1CM Provides Update on Arrangement Agreement with SNDL

Toronto, Ontario--(Newsfile Corp. - May 27, 2026) - 1CM Inc. (CSE: EPIC) (OTCQB: MILFF) (FSE: IQ70) ("1CM") announces that it does not expect the proposed sale of its Ontario retail locations to SNDL Inc. ("SNDL") to proceed. SNDL has advised that due to a prolonged regulatory review process that has extended beyond the commercially reasonable timelines contemplated by the parties, it will be unable to obtain the required regulatory approvals necessary to complete the second stage of the transaction prior to the outside date of May 31, 2026 as set out in the amended and restated arrangement agreement (the "A&R Arrangement Agreement") dated December 15, 2025.
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