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Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for February 2023

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”), has filed a Form 8-K containing its monthly report for the period ended February 28, 2023. An aggregate total distribution of $8 million or $0.106699 per trust certificate will be paid on March 10, 2023, to certificateholders of record as of March 9, 2023. Additional information, including the Trust’s Monthly Report and Quarterly Report, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Copper Property CTL Pass Through Trust Larry Finger | Principal Financial Officer +1 310-526-1707 lfinger@ctltrust.net Copper Property CTL Pass Through Trust Mary Jensen | Investor Relations +1 310-526-1707 mjensen@ctltrust.net Company Website https://ctltrust.net/about/default.aspx

March 07, 2023 03:15 PM Central Standard Time

Copper Property CTL Pass Through Trust Files Annual Report for the Period Ended December 31, 2022

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”) has filed its Annual Report with the SEC on Form 10K for the year ended December 31, 2022. As previously announced, the Trust will host a live conference call to discuss its recently filed 10K and its most recent Monthly Report. The conference call will be held on Wednesday, March 8, 2023 at 11:00 am Eastern Time and will include a Question and Answer (Q&A) session. Conference Call Details: DATE: Wednesday, March 8, 2023 TIME: 10:00 am CDT | 11:00 am EDT DIAL-IN: U.S. & Canada Toll Free: (877) 841-2983 or International (215) 268-9893 WEBCAST: www.ctltrust.net via the Investor Relations Section or click here to access REPLAY (Available for 30 days): U.S. & Canada Toll Free: (877) 660-6853 / International: (201) 612-7415 Conference ID#: 13736358 Telephone Replays will be made available approximately 3 hours after conference end time. Participants will be required to state their name and company upon accessing the replay. Additional information, including the Trust’s Monthly Report and Annual Report, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Copper Property CTL Passthrough Trust Larry Finger | Principal Financial Officer +1 310-526-1707 lfinger@ctltrust.net Copper Property CTL Passthrough Trust Mary Jensen | Investor Relations +1 310-526-1707 mjensen@ctltrust.net Company Website https://ctltrust.net/about/default.aspx

March 07, 2023 04:00 PM Eastern Standard Time

ZICIX+CTIP-FII RECEIVES NOTICE TO PROCEED FROM PROJECT OWNER TO START THE $20 MILLION SENIOR CITIZENS RESIDENCE PROJECT IN NEWARK, NEW JERSEY

