1371511 B.C. Ltd. acquired National Cannabis Distribution Inc. from Kiaro Holdings Corp. (TSXV:KO) for CAD 1.5 million on September 15, 2022. In consideration for the Shares, the Purchaser will pay CAD 0.5 million in cash on closing. Under the Transaction, the Purchaser has further agreed to pay KBI an earn-out payment of up to CAD 1 million.

1371511 B.C. Ltd. completed the acquisition of National Cannabis Distribution Inc. from Kiaro Holdings Corp. (TSXV:KO) on September 15, 2022.