Mr. Michael Perron reports

MTL CANNABIS CORP. REPAYS 13.25% MORTGAGE AND STRENGTHENS BALANCE SHEET

MTL Cannabis Corp. has fully repaid its 13.25 per cent mortgage payable originally issued by MTL Cannabis's predecessor company to a private lender prior to the company's business combination with Canada House Cannabis Group.

MTL Cannabis fully paid off the mortgage in the amount of $2,129,423.90, consisting of a principal amount of $2,105,871.57 and interest and fees of $23,552.33.

"We are very fortunate to be in a position to continue to self-fund our ongoing organic growth, expansion of our operating assets, and reducing our interest expenses to maximize financial flexibility and strengthen our balance sheet," commented Michael Perron, chief executive officer of MTL Cannabis.

About MTL Cannabis Corp.

MTL Cannabis is the parent company of Montreal Medical Cannabis Inc., a licensed producer operating from a 57,000-square-foot licensed indoor grow facility in Pointe Claire, Que.; Abba Medix Corp., a licensed producer in Pickering, Ont., that operates a leading medical cannabis marketplace; IsoCanMed Inc., a licensed producer in Louiseville, Que., growing best-in-class indoor cannabis, in its 64,000-square-foot production facility; and Canada House Clinics Inc., operating clinics across Canada that work directly with primary care teams to provide specialized cannabinoid therapy services to patients suffering from simple and complex medical conditions.

As a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly craft for the masses. MTL Cannabis focuses on craft quality cannabis products, including lines of dried flower, prerolls and hash, marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. MTL Cannabis has also developed several export channels for bulk and unbranded good agricultural collection practice quality cannabis.

It is MTL Cannabis's goal for Abba Medix to become the leading distributor of medical cannabis in Canada and for Canada House Clinics to be the leading Canadian provider of medical cannabis clinic services.

We seek Safe Harbor.