Zicix Corporation

McapMediaWire -- Zicix Corporation’s (OTC Pink: ZICX) Chairman, Mr. William A. Petty has received a progress report from its ZICIX President, Mr. Fernando M. Sopot that ZICIX+CTIP-FII has been issued a Notice To Proceed (NTP) to start the development of the $20 million Senior Citizens Residence Project located at 861-869 Clinton Avenue, (Block 3016/Lot 25), Newark, New Jersey 07108. ZICIX+CTIP-FII in its capacity as the Project Developer accepted the NTP from the Project Owner, the International Federation of Chaplains, Inc. (IFCI) to start its development works as mandated in their contract. ZICIX+CTIP-FII in its capacity as the Project Developer is expected to mobilize all the participants in the Project which includes the architectural and engineering firm, the structural engineers, and other consulting firms involved in the specialty works. ZICIX+CTIP-FII, role, obligations and responsibilities are defined in the contract between the Project Owner and ZICIX+CTIP-FII. By technical definition, Project Developer is a professional firm, that manages the operation of a project, by being the lead of an oversight team, conducting research and creating plans that best suit the needs of the Project. Its role begins from assisting IFCI to create a vision for the property until the Project is completed and turned over to IFCI. In addition, the Project Developer creates and proposes to the Project Owner, the right financial structure for the Project. In its capacity as the Financial Engineer for the Project, ZICIX+CTIP-FII will work alongside the Architectural and Engineering Design Group, the Construction Management Group, and the General Contractor, to research, develop project activities, schedules, and regular progress reports, including negotiating with other strategic investors/partners and a lender the right financial structure for the project, making sure that the terms and conditions are reasonable and acceptable to the Project Owner. ZICIX+CTIP-FII will supervise the development team daily to execute assigned tasks within set deadlines and adherence to the budget. ZICIX+CTIP-FII will act as the primary contact for the Project Owner’s queries and concerns. The role and responsibilities are further defined as follows: Expected Participants in the Project The other participants in this Project with ZICIX+CTIP-FII as the lead team includes WSM & Partners, providing A & E services, Integra Consultants, a structural engineering consultant, Arco and Jayeff Engineering Co. providing construction management services, and another group that is expected to join as the General Contractor, the China Construction America, Inc., a wholly owned company by China State Construction and Engineering Corporation (CSCEC) rated as top 5 largest international construction company by the Engineering News Record (ENR) What does “Senior Housing” mean? Senior Housing is housing that is suitable for the needs of an aging population. It ranges from independent living to 24-hour care. In senior housing there is an emphasis on safety, accessibility, adaptability, and longevity that many conventional housing options may lack. (Source: nepahousing.org ). Senior Housing is designed for “Independent Living also called Adult Retirement Communities” as defined by the State of New Jersey’s Division of Aging Services. The usual entrance age for this kind of facilities is 55 years old or older. These facilities are registered with the New Jersey Department of Community Affairs. Project Description The Senior Citizens Residence Project is a 5-storey building with one underground basement that will be constructed in a lot area of about 12,400 sq. ft. while the footprint of the building is about 6,235.40, thus the total gross floor area of the 5-storey building will be 31,177 sq. ft. The basement floor will include utility rooms and commercial kitchen. The first floor will include one outpatient clinic, a cafeteria, and a common area for various activities. All the residential units will be located at the second, third, fourth and fifth floors. Purpose: This project focuses on serving senior citizens by providing a comfortable lifestyle such as providing various spaces and functions throughout the building for different activities, healthcare, and outdoor areas in a safe and controlled environment. Building Data: Each residential floor is composed of 4-one-bedroom units and 7 studio units. The units vary in size from 400 sq. ft. to 510 sq. ft. Notably, the first floor will host a clinic with a 900 sq. ft. space, a common area and a cafeteria (1,800 sq. ft.) and covered parking. The basement level will also be equipped with a complete commercial kitchen to serve the residence. The exterior architecture of the building complements the nearby buildings having partly brick facades, while keeping a contemporary and balanced form. Construction period: 24 months. The Budgetary Cost The total budgetary cost (development cost) estimates (BCE) are expected to be about $20,000,000,.00 with the following breakdown: A) Soft Costs and other expenses- $1,975,000.00, and B) $18,025,000.00 for the construction costs. The total number of residential units will be 44 at 11 units per floor starting at the second floor to the fifth floor. There will be a nice well decorated lobby at the ground floor including administration office and commercial spaces. ZICIX+CTIP-FII investments The contract between IFCI and ZICIX+CTIP-FII includes the option of ZICIX+CTIP-FII to invest into Project by acquiring partial ownership interest into the Project. ZICIX+CTIP-FII is currently having a portfolio of infrastructure projects under management of more than $825 million, involving construction of buildings, hospitals, public road projects, renewable energy, and the support to various Ministry of Health (MOH) in several countries for their Disaster Preparedness Plan, by supplying emergency vehicles to the Local Government Units (LGUs) through MOH. Special Purpose Entity (SPE) The Project will be owned by an SPE named and registered as SA Residence for Seniors, Inc. (SARSI). The IFCI, in its capacity as the landowner, shall assign the land to the SPE as part of its capital contribution for the Project. $20 million Senior Citizens Residence Project (Multimedia Presentation) About the Corporations: ZICIX Corporation (OTC: ZICX ) – Originally founded as a service provider to the Healthcare industry, the ZICIX Corporation has recently been restructured with the intention of acquiring and developing technology applications designed for service companies in consumer, retail, and other industries. www.ZicixGroup.com. CTIP First Investment, Inc. (CTIP-FII), a subsidiary and operating company of ZICIX Corporation. It is a private investment and providing investment banking services focused on Public-Private-Partnership (PPP) mode, and project development services, involved in undertaking development projects for both the Government and the Private Sectors respectively. CTIP-FII designs and brings the right financial engineering to project owners and creditors to fund development undertakings and permanent mortgage. Safe Harbor Act: This release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities and Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking Statements” describe future expectations; plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan or planned”, “will” or “should”, “expected”, “anticipates”, “draft”, eventually”, or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the “forward-looking statements” because of various factors, and other risks identified in a company’s annual report. For additional information: Visit our website at www.Zicixcorp.com or call 830.331.0031. We are also on Twitter @ZICIXCorp. Contact Details ZICIX Corporation +1 830-331-0031 Company Website https://zicixcorp.com/

