Subject: Dissemination of News Release for STKT (CSE)
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File: Attachment PR_STKT_Corporate_Update_032326.pdf
StickIt Announces Corporate Changes
VANCOUVER, BC, March 23rd, 2026 /PRNewswire/ - StickIt Technologies Inc. (the "Company" or
"STKT"), (CSE: STKT), a parent company of the Israeli technology and cannabinoid company StickIt Ltd.,
the developer exclusivity & patent protected of "Cannabis Sticks" Technology, wishes to advise that
Messrs. Asher Holzer and Steven Glaser have both resigned as directors of the Company, effective
immediately. The Board would like to thank them for their services to date.
The Company is pleased to announce the appointment of Mr. Ohad David as a director of the Company.
Mr. David brings to the Company over 15 years of experience in the international trading industry,
particularly in the area of importing and exporting precious commodities. Since January 2022, Mr. David
has served as CEO for Starmet Ventures Inc. (CSE: STAR). In his role as CEO, he focuses on business
development, investor relations and day to day management. Mr. David has cultivated his experience in the
industry through a number of business ventures across multiple industries.
About StickIt
Stickit primary assets consist of patents and patent applications related to plant extracts, therapeutic
compounds in smoking utensils, and honey complexes. StickIt have already patents granted in USA,
Europe, Israel and Canada. The Extra-C stick is created through a unique proprietary process, resulting in
condensed cannabis oil presented in a toothpick-like matrix, allowing for the easy conversion of regular
cigarettes into cannabis or hemp cigarettes.
StickIt operates from key facilities situated in Dalton, Northern Israel, these facilities are central to the
company's research, development, and manufacturing operations.
Stickit's operating model is to establish joint ventures in countries around the world where recreational
cannabis is permitted. Each licensee/joint venture partner will establish a production facility in which they
will add the cannabis content to sticks produced and supplied by Stickit. As part of those arrangements
StickIt is expected to provide the joint venture with the know-how required to manufacture the finished
product. The licensee/joint venture partner will produce the finished product, adding cannabis to the raw
materials provided by StickIt, and will sell them either directly to the points of sale or through distributors
The licensee is expected to pay a setup fee by investing the funds necessary to set up the local production
facility. Each licensee will have exclusive rights to produce and market Stickit products in their designated
territory
On behalf of the Board of Directors
/s/ "Eli Ben-Haroosh"
Eli Ben-Haroosh, CEO
For further information please contact
Mr. Eli Ban-Haroosh at info@stickit-labs.com;
972--549671720
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of
this press release.
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