Cannara Biotech Inc. Enters into an Automatic Share Purchase Plan

February 28, 2023

MONTREAL, Feb. 28, 2023 /PRNewswire/ – Cannara Biotech Inc. (“Cannara” or the “Company“) (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade cannabis and derivative products with one of the largest indoor cannabis cultivation facilities in Canada and the largest in Quebec, today announced that it has entered into an automatic share purchase plan (“ASPP“) with Raymond James Ltd. (“Raymond James“), acting as Cannara’s broker, in order to facilitate repurchases of the Company’s common shares (“Common Shares“) under its previously announced normal course issuer bid (“NCIB“).

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