CordovaCann receives license to open first Star Buds Cannabis Co. store in British Columbia

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Star Buds Cannabis Co. Granted Regulatory Approvals to Operate in Fourth Canadian Province with the Company's 13th Store in Canada

CordovaCann Corp. (CSE:CDVA) (OTCQB:LVRLF) ("Cordova" or the "Company"), a cannabis-focused consumer products company, is pleased to announce that it has received its cannabis retail license to open the first Star Buds Cannabis Co. store in the province of British Columbia. The store is located at 2090 Harvey Avenue, Unit 2 in the City of Kelowna, and it will be the thirteenth Star Buds Cannabis Co. branded retail store in Canada. The store will open in early February and will be open for walk-in customers and for processing of online orders for in-store pickup that are made through its website. The official grand opening of the store is scheduled for Saturday, February 12, 2022.

Cordova is continuing its strong pace of store openings with plans to open three additional Star Buds Cannabis Co. retail stores across Canada in the next 2 months. The Company is also currently considering acquisition opportunities to accelerate growth.

Newly opened stores continue to ramp nicely, and the six most recently opened stores in the chain all generated record revenues in December. This growth, combined with the expanding operations in the United States position Cordova for a strong 2022.

"We are excited to finally open our first store in British Columbia and bring the Star Buds Cannabis Co. brand to Kelowna," stated Taz Turner, Chairman and CEO of the Company.

"Our belief in our Canadian retail strategy has never been stronger, and we believe our presence across Canada will open up additional growth opportunities for the brand."

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