Radiko Holdings Corp. (GEATF)

[JohnCM]

INTERNATIONAL CANNABRANDS ANNOUNCES BOARD CHANGE
AND CLOSING OF PRIVATE PLACEMENT

October 5, 2018

International Cannabrands Inc. (CSE:JUJU) (the
“Company”) announced today that Jeffrey Britz has resigned as a director of the Company.
Steve Gormley, CEO commented: “We wish to send our heartfelt thanks to Jeffrey for his years
of service and critical role in founding the Company. We wish him and his family all the best in
the future.”

The Company also wishes to announce it completed a non-brokered private placement of
3,774,237 units at a price of $0.021 per unit for gross proceeds of $792,590, with each unit
consisting of one common share and one half of one share purchase warrant. Each whole warrant
entitles the holder to acquire a common share at a price of $0.30 per share for a period of twelve
months, subject to the ability of the Company to accelerate the expiry date if at any time during
the term of the warrants the volume weighted average closing price of the Common Shares on
the CSE is $0.50 or more for 10 consecutive trading days.