$TGODF Displays Scale as it Reports Q2 2018 Results

• Scaling up to become the largest organic cannabis brand in the world
• Grow facilities in Canada, Denmark and Jamaica to produce 195,000 kg of cannabis annually
• Announced $25.8 million acquisition of HemPoland adds gateway to huge European market
• Ecommerce giant Shopify to build online sales platform

With the release of its Q2 2018 results, a sterling performance by The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is on display (http://nnw.fm/YOj9O). The string of achievements announced in the report shows that the company, a producer of organic, pesticide-free medical cannabis, is well on its way to realizing management’s vision of becoming the largest organic cannabis brand in the world. By the end of 2019, TGOD expects to have all of its production facilities up and running. Together, they will have the capacity to churn out 195,000 kilograms of cannabis annually.

Presently, the company is on track to achieve its ambitious goals, with four cultivation units under its aegis. The largest is the facility under construction at Valleyfield, Quebec. Work at the 72.4-acre property began soon after initial construction permits were granted in December 2017. The planned 820,000 square feet high-technology hybrid facility will have an output capacity of 142,000 kg of high-quality organic cannabis. Since it is eligible for Hydro Quebec’s economic development rate, which will lower its power cost, this facility will put TGOD in a good position to be a low cost producer. The plant is expected to be ready in the first half of 2019.

TGOD’s European operations won’t be quite as big as the Valleyfield complex, but, with a planned annual output capacity of 25,000 kg, the endeavor, focused on oil extraction, won’t be anything to sneeze at. Consisting of two facilities situated in 1.3 million sq. ft. of state-of-the-art automated greenhouses, the enterprise, currently the subject of a Letter of Intent (LOI), will be a 50/50 joint venture with Knud Jepsen, based in Hinnerup, Denmark. The expected completion date is in the second half of 2019.

However, in a recently announced acquisition that dramatically accelerates its strategic entry into Europe’s lucrative organic cannabis market, TGOD entered into a definitive agreement to acquire HemPoland, a European manufacturer and marketer of premium organic CBD oils (http://nnw.fm/5PKCg). The $25.8 million deal, which includes an immediate accretive cash and share transaction in addition to an infusion of funding for research and development, gives the cannabis-focused research and development company an enviable foothold in Europe’s multibillion dollar cannabis market, as noted by Brian Athaide, CEO of TGOD. In a news release, he stated “Gaining market share with CBD products now, in the EU, with over 700 locations, allows TGOD to establish immediate brand awareness across all verticals including infused beverages. This is an accretive acquisition and gateway to Europe’s 750 million people accelerating our plan of becoming the world’s largest organic cannabis brand.”

TGOD has already established a footprint in Jamaica. The company signed a binding agreement to acquire 49.18 percent of Epican Medicinals, a vertically integrated Jamaican cannabis company with cultivation, extraction, manufacturing and retail licenses. Epican is something of a pioneer. It was the first to be granted a cultivation license in Jamaica. Its grow facility currently has a capacity of 1,300 kg, which will be expanded to 14,000 kg by the end of 2018. Epican plans to launch a total of five dispensaries in Jamaica. The first had a successful opening in Kingston, Jamaica, on Saturday, July 14 (http://nnw.fm/g1eQP). This partnership with Epican provides TGOD with a low-cost platform to export premium Jamaican-grown cannabis to select international jurisdictions.

At its Hamilton facility, the target output capacity is also 14,000 kg. Construction is proceeding in phases. Phase 1, meant to be used as a test before scaling up, is an indoor facility covering 7,000 sq. ft., and producing 1,000 kg of cannabis. Phase 2 will add 20,000 sq. ft. in an indoor facility with a production capacity of 2,000 kg; it will focus on specialty grows and formulations. Phase 3 is a planned hybrid facility that will cover 123,000 sq. ft. and have an annual output capacity of 11,000 kg. At completion, scheduled for the first half of 2019, the Hamilton complex will extend over 150,000 sq. ft. and produce 14,000 kg of high quality organic cannabis annually.

All four facilities – Denmark, Hamilton, Jamaica and Valleyfield – are fully funded, and, on their completion, total TGOD facilities will cover 1,607,245 sq. ft. and produce 195,000 kg per annum.

