Nextleaf Solutions Ltd. to provide the following commercial and intellectual property update: Cannabis Extraction Agreement with White Label Producer: The Company's wholly owned subsidiary Nextleaf Labs Ltd. has entered into a Cannabis Extraction Agreement with a licensed producer in Ontario, which is a premium white label flower producer. Pursuant to the Extraction Agreement, the Client provides cannabis biomass to be processed into THC distillate by Nextleaf Labs. The extraction services may be paid in-kind, with Nextleaf Labs retaining a portion of the resulting bulk THC distillate. The initial term of the Agreement will end on the earlier of (a) 12 months, and (b) the date upon which 1,000 kilos of marijuana have been processed by Nextleaf Labs. Nextleaf Labs wholesales THC and CBD oils through its Commercial Partners Program and provides cannabis extraction services. The Company's investment in intellectual property and its automated closed-loop extraction plant provides a clear competitive advantage supplying low-cost cannabinoid distillate. The Mexican Institute of Industrial Property has granted OILS a patent for the Company's foundational process for producing high-purity cannabinoid distillate. On September 19, 2020 the Mexican Senate approved a comprehensive adult-use marijuana legalization bill. The pending law requires President Andrés Manuel López Obrador signing the bill into law, which will make Mexico the third country to legalize adult-use cannabis, following Canada and Uruguay. Once signed, Mexico will become the legal cannabis market in the world, based on population. Nextleaf owns the second patent portfolio of any cannabis company, and has been issued patents in Canada, the United States, Israel, Australia, New Zealand, Mexico, Colombia, South Africa, the U.K. and across Europe.