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Fiore Cannabis Ltd.: Fiore Cannabis Closes Second and Final Tranche of Private Placement Kelowna, British Columbia (Newsfile Corp. - May 3, 2021) - Fiore Cannabis Ltd. (CSE: FIOR) (OTCQX: FIORF) ( Fiore or the Company ), a licensed multi-state cannabis cultivator, producer and retailer, today announced the closing of the second and final tranche of its previously announced non-brokered private placement (the Private Placement ) . In total, 2,093,244 units ( Units ) were issued at a price of $0.15 per Unit for gross proceeds of $313,987 with 3% coming from management and insiders. Each Unit in the Private Placement is comprised of one common share and one share purchase warrant. Each warrant is exercisable into one common share at an exercise price of $0.22 for a period of eighteen (18) months from the date of issuance. The warrants are subject to an accelerated expiry date if the trading price of the Company s common shares closes at or above $0.50 per share for a period of ten

United statesUnited kingdomBritish columbiaErik andersonNational instrumentFiore cannabis ltdInsiders of the companyBritish columbia newsfile corpPrivate placementMultilateral instrumentInsider participationNorth americanஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்பிரிட்டிஷ் கொலம்பியாஏறிக் ஆண்டர்சன்