SpotLite360 IOT Solutions, Inc. announces that it has executed a master terms agreement dated March 30, 2022 (the “Master Agreement”), to create a strategic relationship with American Cannabis Consulting an arm's length party to the Company. Denver, Colorado based ACC is a nationally recognized business-to-business cannabis consulting solutions provider and licensed owner operator with a number of significant brands and company relationships. As recently as February 25, 2022, ACC announced a partnership with the Bubba Kush cannabis brand.

Under the terms of the Master Agreement, both companies will work together in joint consulting engagements to leverage their combined strengths. SpotLite360's recent announcement of acquiring a majority interest in E3 Service Group, combined with SpotLite360's SaaS based technology and ACC's deep history of indoor cannabis cultivation knowledge can offer best in-class design, build, total cost of ownership, production and financial returns. SpotLite360's technology will provide supply chain transparency including the necessary proof of sustainability claims. Both companies are currently working together on significant customer opportunities in seven (7) different states.

Most projects are new construction opportunities with several in advanced discussions. Joint announcements are anticipated throughout the remainder of 2022.