modified in any
respect except by written instrument signed by both parties. The rights of the Secured Party under this Agreement may be assigned
by the Secured Party without the prior consent of the Debtor. The Debtor may not assign its obligations under this Agreement, except
in accordance with the terms of, and concurrently with, an assignment of the Charge.

 

		(f)	Additional Continuing Security. This Agreement and the security interest granted
hereby are in addition to and not in substitution for any other security now or hereafter held by the Secured Party, and this Agreement
is a continuing agreement and security that shall remain in full force and effect until discharged by the Secured Party.

 

		(g)	Headings. The division of this Agreement into sections and subsections and the insertion
of headings are for convenience of reference only and shall not affect the construction or interpretation of this Agreement.

 

		(h)	Gender. In this Agreement words importing the singular number only shall include
the plural and vice versa, words importing any gender shall include all genders, and words importing persons shall include individuals,
partnerships, associations, trusts, unincorporated organizations and corporations.

 

		(i)	Discharge. The Debtor shall not be discharged from any of the Obligations or from
this Agreement except by a release or discharge signed in writing by the Secured Party.

 

		(j)	Governing Law. This Agreement shall be governed by and construed in accordance with
the laws in effect in the Province of Ontario and, by execution and delivery of this Agreement, the Debtor accepts for itself and
in respect of its property, generally, and unconditionally, the non-exclusive jurisdiction of the courts having jurisdiction in
the said province. The Debtor hereby waives, and agrees not to assert, by way of motion, as a defence or otherwise, in any action
or proceeding, any claim that it is not personally subject to the jurisdiction of the said courts of the Province of Ontario located
in the City of Toronto, that the action or proceeding is brought in an inconvenient forum, that the venue of the action or proceeding
is improper or that this Agreement or the subject-matter hereof may not be enforced in such courts. Nothing herein shall limit
the right of any party to serve process in any manner permitted by law or to commence legal proceedings or otherwise proceed against
any other party in any other jurisdiction.

 

		(k)	Executed Copy. The Debtor acknowledges receipt of a fully executed copy of this Agreement.

 

		(l)	Non-Merger and Inconsistency. It is acknowledged and agreed that the terms and conditions
of the Charge shall not merge in and shall survive the completion of the transaction herein contemplated, and that in the event
of any inconsistency between the provisions of the Charge and the provisions of this Agreement, the provisions of this Agreement
shall prevail.

 

		(m)	Joint and Several Liability. In the event that the term “Debtor” includes
more than one Person, each of them shall be jointly and severally liable to the Secured Party for all of the Debtor’s obligations
hereunder. 

 

The Debtor has executed this Agreement as of
the first date set out above.

 

	 	2264793 ONTARIO INC.
	 	 	 
	 	By:	/s/
Benjamin Ward
	 	 	Name: Benjamin Ward 
	 	 	Title:
    Secretary

 

     

     

    

 

SCHEDULE “A” TO

GENERAL SECURITY AGREEMENT

 

Legal Description of the Property

 

PT LT 4 CON 2 E.H.S. CHINGUACOUSY PTS 1 TO
4, 43R17742; T/W BR48239 ; S/T BR51139; TOGETHER WITH AN EASEMENT AS IN VS121670; CITY OF BRAMPTON

 

Being all of PIN 14032−0123(LT); LRO#
43.Exhibit 10.5

 

REGISTRATION RIGHTS AGREEMENT

 

This Registration Rights Agreement (this
"Agreement") is made and entered into as of October 16, 2015 among Canadian Cannabis Corp., a Delaware corporation
(the "Company"), and Avonlea Ventures Inc., an Ontario corporation ("Investor").

 

WHEREAS, the Company and the Investor
are parties to a Promissory Note, dated as of October 16, 2015 (the "Note") pursuant to which the Investor is
lending to the Company CAD$1,000,000; as a condition to such loan, the Company is required to issue 250,000 shares of Common Stock
of the Company; and

 

WHEREAS, in connection with the consummation
of the transactions, the parties hereto desire to enter into this Agreement in order to grant certain registration rights to the
Investor as set forth below.

