(via TheNewswire)

VANCOUVER, BC – TheNewswire - July 2, 2026 - StickIt Technologies Inc. (the " Company "), (CSE: STKT), a parent company of the Israeli technology and cannabinoid company StickIt Ltd., the exclusive developer of the patent protected "Cannabis Sticks" technology, today announced that it has changed its auditor from Bassi & Karimjee LLP to Ovadia Kriheli & Co., effective October 27, 2023. The change was made in connection with the completion of the Company's reverse takeover transaction described in its Non-Offering Final Prospectus dated October 24, 2023. The Company is relying on an exemption from the change of auditor requirements set out in Section 4.11(3)(a) of NI 51-102 - Continuous Disclosure Obligations and in this regard confirms that there were no reportable events between the Company and Bassi & Karimjee LLP.

The Company also wishes to confirm that Ovadia Kriheli & Co., has been confirmed as the Company’s auditor at each of the annual general meetings of the Company's shareholders held on May 29, 2024 and June 26, 2025.

About StickIt Technologies Inc.

The Company’s primary assets consist of patents and patent applications related to plant extracts, therapeutic compounds in smoking utensils, and honey complexes. The Company already has 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.

The Company operates from key facilities situated in Dalton, Northern Israel. These facilities are central to the Company's research, development, and manufacturing operations.

The Company’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 the Company. As part of those arrangements the Company 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 the Company, 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 the Company’s products in their designated territory.

On behalf of the Board of Directors

Sophya Galper Komet

For further information please contact:
Sophya Galper Komet, Chief Financial Officer

Sophie.galper@gmail.com

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.

Forward Looking Statements

This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, are forward-looking statements. The Company provides no assurance that forward-looking statements and information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not undertake to update any forward-looking statements, other than as required by law. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company. Readers are cautioned not to place undue reliance on forward looking statements.

NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION VIA US NEWSWIRE SERVICES

Copyright (c) 2026 TheNewswire - All rights reserved.