Skye Bioscience, Inc. 10-K

Item 2. Properties. Principal Offices Our principal executive offices and corporate offices are located at 11250 El Camino Real Suite 100, San Diego, CA 92130. Owned Real-estate We own a 3,742 square foot research facility located at 9295 198 street, Unit 104, in Langley, British Columbia Canada. We acquired the former analytical testing laboratory as part of the acquisition of Emerald Health Therapeutics, Inc. The facility owned by AVI holds an active dealer’s license pursuant to the Controlled Drugs and Substances Act ("CDSA") in Canada. The dealer’s license permits the possession and conduct of research on certain controlled substances as may be approved under the license. AVI currently has no operations. As of December 31, 2022, we owned a 88,478 square foot commercial property, located at 560 Industriel Boulevard, St-Eustache, Quebec. We acquired the former cannabis cultivation and production facility as part of the Emerald Health Therapeutics, Inc. Acquisition. The facility held an active cannabis cultivation and production license and was not operating as it was pending sale pursuant to a share purchase agreement entered on November 10, 2022. On February 9, 2023, the facility was sold pursuant to a share transfer agreement with C3 Souvenir Holdings, Inc. ("C3").