Green Acre Capital Distribution Corp. Makes Additional Investment of US$1.99 Million, Increasing Its Interest in the US Distribution Joint Venture to 50.2% and Humble & Fume Provides Additional Information Concerning Recently Closed Private Placement

TORONTO, June 19, 2023 /CNW/ - Humble & Fume Inc. (CNSX:HMBL.CN) (OTCQX:HUMBF) ("Humble" or the "Company"), a leading North American distributor of cannabis and cannabis accessories, announced today that Green Acre Capital Distribution Corp. ("Green Acre") has invested a further cash amount of US$1,995,961.46 in HC Solutions Holdings Inc. ("HCI") and Humble has invested a further US$1,895,961.46 in HCI, through the forgiveness of an equivalent amount owing by HCI directly or indirectly to Humble. HCI is a joint venture company established by Humble and Green Acre for the purpose of distribution of cannabis, initially focused on accelerating the Company's expansion into cannabis distribution operations throughout the United States in California.