Turning A New Leaf In North Carolina

Working closely with our portfolio companies, we will finance the most promising early-stage companies and position them for a successful exit

Our extensive experience working with embryonic start-ups and our hands-on approach will ensure our portfolio companies develop clear and realistic strategies and ensure capital is deployed effectively and costs are managed.

Ensure our portfolio companies complete accretive acquisitions by leveraging our significant access to deal flow and our extensive experience in identifying, screening, and evaluating acquisition opportunities.

This news release may include forward-looking statements including opinions, assumptions, estimates, and, more particularly, statements concerning: CBi2’s investment strategy and the ability to exercise thereon; and JAEB Designs business strategy and the ability to exercise thereon.

When used in this news release, the words “will,” “anticipate,” “believe,” “estimate,” “expect,” “intent,” “may,” “project,” “should,” and similar expressions are intended to be among the statements that identify forward-looking statements.

The forward-looking statements are founded on the basis of expectations and assumptions made by CBi2 which include, but are not limited to, the availability of suitable investment opportunities in the cannabis industry; the estimated growth in the cannabis market; shifts in public opinion regarding cannabis; market trends in the cannabis industry, the securities markets and the general economy; and the expected adult- use cannabis legalization in Canada.

Although CBi2 believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because CBi2 can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with the cannabis industry in general; actions and initiatives of federal and provincial governments and changes to government policies and the execution and impact of these actions, initiatives and policies, including the fact that adult-use cannabis is currently illegal under federal and provincial law; the size of the medical-use and adult-use cannabis market; competition from other industry participants; and other factors more fully described from time to time in the reports and filings made by CBi2 with securities regulatory authorities.

The forward-looking information contained in this news release is made as of the date hereof and CBi2 undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward looking information contained in this news release is expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.