Mr. John Campbell reports

BEVCANNA ENGAGES GREEN GROWTH PARTNERS AS NEW AUDITOR

Bevcanna Enterprises Inc. has engaged Green Growth Partners CPA, a leading auditing firm specializing in cannabis companies across North America, as the company's new auditor. Green Growth Partners will review and audit the company's annual consolidated financial statements for the year ended Dec. 31, 2022.

Green Growth Partners brings extensive expertise in auditing cannabis companies across North America, providing Bevcanna with valuable industry-specific knowledge. Its specialization in this sector ensures that the auditing process will be conducted with a deep understanding of the unique requirements of the cannabis industry.

Bevcanna's management believes that Green Growth Partners is best suited to meet the company's needs and is confident that they will provide timely financial statements on a forward-looking basis.

"We're excited to work with Green Growth Partners and are confident that they are the right fit for our needs going forward," said John Campbell, chief financial officer and chief strategy officer of Bevcanna.

In addition to the engagement with Green Growth Partners, Bevcanna has prepared the draft 2022 annual consolidated financial statements, which are being reviewed by Green Growth Partners. Additionally, interim financial statements for the three months ended March 31, 2023, and six months ended June 30, 2023, are also being prepared internally.

Upon receiving the audited annual consolidated financial statements for 2022 and the completion of the unaudited interim financial statements for the first and second quarters of 2023, Bevcanna plans to submit a revocation application to the British Columbia Securities Commission regarding the previously issued cease trade order resulting from the delayed filing of the company's financial statements.

About Bevcanna Enterprises Inc.

Bevcanna Enterprises is a diversified lifestyle and wellness consumer packaged goods company. Bevcanna develops and manufactures a range of alkaline, mineralized and cannabinoid beverages and supplements for both in-house brands and white-label clients. Based in British Columbia, Canada, Bevcanna owns a pristine alkaline spring water aquifer and a high-capacity, 40,000-square-foot, Health Canada and HACCP (hazard analysis and critical control points) certified flexible manufacturing facility in Osoyoos, B.C. The company's extensive distribution network includes traditional and regulated retail distribution and on-line through its market-leading brands.

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