CannaOne Signs MOU to Acquire 51% Interest in DA5, a Company with $500 Million of Transaction Volume Annually

Vancouver, British Columbia–(Newsfile Corp. – March 16, 2021) – CannaOne Technologies Inc. (CSE: CNNA) (OTC Pink: CNONF) (FSE: 3CT) (“CannaOne” or the “Company”) is pleased to announce it has entered into a memorandum of understanding for the acquisition of 51% of Direct Agent 5 Inc., (“DA5”), A Philippine-based corporation, DA5 serves as a remittance and forex licensed entity with Bangko Sentro Pilipinas (the “BSP”). DA5 processed over $500 Million USD worth of remittance and forex transactional volume over more than 1.4 million transactions in 2020.