Future Farmco Canada Inc. entered into an agreement to acquire Peace Naturals Project Inc. from Cronos Group Inc. (TSX:CRON) for CAD 23 million on November 26, 2023. The aggregate purchase price will be paid as CAD 0.1 million will be paid in trust within two business days of the date of the Sale Agreement (b) CAD 1 million will be paid in trust within five business days of the waiver or satisfactions of the Buyer?s Condition, the Seller?s Condition and the Lease Condition (each, as defined below) and (c) the balance of the aggregate purchase price will be paid at the closing. Transaction is subject to conditions including confirmation from Future Farmco that it has secured financing for the transaction and Cronos receiving approval from Health Canada for site perimeter changes.

Closing is expected to occur on the first business day that falls 30 calendar days following the later of (i) the satisfaction or waiver of the Buyer?s Condition or (ii) the satisfaction or waiver of the Seller?s Condition.