Sustainable Produce Urban Delivery Inc. Engages Canaccord Genuity Corp. and Desjardins Securities Inc. for up to C$ 30 Million Private Placement Financing

As previously-announced by Rainy Hollow, the Company and Rainy Hollow entered into a letter of intent (the “LOI”) dated September 30, 2020 which outlines the terms and conditions pursuant to which Rainy Hollow and SPUD will complete a transaction that will result in a reverse take-over of Rainy Hollow by Sustainable Produce Urban Delivery.