March 06, 2023 08:30 AM Eastern Standard Time

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Volatus Aerospace Secures Annual Recurring Contract to Expand Pipeline Corridor Surveillance in Eastern Canada

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is pleased to announce that its subsidiary, Canadian Air National Inc., has signed a 3-year master service agreement with a leading pipeline operator to provide pipeline right-of-way asset and environmental monitoring throughout Ontario. The agreement, signed on March 2nd, is estimated to generate revenues of up to $5M over the next three years with margins within historical norms for jobs of this nature. Volatus Aerospace provides data gathering and analysis services to the oil and gas sector through its subsidiaries Canadian Air National and Synergy Aviation. In total, the Company provides pipeline right-of-way surveillance services across Canada from Kitimat, British Columbia to Ottawa, Ontario. Combined with weekly patrols on an annual basis, the Volatus Group patrols over 1,600,000 kilometers of pipeline. “Light aircraft and helicopters remain the most common solution for pipeline monitoring, but drones are the future,” says Glen Lynch CEO of Volatus. “We are enhancing our competitive advantage by introducing drones and eVTOL (electric vertical take-off and landing) aircraft in the months and years ahead to supplement and replace conventional aircraft. This will save our clients money, make processes safer, and reduce green-house gas emissions.” “Our oil and gas clients need reliable data,” added Ben Ruszkowski, Vice President of Business Development at Volatus' subsidiary Synergy Aviation. “We provide them with cost effective, environmentally friendly, and high-quality data solutions to protect their right-of-way assets and the environment using our proprietary technology.” According to the Canadian Association of Petroleum Producers (CAPP), 840,000 kilometres of pipelines safely transport liquids, such as natural gas, and crude oil, across Canada. The requirements for maintaining pipelines are heavily regulated by Provincial and Federal authorities. Regular aerial surveillance is a key method of compliance and protection used to anticipate, prevent, and mitigate environmental hazards and potentially dangerous conditions such as pipeline leaks and erosion, encroachment by vegetation, or third-party activities like construction, digging, and plowing. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout North America and growing into Latin America and globally. Volatus serves civil, public safety, and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, as well as R&D, design, and manufacturing. Through our subsidiary, Volatus Aviation, we are introducing green and innovative drone solutions to supplement and replace traditional aircraft and helicopters for long-linear inspections such as pipeline, energy, rail, and cargo services. Volatus is committed to carbon neutrality; the fostering of a safe, equitable and inclusive workplace; and responsible governance. Forward-Looking Information This news release contains statements that constitute “forward-looking information” and “forward-looking statements” 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 and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (i) the anticipated benefits of, and estimated revenue to be generated by, the master service agreement; (ii) the business plans and expectations of the Company; and (iii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs of management as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the anticipated benefits and revenues of the master service agreement to the Company; the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; meeting the continued listing requirements of the TSXV; and including, but not limited to, those factors set forth in the Company’s Annual Information Form under the section “Risk Factors”. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 204-955-2647 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

March 06, 2023 07:45 AM Eastern Standard Time

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Copper Property CTL Pass Through Trust Schedules Live Call to Discuss Recent Financial and Operating Results

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”) announced today that it will host a live conference call to discuss its recent financial and operating results. The conference call will be held on Wednesday, March 8, 2023 at 11:00 am Eastern Time and will include a Question and Answer (Q&A) session. Conference Call Details: DATE: Wednesday, March 8, 2023 TIME: 10:00 am CDT | 11:00 am EDT DIAL-IN: U.S. & Canada Toll Free: (877) 841-2983 or International (215) 268-9893 WEBCAST: www.ctltrust.net via the Investor Relations Section or click here to access REPLAY (Available for 30 days): U.S. & Canada Toll Free: (877) 660-6853 / International: (201) 612-7415 Conference ID#: 13736358 Telephone Replays will be made available approximately 3 hours after conference end time. Participants will be required to state their name and company upon accessing the replay. Additional information, including the Trust’s Monthly Reports and its filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Copper Property CTL Pass Through Trust Larry Finger | Principal Financial Officer +1 310-526-1707 lfinger@ctltrust.net Copper Property CTL Pass Through Trust Mary Jensen | investor Relations +1 310-526-1707 mjensen@ctltrust.net Company Website https://ctltrust.net/about/default.aspx

March 03, 2023 04:00 PM Eastern Standard Time

What is Reverse Factoring for Cannabis Businesses?

