Alcanna Inc. and YSS Corp. announce closing of reverse takeover and creation of "Nova Cannabis Inc."

Alcanna Inc. and YSS Corp. announce closing of reverse takeover
                            and creation of "Nova Cannabis Inc."

EDMONTON and CALGARY, ALBERTA, March 22, 2021 – Alcanna Inc. ("Alcanna") (TSX: CLIQ)
and YSS Corp. ("YSS") (TSX-V: YSS; WCN: A2PMAX; and OTCQB: YSSCF) are pleased to announce
the completion of their business combination (the "Transaction") previously announced on January 18,
2021, which resulted in a reverse take-over of YSS pursuant to the policies of the TSX Venture Exchange
(the "TSXV") and a name change (the "Name Change") of YSS to "Nova Cannabis Inc." ("Nova"). The
common shares of Nova ("Nova Shares") are expected to begin trading on the TSXV under the ticker
symbol "NOVC" on or about March 24, 2021.

Reverse Takeover

Pursuant to the terms of the business combination agreement dated January 18, 2021 (the "Agreement"),
Alcanna sold all of the equity securities of its wholly-owned subsidiaries, Alcanna Cannabis Stores GP Inc.
("ACS GP") and Alcanna Cannabis Stores Limited Partnership ("ACS LP" and together with ACS GP, the
"ACS Entities"), which carry on Alcanna's cannabis retail business, to YSS. Pursuant to the Agreement,
the common shares of YSS ("YSS Shares") were consolidated (the "Consolidation") on the basis of a ratio
of approximately 0.05449-to-one, such that, after completion of the Consolidation, the holders of YSS
Shares ("YSS Shareholders") held an aggregate of 7,583,353 post-Consolidation YSS Shares. In
consideration for the purchase of the equity securities of the ACS Entities, YSS issued an aggregate of
35,750,000 post-Consolidation YSS Shares to Alcanna (the "Consideration Shares") at a deemed price of
$3.00 per YSS Share.

As previously announced on February 11, 2021, Alcanna Cannabis Stores Finance Ltd. ("ACS FinCo"), a
wholly owned subsidiary of ACS LP, closed the sale of an aggregate of 13,334,000 subscription receipts
(the "Subscription Receipts") at a price of $3.00 per Subscription Receipt, for aggregate gross proceeds
$40,002,000 (the "Concurrent Financing"). Each Subscription Receipt converted into one common share
of ACS FinCo (each, a "FinCo Share") and was subsequently exchanged for a Nova Common Share
pursuant to an amalgamation of ACS FinCo with a wholly-owned subsidiary of YSS (the
"Amalgamation"). Following completion of the Transaction and the Amalgamation, Alcanna holds
approximately 63%, former YSS Shareholders and former holders of Subscription Receipts hold
approximately 13% and 24%, respectively, of the Nova Shares (calculated on a basic basis).

The net proceeds of the Concurrent Financing are expected to be used for Nova's go-forward business plan,
including the development, construction and acquisition of additional cannabis retail locations and
conversion of existing cannabis retail locations to the "Value Buds" banner, including capital expenditures,
inventory, and other general corporate and working capital purposes.

Exchange Matters and Trading Halt

The TSXV has provided conditional approval for the Transaction and listing of the Nova Shares. In
accordance with TSXV policies, the Nova Shares will remain halted for trading until the TSXV issues the
final bulletin in respect of the Transaction. Nova will continue as a Tier 1 Life Sciences issuer on the TSXV
and the Nova Shares are expected to commence trading on or about March 24, 2021. The total number of
Nova Shares issued and outstanding at listing will be 56,685,666.

In connection with the graduation to a Tier 1 listing, all securities of YSS which were subject to a Tier 2
escrow release schedule pursuant to the value security escrow agreement dated January 2, 2019 will be
subject to a Tier 1 release schedule, resulting in the immediate release from escrow of all such securities.

