Alcanna Inc. (the “Company") (TSX:"CLIQ") announced today that it plans to release its second quarter 2019 financial results at 6:00a.m. ET (4:00a.m. MT) on August 9, 2019. Management will conduct a conference call on August 9, 2019 at 12:00p.m. ET (10:00a.m. MT) to discuss its second quarter operating and financial results. To participate, please dial (416) 340-2216 or (800) 273-9672. The playback will be made available approximately one hour after the event at (905) 694-9451 or (800) 408-3053, required access code: 6146693.

About Alcanna Inc.

Alcanna is one of the largest private sector retailers of alcohol in North America and the largest in Canada by number of stores – operating 260 locations under the brand names Wine & Beyond, Liquor Depot, Ace Liquor, Solo Liquor and Brown Jug in Alberta, British Columbia, Alaska and Connecticut. The Company also operates nine (9) cannabis retail stores under the “Nova Cannabis” brand, with eight (8) locations in the Province of Alberta and one in the Province of Ontario. With revenues in excess of $700 million per year, Alcanna processes over 20 million individual retail transactions of beverage alcohol and cannabis.

Alcanna's common shares and convertible subordinated debentures trade on the Toronto Stock Exchange under the symbols "CLIQ" and "CLIQ.DB", respectively.

Additional information about Alcanna Inc. is available at www.sedar.com and the Company’s website at www.alcanna.com.

For Further Information

David Gordey Executive Vice President & Chief Financial OfficerAlcanna Inc. (780) 497-3262

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