Cannex Announces DTC Eligibility for OTCQB-Quoted Common Shares and Stock Option Grant

October 5, 2018

Vancouver, BC, October 5, 2018 – Cannex Capital Holdings Inc. (“Cannex” or the “Company”) (CSE: CNNX; OTCQB: CNXXF) is pleased to announce that that the Company has obtained eligibility with The Depository Trust Company ("DTC") for its common shares listed on the OTCQB. DTC is a subsidiary of the Depository Trust & Clearing Corp. and manages the electronic clearing and settlement of share transactions for publicly-traded companies. Cannex’s shares trade on OTCQB Markets under the symbol "CNXXF" and on the Canadian Securities Exchange under the symbol "CNNX".

Cannex is also actively pursuing electronic eligibility (DWAC/FAST) enabling DTC participants to electronically deposit stock into a brokerage account which in turn accelerates the settlement process for investors.

Separately, the Company has granted incentive stock options to certain key employees and consultants of the Company and its operating subsidiaries, as well as to two directors of the Company who also serve as chairs of its Remuneration and Nominations Committee and Audit and Risk Committee, to purchase up to 1,950,000 common shares of the Company. Of this total grant 400,000 options were granted to insiders of the Company.

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