Ms. Diana Anglin reports

COMPANY UPDATE

Dan Anglin, CannAmerica Brands Corp.'s founder, president and chief executive officer, passed away unexpectedly on June 12, 2022.

Mr. Anglin was a U.S. Marine Corps veteran and, since 2011, was a dedicated advocate of the cannabis industry. Mr. Anglin owned and operated many successful cannabis businesses and was considered to be a national expert in marijuana public policy. Mr. Anglin founded the board of the Colorado Cannabis Chamber of Commerce, an industry-based trade organization dedicated to advocacy and networking opportunities for the cannabis industry, as well as promoting reasonable regulation on legal commercial cannabis businesses.

The company will provide further information as it begins the search for Mr. Anglin's successor.

About CannAmerica Brands Corp.

CannAmerica is a U.S. Marine Corps-veteran-founded and operated portfolio of cannabis brands with licensing agreements in the states of Colorado, Oklahoma and Massachusetts and the country of Canada. The company aims to maximize the value of its brands by employing strong brand management teams, marketing and licensing the brands through various distribution channels, including dispensaries, wholesalers and distributors, in the United States and internationally. The company's core strategy is to enhance and monetize the global reach of its existing brands and to pursue additional strategic acquisitions to expand the scope and diversity of its brand portfolio.