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ManifestSeven Acquires M Delivers and 1-800-Cannabis

Integration of leading cannabis delivery service and premier phone portal enhances company’s omnichannel expansion

LOS ANGELES–(BUSINESS WIRE)– ManifestSeven (“M7” and formerly known as MJIC), California’s first integrated omnichannel platform for legal cannabis, today announced the acquisition of M Delivers, one of the state’s leading legal cannabis delivery services. Founded in 2015 and based in San Diego, M Delivers operates on a fully-licensed basis and in compliance with all local and state regulations, providing discreet delivery of safe, high-quality cannabis products to the consumer’s front door.

In a separate but related transaction, M7 has also acquired the rights to the telephone number 1-800-Cannabis, which will serve as the centralized gateway through which businesses and consumers alike will be able to access M7’s comprehensive suite of omnichannel solutions.

“M7’s acquisition of M Delivers and the 1-800-Cannabis portal are foundational milestones in our expansion across California,” said Pierre Rouleau, Chief Operating Officer of ManifestSeven. “M Delivers’ robust customer base, spanning northern and southern California, will provide significant growth opportunities for M7’s retail and distribution operations. Delivery is a tentpole offering within ManifestSeven’s range of services, and we’re looking forward to integrating these new, highly-scalable assets across M7’s growing statewide portfolio of retail operations.”

Since inception, M Delivers has assembled a database of more than 30,000 active retail customers, and its operations are supported by a team of over 50 employees, allowing M Delivers to provide an unparalleled customer service experience. The acquisition bolsters ManifestSeven’s growing retail presence throughout California and, in addition, will help M Delivers rapidly expand its delivery footprint by integrating its operations into M7’s licensed infrastructure throughout the state.

“We are excited to be joining with ManifestSeven, a market leader who will allow M Delivers to maximize its growth potential and offer our exceptional service to a new universe of customers,” said Christine Bordenave, formerly Chief Executive Officer of M Delivers, who will serve as M7’s Director of Delivery Operations. “Joining M7’s powerful omnichannel platform will allow us to offer a wider variety of the safest, highest-quality cannabis products to our customers.”

Forward Looking Statements:

This press release may contain “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements regarding our business that are not historical facts are forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in these forward-looking statements are reasonable, these statements are not guarantees of future results, performance, levels of activity or achievements, and actual results may differ materially from what is expressed or implied in any forward-looking statement. We caution you not to place undue reliance on these forward-looking statements. Any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement or statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of an unanticipated event. New factors emerge from time to time, and it is not possible for management to predict all factors that may affect our business and prospects. Further, management cannot assess the impact of each factor on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

ABOUT MANIFESTSEVEN:

ManifestSeven (M7), formerly known as MJIC, is the first integrated omnichannel platform for legal cannabis, merging compliant distribution with a retail superhighway. The Company, based in Commerce, California, services the needs of lawful operators across the supply chain, from the cultivator to the consumer, through an expansive network of seven facilities stretching from the San Francisco Bay Area to San Diego. M7 further augments its business-to-business value proposition with a growing portfolio of owned and operated retail operations located in major metro markets, including brick-and-mortar dispensaries, local on-demand delivery services, e-commerce and subscription offerings. To learn more, please visit: manifest7.com

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