Mr. Chris Cooper reports

SWEET EARTH ANNOUNCES $500,000 PRIVATE PLACEMENT

Sweet Earth Holdings Corp. has arranged a non-brokered private placement offering of 10 million units at a price of five cents per unit for gross proceeds of $500,000. Each unit consists of one common share of the company and one whole common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share at an exercise price of 10 cents per common share for a period of 24 months from the closing date of the offering.

The net proceeds of the offering are expected to be used for general working capital purposes and to pay the company's payables. The securities issued under the offering will be subject to a statutory hold period in Canada expiring four months and one day from the closing of the offering. No finders' fees are payable in connection with the offering.

The company has obtained securityholder approval for the offering, by consent resolution, in accordance with Section 4.6(2) of Canadian Securities Exchange Policy 4 (Corporate Governance, Security Holder Approvals and Miscellaneous Provisions). Closing of the private placement is expected to close on Monday, June 12, 2023.

About Sweet Earth Holdings Corp.

Sweet Earth is a hemp grower with a farm in Applegate, Ore., that maintains a full line of hemp and cannabidiol products for the U.S. and global market. Its products combine CBD with herbal and organic ingredients, all of which are selected for their beneficial properties to soothe, rejuvenate and reduce inflammation. In addition to high-end finished products, Sweet Earth prides itself on sustainability by minimizing the use of plastics in both production and packaging.

Sweet Earth maintains a portfolio of skin and body care products that include facial products, men's, spa, hemp and muscle products that are sold on its website.

Sweet Earth operates a proprietary on-line shopping portal for discerning pet owners offering pet treats composed of high-quality ingredients, which are further enriched with CBD and vitamin E. The treats are sold on its website. Sweet Earth has created a line of CBD prerolls that are made from 100 per cent naturally grown U.S. hemp flower that is rich in non-intoxicating cannabinoids like CBD and cannabigerol (CBG). The prerolls are completely free of tobacco, nicotine or additives. The prerolls are also rich in terpenes, like pinene, limonene and myrcene, and are sold on its on-line portal.