Cannabis CPG MSO BellRock Brands Provides Further Update on Previously Announced Equity …

Under the amended terms, the Equity Financing is expected to be structured as an initial US$30,000,000 unit offering at a price per unit of US$0.0685, with each unit comprised of one common share warrant.

Completion of the Equity Financing is subject to satisfaction of numerous conditions, including execution of definitive agreements and receipt of all applicable third party and regulatory approvals.

The securities issued referenced herein have not been and will not be registered under the United States Securities Act of 1933, as amended or any state securities laws, and may not be offered or sold within the United States or to U.S.

ABOUT BELLROCK BRANDS:BellRock Brands is a national cannabis house of brands and intellectual property focused CPG operator that possesses one of the industry’s broadest branded product portfolios.

CAUTION REGARDING FORWARD-LOOKING INFORMATIONThe information provided in this press release may contain “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws.

With respect to the forward-looking statements contained herein, although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements as no assurance can be given that they will prove to be correct.

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