Mr. Nick Kuzyk reports

AGRA VENTURES ANNOUNCES CHANGE OF AUDITOR

Agra Ventures Ltd. has changed its auditor from Dale Matheson Carr-Hilton Labonte LLP to Baker Tilly LLP, effective Sept. 17, 2021. In accordance with National Instrument 51-102, the company has filed a notice of change of auditor, together with the required letters from the former auditor and the successor auditor, in respect of this change under its profile on SEDAR.

Separately, on Sept. 2, 2021, the company was served with a petition in the B.C. Supreme Court, seeking an order granting the petitioner leave of the court to commence a civil claim in the name and on behalf of the company against certain proposed defendants. The company takes the allegations contained within the claim seriously and has engaged legal counsel to investigate the alleged matters and to respond to the proposed petition.

About Agra Ventures Ltd.

Agra Ventures is a growth-oriented and diversified company focused on the international cannabis industry. The company is dedicated to the cultivation, distribution and marketing of high-quality cannabis and cannabis-infused products worldwide. Agra's primary asset in Canada is Boundary Bay Cannabis, located in Delta, B.C., which is one of the largest cannabis greenhouse facilities focused on the cost-optimized cultivation of high-potency cannabis. Abroad, the company's wholly owned subsidiary, Farmako GmbH, is focused on becoming Europe's leading distributor of medical cannabis. Farmako currently has active product distribution operations in Germany and expects to commence active operations in the United Kingdom in 2021.

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