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March 29, 2021

Fiore Cannabis Provides Update on Expired Warrants and Decreased Shares Outstanding

Kelowna, British Columbia — Fiore Cannabis Ltd. (CSE:FIOR) (OTCQX:FIORF) (“Fiore” or the “Company”), a licensed multi-state cannabis cultivator, producer, and retailer, today reminded shareholders that the outstanding warrants to purchase shares at a par value of $11.60 per share have been delisted by the Canadian Securities Exchange (“CSE”) as of March 22, 2021. The warrants had traded on the CSE under the symbol FIOR.WT. They were originally listed on February 21, 2018 and expired on January 31, 2021. The number of the Company’s fully diluted shares outstanding has therefore been decreased.

Notice regarding the warrants is available at https://thecse.com/en/about/publications/bulletins/2021- 0335-expiry-fiore-cannabis-ltd-warrants-fiorwt.

About Fiore Cannabis

Fiore Cannabis Ltd. (CSE:FIOR) (OTCQX:FIORF) is a publicly-traded company that has been investing in the development of medical and recreational cannabis products since 2014. Fiore has expanded its operating portfolio to include cultivation, production, and retail offerings in our key North American legal jurisdictions of Nevada and California. For more information, please visit www.fiorecannabis.com.

For Further Information:

Erik Anderson, President and CEO
1-877-438-5448 Ext. 713
[email protected]

March 29, 2021

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