CNBX Pharmaceutical Inc.

The company has secured a $10 million Standby Equity Distribution Agreement (SEDA) with YAII PN, Ltd., which enables $10 million of common stock purchases over the next 36 months. Shares will be purchased at a 2 percent discount on market price and will be subject to certain ownership limitations. Previous Cannabics filings with the Securities and Exchange Commission registered all common stock shares to be offered and sold by YAII PN, Ltd., which enables substantially less dilution for existing shareholders when compared to convertible transactions or direct loan agreements.