Captor Capital Corp. Announces Investment in I-5 Holdings Inc. and Private Placement Financing

TORONTO, ONTARIO--(Marketwired - Nov. 29, 2017) - Captor Capital Corp. ("Captor" or the "Company") (CSE:CPTR)(CSE:CPTR.CN)(CNSX:CPTR)(FRANKFURT:NMV) announced today that it entered into a non-binding term sheet with I-5 Holdings Inc. ("I-5 Holdings") to acquire 12,500,000 common shares of I-5 at $0.40 per common share of I-5 Holdings for a total subscription of $5,000,000.

If this transaction is completed, Captor will hold approximately 21 percent of the issued and outstanding common shares of I-5 Holdings Inc. In consideration of Captor's investment and as a condition to closing, I-5 Holdings will grant an option to Captor (the "Option") to acquire an additional number of common shares of I-5 equal to 29 percent of the issued and outstanding common shares of I-5 Holdings at a price of $0.60 per common share of I-5. If Captor choses to exercise its option it would bring its total shareholdings to 50 percent. The Option may be exercised at any time for 12 months following the closing date. The transactions described above are conditional on, among other things, the parties entering into definitive documentation and receipt of regulatory approvals.

I-5 Holdings Inc. is a Canadian company focused on the US recreational and medicinal cannabis industries, with the goal of becoming a leading consumer-driven organization focused on delivering the highest quality cannabis products and experiences. With assets covering all three key verticals - cannabis production and processing, as well as a retail dispensary network - I-5 Holdings is uniquely positioned to benefit from the ongoing increase in legally available cannabis.

The company currently has operations in Washington and California, including core asset, MedMen, which operates I-5 Holdings' two dispensaries, including a 8,148 sq. ft. dispensary in Santa Ana, CA. Santa Ana is the only city within Orange County (population 3.17 million) to allow dispensaries and MedMen holds one of only 20 available licenses. I-5 Holdings also includes MainStem, a technology company that provides industry-leading products to cannabis businesses and Mellow Extracts, a service for hire extraction lab that serves as a wholesale supply chain partner for leading brands.