Canna Business Resources

Cash flow is an important aspect of business operations, but spending on needed supplies and other overhead doesn’t always align with income from sales. You may find yourself in a situation where you don’t have the cash on hand to pay supplier invoices promptly, even though you anticipate money coming in. This could be a major impediment to carrying on operations, which is why many businesses require an open line of credit to bridge the gap between expenses and income. This type of financing can be hard to come by for cannabis businesses because many major banks won’t serve the cannabis industry. But with the right cannabis lender, you have the opportunity to secure a range of financing options, including reverse factoring. What is reverse factoring, and how can it help your business account for fluctuations in cash flow? Read on to find out. What Exactly is Reverse Factoring? Reverse factoring is a financing solution that involves three parties — you, your lender/financial organization and your suppliers. Also referred to as supply chain financing, this process is initiated by you, the buyer, and involves paying off supplier invoices with financing and then paying the lender back when money comes in. This financing allows you to continue making needed purchases to keep your business going while you await income from sales. You can avoid the stress of unpaid invoices and unsteady business cash flow as well as the potential for harming relationships with suppliers because of late or missed payments. How Does Reverse Factoring Work? The process is relatively simple once you have an arrangement in place with a cannabis lender. It starts when you purchase supplies or products from a vendor. Your supplier then provides you with an invoice for the purchase. Typically, this is approved by your company and given to the lender offering an open line of credit. The supplier can request early payment, which the lender releases on your behalf and bills against your line of credit. The supplier receives payment, and you are responsible for paying the lender on the agreed schedule (perhaps monthly or at a set maturity date). Suppliers may pay a small fee for early payout, and you may be charged interest, depending on the amount of credit and when you pay. Examples of Reverse Factoring for Cannabis Businesses If you run a dispensary, you might cultivate/manufacture some of your own products, but likely, you also sell a range of products supplied by other brands. You must order these products regularly to keep store shelves stocked, but you’re essentially paying out of pocket until you sell the products, recoup your costs and earn revenue. The gap between buying products and selling them could leave you dealing with a dip in your cash flow. You might not have the money to pay for products you need to stimulate sales and income. What can you do? With accounts receivable/invoice financing or a reverse factoring line of credit, you can keep an open line to funding needed to pay supplier invoices in a timely manner, allowing you to continue placing needed orders for supplies while you await sales and revenue to cover the costs. Advantages of Reverse Factoring for Cannabis Businesses You may be hesitant to take on any form of lending as a business owner. It’s natural to worry about repaying not only borrowed funds but accrued interest. That said, having a backup in place to provide coverage between expenditure and income is not only helpful to your ongoing business operation, but there are also benefits for your suppliers as well. How the Supplier Benefits Your suppliers are dealing with some of the same issues you are when it comes to cash flow. They provide you with materials or manufactured goods that cost them money, but they’re waiting on you to pay for them. When you have credit lined up to pay them if your cash flow stalls, you give them the gift of predictability that allows them to keep their operations running smoothly. If they know they can count on timely payments, they’re better able to manage their business and keep supplying yours. How the Buyer Benefits The biggest advantage of receivables factoring for your cannabis company is that it allows you to optimize cash flow, alleviating the risk of supply chain collapse. When you have ready cash to pay for products, you can work with supplier payment terms and build long-lasting relationships that benefit your business long term. Keeping Cash Flowing in Your Marijuana Business Many forms of cannabis financing can help you expand and purchase equipment or real estate. Credit lines that allow you to manage cash flow are arguably the most important for maintaining uninterrupted operations. You might get away with paying suppliers late once or twice, but if you prove consistently unreliable, you’ll find yourself without a supplier. Keeping the cash flowing gives suppliers confidence in your ability to pay and helps you maintain strong relationships and a steady supply of product. Is Reverse Factoring Right for You? Unless you’re lucky enough to have a lot of money sitting in the bank to cover cash flow concerns, having a backup option like reverse factoring in place to cover lean times is essential. With a reliable income stream, you can find a suitable cannabis lender and enjoy favorable terms that give you the best opportunity to keep your business operations on track. Contact Details Canna Business Resources info@cannabusinessresources.com Company Website https://cannabusinessresources.com/

March 03, 2023 11:57 AM Eastern Standard Time

How Does Cannabis Real Estate Impact Local Cannabis Companies?