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Governance and Management

Alcanna and Nova have entered into an investor rights agreement (the "Investor Rights Agreement")
providing for customary rights based on Alcanna's equity interest in Nova. Alcanna has agreed to a two-
year lockup period in respect of the Consideration Shares, subject to certain conditions. Pursuant to the
Investor Rights Agreement, Alcanna appointed four nominees to the board of directors of Nova: James
Burns, Darren Karasiuk, Ross Sinclair, and Thomas Bitove. Ron Hozjan, an independent director of YSS,
will continue as a director of Nova.

The board of directors of Nova is expected to make the following appointments: James Burns as Chair;
Thomas Bitove as Lead Director; Darren Karasiuk as President and Chief Executive Officer; David Gordey
as Chief Financial Officer; Marcie Kiziak as Chief Operating Officer; and Matthew Hewson as Corporate
Secretary. Other than Ron Hozjan, the existing directors and executive officers of YSS resigned. Brief
biographies of each of the directors and executive officers of Nova are below. Darren Karasiuk has resigned
from the Alcanna board of directors, effective March 20, 2021.

Darren Karasiuk, Director, President and Chief Executive Officer (Toronto, Ontario)

Mr. Karasiuk served as Chief Commercial Officer of Aurora Cannabis Inc. ("Aurora") where he had
oversight of key customer facing and revenue driving functions, including sales, marketing, consumer
insights and analytics. During his tenure, he helped Aurora achieve leadership in the Canadian recreational
and medical cannabis markets, as well as Europe. Mr. Karasiuk joined Aurora through the acquisition of
MedReleaf Corp., where he served first as Vice-President, Strategy and later as Senior Vice-President and
General Manager of the Recreational business. Prior to joining MedReleaf, Mr. Karasiuk was Vice-
President, Insights and Advisory at Deloitte. Mr. Karasiuk has served on Alcanna's board since 2019 and
holds an MA from Western University as well as an MBA from Kellogg-Schulich. Mr. Karasiuk resigned
from the Alcanna board on closing of the Transaction.

James Burns, Chair (Edmonton, Alberta)

Mr. Burns has been Vice-Chair and Chief Executive Officer of Alcanna since December 2017 after joining
the board in June 2017 and being named lead director and placed in charge of developing Alcanna's
cannabis strategy. Throughout a 45-year career, he has been: a partner at Gordon Capital Corporation and
Gordon Investment Corporation in their private equity business; co-owner, director and CFO at Scott's
Restaurants and priszm brandz; Managing Director at CIBC Capital Markets; and Chief of Staff to the
Deputy Prime Minister of Canada and Chair of the Chiefs of Staff Committee. Mr. Burns holds a B. Comm.
(Honours) from Queen's University School of Business and a Master of Science (Mark of Distinction) in
Politics of the World Economy from the London School of Economics.

Thomas Bitove, Director (Toronto, Ontario)

Mr. Bitove has worked in many aspects of multi-unit operations for his entire career. Just a few of the
businesses he has owned and operated include: Hard Rock Café; a 32 store Big Boy chain; 35 separate
restaurants and concessions at Toronto Pearson airport; and 17 Travel Centres along the 401 and 400 in
Ontario. Mr. Bitove is the exclusive distributor of Red Bull Energy Drink in Ontario and British Columbia
and owner of ColdHaus Direct Inc, a major distributor of beer and wine in Ontario. Mr. Bitove served 12
years on the board of Intrinsyc Technologies, a TSX-listed public company. Mr. Bitove was invested into
the Order of Ontario, Ontario's highest honour for a citizen. The award recognizes his charitable
contributions to the people of Ontario and Canada as well as his business successes.