 

NOW, THEREFORE, in consideration of the
foregoing and the mutual and dependent covenants hereinafter set forth, the parties hereto agree as follows:

 

	1.	Defined Terms. As used in this Agreement, the following terms shall have the following meanings:

 

"Affiliate" of a
Person means any other Person that directly, or indirectly through one or more intermediaries, controls or is controlled by, or
is under common control with, such Person. The term "control" (including the terms "controlling", "controlled
by" and "under common control with") means the possession, direct or indirect, of the power to direct or cause the
direction of the management and policies of a Person, whether through the ownership of voting securities, by contract, or otherwise.

 

"Agreement" has
the meaning set forth in the preamble.

 

"Board" means the
board of directors (or any successor governing body) of the Company.

 

"Commission" means
the Securities and Exchange Commission or any other federal agency administering the Securities Act and the Exchange Act at the
time.

 

"Common Stock" means
the common stock of the Company and any other shares of stock issued or issuable with respect thereto (whether by way of a stock
dividend or stock split or in exchange for or upon conversion of such shares or otherwise in connection with a combination of shares,
distribution, recapitalization, merger, consolidation, other corporate reorganization or other similar event with respect to the
Common Stock).

 

"Company" has the
meaning set forth in the preamble and includes the Company's successors by merger, acquisition, reorganization or otherwise.

 

"Demand Registration" has
the meaning set forth in Section 2.

 

     

     

    

 

"DTCDRS" has the
meaning set forth in Section 4(f).

 

"Exchange Act" means
the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.

 

"Governmental Authority" means
any federal, state, local or foreign government or political subdivision thereof, or any agency or instrumentality of such government
or political subdivision, or any self-regulated organization or other non-governmental regulatory authority or quasi-governmental
authority (to the extent that the rules, regulations or orders of such organization or authority have the force of law), or any
arbitrator, court or tribunal of competent jurisdiction.

 

"Investors" has
the meaning set forth in the preamble.

 

"Long-Form Registration" has
the meaning set forth in Section 2.

 

"Person" means an
individual, corporation, partnership, joint venture, limited liability company, Governmental Authority, unincorporated organization,
trust, association or other entity.

 

"Piggyback Registration" has
the meaning set forth in Section 3(a).

 

"Piggyback Registration Statement" has
the meaning set forth in Section 3(a).

 

"Prospectus" means
the prospectus or prospectuses included in any Registration Statement (including, without limitation, a prospectus that includes
any information previously omitted from a prospectus filed as part of an effective Registration Statement in reliance on Rule 430A
under the Securities Act or any successor rule thereto), as amended or supplemented by any prospectus supplement with respect to
the terms of the offering of any portion of the Registrable Securities covered by such Registration Statement and by all other
amendments and supplements to the prospectus, including post-effective amendments and all material incorporated by reference in
such prospectus or prospectuses.

 

"Purchase Agreement" has
the meaning set forth in the recitals.

 

"Registrable Securities" means
(a) the Shares and (b) any shares of Common Stock issued or issuable with respect to any shares described in subsection (a) above
by way of a stock dividend or stock split or in exchange for or upon conversion of such shares or otherwise in connection with
a combination of shares, distribution, recapitalization, merger, consolidation, other reorganization or other similar event with
respect to the Common Stock.

 

"Registration Date" means
the date on which the Company becomes subject to Section 13(a) or Section 15(d) of the Exchange Act.

 

"Registration Statement" means
any registration statement of the Company, including the Prospectus, amendments and supplements to such registration statement,
including post-effective amendments, all exhibits and all material incorporated by reference in such registration statement.

 

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"Rule 144" means
Rule 144 under the Securities Act or any successor rule thereto.

