Zenabis Global Inc.

09:38 AM EST - Zenabis Global Inc. : Has entered into a rental rebate, liability contribution and share purchase agreement with Langley Propagation and Floral Company Ltd. which provides for the sale of all of the shares of the Company's wholly-owned subsidiary Bevo Farms Ltd. owned by Zenabis, funding for certain liabilities of Zenabis, the retention of the existing debt of Bevo by this entity combined with a guarantee of the existing debt of Bevo by Langley, and significant reductions to certain rent amounts owing by Zenabis to Bevo, subject to the terms and conditions therein. Zenabis Global Inc.

shares T.ZENA are trading unchanged at $0.05.

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