Mr. Jeff Ciachurski of Greenbriar reports

GREENBRIAR CAPITAL CORP ANNOUNCES JOINT VENTURE

Greenbriar Capital Corp. has formed a joint venture with Captiva Verde Land Corp. to co-develop its 1,100-lot residential real estate project in California. Captiva is a newly listed life sciences company on the Canadian Securities Exchange with a mandate to invest in land assets that contain green residential communities, disruptive manufacturing facilities, organic food production and cannabis operations. Captiva has just issued 10,687,500 of its common shares to Greenbriar and will incur all of the development costs to earn a 50-per-cent interest in and to the project.

The project is in final stages of principal design and engineering and will submit completed plans to the governmental agencies very shortly. The construction cost of the homes will be borne through non-recourse project-level financing that prevents dilution to both shareholders of Greenbriar and Captiva. The project has a capital cost of $350-million (U.S.), and profits will be split 50/50 between both parties. The joint venture has several benefits to the Greenbriar shareholders:

1. It allows Greenbriar to focus on its RealBloq suite of products with title, banks and insurance companies across the United States. It further allows the company to focus on receiving approval on its flagship $1.9-billion solar contract and other projects Greenbriar has acted as the lead incubator.
2. It removes Greenbriar from any further financing of the project.
3. Captiva is focused on its Canadian Securities Exchange-approved life sciences mandate, which includes legal cannabis. Greenbriar understands Captiva is pursuing international opportunities in this field, and the 10,687,500 shares of Captiva that are held by Greenbriar will generate a large value for Greenbriar shareholders in due course. Management of Greenbriar will seek board approval to dividend the entire 10,687,500 shares of Captiva to the Greenbriar shareholders of record, once Captiva closes any potential cannabis deal and the shares of Captiva are over $1 per share for at least 30 days, allowing the Greenbriar shareholders to make their own personal decisions on their disposition, if any.

Greenbriar will look to announce additional news on its core projects and where it has acted as the initial incubator and where value can be disbursed to the Greenbriar shareholders of record.

About Greenbriar Capital Corp.

Greenbriar is a leading developer of sustainable real estate, real estate blockchain, artificial intelligence and renewable energy. With long-term, high-impact, contracted sales agreements in key project locations and led by a successful, industry-recognized operating and development team, Greenbriar targets deep-valued assets directed at accretive shareholder value.

We seek Safe Harbor.