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Ross Sinclair, Director (Toronto, Ontario)

Mr. Sinclair was a partner with PricewaterhouseCoopers LLP ("PwC") and has more than 25 years of
experience as a partner. Mr. Sinclair retired from PwC on June 30, 2020. He has had extensive experience
with clients across several industries including consumer products, retail, real estate, health care and private
equity. Mr. Sinclair has served many clients advising on critical business issues, transactions and
restructurings in addition to his experience as a lead audit partner on both public and private enterprises.
Mr. Sinclair's experience includes PwC Canada leadership roles as Income Trust and IPO Services Group
Leader, as well as Retail & Consumer Products National and GTA Industry Leader. Mr. Sinclair has
significant experience working with clients on their capital markets projects and needs, including numerous
equity, debt and initial public offering and RTOs. Mr. Sinclair has also served as the overall audit
engagement leader on several Canadian retailers and other public companies including both US GAAP,
SEC, OSC and IFRS reporting responsibilities. Mr. Sinclair was a designated Trustees on the Continuum
REIT IPO in the fall of 2019 and is an Advisory Board member and investor in Arch Corporation.

Ron Hozjan, Director (Calgary, Alberta)

Mr. Hozjan has served as a director of YSS since June 2018 and is currently a member of YSS' audit
committee and corporate governance and compensation committee. Since January 2020, Mr. Hozjan has
held the role of Vice President, Finance and Chief Financial Officer of Aureus Energy Services Inc. Prior
thereto, he served as Vice President, Finance and Chief Financial Officer of Tamarack Valley Energy Ltd.
(TSX: TVE) from June 2010 until January 2020. Mr. Hozjan has also served as a director of Aloha Brands
Inc. since April 2019.

Marcie Kiziak, Chief Operating Officer (Edmonton, Alberta)

Ms. Kiziak, currently President of Alcanna's cannabis division, has led the retail cannabis business since
she took over in July 2018. Ms. Kiziak was Alcanna's lead executive in designing and executing the strategy
to launch the Nova brand, starting with 5 stores at legalization day. Ms. Kiziak has led the growth in the
business to Nova's current 34 stores. Ms. Kiziak joined Alcanna in February 2018 as Senior Vice President,
Human Resources and continues in that role concurrently with running Nova. Prior to joining Alcanna, Ms.
Kiziak was the Vice President of Human Resources and Safety for Corrosion and Abrasion Solutions Ltd.
from 2013 until 2017 which included a secondment into operations to lead a business transformation. Ms.
Kiziak also spent 15 years in the oil and gas and construction sectors focused on senior HR Leadership,
M&A and Integration. Ms. Kiziak holds a Bachelor of Management Degree with a Major in Human
Resources and is a Chartered Professional in Human Resources.

David Gordey, Chief Financial Officer (Edmonton, Alberta)

Mr. Gordey will act as Chief Financial Officer of Nova and will also continue in his position of Executive
Vice President, Corporate Services and Chief Financial Officer of Alcanna. Mr. Gordey assumed the role
of Executive Vice President, Corporate Services and Chief Financial Officer of Alcanna in April 2018. Mr.
Gordey served as Chief Operating Officer, Liquor from July 2016 to April 2018, and Senior Vice President
and Chief Financial Officer from May 2014 to July 2016, after joining Liquor Stores N.A. Ltd. in March
2012 as Vice President, Finance. Mr. Gordey is a Chartered Professional Accountant, formerly of KPMG
LLP (Edmonton).

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Matthew Hewson, Corporate Secretary (Edmonton, Alberta)

Mr. Hewson is Alcanna's General Counsel, Senior Vice President, Regulatory Affairs & HR and Corporate
Secretary. Mr. Hewson joined Alcanna in 2013 and assumed the role of General Counsel in 2016. Prior to
joining Alcanna, Mr. Hewson worked as a corporate/commercial lawyer at a national law firm.

Additional Information for YSS Shareholders

Registered holders of pre-Consolidation YSS Shares will receive a letter of transmittal by mail, from the
transfer agent of Nova, Odyssey Trust Company, advising of the completion of the Consolidation, the Name
Change and the Transaction, and providing instructions to exchange share certificates or DRS statements
representing pre-Consolidation YSS Shares for their entitlement to Nova Shares. Non-registered
shareholders holding YSS Shares through an intermediary (a securities broker, dealer, bank or financial
institution) should be aware that the intermediary may have different procedures for processing the
Consolidation and the Name Change than those that will be put in place for registered shareholders. If
shareholders hold their YSS Shares through intermediaries and have questions in this regard, they are
encouraged to contact their intermediaries. Further details regarding the Concurrent Financing, the
Transaction, the Name Change, the Consolidation, and the Amalgamation are set out in the management
information circular of YSS dated February 12, 2021, which is available on SEDAR (www.sedar.com)
under Nova's issuer profile.