To complement its brick-and-mortar operations, TGOD has engaged Shopify Inc. (NYSE: SHOP) (TSX: SHOP) to build an innovative ecommerce platform to promote and deliver medical and adult-use organic cannabis worldwide (http://nnw.fm/9RamL). Presently, Shopify is the leading cloud-based multichannel ecommerce platform. The company was involved in the partnership between TGOD and Epican in Jamaica, where it supplied the retail point-of-sale system for Epican’s retail outlets. Shopify is also developing the pre-registration system for medical patients throughout Jamaica.

For more information, visit the company’s website at www.TGOD.ca

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About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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$YGYI Enters the Cannabis Market with New Product Line

• Enters the $7.7B cannabis market with new product line HempFX™
• Introduced three new proprietary blends of hemp-derived cannabinoid products
• Official launch will take place in October 2018

Over 20 years ago, Youngevity International, Inc. (NASDAQ: YGYI) was founded around one central question: How can we live younger, longer? Since then, YGYI has prided itself on developing the highest quality and most well-researched nutritional products. Now a leading omni-direct lifestyle company, YGYI is putting people on a holistic path to better health.

Already offering products in the eight top selling retail categories (health/nutrition, home/family, food/beverage (including coffee), spa/beauty, fashion, essential oils, photo and a range of innovative services), YGYI recently announced its entry into the $7.7 billion cannabis market with new product line HempFX™ (http://nnw.fm/nOO3h).

Direct Selling News recently reported, “According to recent data published by Forbes, citing Brightfield Group, the global cannabis market is projected to reach $31.4 billion by 2021. By end of 2017, the global market value was estimated at $7.7 billion.” In a rapidly growing cannabis market in which industry analysts continue to forecast sustained growth, the Hemp FX™ products hold promise.

Hemp FX™ has three new proprietary blends of organically grown hemp-derived cannabinoid products. Each product utilizes YGYI’s exclusive hemp-derived cannabinoid oil and combines it with natural herbs and minerals to achieve the desired results.

Soothe™ combines YGYI’s cannabidiol oil with herbs, minerals and a powerful antioxidant to support a healthy immune system and soothe sore, tired and achy muscles and joints.

Relax™ combines the cannabidiol oil with chamomile, lavender, valerian and melatonin for sleep-supporting benefits.

Uplift™ combines the cannabidiol oil with St. John’s Wort and a specialized set of natural terpenes (cannabinoid enhancers).

Soothe™, Relax™ and Uplift™ were introduced at the 2018 Youngevity Convention in San Diego, California. A limited quantity that was available for pre-sale purchases to attendees quickly sold out. This new product line has the potential to transform both the nutritional industry and Youngevity’s consumer base.

In a news release, Steve Wallach, Youngevity’s CEO, stated, “Hemp-derived cannabidiol aligns with what we do very well. We’ve taken what we know about essential nutrients along with decades of knowledge specializing in natural, plant-based nutrition and their most beneficial nutrients and put that knowledge to work to develop high-end cannabidiol products.”

The official launch of Hemp FX™ is set to take place in October 2018.

For more information, visit the company’s website at www.YGYI.com

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About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

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$YGYI Enters the Cannabis Market with New Product Line

• Enters the $7.7B cannabis market with new product line HempFX™
• Introduced three new proprietary blends of hemp-derived cannabinoid products
• Official launch will take place in October 2018

Over 20 years ago, Youngevity International, Inc. (NASDAQ: YGYI) was founded around one central question: How can we live younger, longer? Since then, YGYI has prided itself on developing the highest quality and most well-researched nutritional products. Now a leading omni-direct lifestyle company, YGYI is putting people on a holistic path to better health.

Already offering products in the eight top selling retail categories (health/nutrition, home/family, food/beverage (including coffee), spa/beauty, fashion, essential oils, photo and a range of innovative services), YGYI recently announced its entry into the $7.7 billion cannabis market with new product line HempFX™ (http://nnw.fm/nOO3h).

