Vibe Growth Corporation announced it has received the initial license approval from California's Department of Cannabis Control (the "DCC") to commence adult-use retail sales at its newest dispensary location in Ukiah, California. Ukiah is Vibe's seventh retail dispensary, and the Company continues to expand its retail footprint. The Ukiah approval follows the Company's recent announcement of its license at its Salinas retail dispensary location.

Vibe's California retail dispensary portfolio footprint currently spans locations in Sacramento, Stockton, Redding, Palm Springs, Salinas, and Ukiah, in addition to its Portland, Oregon dispensary. Vibe received its license from the DCC under its subsidiary - Vibe Ukiah LLC, for adult-use sales in its dispensary located at 441 State Street N, conveniently located in the heart of Ukiah's vibrant downtown core. The new Vibe By California branded Ukiah dispensary is scheduled to open on March 4th and offers exceptional foot traffic access and visibility from the city's bustling downtown core.

The Ukiah dispensary will provide consumers across the Mendocino Valley with a wide selection of leading cannabis brands and products. The Ukiah location will stock up to 20% of Vibe By California shelf space with Vibe's owned and branded products. Vibe will offer a curated product assortment featuring top-tier California brands and the Company's Hype Cannabis Co.

marijuana product lineup. This retail license also provides the ability to deliver cannabis products directly to consumers throughout Mendocino County via Vibe By California's online ordering and same-day delivery service.