About Nova

Immediately upon completion of the Transaction, Nova will have 53 cannabis retail locations in Alberta,
Saskatchewan and Ontario. These cannabis retail locations range in size from 1,200 to 5,600 square feet
and are operated under the "Nova Cannabis", "Deep Discount Cannabis", "Value Buds", "YSS", and "Sweet
Tree" brands. Nova has more than 20 additional cannabis retail locations in development for 2021. The
majority of Nova’s cannabis retail locations (including locations previously operated by YSS) are expected
to be re-branded as "Value Buds" and will target the value-conscious consumer, an under-served segment
of the market that is estimated to account for approximately 70% of total recreational cannabis market in
Canada (both legal and illicit).

Alcanna will provide management and administrative services to Nova, at a cost that is anticipated to be
far less than a stand-alone company could achieve, until Nova reaches the critical size to bring those services
in-house. Alcanna and Nova expect to enter into a management and administrative services agreement for
an initial two-year term. Alcanna will also provide lease guarantees for Nova and make available to Nova
an operating line of credit without standby fees for up to $10 million at prime plus 2.75% for growth,
including new store builds, acquisitions and general corporate and working capital purposes. The operating
line of credit will be drawable at Nova's sole discretion and will be secured by a charge on all of the personal
property of Nova. A copy of the Investor Rights Agreement will be available on Nova's SEDAR profile at
www.sedar.com.

In connection with the Transaction, PricewaterhouseCoopers LLP is anticipated to be appointed as the
auditors of Nova following the release of the audited financial statements of YSS for the year ended
December 31, 2020.

About Alcanna

Alcanna is one of the largest private sector retailers of alcohol in North America and the largest in Canada
by number of stores – operating 196 locations in Alberta and British Columbia. Alcanna is incorporated

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under the laws of Canada, and its common shares and convertible subordinated debentures trade on the
Toronto Stock Exchange under the symbols "CLIQ" and "CLIQ.DB", respectively. Additional information
about Alcanna is available at www.sedar.com and www.alcanna.com.

Prior to the Transaction, Alcanna did not hold any securities of YSS. An early warning report will be filed
by Alcanna in respect of Nova in accordance with applicable Canadian securities laws. As of the date of
this news release, neither Nova nor Alcanna are aware of any plans nor have any future intentions which
would relate to or result in any of the matters contemplated by Item 5 of Form 62-103F1 Required
Disclosure Under the Early Warning Requirements. To obtain a copy of the early warning report, see the
contact information below for Darren Karasiuk.

Advisors

Eight Capital acted as exclusive financial advisor to Alcanna with respect to the Transaction. Cormark acted
as financial advisor to YSS with respect the Concurrent Financing. Bennett Jones LLP acted as legal advisor
to Alcanna and the ACS Entities. Stikeman Elliott LLP acted as legal advisor to YSS.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

NOTE REGARDING FORWARD-LOOKING INFORMATION

This press release contains certain "forward-looking information" and certain "forward-looking statements" within the meaning of
applicable securities laws, such as statements and information concerning anticipated future events, results, circumstances,
performance or expectations that are not historical facts or information or current condition, but instead represent only the parties
beliefs regarding future events, plans or objective, many of which, by their nature, are inherently uncertain and outside of the
Alcanna or Nova's control. Use of words such as "may", "will", "expect", "plans", "could", "would", "might", "believe", "intends",
"likely", or other words of similar effect may indicate a "forward-looking" statement. The forward-looking information and
forward-looking statements contained herein may include, but are not limited to: expectations regarding the issuance of the final
bulletin of the TSXV in respect of the Transaction and timing thereof; timing for the commencement of trading of Nova Shares on
the TSXV; Nova's ability to meet the TSX original listing requirements and listing of the Nova Shares on the TSX; expectations
regarding the management and administrative services agreement between Alcanna and Nova; the cost of management and
administrative services by Alcanna; the pro forma business plan of Nova, including plans to convert cannabis retail stores to the
"Value Buds" banner; growth of Nova; the roll-out the "Value Buds" banner across Ontario through new builds and acquisitions;
and use of the net proceeds from the Concurrent Financing; Alcanna providing lease guarantees and other financial support to
Nova; and the pledge of the assets of Nova to secure the operating line of credit provided by Alcanna to Nova. These statements
are not guarantees of future performance and are subject to numerous risks and uncertainties, including those described in the
publicly filed documents of Alcanna or Nova (available on SEDAR at www.sedar.com).