Direct Selling News recently reported, “According to recent data published by Forbes, citing Brightfield Group, the global cannabis market is projected to reach $31.4 billion by 2021. By end of 2017, the global market value was estimated at $7.7 billion.” In a rapidly growing cannabis market in which industry analysts continue to forecast sustained growth, the Hemp FX™ products hold promise.

Hemp FX™ has three new proprietary blends of organically grown hemp-derived cannabinoid products. Each product utilizes YGYI’s exclusive hemp-derived cannabinoid oil and combines it with natural herbs and minerals to achieve the desired results.

Soothe™ combines YGYI’s cannabidiol oil with herbs, minerals and a powerful antioxidant to support a healthy immune system and soothe sore, tired and achy muscles and joints.

Relax™ combines the cannabidiol oil with chamomile, lavender, valerian and melatonin for sleep-supporting benefits.

Uplift™ combines the cannabidiol oil with St. John’s Wort and a specialized set of natural terpenes (cannabinoid enhancers).

Soothe™, Relax™ and Uplift™ were introduced at the 2018 Youngevity Convention in San Diego, California. A limited quantity that was available for pre-sale purchases to attendees quickly sold out. This new product line has the potential to transform both the nutritional industry and Youngevity’s consumer base.

In a news release, Steve Wallach, Youngevity’s CEO, stated, “Hemp-derived cannabidiol aligns with what we do very well. We’ve taken what we know about essential nutrients along with decades of knowledge specializing in natural, plant-based nutrition and their most beneficial nutrients and put that knowledge to work to develop high-end cannabidiol products.”

The official launch of Hemp FX™ is set to take place in October 2018.

For more information, visit the company’s website at www.YGYI.com

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About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

$TMSR Announces Changes to Its Board of Directors

WUHAN, China, Sep. 5, 2018 — TMSR Holding Company Limited (“TMSR” or the “Company”) (NASDAQ: TMSR), a holding company with its subsidiaries engaging in the production and sales of solid waste recycling and comprehensive utilization equipment, today announced that  Ms. Yaqing Hu and Ms. Hui Zhu resigned from their positions as members of the Board of Directors (the “Board”) of the Company, effective August 31, 2018. Ms. Hu and Ms. Zhu’s resignations were due to their personal reasons and were not a result of any disagreement with the Company relating to its operations, policies or practices.

To fill the vacancies created by Ms. Zhu’s resignation, the Company’s Board appointed Mr. Hongxiang Yu as a director of the Board and chairman of the Audit Committee, effective August 31, 2018. To fill the vacancies created by Ms. Hu’s resignation, the Board appointed Ms. Yilei Shao as a director of the Board and chairwoman of the Compensation Committee, effective August 31, 2018.

Mr. Hongxiang Yu has been a director for American Lorain Corporation, a company listed on New York Stock Exchange (AMEX: ALN) since 2016. Mr. Yu has served as the head of the internal auditing department of Hongrun Construction Group Co., Ltd., a company listed on the Shenzhen Stock Exchange, and as general manager for Hongrun’s foundation engineering subsidiary, since August 2006. In September 2015, Mr. Yu established, and has been the Chairman of, Shanghai Highlights Asset Management Co., Ltd., a company engaged in assets management and private equity investment in China. Since April 2016, Mr. Yu has also served as the Vice Chairman of Tianjin Dragon Film Limited, a company engaged in investment in film industry including the both upstream and downstream chain of film production business in China. Mr. Yu received his Bachelor degree in International Trade in 2004 from University of Portsmouth in the UK and his Master degree in International Human Resources Management in 2006 from University of Portsmouth.

Ms. Yilei Shao was nominated to serve as a director for American Lorain Corporation, a company listed on New York Stock Exchange (AMEX: ALN) in 2018. Ms. Shao has served as founder and chief executive officer of Shanghai Jianshi Management Consulting Limited, focusing on cross-border advisory services for Chinese companies and strategic consulting, since 2011. Ms. Shao served as Vice President in the Credit Derivatives Department of Goldman Sachs in New York from 2005 to 2010. Ms. Shao received a bachelor degree in computer science from Shanghai Jiao Tong University and a Ph.D. in Computer Science from Princeton University.