Canna Business Resources

Nearly nine out of 10 Americans say marijuana should be legal for medical and recreational use, according to the Pew Research Center. Now that the cannabis industry has grown in acceptance, business owners need to secure cannabis real estate to operate. At the same time, however, the lingering stigma makes it harder for business owners to obtain property. If you’re hoping to open a cannabis business in your area, this guide can orient you to the options and challenges of marijuana real estate. Types of Cannabis Real Estate The cannabis industry is surprisingly diverse. Your real estate needs may vary based on the type of business you’re operating. 1. Retail Space Retail space is needed for those who sell marijuana directly. Like other retail businesses, these properties should be chosen based on traffic, visibility and ease of access to ensure success. You’ll also want to ensure that your store layout is conducive to an enjoyable, frictionless customer experience. 2. Commercial Warehouses Warehouses are storage and linking points in the cannabis supply chain, so they may be operated by retailers directly, as well as producers and distributors. Warehouses should be selected based on proximity to their final destination and the source of their contents. 3. Rural Farmland Producers require sufficient acreage to grow marijuana. Because space is needed, this type of cannabis property will typically be found in rural locations, and buyers will need to ensure that the land offers good runoff, quality soil and favorable weather. Using a greenhouse gives you added security and can be used to cultivate plants in virtually any climate. 4. Commercial Plants Producers and distributors may rely on commercial plants to process marijuana crops and prepare them for final sale. These facilities commonly require sufficient square footage to handle inventory, personnel and equipment. Challenges for Cannabis Businesses Seeking Quality Real Estate Despite widespread acceptance of recreational marijuana, cannabis business owners still face significant hurdles when it comes to securing cannabis real estate. Here are some of the biggest challenges affecting the industry. Local Ordinances Even though cannabis businesses are legal, some local communities prohibit cannabis businesses from operating. For instance, 40% of Connecticut towns ban cannabis businesses, according to CT Insider. This factor forces business owners to pursue marijuana real estate in urban centers, which can raise prices and present stiff competition. Financing Hurdles Currently, most major banks and traditional financial institutions do not work with cannabis businesses. This issue can make it harder to obtain the financing needed to buy or lease a cannabis property in your community and may force you to rent a property until you build enough capital to fund your own real estate purchase. Fortunately, some lenders specialize in cannabis business loans, though entrepreneurs may find themselves facing limited options compared to other types of business. Strong Competition Now that recreational marijuana is legal in at least 21 U.S. states, entrepreneurs are scrambling to get in on the action. But since cannabis businesses are often localized in urban centers because of local ordinances, cannabis business owners may face strong competition, making it harder to gain traction in a crowded marketplace. Advantages of Diverse Real Estate Holdings for Cannabis Businesses Diversification is a sound investment strategy regardless of whether you’re talking about stocks, bonds or tangible assets, such as real estate property. Cannabis business owners can expect the following benefits when they pursue diverse real estate holdings — that is, owning multiple types of property. Mitigates Risk Having access to multiple properties can protect you from sudden economic changes. For instance, if you’re renting a retail space, and the landlord increases the monthly fee, you can shift your business to an alternate location to trim expenses. Presents Opportunity for Growth Operating in multiple locations gives you added business opportunities and room to grow. You may discover that one location offers the physical space you need to introduce a new piece of equipment or product line. Provides a Form of Passive Income Renting out your real estate property gives you a source of passive income. For instance, you might consider renting a portion of your warehouse space to another business to keep costs down. Considerations of Cannabis Real Estate Cannabis business owners have some special considerations relating to their real estate. Security Cannabis properties — including warehouses and fields — require security to protect your money as well as your inventory. When selecting a property, ensure the building and area can be secured to protect your assets and employees. Expansion Opportunities A retail storefront in a crowded location might not provide the physical space you need if you plan on expanding soon. When possible, try to select properties that give you room to grow. Ongoing Costs If you’re renting a property, you may face rising costs as landlords raise the cost of rent, which can put a damper on your cash flow and capacity for expansion. Even if you own the property, you’ll have to plan carefully to manage your tax liability, which will increase as your business grows. Give Yourself Room to Grow Choosing the right cannabis property is important since it affects business now and in the future. That’s why it’s important to select a property that fits your business goals and gives you room to expand your horizons as business improves. Contact Details Canna Business Resources info@cannabusinessresources.com Company Website https://cannabusinessresources.com/