Among the key risks and uncertainties that could cause actual results to differ materially from those projected in the forward-
looking information and statements include, but not are limited to, the following: the potential impact of the Transaction on
relationships, including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic,
business and political conditions, including changes in the financial markets; risks relating to the COVID-19 pandemic,
governmental responses thereto, measures taken by Alcanna or Nova in response thereto and the impact thereof on the global
economy, capital markets, the cannabis retail industry and Alcanna or Nova; the ability of Nova's management to successfully
integrate the operations of the cannabis retail businesses of the ACS Entities and YSS; the ability to realize the benefits anticipated
by the Transaction; changes in regulation and legislative developments affecting the cannabis retail industry; the ability of Alcanna
to provide financial support to Nova; and the successful execution of Nova's business plan; and the ability of Nova to secure
additional capital to execute its business plan on economic terms. For additional information with respect to these factors and
assumptions underlying the forward-looking statements in this news release concerning the cannabis retail business of Nova upon
completion of the transaction, see the management information circular of YSS dated February 12, 2021 in respect of the
Transaction, which is available on Nova's issuer profile on SEDAR at www.sedar.com.

These statements are made as of the date of this news release and, except as required by applicable law, neither Alcanna nor Nova
undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future
events or otherwise. Additionally, neither Alcanna nor Nova undertake an obligation to comment on analyses, expectations or

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statements made by third parties in respect of Alcanna or Nova, or their respective financial or operating results or its securities.
Alcanna and Nova do not assume any obligation to update or revise any forward-looking statements, whether written or oral, that
may be made from time to time by the Alcanna or Nova on the behalf of Alcanna or Nova, except as required by applicable law.

Readers are cautioned that the foregoing lists of factors are not exhaustive. Additional information on these and other factors that
could affect operations or financial results of Alcanna and Nova are included in reports on file with applicable securities regulatory
authorities and may be accessed through the SEDAR website (www.sedar.com). These forward-looking statements are made as of
the date of this press release and Alcanna and Nova disclaim any intent or obligation to update publicly any forward-looking
information, whether as a result of new information, future events or results or otherwise, other than as required by applicable
securities laws.

This press release contains future-oriented financial information and financial outlook information (collectively, "FOFI") about
Nova's pro forma expected market capitalization and growth, which are subject to the same assumptions, risk factors, limitations,
and qualifications as set forth in the above paragraphs. The actual results of operations of Nova and the resulting financial results
will likely vary from the amounts set forth in this presentation and such variation may be material. Alcanna, Nova and their
respective management believe that the FOFI has been prepared on a reasonable basis, reflecting management's best estimates and
judgments. However, because this information is subjective and subject to numerous risks, it should not be relied on as necessarily
indicative of future results. Except as required by applicable securities laws, Alcanna and Nova undertake no obligation to update
such FOFI. FOFI contained in this press release was approved by management of Alcanna and Nova, respectively, as of the date
of this press release and was provided for the purpose of providing further information about Nova's anticipated future business
operations. Readers are cautioned that the FOFI contained in this press release should not be used for purposes other than for which
it is disclosed herein.

FOR FURTHER INFORMATION PLEASE CONTACT:

Alcanna:
James Burns
Vice-Chair and Chief Executive Officer
(587) 460-1026

Nova:
Darren Karasiuk
Chief Executive Officer
(416) 580-8768