CannaRoyalty Corp. announced that the Company's distribution arm, Continuum, has entered into an agreement (the "Agreement") to become the exclusive distributor of Cannabiniers(TM), producer of Two Roots(TM), Creative Waters(TM), and Baskin(TM) cannabis-infused products in California. "Our California distribution platform continues to strengthen as the company prepare for the closing of the acquisition of the Company by Cresco Labs Inc. ("Cresco Labs"), upon receipt of regulatory approvals.