Trees Corporation announce that it is now provincially licensed to operate in British Columbia, having received due diligence approval from the British Columbia Liquor and Cannabis Regulation Branch. Trees will now commence with the closing of its previously announced acquisition of five (5) stores on Vancouver Island pursuant to the terms of the third amended and restated asset purchase agreement between Trees and 1015712 B.C. Ltd. Until such time as the transactions contemplated by the APA close, the 5 stores will continue to operate as Trees Cannabis locations in accordance with the previously disclosed brand license agreement between the parties.