 

"Securities Act" means
the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

 

2.            Demand Registration. At any
time six months after the date of this Agreement, Investor may request registration under the Securities Act of all of their Registrable
Securities pursuant to a Registration Statement on Form S-1 or any successor form thereto (each, a "Long-Form Registration").
The Company shall prepare and file with (or confidentially submit to) the Commission a Registration Statement on Form S-1 or any
successor form thereto covering all of the Registrable Securities of Investor within 60 days after the date on which the initial
request is given and shall use its reasonable efforts to cause such Registration Statement to be declared effective by the Commission
as soon as practicable thereafter.

 

	3.	Piggyback Registration.

 

(a)          Whenever the Company proposes to
register the offer and sale of any shares of its Common Stock under the Securities Act (other than a registration (i) pursuant
to a Registration Statement on Form S-8 (or other registration solely relating to an offering or sale to employees or directors
of the Company pursuant to any employee stock plan or other employee benefit arrangement), (ii) pursuant to a Registration Statement
on Form S-4 (or similar form that relates to a transaction subject to Rule 145 under the Securities Act or any successor rule thereto),
or (iii) in connection with any dividend or distribution reinvestment or similar plan), whether for its own account or for the
account of one or more stockholders of the Company and the form of Registration Statement (a "Piggyback Registration Statement")
to be used may be used for any registration of Registrable Securities (a "Piggyback Registration"), the Company
shall give prompt written notice (in any event no later than 20 days prior to the filing of such Registration Statement) to Investor
of its intention to effect such a registration and, subject to Section 3(b) and Section 3(c), shall include in such
registration all Registrable Securities with respect to which the Company has received written requests for inclusion from Investor
within 5 days after the Company's notice has been given to Investor. The Company may postpone or withdraw the filing or the effectiveness
of a Piggyback Registration at any time in its sole discretion.

 

(b)          If a Piggyback Registration is
initiated as a primary underwritten offering on behalf of the Company and the managing underwriter advises the Company and Investor
in writing that in its reasonable and good faith opinion the number of shares of Common Stock proposed to be included in such registration,
including all Registrable Securities and all other shares of Common Stock proposed to be included in such underwritten offering,
exceeds the number of shares of Common Stock which can be sold in such offering and/or that the number of shares of Common Stock
proposed to be included in any such registration or takedown would adversely affect the price per share of the Common Stock to
be sold in such offering, the Company shall include in such registration or takedown (i) first, the shares of Common Stock that
the Company proposes to sell; (ii) second, the shares of Common Stock requested to be included therein by Investor; and (iii) third,
the shares of Common Stock requested to be included therein by holders of Common Stock other than holders of Registrable Securities,
allocated among such holders in such manner as they may agree.

 

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(c)          If a Piggyback Registration is
initiated as an underwritten offering on behalf of a holder of Common Stock other than Registrable Securities, and the managing
underwriter advises the Company in writing that in its reasonable and good faith opinion the number of shares of Common Stock proposed
to be included in such registration or takedown, including all Registrable Securities and all other shares of Common Stock proposed
to be included in such underwritten offering, exceeds the number of shares of Common Stock which can be sold in such offering and/or
that the number of shares of Common Stock proposed to be included in any such registration or takedown would adversely affect the
price per share of the Common Stock to be sold in such offering, the Company shall include in such registration or takedown (i)
first, the shares of Common Stock requested to be included therein by Investor and (ii) second, the shares of Common Stock requested
to be included therein by other holders of Common Stock, allocated among such holders in such manner as they may agree.

 

4.            Registration Procedures. If
and whenever the holders of Registrable Securities request that the offer and sale of any Registrable Securities be registered
under the Securities Act pursuant to the provisions of this Agreement, the Company shall use its reasonable efforts to effect the
registration of the offer and sale of such Registrable Securities under the Securities Act in accordance with the intended method
of disposition thereof, and pursuant thereto the Company shall as soon as reasonably practicable and as applicable:

 

(a)          subject to Section 2, prepare
and file with the Commission a Registration Statement covering such Registrable Securities and use its reasonable efforts to cause
such Registration Statement to be declared effective;

 

