Toronto, Ontario--(Newsfile Corp. - March 5, 2019) - City View Green Holdings Inc. (formerly Icon Exploration Inc.) (the
"Company" or "City View") trading through the facilities of the Canadian Securities Exchange ("CSE") under the
symbol "CVGR" is pleased to announce that after significant due diligence, the Company has entered into an agreement to purchase
Supercritical Fluid Extraction Equipment, the best method of selectively, and cost-effectively, extracting pure cannabis extracts
containing THC, CBD and terpenes from the cannabis plant. Rob Fia, CEO of the Company stated: "The System we have chosen replaces
the current mismatched collection of manual and semi-automatic solutions we've explored and offers an integrated system which
maximizes product quality while minimizing labor expenses and yield losses. Our chosen supplier's patented and proprietary
extraction system offers the most consistent results and highest yields, with no degradation of materials." Mike Hagopian, City
View Green's Extraction Guru added: "The equipment we have selected has been successfully used for a quarter century in fluid
extraction and their methods have been applied to over 600 natural oils and compounds from over 300 different bio-botanical raw
materials. We are very confident this equipment will establish us as a leader in the processing of high-quality THC and CBD
extracts"
City View Green Holdings Inc. which began trading March 5, 2019, has been structured to be a vertically integrated cannabis
company focused on seed to retail. Upon receipt of its Cannabis Act licence, City View will incorporate growing, extraction,
production and retail at their Brantford, Ontario facility. It is our intention that City View will grow exceptional quality
cannabis and produce high quality extracts. Once legalized, it is our expectation that City View will produce high quality edible
products, distillates and water-soluble products for the beverage market. In addition, City View owns a 19.9% stake in Budd Hutt
Inc. Budd Hutt is a retail focused Cannabis company with access to licenses in Alberta and other retail opportunities across
Canada. We expect that Budd Hutt will secure shelf space and distribution opportunities for City View's products. City View's
Future is Green. Follow the Green. For more information visit www.cityviewgreen.ca.
For further information contact:
City View Green Holdings Inc.
Rob Fia, CEO & Director
Email: rob@cityviewgreen.ca
Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or
accuracy of this release.
Disclaimer for Forward-Looking Information
This press release contains forward-looking statements regarding the company's future extraction business and information
that are based on the beliefs of management and reflect the Company's current expectations. By their nature, forward-looking
statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or
achievements, or other future events, to be materially different from any future results, performance or achievements expressed or
implied by such forward-looking statements. There are a number of important factors that could cause the Company's actual results
to differ materially from those indicated or implied by forward-looking statements and information. When relying on the Company's
forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors
and other uncertainties and potential events. THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE
EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS
SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE.
WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN
ACCORDANCE WITH APPLICABLE LAWS.
This press release is not an offer of the securities for sale in the United States. The securities have not been registered
under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an
exemption from registration. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor
shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.
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