“We’d like to thank Ms. Zhu and Ms. Hu for their leadership, guidance and dedication to TMSR while serving as members of the Board,” said Jiazhen Li, Chairwoman of TMSR. “We are also very delighted that Mr. Yu and Ms. Shao have agreed to join our Board and look forward to their expertise and insights in helping further strengthen our Board.”

About TMSR Holding Company Limited

Founded in 2009, TMSR Holding Company Limited engages in the research, development, production and sale of an array of solid waste recycling systems for the mining and industrial sectors in the PRC. it provides end users in these markets with a clean alternative to traditional waste disposal by significantly reducing solid waste discharge into the environment and enabling such users to extract value from valuable metals and other industrial waste materials. For more information about TMSR, please visit www.tmsrholding.com.

Safe Harbor Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including certain plans, expectations, goals, and projections, which are subject to numerous assumptions, risks, and uncertainties. These forward-looking statements may include, but are not limited to, statements containing words such as “may,” “could,” “would,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “expects,” “intends”, “future” and “guidance” or similar expressions. These forward-looking statements speak only as of the date of this press release and are subject to change at any time. These forward-looking statements are based upon management’s current expectations and are subject to a number of risks, uncertainties and contingencies, many of which are beyond the Company’s control that may cause actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. The Company’s actual results could differ materially from those contained in the forward-looking statements due to a number of factors, including those described under the heading “Risk Factors” in the Company’s public filings with the Securities and Exchange Commission, including the Company’s annual report on 10-K. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required under applicable law.

Investor Relations:

Tony Tian, CFA
Weitian Group LLC
Email: ttian@weitianco.com
Phone: +1 732 910 9692

$TGODF Provides Update on Aurora Milestone Option

TORONTO, Sept. 04, 2018 — The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) announces it has agreed with Aurora Cannabis Inc. (“Aurora”) (TSX:ACB) to extend Aurora’s exercise deadline of its first milestone option (the “Milestone Option”) under the TGOD Aurora Investor Rights Agreement by 6 weeks to October 12, 2018. The first Milestone Option entitles Aurora to acquire an additional 8% of the common shares of the Company.

For more information on the terms of Aurora’s strategic investment in TGOD, please view the press release from January 5^th, 2018 here.

Further to the Investor Rights Agreement between TGOD and Aurora, dated January 12, 2018, the first Milestone Option was triggered on August 2, 2018, 90 days after TGOD’s initial public offering which closed on May 2, 2018. Under the Investor Rights Agreement, Aurora had 30 days to exercise the Milestone Option. The parties have agreed to extend the term, such that the Milestone Option will now expire on October 12, 2018.

“The Aurora partnership has been incredibly beneficial for both parties to date,” said Brian Athaide, TGOD’s CEO. “In addition to the organic supply agreement, the value of Aurora’s initial investment has increased nearly five-fold. In turn, the assistance provided by the Aurora team has helped accelerate our progress across all divisions, and we look forward to continuing our strategic partnership as we work towards building the largest organic cannabis brand in the world,” continued Athaide.

Terry Booth, CEO of Aurora, added, “We are pleased with the progress made at TGOD to date, as reflected by the significant appreciation of our investment. We are now working with the TGOD team on finalizing the details of our go forward partnership, and we will continue to support them as they execute on their strategy.”

On Behalf of the Board of Directors,

The Green Organic Dutchman Holdings Ltd.
Brian Athaide
Chief Executive Officer

ABOUT THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD.

The Green Organic Dutchman Holdings Ltd. is a research & development company licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis. The Company carries out its principal activities producing cannabis from its facilities in Ancaster, Ont., pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada) and its regulations.

The Company grows high quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a funded capacity of 170,000 kg and is building 1,382,000 sq. ft. of cultivation facilities in Ontario, Quebec and Jamaica.

The Company has developed a strategic partnership with Aurora Cannabis Inc. (ACB.TO) whereby Aurora has invested approximately C$78.1 million for an approximate 17.5% stake in TGOD. In addition, the Company has raised approximately C$350 million dollars and has over 20,000 shareholders.

