Mr. Anthony Dutton reports

CANNEX TO COMMENCE TRADING ON THE CANADIAN SECURITIES EXCHANGE

Further to the news releases dated Oct. 10, 2017, and March 9, 2018, Arco Resources Corp. and Cannex Capital Group Inc. have closed all transactions and received the required regulatory approvals, including from the NEX board of the TSX Venture Exchange and the Canadian Securities Exchange, pursuant to which Arco has acquired all of the issued and outstanding securities of Cannex in exchange for securities of Arco.

The resulting issuer's common shares will be listed under the name Cannex Capital Holdings Inc. Cannex Holdings' common shares are expected to begin trading, effective at market open on March 14, 2018, on the CSE under the symbol CNNX.

Anthony Dutton, Cannex Holdings' chief executive officer, commented: "We look forward to having Cannex Holdings commence trading on the CSE as it represents a key advancement in our corporate business plan. A CSE listing will allow us to build a strong public shareholder base and more effectively pursue a number of near-term significant growth opportunities."

About Cannex Capital Group Inc.

Cannex, through its wholly owned subsidiaries, provides a range of comprehensive and flexible growth options for licensed cannabis cultivators, processors and/or dispensaries domestically and internationally, including providing turnkey real estate with operational infrastructure, as well as long-term advisory and consulting services.

Cannex has acquired BrightLeaf Development LLC (BLD), a limited liability company that, through subsidiaries, holds real estate assets, property leases, brands and intellectual property, and material supply agreements with Superior Gardens LLC (doing business as Northwest Cannabis Solutions), Washington State's and the Pacific Northwest's largest full-line cannabis producer/processor, and also 7Point Holdings LLC, another Washington State-licensed cannabis producer/processor. Cannex is managed by a team of experienced industry and capital markets experts who are committed to aggressive, cost-effective growth and is based in Vancouver, B.C.

Cannex is currently undertaking an expansion initiative to support the acquisition and development of additional assets, in Canada and internationally, that is expected to serve and support the growing legal medical and recreational cannabis markets.

We seek Safe Harbor.