Mr. Kyle Kingsley reports

GOODNESS GROWTH HOLDINGS ANNOUNCES VOLUNTARY CONVERSION OF SUPER VOTING SHARES BY ITS EXECUTIVE CHAIRMAN

Goodness Growth Holdings Inc. executive chairman Dr. Kyle Kingsley has voluntarily converted of all of his 65,411 super voting shares and, in connection therewith, the company has issued to Dr. Kingsley 6,541,100 subordinate voting shares of Goodness Growth's capital stock. Dr. Kingsley originally acquired the super voting shares in connection with the business combination of the company completed on March 18, 2019. The voluntary conversion is related to a recent financing undertaken by the company and Dr. Kingsley's financial interest in Goodness Growth will not change following the conversion.

Prior to giving effect to the completion of the voluntary conversion, Dr. Kingsley owns or controls, directly or indirectly, zero subordinate voting shares (calculated on a partially diluted basis, assuming in the calculation of Dr. Kingsley's holdings and the calculation of outstanding subordinate voting shares, the conversion of all super voting shares, but no other securities, being approximately 0 per cent of the outstanding subordinate voting shares) and 65,411 super voting shares of the company (being 100 per cent of the outstanding super voting shares of the company). After giving effect to the completion of the voluntary conversion, Dr. Kingsley will own, directly or indirectly, and exercise control over 6,541,100 subordinate voting shares, representing approximately 6.042 per cent of the outstanding subordinate voting shares and will no longer own, directly or indirectly, or exercise control over any super voting shares.

The super voting shares were converted pursuant to their terms for no further consideration. The subordinate voting shares owned by Dr. Kingsley are held for investment purposes only. Depending upon the circumstances, Dr. Kingsley may, from time to time, acquire additional securities or related financial instruments of Goodness Growth or dispose of all or a portion of the securities or related financial instruments of Goodness Growth previously acquired.

A copy of the early warning report will be filed by Dr. Kingsley under the company's profile on SEDAR+.

About Goodness Growth Holdings Inc.

Goodness Growth Holdings is a cannabis company whose mission is to provide safe access, quality products and value to its customers while supporting its local communities through active participation and restorative justice programs. The company is evolving with the industry and is in the midst of a transformation to being significantly more customer-centric across its operations, which include cultivation, manufacturing, wholesale and retail business lines. Today, the company is licensed to grow, process, and/or distribute cannabis in four markets and operates 14 dispensaries in three states.

We seek Safe Harbor.