TGOD’s Common Shares and warrants issued under the indenture dated November 1, 2017 trade on the TSX under the symbol “TGOD” and “TGOD.WT”, respectively.

CONTACT INFORMATION
Investor Relations
Email: invest@tgod.ca
Phone: 1 (416) 900-7621
www.tgod.ca

Forward-Looking Information Cautionary Statement

This news release includes statements containing certain “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). Forward looking statements in this release includes, but is not limited to, statements about the future legalization of recreational cannabis and cannabis-infused products in Canada, statements about the offering of any particular products by the Company and statements regarding the future performance of the Company. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of Toronto Stock Exchange) accept responsibility for the adequacy or accuracy of this release.

$NETE Raises $7M to Expand Subscription-Based Payment Processing Service

• Payment Club operates cashless processing services on subscription-based model
• Payment Club co-founders raise $7 million for expansion plans

Net Element, Inc. (NASDAQ: NETE) subsidiary Unified Payments is launching subscription-based payment processing services through a partnership with Payment Club, Inc. that raised $7 million to finance the latter’s expansion plans (http://nnw.fm/eLiP8). Net Element develops multi-channel electronic payment solutions, among which is Unified Payments, a flexible mobile point-of-sale system that enables small and mid-sized businesses to accept cashless payments.

Payment Club provides payment processing services on a subscription-based model. Its co-founders recently announced completion of a $7 million financing deal. With the financial boost, Payment Club intends to expand its operations across the United States, hire key staff and open up facilities in which business owners and operators can learn more about the company’s transparent payment processing solution.

“Utilizing a transparent subscription-based pricing model combined with the latest technology solutions, Payment Club can provide positive options to frustrated merchants and streamline their payment processes,” Anthony Kutscher, president and co-founder of Payment Club, stated in a news release.

Kutscher started Payment Club with co-founder and company vice president Alex Ilinski in response to the needs of small and mid-sized business owners who were facing high and complicated fee structures for services which often did not meet their needs or allow them to leverage the benefits of new payment technologies. Ilinski and Kutscher have been in the payments industry for over 20 years.

“Having witnessed our model deliver exceptional outcomes and drive demand, we knew we needed to partner with the reliable technology provider and raise capital to reach more clients faster,” added Ilinski.

The subscription-based model has seen tremendous growth across a number of industries, with research showing that the subscription economy is growing nine times faster than the S&P 500 (http://nnw.fm/4iUD0). Customers are becoming more comfortable with paying subscriptions for access to goods and services, rather than owning them outright.

Vlad Sadovskiy, president of integrated payments for Net Element, said, “Payment Club is an exceptional company that is revolutionizing the way merchants pay for accepting cashless transactions, and we look forward to a long-term partnership with the Payment Club team as they grow the business.”

Unified Payments earlier this month partnered with Payment Club to create a payment processing service that will allow businesses to pay by monthly subscription (http://nnw.fm/3Tn8K). At the time, Sadovskiy said that the newly introduced subscription-based processing model will solve one of the biggest problems facing small businesses by allowing easy and affordable cashless payments.

Unified Payments is a flexible and mobile tool that that can be used by a wide variety of vendors, such as kiosk-type shops, limousine drivers and tow truck and delivery drivers.

For more information, visit the company’s website at www.NetElement.com

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About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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$VVCIF Completes Acquisition of Canna Farms

NAPANEE, Ontario, Sept. 04, 2018 — VIVO Cannabis Inc. (formerly ABcann Global Corporation) (TSX-V: VIVO, OTCQB: VVCIF) (“VIVO” or the “Company”) is pleased to announce that it has closed its previously announced acquisition of 100% of the issued and outstanding shares of Canna Farms Limited (“Canna Farms”) (the “Transaction”). Canna Farms, located in Hope, British Columbia, is a premium Licensed Producer of medical cannabis under the Access to Cannabis for Medical Purposes Regulations, and the first Licensed Producer in British Columbia.

Transaction Highlights – Combining our Strengths

• Immediately Accretive to VIVO: The Transaction will be immediately accretive to VIVO. For the twelve months ended June 30, 2018, Canna Farms generated unaudited revenue and adjusted EBITDA⁽¹⁾ of $9.4 million and $4.3 million, respectively. For the fiscal year ended September 30, 2017, Canna Farms generated audited revenue of $5.8 million and adjusted EBITDA of $2.8 million.

