ICC International Cannabis Corp WLDCF

ICC Email

[Navretire55]

Dear Sir, Thank you for your email. We believe the new combined entity of Aurora and ICC will create several strategic synergies and is a value-maximizing transaction for ICC shareholders. Specifically, ICC shareholders will receive the following benefits: Premium: The Share Consideration represents a premium of approximately 34% on the 20-day volume-weighted average trading price of ICC Shares on the TSX-V for the period ending August 22, 2018, the last trading day prior to ICC issuing a news release in respect of a media report speculating as to a potential transaction involving the acquisition of ICC. Shareholder Support: Union Group International Holdings Limited has entered into a support agreement with Aurora to, among other things, vote the ICC Shares owned by it in favour of the Transaction and to otherwise support its completion, subject to the terms and conditions of such support agreement. Union Group holds approximately 29% of the issued and outstanding ICC Shares. All of the directors and senior officers of ICC (who hold in the aggregate approximately 0.4% of the issued and outstanding ICC Shares on a non-diluted basis) have entered into similar support agreements with Aurora pursuant to which they have agreed, among other things, to support the Transaction and vote their ICC Shares in favour of the Transaction. Liquidity: Aurora Shares are listed and posted for trading on the TSX, providing ICC shareholders with potentially greater liquidity. Aurora Shares: ICC shareholders, who will represent approximately 3.6% of outstanding Aurora Shares after giving effect to the Transaction, will have the opportunity to participate in the future potential increase in the value of Aurora, one of the world's largest vertically integrated cannabis companies with a well-developed international footprint across five continents. In pursuing this transaction, Canaccord was engaged to run the sale process and provided a fairness opinion. In addition, the board of directors subsequently engaged INFOR Financial to provide an independent fairness opinion. More details about the transaction will be outlined in our circular which will be mailed to shareholders in early October. Regards, ICC Labs Team Plaza Independencia 737 F.4 11000 Montevideo - Uruguay