FGH to Acquire German Pharmaceutical Distributor - Seite 3

Media Enquiries and Contact for Further Information

Clifford Starke, CEO and Executive Chairman Tel: [phone]

Buchanan Communications Ltd Tel: [phone]

Jamie Hooper / Ariadna Peretz [e-mail]

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.

Cautionary Statement Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable securities laws, including without limitation statements regarding the potential acquisition of the Target Company, the expected benefits and synergies of the Acquisition to the Company's business, the expectation that Germany will continue towards the full legalization of cannabis, the Company's financing plans, satisfaction of conditions to completing the Acquisition including approval of the TSX Venture Exchange, as well as statements regarding the business of Franchise Global and its prospects. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information is based on management's current expectations, estimates, beliefs and/or opinions and is based on information currently available to them (including information obtained from third party industry analysts and other third-party sources) and on assumptions they believe not to be unreasonable in light of all of the circumstances. Some of the key assumptions and estimates relied on by management of Franchise Global in expressing the forward‑looking information in this news release include assumptions regarding the Company's ability to negotiate definitive documentation and complete the Acquisition on the timeline expected, that conditions to completing the Acquisition will be satisfied or waived, that the opportunities represented by historical growth in the German medical cannabis market will continue and that Germany will continue towards legalization of cannabis, and that the Company's business will benefit from expected synergies following completion of the Acquisition.