(b)          notify Investor, promptly after
the Company receives notice thereof, of the time when such Registration Statement has been declared effective or a supplement to
any Prospectus forming a part of such Registration Statement has been filed with the Commission;

 

(c)          furnish to Investor a copy of the
Prospectus included in such Registration Statement (including each preliminary Prospectus) and any supplement thereto (in each
case including all exhibits and documents incorporated by reference therein) and such other documents as Investor may reasonably
request in order to facilitate the disposition of the Registrable Securities;

 

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(d)          notify Investor promptly of any
request by the Commission for the amending or supplementing of such Registration Statement or Prospectus or for additional information;

 

(e)          advise Investor promptly after
it shall receive notice or obtain knowledge thereof, of the issuance of any stop order by the Commission suspending the effectiveness
of such Registration Statement or the initiation or threatening of any proceeding for such purpose and promptly use its reasonable
efforts to prevent the issuance of any stop order or to obtain its withdrawal at the earliest possible moment if such stop order
should be issued;

 

(f)          cooperate with Investor to facilitate
the timely preparation and delivery of certificates representing the Registrable Securities to be sold pursuant to such Registration
Statement or Rule 144 free of any restrictive legends and representing such number of shares of Common Stock and registered in
such names as the holders of the Registrable Securities may reasonably request a reasonable period of time prior to sales of Registrable
Securities pursuant to such Registration Statement or Rule 144; provided, that the Company may satisfy its obligations hereunder
without issuing physical stock certificates through the use of The Depository Trust Company's Direct Registration System (the "DTCDRS");

 

(g)          take no direct or indirect action
prohibited by Regulation M under the Exchange Act; provided, that, to the extent that any prohibition is applicable to the
Company, the Company will take all reasonable action to make any such prohibition inapplicable; and

 

(h)          otherwise use its reasonable efforts
to take all other steps necessary to effect the registration of such Registrable Securities contemplated hereby.

 

	5.	Indemnification.

 

(a)          The Company shall indemnify and
hold harmless, to the fullest extent permitted by law, Investor and Investor's officers, directors, managers, members, partners,
stockholders and Affiliates, each underwriter, broker or any other Person acting on behalf of Invstor, if any, who controls any
of the foregoing Persons, against all losses, claims, actions, damages, liabilities and expenses, joint or several, to which any
of the foregoing Persons may become subject under the Securities Act or otherwise, insofar as such losses, claims, actions, damages,
liabilities or expenses arise out of or are based upon any untrue or alleged untrue statement of a material fact contained in any
Registration Statement, Prospectus, preliminary Prospectus, free writing prospectus (as defined in Rule 405 under the Securities
Act or any successor rule thereto) or any amendment thereof or supplement thereto or any omission or alleged omission of a material
fact required to be stated therein or necessary to make the statements therein (in the case of a Prospectus, preliminary Prospectus
or free writing prospectus, in light of the circumstances under which they were made) not misleading; and shall reimburse such
Persons for any legal or other expenses reasonably incurred by any of them in connection with investigating or defending any such
loss, claim, action, damage or liability, except insofar as the same are caused by or contained in any information furnished in
writing to the Company by such holder expressly for use therein or by such holder's failure to deliver a copy of the Registration
Statement, Prospectus, preliminary Prospectus, free writing prospectus (as defined in Rule 405 under the Securities Act or any
successor rule thereto) or any amendments or supplements thereto (if the same was required by applicable law to be so delivered)
after the Company has furnished such holder with a sufficient number of copies of the same prior to any written confirmation of
the sale of Registrable Securities. This indemnity shall be in addition to any liability the Company may otherwise have.