March 03, 2023 11:51 AM Eastern Standard Time

Tribevest Debuts “Open Tribes” to Allow More Investors to Participate in Private Investments

Tribevest

Tribevest, the leaders in group investing, announced today they launched a new product called Open Tribes, designed to pave the way for investors to participate in more private investments. Open Tribes are fully-serviced, turn-key investor groups that lower the barrier to entry for private assets such as real estate syndications and other investments that require large minimums. Through the Open Tribe process, multiple investors can contribute capital towards a specific deal under the umbrella of an active multi-member LLC. Through Tribevest’s services, the tribe will be protected by a ratified operating agreement and offer the ability to pool capital safely and quickly. Once all the funds are pooled from all the members of the LLC, the tribe can invest in a specific deal as one business entity. For example, if an Open Tribe of 10 people contributes $10,000 each, their LLC can reach a $100,000 minimum for a single investment. “This is an absolute game changer in the world of private investing,” said Travis Smith, Founder and CEO of Tribevest. “An Open Tribe will have an immediate impact on a deal sponsor looking to raise capital as well as an investor looking to get into more deals and diversify their portfolio.” Tribevest pre-launched Open Tribes in January of 2023, where over $1 million was raised on three deals. Tribevest worked with sponsors raising money for private real estate syndications. Those companies included Rise48 Equity, Aspen Funds, and Motel to Apartment Conversions. Members from the Left Field Investors’ community joined forces through three Open Tribes to reach a minimum and invest in properties that included an apartment complex in Dallas and a retail shopping center in Kansas City. A single check was sent to the deal organizer, while Tribevest handled the back-office administration. Smith added, “Tribevest was founded to allow friends and family to invest together as a group. We still provide that service and have thousands of tribes actively building wealth together. Now, through an Open Tribe, an investor doesn’t need to have a prior relationship with other tribe members. Plus, deal partners and sponsors can raise more capital without the burden of the admin that comes with adding more investors to a deal.” Tribevest provides the tools, including an FDIC-insured bank account, cap ledger, cap table, and tax services, to quickly, safely, and transparently operate as an active multi-member LLC. “The response by our Left Field community during the Open Tribe pre-launch period was overwhelming,” said Jim Pfeifer, Founder of Left Field Investors. “I believe we unlocked a door that will bring more people to passive real estate investments beyond the wealthiest individuals. We expect Open Tribes to become a critical tool that allows investors to diversify and effectively lower minimums. Our partnership with Tribevest is having a huge impact on passive investing in syndications by making group investing easy.” “Tribevest and their ‘Open Tribes’ model is truly an innovative structure that allows investors to compliantly gain access to opportunities to grow their wealth,” said Zach Haptonstall, CEO of Rise 48 Equity. “We have enjoyed our partnership with Tribevest and their founders as we work together to create conservative investment opportunities for those looking to invest into real estate. I expect Tribevest and Open Tribes to grow quickly and be a name brand in the real estate industry for years to come.” Tribevest has partnerships in place with Aspen Funds, BV Capital, Life Bridge Capital, Rise48 Equity, Sugo Capital, and Viking Capital. Capital raisers interested in learning more about an Open Tribe can go to https://www.tribevest.com/opentribes. About Tribevest Founded in 2018, Tribevest is a collaborative, group investing platform that enables friends, family, and like-minded people to organize as an investor group, pool money, and manage co-owned investments. Based in Columbus, Ohio, Tribevest was founded by entrepreneur Travis Smith. Tribevest believes that forming and funding small to mid-sized investment groups will allow the general U.S. population to uncover a wealth of viable investment pathways to achieving personal financial freedom. Learn more about Tribevest at Tribevest.com or follow the company on LinkedIn, Twitter, Instagram, and Facebook. Contact Details Eric Nemeth nemeth@ericpr.com Company Website https://www.tribevest.com/

March 02, 2023 08:55 AM Eastern Standard Time

Volatus Aerospace Expands Electric Utilities Business in US with Acquisition of Sky Scape Industries, LLC.

