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CanadaBis Announces Change of Year End

V.CANB

CALGARY, ALBERTA--(Marketwired - March 15, 2017) - CANADABIS CAPITAL INC. (the "Corporation" or "CanadaBis") (TSX VENTURE:CANB.P), a capital pool company, announced today that it has changed its year‐end to December 31st from November 30. CanadaBis' transition year will be the thirteen month period ending December 31, 2017. The new financial year will be the 13 month period ending December 31, 2017. This will align the Corporation's financial reporting with the majority of publicly traded companies and facilitate the process of completing a Qualifying Transaction pursuant to TSX Venture Exchange Policy 2.4.

The forward-looking statements contained in this press release are made as of the date of this press release, and CanadaBis does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Barb O'Neill
Corporate Secretary
(587) 356-5625

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