THC BioMed Intl Ltd. announced that effective June 10, 2022, it entered into a Broker and Commercial Sales Agreement with World Wide Brands Limited ("WWB") for sales and distribution in Saskatchewan (the "Agreement"). In the Agreement, THC BioMed appoints WWB as its exclusive agent in Saskatchewan for the solicitation of orders and the promotion of sales of its products to qualified purchasers. While THC BioMed remains in charge of the overall commercial strategy for its products, WWB will develop a commercial marketing plan for Saskatchewan with THC BioMed. In
consideration for the services, THC BioMed will pay WWB commissions on net sales. The Agreement replaces the Company's commercial sales agreement with National Cannabis Distribution, which is expiring.