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LAS VEGAS, June 11, 2021 /CNW/ - Bhang Inc. ("Bhang" or the "Company") (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an award-winning portfolio of products, is providing an update with respect to its previously announced management cease trade order (the "MCTO") issued by the Ontario Securities Commission on May 3, 2021. The MCTO was issued in connection with the delay by the Company in filing its annual financial statements, management's discussion and analysis and related officer certifications for the financial year ended December 31, 2020 (collectively, the "Required Filings") before the prescribed deadline of April 30, 2021.

While the nation passed 150,000 deaths from COVID-19, there were some relatively encouraging numbers about a decline of the infection rate in Oregon and a plateau of the high numbers of infections across the country.