 

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(b)          In connection with any registration
in which Investor is participating, Investor shall furnish to the Company in writing such information as the Company reasonably
requests for use in connection with any such Registration Statement or Prospectus and, to the extent permitted by law, shall indemnify
and hold harmless, the Company, each director of the Company, each officer of the Company who shall sign such Registration Statement,
each underwriter, broker or other Person acting on behalf of the holders of Registrable Securities and each Person who controls
any of the foregoing Persons against any losses, claims, actions, damages, liabilities or expenses resulting from any untrue or
alleged untrue statement of material fact contained in the Registration Statement, Prospectus, preliminary Prospectus, free writing
prospectus (as defined in Rule 405 under the Securities Act or any successor rule thereto) or any amendment thereof or supplement
thereto or any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements
therein (in the case of a Prospectus, preliminary Prospectus or free writing prospectus, in light of the circumstances under which
they were made) not misleading, but only to the extent that such untrue statement or omission is contained in any information so
furnished in writing by such holder. This indemnity shall be in addition to any liability the selling holder may otherwise have.

 

(c)          Promptly after receipt by an indemnified
party of notice of the commencement of any action involving a claim referred to in this Section 5, such indemnified party
shall, if a claim in respect thereof is made against an indemnifying party, give written notice to the latter of the commencement
of such action. The failure of any indemnified party to notify an indemnifying party of any such action shall not (unless such
failure shall have a material adverse effect on the indemnifying party) relieve the indemnifying party from any liability in respect
of such action that it may have to such indemnified party hereunder. In case any such action is brought against an indemnified
party, the indemnifying party shall be entitled to participate in and to assume the defense of the claims in any such action that
are subject or potentially subject to indemnification hereunder, jointly with any other indemnifying party similarly notified to
the extent that it may wish, with counsel reasonably satisfactory to such indemnified party, and after written notice from the
indemnifying party to such indemnified party of its election so to assume the defense thereof, the indemnifying party shall not
be responsible for any legal or other expenses subsequently incurred by the indemnified party in connection with the defense thereof;
provided, that, if (i) any indemnified party shall have reasonably concluded that there may be one or more legal or equitable
defenses available to such indemnified party which are additional to or conflict with those available to the indemnifying party,
or that such claim or litigation involves or could have an effect upon matters beyond the scope of the indemnity provided hereunder,
or (ii) such action seeks an injunction or equitable relief against any indemnified party or involves actual or alleged criminal
activity, the indemnifying party shall not have the right to assume the defense of such action on behalf of such indemnified party
without such indemnified party's prior written consent (but, without such consent, shall have the right to participate therein
with counsel of its choice) and such indemnifying party shall reimburse such indemnified party of such indemnified party for that
portion of the fees and expenses of any counsel retained by the indemnified party which is reasonably related to the matters covered
by the indemnity provided hereunder. If the indemnifying party is not entitled to, or elects not to, assume the defense of a claim,
it shall not be obligated to pay the fees and expenses of more than one counsel for all parties indemnified by such indemnifying
party with respect to such claim, unless in the reasonable judgment of any indemnified party a conflict of interest may exist between
such indemnified party and any other of such indemnified parties with respect to such claim. In such instance, the conflicting
indemnified parties shall have a right to retain one separate counsel, chosen by the holders of a majority of the Registrable Securities
included in the registration, at the expense of the indemnifying party.

 

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(d)          If the indemnification provided
for hereunder is held by a court of competent jurisdiction to be unavailable to an indemnified party with respect to any loss,
claim, damage, liability or action referred to herein, then the indemnifying party, in lieu of indemnifying such indemnified party
hereunder, shall contribute to the amounts paid or payable by such indemnified party as a result of such loss, claim, damage, liability
or action in such proportion as is appropriate to reflect the relative fault of the indemnifying party on the one hand and of the
indemnified party on the other in connection with the statements or omissions which resulted in such loss, claim, damage, liability
or action as well as any other relevant equitable considerations; provided, that the maximum amount of liability in respect
of such contribution shall be limited, in the case of each holder of Registrable Securities, to an amount equal to the net proceeds
(after underwriting fees, commissions or discounts) actually received by such seller from the sale of Registrable Securities effected
pursuant to such registration. The relative fault of the indemnifying party and of the indemnified party shall be determined by
reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged
omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party, whether
the violation of the Securities Act or any other similar federal or state securities laws or rule or regulation promulgated thereunder
applicable to the Company and relating to action or inaction required of the Company in connection with any applicable registration,
qualification or compliance was perpetrated by the indemnifying party or the indemnified party and the parties' relative intent,
knowledge, access to information and opportunity to correct or prevent such statement or omission. The parties agree that it would
not be just and equitable if contribution pursuant hereto were determined by pro rata allocation or by any other method or allocation
which does not take account of the equitable considerations referred to herein. No Person guilty or liable of fraudulent misrepresentation
within the meaning of Section 11(f) of the Securities Act shall be entitled to contribution from any Person who was not guilty
of such fraudulent misrepresentation.