• Enhanced Financial and Capital Markets Profile: VIVO’s enhanced market capitalization and strong cash position of $110 million, combined with Canna Farms’ positive operating cash flow and trailing adjusted EBITDA margins of 46%, are expected to result in a more robust capital markets profile.

• Increased Capacity and Scale: Annual fully funded production capacity of 57,000 kilograms⁽²⁾, with multiple provincial supply agreements already secured.

• International Leverage: Canna Farms’ Dealers License, combined with VIVO’s international partnerships and expertise, are expected to expedite the Company’s expansion strategy in international markets, with a focus on Germany and Australia.

“The acquisition of Canna Farms represents further progress toward our goal of becoming a leading cannabis company,” said Barry Fishman, CEO of VIVO. “This transformational acquisition is immediately accretive to VIVO and provides significant benefits, including increased production capacity, expanded product offerings, operational synergies and a more robust financial profile to accelerate the execution of our growth strategy.”

Pursuant to a share purchase agreement dated July 30, 2018 (the “Purchase Agreement”), the Company has acquired 100% of the issued and outstanding shares of Canna Farms for an aggregate purchase price of approximately $133 million, comprised of approximately $22.5 million in cash and the issuance of 92.5 million common shares in the capital of the Company at a deemed price of $1.20 per share (based on the 20-day volume-weighted average price of VIVO’s common shares on the TSX Venture Exchange on the day prior to the announcement of the Transaction). The cash consideration was paid to the shareholders of Canna Farms upon the closing of the Transaction and the share consideration will be released from escrow and issued to the shareholders of Canna Farms in six-month increments over 30 months from the closing. As a result of the Transaction, Canna Farms has become a wholly-owned subsidiary of the Company.

The Company is also pleased to announce that it has appointed Daniel Laflamme, co-founder and President of Canna Farms, to VIVO’s board of directors.

“I’m very excited to join the executive team and Board of VIVO and to contribute to the continued dynamic growth of a company with strong operations in both British Columbia and Ontario,” commented Daniel Laflamme, President of Canna Farms.

For further details about the Transaction, see the Company’s news release dated July 30, 2018, available on SEDAR at www.sedar.com. In addition, the Company’s investor presentation on the Transaction dated July 30, 2018 and new corporate presentation are posted on www.vivocannabis.com.

About VIVO Cannabis™

VIVO is recognized for trusted, high-quality products and services. It holds production and sales licenses from Health Canada, with world-class indoor cultivation facilities in Napanee, Ontario and Hope, British Columbia. The Company offers a large selection of award-winning strains and hand-trimmed cannabis flower, as well as a line of cannabis oils. VIVO is expanding its production capacity in both Ontario and BC, and pursuing partnership and product development opportunities domestically and in select international markets, including Germany and Australia.

ON BEHALF OF THE BOARD OF DIRECTORS
Barry Fishman (CEO and Director)

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information

Certain statements in this news release may be considered forward-looking statements, which are statements that are not purely historical, including statements regarding the beliefs, plans, expectations or intentions of VIVO and its management regarding the future. Forward-looking statements in this news release include, but are not limited to, statements relating to the future release and issuance of the common share consideration prescribed in the Purchase Agreement, the Company’s expected future production capacity, and the implied expected benefits of the Transaction. Such statements are based on management’s current assumptions regarding the combined company, derived from due diligence conducted in connection with the Transaction, and are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including the possibility that VIVO may not be able to derive the implied expected benefits from the Transaction described in this news release. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are urged to consider these factors, and the more extensive risk factors included in the Company’s annual information form dated April 30, 2018, which is available on SEDAR, carefully in evaluating the forward-looking statements contained in this news release and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. The forward-looking statements in this news release are made as of the date hereof and the Company disclaims any intent or obligation to update publicly any such forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

More Information:
Barry Fishman, CEO: barry.fishman@vivocannabis.com
Michael Bumby, CFO: michael.bumby@vivocannabis.com
Website: www.vivocannabis.com