Mr. John McMullen reports

LGC CAPITAL NEWS RELEASE

LGC Capital Ltd. has provided comments on yesterday's opinion from the Supreme Court of Cassation in Italy with regard to cannabis light.

There have been some confusing media reports from Italy regarding the opinion of the Supreme Court of Cassation on the sale of cannabis light and LGC urges caution in the interpretation of this ruling. It is important that any interpretation is made with the full facts and this is only possible once the full opinion is published. LGC has been closely monitoring progress with this case and, despite reports to the contrary, it seems clear that the court sees products having no psychoactive effect as excluded from prohibition. This is the area where EasyJoint operates, this is the assumption upon which it has always operated, and the company is confident that it will continue to do so.

About LGC Capital Ltd.

LGC Capital is a leading cannabis-investment firm with a focus on the legal global cannabis market. Through its growing portfolio of investment companies, LGC is building a transversal integrated organization of interconnected legal cannabis companies with cultivation, processing and distribution in Australia, Jamaica, Switzerland, Italy and Canada serving domestic and export markets.

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