Ann: Results of General Meeting, page-13

I have been researching Canaccord and quite a few articles are hidden behind paywalls. However, they seem very active in cannabis and have a huge presence in Canada. It looks like there is quite a lot of opportunities in cannabis funding, positive outlook for the industry and massive expansion into Europe which is where HAPA has a presence.

I was thinking of selling out as I was worried about relisting overseas. However, I have checked that I can still trade on TSX with CMC. I am a long term investor and have waited this long, what is a few months longer to wait for relisting!

I couldn't find any updates as to when HAPA will get their cannabis license approved but I thought it was more a formality. I am sure that HAPA will find quality cannabis imports from Canada that will pass the conditions for a license.

I have decided to take my chance with the re-listing. Canaccord and Merchants are not in the business of losing money, in fact, they seem to generate high returns. I will ride this and see where it ends up. Certainly, can't be worse off than 1pg recruitment! Canaccord must see value at attempting to buy shares at $0.165 amd I feel that I might be falling for a "tree shake" with all these negative posts.

Anyway, I might be totally wrong but my research shows that cannabis in Europe is a fantastic opportunity which I would like to be part of. Risks - the industry may consolidate in a few years but currently, the opportunity for high growth, the barriers to entry to European markets still makes the investment worthwhile. Pros - Merchant/Top 20 won't be selling out so soon which hopefully limits supply on re-listing. Less supply, price may go up!

Good luck to all holders, whatever decision you make.