Radiko Holdings Corp. (GEATF)

[JohnCM]

INTERNATIONAL CANNABRANDS ANNOUNCES DISTRIBUTION AGREEMENT
WITH SOLSTICE IN WASHINGTON STATE

September 25, 2018

International Cannabrands Inc. (CSE:JUJU) (the
“Company”) is pleased to announce that it has entered into a distribution agreement with
Solstice Holdings, Inc. (“Solstice”), a private company in Washington State, for the production,
promotion and distribution of the Julian Marley JuJu Royal™ line and other products of the
Company in the Washington State market.

As part of its investment in Riotus LLC (see press
releases dated August 16, and August 29, 2018), the Company was able to leverage the strategic
relationships of Riotus and gain access to this important market.

Solstice and the Company
reached an agreement on the principal terms for distribution and expect to have the formal
distribution agreement completed within the next couple weeks. Product promotions within
Washington State are expected to be scheduled before the end of the year.
Washington State is one of the three largest cannabis markets in the US. According to statistics
reported by the Washington State Liquor and Cannabis Board, total sales of cannabis in
Washington State for 2017 were $1.37 billion.

The market continues to evolve with a growing
number of brand and dispensary companies emerging as leaders.
Founded in 2011, Solstice started as the first commercial cannabis production company the state
had ever seen.

Today it is one of the largest and most respected distributors of state legalized
cannabis in Washington State. Its brands include the Solstice, Giant, C&D, and Swamp Boys
brands in the state. Solstice’s mission is to provide high quality brands and unique products to its
dispensary partners and consumers.

“International Cannabrands is building a portfolio of unique, premium brands. We are excited
about this opportunity to provide their products to our loyal customers. Solstice’s
commitment is to elevating consumer choice and access to elite quality and differentiated
product. ICI shares these values and we look forward to exploring how their brands can grow in
our markets. As we have said before, we value partners who have history in the industry and
respect for the plant. It’s hugely important to us that the good stuff doesn’t get lost.” -
Will Denman, CEO Solstice Holdings, Inc.

“We are tremendously excited about this partnership with Solstice. The Washington market is a
leader in innovative, authentic cannabis products. Our unique and high quality lifestyle offerings
are a perfect fit.” – Steve Gormley, CEO International Cannabrands Inc.