Mr. John Campbell reports

BEVCANNA ANNOUNCES AGM RESULTS

Bevcanna Enterprises Inc. has released the results of its annual general meeting of shareholders held on Feb. 6, 2024.

The company's shareholders approved all matters tabled at the annual general meeting, including the re-election of the company's current board of directors -- Marcello Leone, John Campbell, Martino Ciambrelli and Howard Blank -- and appointment of GreenGrowth CPAs Inc. as auditor of the company. The company's shareholders also approved the adoption of a new omnibus incentive plan in accordance with the requirements of the Canadian Securities Exchange (CSE), a share consolidation of up to 20:1, and approval to make application to the Supreme Court of British Columbia, pursuant to Section 229 of the Business Corporations Act (British Columbia), for rectification of the company's inability to hold an annual shareholders' meeting in 2022 and table audited financial statements at that time because of the prior cease trade order.

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 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.