AUXLY ANNOUNCES ANNUAL GENERAL MEETING OF SHAREHOLDERS

TORONTO, June 3, 2024 /PRNewswire/ - Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) ("Auxly" or the "Company") announced today that it will hold its Annual General Meeting of Shareholders (the "Meeting") on Friday, June 28, 2024 at 10:00 a.m. EST at the offices of McCarthy Tétrault LLP, Suite 5300, TD Bank Tower, Toronto, Ontario M5K 1E6.

The venue has limited seating, as such, shareholders who wish to attend in person will be required to pre-register with the Company by emailing [email protected] at least 48 hours in advance of the Meeting. Early registration is encouraged.

To allow shareholders to follow the conduct of the Meeting, the Company is providing an audio teleconference that can be used by participants to listen to the Meeting in real time.

Teleconference Details

Date: Friday June 28, 2024

Time: 10:00 a.m. EST. Please dial in at least 10 minutes prior to the start time.

North American Toll Free: 1-888-664-6383

Audio Webcast URL:
https://app.webinar.net/ODEL7laxNGg

Please note that shareholders will not be entitled to vote at, or otherwise participate in, the Meeting by way of teleconference or other electronic means, and so we encourage shareholders to vote in advance of the Meeting in accordance with the instructions provided in the materials for the Meeting, including the Management Information Circular, which is available on SEDAR+ as well as the Company's website.

ON BEHALF OF THE BOARD

"Hugo Alves" CEO

Auxly is a leading Canadian consumer packaged goods company in the cannabis products market, headquartered in Toronto, Canada. Our mission is to help consumers live happier lives through quality cannabis products that they trust and love.

Our vision is to be a global leader quality cannabis products.

Learn more at www.auxly.com and stay up to date at Twitter: @AuxlyGroup; Instagram: @auxlygroup; Facebook: @auxlygroup; LinkedIn: company/auxlygroup/.

Neither Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Auxly Cannabis Group Inc.