An anonymous director reports

GABY ANNOUNCES IT WILL NOT BE PROCEEDING WITH PROPOSED TRANSACTION WITH HEMPFUSION

SGaby Inc. will not be proceeding with the proposed transaction with Hempfusion Wellness Inc. as announced in the company's news release on April 28, 2023.

As per Hempfusion's press release dated June 1, 2023, Hempfusion has ceased its manufacturing, research and development operations, has terminated the majority of its employees, and will no longer be shipping its products and accepting any new orders. Hempfusion is exploring its options under applicable bankruptcy and insolvency legislation.

About Gaby Inc.

Gaby is a California-focused retail consolidator and the owner of Mankind Dispensary, one of the oldest licensed dispensaries in California. Mankind Dispensary is a well-known and highly respected dispensary with deep roots in the California cannabis community operating in San Diego.