Bhang Wins 10th Cannabis Cup

Ice Milk Chocolate Nabs Top Spot at High Times NorCal People's Choice Cup

Las Vegas, Nevada--(Newsfile Corp. - September 9, 2021) - Bhang Inc. (CSE: BHNG) (OTCQB: BHNGF) ("Bhang" or the "Company"), a global cannabis CPG brand company with an award-winning portfolio of products, announced today that Bhang has won its 10th Cannabis Cup, grabbing first place in High Times' 2021 NorCal People's Choice Cup.

Bhang's Ice Milk Chocolate Bar won out over entries from KIVA, Dollar Dose, Santa Cruz Mountaintops, and Jelly Wizard in the edibles (non-gummies) category for the region. "Taking the top spot for the NorCal People's Choice Cup is very satisfying for us," says Jamie L. Pearson, President and CEO of Bhang Inc. "We were born in Oakland 11 years ago and continue to solidify our place in the industry next to other amazing cannabis edible products. This cup win represents the voice of the people, confirming that Bhang chocolate continues to be the best edible out there."

Bhang's tenth win in the edibles category comes after winning the 2020 High Times Illinois People's Choice Cup Best Edible with its Toffee and Smoked Sea Salt Dark Chocolate Bar.

About Bhang

Bhang is committed to making the fairly enjoyable ridiculously fun. For over a decade Bhang has delivered exceptional sensory experiences to consumers through its extensive portfolio of over 50 master-chef created cannabis, CBD and terpene products including gourmet chocolates, pre-rolls, CBD isolate, and Hempsticks™. Bhang's highly-awarded chocolates are among the top-selling edibles in 7 U.S. states and Canada. Bhang's CBD products are globally-distributed and are known for being safe, efficacious and delicious. Learn more at www.bhangnation.com and purchase our high-quality CBD products at www.bhangcbd.com. Life is Bhetter with Bhang!

FORWARD-LOOKING STATEMENTS

This press release contains statements which constitute "forward‐looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities. Forward‐ looking information is often identified by the words "may," "would," "could," "should," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect" or similar expressions and include information regarding: (i) statements regarding the future direction of the Company; (ii) the ability of the Company to successfully achieve its business and financial objectives; (iii) plans for expansion of the Company into new jurisdictions; and (iv) expectations for other economic, business, and/or competitive factors. Investors are cautioned that forward‐looking information is not based on historical facts but instead reflect the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward‐looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Among the key factors that could cause actual results to differ materially from those projected in the forward‐looking information are the following: changes in general economic, business and political conditions, including changes in the financial markets; in particular, in the ability of the Company to raise debt and equity capital in the amounts and at the costs that it expects; adverse changes in the public perception of cannabis; decreases in the prevailing prices for cannabis and hemp products in the markets that the Company operates in; adverse changes in applicable laws or adverse changes in the application or enforcement of current laws; the cannabis market is highly regulated and those regulations and enforcement priorities of governmental authorities may change; compliance with extensive government regulation and related costs; and other risks described in the Company's Listing Statement, dated July 9, 2019, and other filings on www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward‐looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward‐looking information except as otherwise required by applicable law.

Neither CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. ‎

Investors contact:
J. Graham Simmonds
Executive Chairman of the Board
Bhang Inc.
(416) 843-2881
invest@bhangcorporation.com

Media contact:
pr@bhangcorporation.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/95909

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