314 PURE CANNABIS LTD.

On October 25, 2023 by order of the Honourable Justice C. Feasby (the “Interim Receivership Order”) of the Court of King’s Bench of Alberta (the “Court”), Harris & Partners Inc. (“HPI”) was appointed interim receiver (the “Interim Receiver”) of 314 Pure Cannabis Ltd. (“314 Pure” or the “Debtor”) pursuant to section 47(1) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3 s.13(2) of the Judicature Act, RSA 2000, c J-2 and s.242(3) of the Business Corporations Act, RSA 2000, c B-9.

The Interim Receivership Order empowered and authorized, but did not obligate the Interim Receiver to, among other things, take various steps to preserve and protect the Debtor’s Records and Property, as defined in the Order, including accessing, preserving and protecting the Records and the Debtor’s premises. The Interim Receivership Order did not allow the Interim Receiver to take possession or control of the Property.

On January 11, 2024 by order of the Honourable Justice C.M. Jones (the “Receivership Order”) of the Court of King’s Bench of Alberta (the “Court”), HPI was appointed as the receiver (the “Receiver”) of 314 Pure and its current and future assets, undertakings and properties of every nature and kind whatsoever, and wherever situate, including all proceeds thereof but excluding the Excluded Assets as defined herein (the “Property”).