 

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6.            Participation in Underwritten
Registrations. No Person may participate in any registration hereunder which is underwritten unless such Person (a) agrees
to sell such Person's securities on the basis provided in any underwriting arrangements approved by the Person or Persons entitled
hereunder to approve such arrangements and (b) completes and executes all questionnaires, powers of attorney, indemnities, underwriting
agreements and other documents required under the terms of such underwriting arrangements.

 

7.            Termination.
This Agreement shall terminate and be of no further force or effect when there shall no longer be any Registrable Securities outstanding;
provided, that the provisions of Section 6 shall survive any such termination.

 

8.            Notices. All notices, requests,
consents, claims, demands, waivers and other communications hereunder shall be in writing and shall be deemed to have been given
(a) when delivered by hand (with written confirmation of receipt); (b) when received by the addressee if sent by a nationally recognized
overnight courier (receipt requested); (c) on the date sent by facsimile or e-mail of a PDF document (with confirmation of transmission)
if sent during normal business hours of the recipient, and on the next Business Day if sent after normal business hours of the
recipient; or (d) on the third day after the date mailed, by certified or registered mail, return receipt requested, postage prepaid.
Such communications must be sent to the respective parties at the addresses indicated below (or at such other address for a party
as shall be specified in a notice given in accordance with this Section 8).

 

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	If to the Company:	
        Canadian Cannabis Corp.

        100 Rutherford Rd S

        Brampton, Ontario L6W 2J2

        Canada

         

        E-mail:              bward@cdncannabis.com

         

        Attention:       CEO

	 	 
	with a copy to:	
        Thrasher Worth LLC

        5 Concourse Parkway

        Suite 2600

        Atlanta, GA 30328

        USA

         

        E-mail:              gthrasher@thrasherworth.com

         

        Attention:       H. Grady Thrasher

	 	 
	If to Investor	
        Avonlea Ventures Inc.

        15466 The Gore Road

        Caledon, ON L7C 3E5

        Canada

         

        Attention:       Michael Steele

         

        Fax:                  (905) 880-7866

         

        Email:               steeleconsult@aol.com

	 	 
	with a copy to:	
        Norton Rose Fulbright Canada LLP

        Suite 3700

        400 3rd Ave SW

        Calgary AB T2P 4H2

        Canada

         

        Attention:       Marlow Gereluk

         

        Fax:                  (403) 264-5973

         

        Email:               Marlow.Gereluk@nortonrosefulbright.com

 

9.            Entire Agreement. This Agreement
constitutes the sole and entire agreement of the parties to this Agreement with respect to the subject matter contained herein,
and supersedes all prior and contemporaneous understandings and agreements, both written and oral, with respect to such subject
matter.

 

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10.            Successor and Assigns. This
Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted
assigns.

 

11.            No Third-Party Beneficiaries.
This Agreement is for the sole benefit of the parties hereto and their respective successors and permitted assigns and nothing
herein, express or implied, is intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy
of any nature whatsoever, under or by reason of this Agreement; provided, however, the parties hereto hereby acknowledge
that the Persons set forth in Section 5 are express third-party beneficiaries of the obligations of the parties hereto set
forth in Section 5.

 

12.            Headings. The headings in
this Agreement are for reference only and shall not affect the interpretation of this Agreement.

