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Craftport Cannabis Announces Appointment of New Chief Executive Officer

C.CFT

Peachland, British Columbia--(Newsfile Corp. - July 6, 2022) - Craftport Cannabis Corp. (CSE: CFT) ("Craftport Cannabis" or the "Company") is pleased to announce that Mr. Feng Lv has been appointed as the Chief Executive Officer and Director of the Company. Mr. Lv replaces Michael Cosic as the Company's CEO and will fill the vacancy created from the resignation of Mr. Cosic as a director of the Company. Mr. Cosic held the CEO position since May 2021and has been a director of the Company since November 2020. He decided to step back for personal reasons. Craftport Cannabis wishes to thank Mr. Cosic for his contributions, and wishes him well. Mr. Cosic continues to be the Company's Interim CFO until a replacement has been identified.

Further, Mr. Cosic has also resigned as the sole director and President of Potanicals Green Growers Inc. ("PGG"), a wholly-owned subsidiary of the Company. Yuan Gao has been appointed as director of PGG.

About Craftport Cannabis

Craftport Cannabis is a Canadian cannabis licensed producer operating out of Peachland, British Columbia. The Company's focus is on the Canadian premium craft cannabis recreational market, utilizing an outsourced cultivation model.

For more information about Craftport Cannabis, please refer to information available under the Company's profile on SEDAR at www.sedar.com and the CSE website.

Mike Cosic
Interim Chief Financial Officer
Craftport Cannabis Corp.
mike.c@craftportcannabis.com
416-723-2103

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130148