Mr. Dale McClanaghan reports

LOTUS LAUNCHES FIRST KEYLIME KUSH CULTIVAR UNDER THE LOTUS CANNABIS CO. BRAND IN BRITISH COLUMBIA

Lotus Ventures Inc.'s first official Lotus Cannabis-branded flower is now available in British Columbia. Lotus is introducing the Keylime Kush, which builds on the company's tradition of bringing first-to-market and exclusively grown genetics into the legal Canadian space. The Keylime Kush is available for B.C. retailers to purchase through the B.C. Cannabis Wholesale website and is expected to be available for consumers as early as today.

The premium-craft, indoor-grown Keylime Kush will feature high THC (tetrahydrocannabinol) and terpene content consistently and is a beautiful hybrid cross between Key Lime Mints and Kush Mints No. 11. This cultivar's powerful terpene profile of farnesene, limonene, caryophyllene and linalool creates flavours and aromas of lime kush and green apple with notes of cookies and gas. The Keylime Kush is available in 3.5-gram premium glass flower jars and will be available in a three-by-0.5-gram preroll SKU in the coming weeks. "As growers, we understand consumers are looking for great quality flower at a great price, which is what we're happy to provide with our Keylime Kush," said Carl Correia, chief operating officer at Lotus.

Consumers and retailers can also visit Lotus's website and YouTube channel to see a brand new strain video of the Keylime Kush, filmed and produced by the talented group at Sessions Highlife.

This milestone is a long-time coming for our team of Okanagan legacy growers led by Mr. Correia and Jason Brown and is another catalyst in the Lotus sales evolution this year. Lotus has also applied for three additional provincial product calls and continues to utilize the business-to-business wholesale market when favourable. Lotus's Keylime Kush is now listed in British Columbia, with the Black Blossom listed in British Columbia, Alberta and Manitoba, with Pistol and Paris, and with the Kalifornia and Tranquil Elephantizer listed in Ontario.

About Lotus Ventures Inc.

Lotus Ventures is a British Columbia-based licensed producer of premium cannabis. Lotus owns the premium-craft consumer brand Lotus Cannabis Co. which has had its cannabis flower sold by wholesale partners in all provinces to date. Lotus is an experienced cultivator on a mission to produce the cleanest and most consistent premium cannabis in Canada. With operations in the North Okanagan, B.C., the Lotus Cannabis team has launched popular cultivars like the Keylime Kush, Black Blossom, Tranquil Elephantizer and Kalifornia and currently has flower being sold in British Columbia, Alberta, Manitoba and Ontario.

We seek Safe Harbor.