The Company evaluated subsequent events through the date the financial statements were issued, and determined that the following subsequent events occurred as of that date:

Rogue EBC

On July 14, 2026 the Company received notice that its pending acquisition of the remaining 30% equity interest in Rogue EBC had been approved by the Illinois Department of Agriculture. Management anticipates the acquisition to be accounted for as an asset acquisition in accordance with FASB ASC Topic 805-50, Business Combinations – Related Issues: Asset Acquisitions. Management is evaluating the allocation of the purchase price among the acquired assets. The Company currently estimates that the acquisition will not have a material impact on its liquidity or capital resources apart from the purchase price paid.

Stock Option and RSU grants

On July 21, 2026, the Company’s board of directors approved the grant of 400,000 stock options and 2,490,000 RSUs to directors, officers and employees under the Plan, and reserved 2,890,000 SV Shares for issuance in respect of these awards. The stock options have an exercise price of $0.42 (CAD$0.60) and expire on July 21, 2030. The options vest as to 50% on June 30, 2027 and 50% on June 30, 2028 and have a fair value of $67,544 on the grant date. The RSUs vest as follows: 100,000 on January 1, 2027; 150,000 on June 30, 2028; 1,240,000 on January 1, 2029; and 1,000,000 in three equal annual tranches on January 1 of 2027, 2028 and 2029 and have a fair value of $1,042,284 on the grant date. Certain of the awards provide for immediate vesting upon termination of the holder’s engagement with the Company.