Green Acre Capital Distribution Corp. Makes an Additional Investment of US$2 million, increasing its interest in the US Distribution Joint Venture to 50%

Toronto, Ontario – March 1, 2023 ─ Humble & Fume Inc. (CSE:HMBL; OTCQX: HUMBF) (“Humble” or the “Company”), a leading North American distributor of cannabis and cannabis accessories, announced today that Green Acre Capital Distribution Corp. (“Green Acre”) has invested a further US$2 million in HC Solutions Holdings Inc. (“HCI”), a joint venture company established by Humble and Green Acre for the purpose of distribution of cannabis, initially focused on accelerating the Company’s expansion into cannabis distribution operations throughout the United States in California. As a result of this additional investment, Green Acre’s ownership interest in HCI increases from 45% to 50%, with the other 50% owned by Humble.