Notification of Issue of Securities

Please find attached the Capital Change Notice regarding the issue of ordinary shares. This notice relates to CBD's recent Rights Issue and Oversubscription Bookbuild Capital Raise Offer that raised a total of $3,180,186 through the issue of 10,600,621 new ordinary fully paid shares. The final allotment report confirms the below breakdown: Entitlement Shares 5,062,994 @ $0.30 cents Oversubscription Bookbuild Shares 5,537,627 @ $0.30 cents Total Funds Raised $3,180,186 -ENDS- For further information visit www.cannasouth.co.nz or contact: Mark Lucas CEO / Executive Director Email: mark.lucas@cannasouth.co.nz Mobile: 021 484 649 Colin Foster CFO / Company Secretary Email: colin.foster@cannasouth.co.nz Mobile: 027 577 1498 End CA:00398756 For:CBD Type:SECISSUE Time:2022-09-14 09:47:37