 

13.            Amendment, Modification and Waiver.
The provisions of this Agreement may only be amended, modified, supplemented or waived with the prior written consent of the Company
and Investor. No waiver by any party or parties shall operate or be construed as a waiver in respect of any failure, breach or
default not expressly identified by such written waiver, whether of a similar or different character, and whether occurring before
or after that waiver. Except as otherwise set forth in this Agreement, no failure to exercise, or delay in exercising, any right,
remedy, power or privilege arising from this Agreement shall operate or be construed as a waiver thereof; nor shall any single
or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise
of any other right, remedy, power or privilege.

 

14.            Severability. If any term
or provision of this Agreement is invalid, illegal or unenforceable in any jurisdiction, such invalidity, illegality or unenforceability
shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in
any other jurisdiction. Upon such determination that any term or other provision is invalid, illegal or unenforceable, the parties
hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as
possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated
to the greatest extent possible.

 

15.            Remedies. Investor, in addition
to being entitled to exercise all rights granted by law, including recovery of damages, shall be entitled to specific performance
of its rights under this Agreement. The Company acknowledges that monetary damages would not be adequate compensation for any loss
incurred by reason of a breach by it of the provisions of this Agreement and the Company hereby agrees to waive the defense in
any action for specific performance that a remedy at law would be adequate.

 

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16.            Governing Law; Submission to
Jurisdiction. This Agreement shall be governed by and construed in accordance with the internal laws of the State of Georgia
without giving effect to any choice or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction).
Any legal suit, action or proceeding arising out of or based upon this Agreement or the transactions contemplated hereby may be
instituted in the federal courts of the United States or the courts of the State of Georgia in each case located in the city of
Atlanta and County of Fulton, and each party irrevocably submits to the exclusive jurisdiction of such courts in any such suit,
action or proceeding. Service of process, summons, notice or other document by mail to such party's address set forth herein shall
be effective service of process for any suit, action or other proceeding brought in any such court. The parties irrevocably and
unconditionally waive any objection to the laying of venue of any suit, action or any proceeding in such courts and irrevocably
waive and agree not to plead or claim in any such court that any such suit, action or proceeding brought in any such court has
been brought in an inconvenient forum.

 

17.            Waiver of Jury Trial. Each
party acknowledges and agrees that any controversy which may arise under this Agreement is likely to involve complicated and difficult
issues and, therefore, each such party irrevocably and unconditionally waives any right it may have to a trial by jury in respect
of any legal action arising out of or relating to this Agreement or the transactions contemplated hereby. Each party to this Agreement
certifies and acknowledges that (a) no representative of any other party has represented, expressly or otherwise, that such other
party would not seek to enforce the foregoing waiver in the event of a legal action, (b) such party has considered the implications
of this waiver, (c) such party makes this waiver voluntarily, and (d) such party has been induced to enter into this Agreement
by, among other things, the mutual waivers and certifications in this Section 17.

 

18.            Counterparts. This Agreement
may be executed in counterparts, each of which shall be deemed to be an original, but all of which together shall be deemed to
be one and the same agreement. A signed copy of this Agreement delivered by facsimile, e-mail or other means of electronic transmission
shall be deemed to have the same legal effect as delivery of an original signed copy of this Agreement.

 

19.            Further Assurances. Each
of the parties to this Agreement shall, and shall cause their Affiliates to, execute and deliver such additional documents, instruments,
conveyances and assurances and take such further actions as may be reasonably required to carry out the provisions hereof and to
give effect to the transactions contemplated hereby.

 

[SIGNATURE PAGE FOLLOWS]

 

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IN WITNESS WHEREOF, the parties hereto have executed
this Agreement on the date first written above.

 

	 	Canadian
    Cannabis Corp.
	 	 	 
	 	By	/s/
    Benjamin Ward
	 	 	 
	 	Name:	Benjamin
    Ward
	 	Title:
    	Chief
    Executive Officer
	 	 	 
	 	Avonlea
    Ventures Inc.
	 	 	 
	 	By	 
	 	 	 
	 	Name:	 
	 	Title:	 

 

Registration
Rights Agreement Signature Page

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