An anonymous director reports

AUXLY ANNOUNCES INTERIM EXTENSION OF AUXLY LEAMINGTON CREDIT FACILITY

Auxly Cannabis Group Inc. has received an interim extension of the maturity date of the amended and restated credit facility between its wholly owned subsidiary Auxly Leamington Inc. and a syndicate of lenders, led by the Bank of Montreal as administrative agent, until Nov. 30, 2023.

The company and the lenders are working toward a formal credit amendment and longer-term extension, although there can be no assurance that an agreement with the lenders will be reached.

About Auxly Cannabis Group Inc.

Auxly is a leading Canadian consumer packaged goods company in the cannabis products market, headquartered in Toronto, Canada. The company's focus is on developing, manufacturing and distributing branded cannabis products that delight the company's consumers.

The company's vision is to be a leader in branded cannabis products that deliver on its consumer promise of quality, safety and efficacy.

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