Fiore Cannabais Ltd. (FIORF)

[PotterBanker]

Liht Cannabis Corp. comments on a BCSC investigation between purported consultants and B.C. companies operating in the cannabis, cryptocurrency, mining and alternative energy sectors

https://www.prnewswire.com/news-releases/liht-cannabis-corp-comments-on-a-bcsc-investigation-between-purported-consultants-and-bc-companies-operating-in-the-cannabis-cryptocurrency-mining-and-alternative-energy-sectors-300756555.html

KELOWNA, BC, Nov. 28, 2018 /PRNewswire/ - Liht Cannabis Corp. (CSE: LIHT) (OTCQX: LIHTF) (FSE: 2M0) ("Liht") or the "Company") is a respondent in proceedings brought by the British Columbia Securities Commission as disclosed in a BCSC news release dated November 26, 2018. The BCSC alleges that service providers/respondents referred to as "The BridgeMark Group" purchased securities of the Company improperly in reliance on certain prospectus exemptions.

The Company had engaged consulting services which were to be provided by certain members of "The BridgeMark Group" listed in the BCSC news release. Prior to the announcement, the Company had undertaken its own internal investigation and fact-finding, to reconcile the contracts and services rendered to the Company. The Company's internal investigation has not yet been completed.

The Company welcomes the BCSC's examination of these matters, we will attend the hearing on December 7th, 2018 and cooperate with their investigation.

ABOUT LIHT CANNABIS CORP.

www.lihtcannabis.com

Liht Cannabis Corp. is a publicly traded company investing in the medical and recreational cannabis space, since 2014. Liht has rapidly expanded to include cultivation, production and dispensary locations in the key North American states of Washington, Nevada, and California, and are seeking expansion opportunities worldwide.

SOCIAL MEDIA:

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STOCK EXCHANGES:

Liht trades in Canada, ticker symbol LIHT on the CSE, in the United States, ticker symbol LIHTF on the OTCQX, and in Europe, ticker symbol 2M0 on the FSE. The Company also trades on other recognized platforms in Europe including Stuttgart, Tradegate, L & S, Quotnx, Dusseldorf, Munich, and Berlin.

Neither the CSE nor its Regulation Services Provider, the FSE nor the OTCQX® has approved nor disapproved the contents of this press release. Neither the CSE, the FSE nor the OTCQX® accepts responsibility for the adequacy or accuracy of this release.

MARIJUANA INDUSTRY INVOLVEMENT:

Canadian listings (CSE) will remain in good standing as long as they provide the disclosure that is rightly required by regulators and complying with applicable licensing requirements and the regulatory framework enacted by the applicable state in which they operate.

Liht owns marijuana licenses in California and Nevada. Marijuana is legal in each state however marijuana remains illegal under US federal law and the approach to enforcement of US federal law against marijuana is subject to change. Shareholders and investors need to be aware that adverse enforcement actions could affect their investments and that Liht's ability to access private and public capital could be affected and or could not be available to support continuing operations.

Liht's business is conducted in a manner consistent with state law and is in compliance with licensing requirements.

Copies of licenses are posted on Liht's website. Liht has internal compliance procedures in place and has compliance focused attorneys engaged in jurisdictions to monitor changes in laws for compliance with US federal and state law on an ongoing basis. These law firms inform any necessary changes to our policies and procedures for compliance in Canada and the US.