SIMPLY SOLVENTLESS ANNOUNCES HIGHLY ACCRETIVE ALL SHARE DEAL TO ACQUIRE CANADABIS (STIGMA GROW), CREATING #2 CONCENTRATES AND #5 PREROLL PRODUCER, AND CANADABIS ANNOUNCES $2.5 MILLION CONVERTIBLE DEBENTURE FINANCING

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CALGARY, AB, March 12, 2025 /CNW/ - Simply Solventless Concentrates Ltd. (TSXV:HASH.VN) (OTC:SSCLCF) ("SSC") and CanadaBis Capital Inc. ("CanadaBis" or "Stigma Grow") (TSXV:CANB.VN) are pleased to announce that they have entered into an arrangement agreement (the "Arrangement Agreement") dated March 11, 2025 pursuant to which SSC will acquire all of the issued and outstanding common shares of CanadaBis by way of a court approved plan of arrangement under the Business Corporations Act (Alberta) (the "Transaction"). Upon closing of the Transaction, the combined entity is estimated to rank second and fifth in the Canadian concentrates and preroll categories respectively, excluding Quebec. CanadaBis also announces that it has launched a brokered private placement financing of up to 2,500 unsecured convertible debentures (the "Debentures") at a price of $1,000 per Debenture, for gross proceeds of up to $2.5 million (the "Financing"), led by Research Capital as the sole agent and sole bookrunner.