Zenabis Global Inc.

10:27 AM EST - Zenabis Global Inc. : Provided a corporate update on its recent activities. The Company has entered into multiple international supply arrangements and expects to ship 550 kg of dried cannabis in July and August under these arrangements. Ongoing demand under these arrangements is expected to be 750 kg per month by the start of the fourth quarter of 2020. Zenabis Atholville remains in steady state production, with June harvest volumes within 1% of design capacity. Through a combination cultivation output from Zenabis Atholville and Zenabis Langley, Zenabis does not expect to require any further expansion of cultivation capacity at this time. Zenabis Global Inc. shares T.ZENA are trading up $0.01 at $0.11.

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