Mr. Jonathan Graff reports

CANN-IS CAPITAL CORP. ANNOUNCES QUALIFYING TRANSACTION WITH EXITEAM CAPITAL PARTNERS LTD. AND QUARK INVESTMENTS LTD.

Cann-Is Capital Corp. has entered into letter of intent dated Aug. 19, 2025, with Exiteam Capital Partners Ltd., a company incorporated under the laws of Israel, and Quark Investments Ltd., a company incorporated under the laws of Israel (Quark and, together with Exiteam, the targets) pursuant to which the corporation will acquire all of the issued and outstanding shares in the capita of the targets. The transaction is a non-arm's-length qualifying transaction for the corporation, as such term is defined in Policy 2.4 of the Corporate Finance Manual of the TSX Venture Exchange as Ronnie Jaegarmann, the chief financial officer of the corporation, is a director and officer of Exiteam.

When completed, the proposed transaction will constitute the corporation's qualifying transaction pursuant to the policies of the exchange and is subject to compliance with all necessary regulatory and other approvals and certain other terms and conditions. A comprehensive press release with further particulars relating to the proposed transaction will follow in accordance with the policies of the exchange.

The corporation also announces that it has terminated its proposed previously announced qualifying transaction with Mint Road Inc. pursuant to the terms of the letter of intent entered into between the parties on Feb. 7, 2025.

About Exiteam Capital Partners Ltd.

Exiteam is an is an Israeli-based advisory firm that assists technology companies on capital raising strategies and the listing on Canadian stock exchanges via initial public offerings, reverse takeovers and qualifying transactions. It identifies the best candidates for capital raising and the go-public process.

About Quark Investments Ltd.

Quark is an Israeli-based advisory firm that raises capital for Israeli publicly traded companies or Israeli companies seeking a public listing on the Tel Aviv Stock Exchange, Nasdaq or other stock exchanges.

About Cann-Is Capital Corp.

The corporation is a capital pool company (CPC). It has not commenced commercial operations and has no assets other than a minimum amount of cash. Except as specifically contemplated in the CPC policy, as defined in the final prospectus, until Completion of the qualifying transaction, the corporation will not carry on any business other than the identification and evaluation of assets or businesses with a view to completing a proposed qualifying transaction.

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