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) (“Volatus” or “the Company”) announced today that it has signed an arm’s length definitive agreement to acquire Sky Scape Industries, LLC., a New Jersey based company providing airborne intelligence data services. Founded in 2014, Sky Scape Industries uses remote sensing techniques to provide comprehensive inspection services including facility, structural, line, and right of way for power utilities, emergency response for oil and gas, and façade inspection services for property management. The company utilizes crewed and uncrewed aircraft and has operated nationwide in over 24 states. “Glen Lynch, CEO of Volatus Aerospace Corp. commented, “the addition of Sky Scape brings significant opportunity for margin improvement through synergies with our existing business units. It further expands our service offering and continues growth in core sectors including power utilities, oil and gas, and façade inspection.” “Joining Volatus provides Sky Scape with the resources needed to fully leverage and expand its customer relationships,” said David Yoel, CEO of Sky Scape. “The extensive Volatus pilot network, existing fleet of crewed aircraft, helicopters, and drones enhances Sky Scape’s offering, and their expansive sales team will help drive our growth.” Under the terms of the agreement, the total purchase price, subject to an earn-out provision, is approximately C$845,000 (US$620,000), paid as follows: An initial payment of approximately C$422,500 (US$310,000) in the form of newly issued common shares of Volatus Aerospace Corp. The number of VOL shares to be issued will be based on the share price at closing or the prior 30-day VWAP, whichever is higher. Volatus shall have the option to make the first payment in cash in lieu of shares. The earn-out payment of C$422,500 (US$310,000), will be payable twelve (12) months after closing, in the form of additional Volatus shares issued on the share price of C$0.65 or the prior 30-day VWAP, whichever is higher. This payment is conditional on Sky Scape retaining approximately C$1M of inspections already contracted for 2024. This announcement is in line with the Company’s objectives to continue expansion in the US Market as well as growing its presence in large scale aerial intelligence services for oil and gas, power utilities, rail, construction, engineering, and inspection industries. The acquisition of Sky Scape Industries is anticipated to close on March 31 st or such other agreed date conditional on satisfactory completion of due diligence, approval of the respective Board of Directors, key clients, and regulatory approval of the TSX Venture Exchange. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout North America and growing into Latin America and globally. Volatus serves civil, public safety, and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, as well as R&D, design, and manufacturing. Through our subsidiary, Volatus Aviation, we are introducing green and innovative drone solutions to supplement and replace traditional aircraft and helicopters for long-linear inspections such as pipeline, energy, rail, and cargo services. Volatus is committed to carbon neutrality; the fostering of a safe, equitable and inclusive workplace; and responsible governance. Non-IFRS Measures This news release includes certain terms or performance measures that are not defined under International Financial Reporting Standards (“IFRS”), such as “annual recurring revenue” (“ARR”) and gross margin. ARR used in this news release refers to annual revenue generated from multi-year contracts and the Company derives gross margin by subtracting costs of goods sold from total revenue and dividing such number by total revenue. ARR and gross margin are not recognized, defined or standardized under IFRS and accordingly, the Company’s definition of ARR may differ from definitions used by other companies and therefore comparability may be limited. ARR should not be considered a substitute for or considered in isolation from measures prepared in accordance with IFRS. Forward-Looking Information This news release contains statements that constitute “forward-looking information” and “forward-looking statements” 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 and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes, but is not limited to: (i) the business plans and expectations of the Company; (ii) the closing of the proposed Transaction and timing thereof; (iii) expectations related to the Transaction and anticipated benefits thereof, (iv) opportunities for significant gross margin improvement and other anticipated benefits of the transaction to the Company; and (iv) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs of management of the Company as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors are based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the completion of the Transaction and timing of completion; satisfaction of all closing conditions to the Transaction; the anticipated benefits of the Transaction to the Company; TSX Venture Exchange approval of the Transaction; and anticipated and unanticipated costs and other factors referenced in this news release, and including, but not limited to, those factors set forth in the Company’s Annual Information Form under the section “Risk Factors”. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Corp Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

March 02, 2023 07:30 AM Eastern Standard Time

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