Mr. Tom Kusumoto reports

GREENRISE ANNOUNCES FILING OF ANNUAL FINANCIAL STATEMENTS FOR REVOCATION OF MCTO

Greenrise Global Brands Inc., further to its news releases dated May 2, May 16, May 30, June 13, and June 27, 2023, the company has filed its audited financial statements, accompanying management's discussion and analysis, and related chief executive officer and chief financial officer certifications for the year ended Dec. 30, 2022, onto SEDAR.

As a result of the filing of the annual filings, the company expects that the management cease trade order (MCTO), granted on May 2, 2023, by applicable securities regulatory authorities, will be revoked, and directors and officers of the company will be permitted to trade securities of the company.

Furthermore, the company's unaudited interim financial statements, management's discussion and analysis, and related certifications for the three-month period ended March 31, 2023, will be filed on or before July 14, 2023.

About Greenrise Global Brands Inc.

Greenrise is a Canadian publicly traded investment holding company.

We seek Safe Harbor.