BYND Cannasoft Enterprises Inc (BCAN)

[DOGONE]

NEWS RELEASE - For Immediate Release



BYND Cannasoft Enterprises Inc. Announces Voluntary Delisting from Canadian Securities Exchange



ASHKELON, Israel and VANCOUVER, British Columbia – TheNewswire – March 12, 2024 - BYND Cannasoft Enterprises Inc. (Nasdaq:BCAN) (CSE:BYND) (“BYND Cannasoft” or the “Company”) an Israeli-based integrated software and cannabis company, today announced that it has applied and received approval for a voluntary delisting of its common shares from the Canadian Securities Exchange (“CSE”). The delisting from the CSE will not affect the Company’s listing on the NASDAQ Capital Market (the “NASDAQ”). The common shares will continue to trade on the NASDAQ under the symbol “BCAN”.



The Company believes that the trading volume of its shares on the CSE no longer justifies the expenses and administrative efforts required to maintain a dual listing. The Company also believes that delisting from the CSE will create a central marketplace for its common shares on the NASDAQ, and ultimately benefit the long-term liquidity and shareholder value of the Company.



It is anticipated that, effective as at the close of trading on or about March 14, 2024, BYND Cannasoft’s common shares will no longer be listed and posted for trading on the CSE.



Following delisting from the CSE, BYND Cannasoft’s shareholders can trade their common shares through their brokers on NASDAQ. As most brokers in Canada, including many discount and online brokers, have the ability to buy and sell securities listed on NASDAQ, BYND Cannasoft’s ‘s NASDAQ listing will continue to provide shareholders with the same accessibility to trade the Company’s common shares. Shareholders holding shares in Canadian brokerage accounts should contact their brokers to confirm how to trade BYND Cannasoft’s shares on the NASDAQ.