Christina Lake Cannabis Corp. announced several changes to the Board of Directors and Management, including the appointment of Jay McMillan as Chairman of the Board of Directors, effective December 9, 2022, the transition of Mervin Boychuk to Director, the retirement of Rob Jones, and the promotion of Milan Stefancik to Vice President of Sales and Marketing. Mr. McMillan will be replacing Mervin Boychuk, upon the completion of Mr. Boychuk's two-year term as he transitions to Director on the CLC Board.

Mr. Boychuk has had a successful 35-year career building, growing, and selling businesses. The Company wishes to thank Mr. Boychuk for his dedication and guidance over the last two years as Christina Lake has navigated the transition from an early start up to the next stage of its growth. His guidance has been instrumental in helping to position the Company as one of the country's leading cannabis extractors through responsible capital deployment.

The Company would also like to announce the retirement of Rob Jones, President. Rob joined Christina Lake in 2020 and played a key role in standing up a strong operational base and navigating numerous challenges over the years. Mr. Stefancik brings with him over 10 years of sales and marketing experience, including a thorough understanding of the cannabis market and well-developed key relationships.

Prior to his role at Christina Lake, he held the position of Director of Key Accounts at Aurora Cannabis.