SOL Global Provides Interim Unaudited Financials for the First Quarter Ended February 2021

Captor Capital is the Publicly Traded Parent Company and 51% Owner of One Plant California

April 28, 2021 (Toronto, Ontario) – SOL Global Investments Corp. (“SOL Global” or the “Company”) (CSE:SOL) (OTCPK:SOLCF) (Frankfurt:9SB) announces that it has submitted irrevocable subscription agreements to increase its position in Captor Capital Corp. (“Captor”) (CSE:CPTR) to 15.7%, through the acquisition of 4,105,263 units in the capital of Captor (“Units”) from the recently announced non-brokered private placement of Captor (the “Transaction”). The completion of the Transaction will result in a greater than 2.0% increase in the 10.19% holding of common shares in the capital of Captor (“Common Shares”) reported since the last early warning report filed by the Company on April 12, 2021.

“Our excitement over the One Plant brand expansion and California dispensary market continues to grow” said Andrew DeFrancesco, Chairman and Chief Executive Officer of SOL Global. “In order to maximize the opportunity for SOL stockholders we felt strongly about participating in the financing and increasing our ownership position.”

On April 28, 2021, SOL Global submitted irrevocable subscription agreements for 4,105,263 Units at a price of $0.95 per Unit. Each Unit was comprised of one (1) Common Share and one-half of one (1/2) Common Share purchase warrant (each, a “Warrant”) exercisable at $1.20 for a period of 24 months. Prior to the Transaction, SOL Global owned 3,938,200 Common Shares, representing approximately 10.19% of the issued and outstanding Common Shares on a non-diluted basis. Following the completion of the Transaction, SOL Global will own 8,043,463 Common Shares representing approximately 15.7% of the issued and outstanding Common Shares on a non-diluted basis. Together with the 2,052,632 Warrants to be acquired by the Company, SOL Global will beneficially own approximately 18.99% of Captor on a partially diluted basis. Following closing of the Transaction, SOL Global’s average-cost-base on Captor is $0.89 per Common Share.

The completion of the Transaction will result in an approximately 5.5% increase in the Company’s security holding percentage of the issued and outstanding Common Shares on a non-diluted basis.

The Company will acquire the securities reported herein for investment purposes. The Company may, depending on market and other conditions, increase or decrease its beneficial ownership in Captor’s securities, whether in transactions over the open market, by privately negotiated arrangements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities.