Good Hemp, Inc. (OTCPK:GHMP) entered into a non binding letter of intent to acquire SL Zero, LLC, Alternative Health and Wellness, LLC, ETCB, LLC, Sacred Leaf, LLC and Sacred Leaf Franchising LLC for $3.9 million on June 8, 2021. As per the consideration, Good Hemp would pay $0.5 million cash and 2.6 million shares of common stock. In addition Good Hemp would make an offer of employment to the Seller, with a base annual salary of $0.15 million and a target discretionary bonus of an as-yet undetermined percentage of the base salary. In the letter of intent, the parties expressed their intent to use commercially reasonable efforts to close the Acquisition by August 31, 2021.