2017-10-30 20:12 ET - News Release

Mr. John Miller reports

THC ANNOUNCES FACILITY EXPANSION

THC Biomed Intl Ltd. is expanding its facilities to accommodate the company's growth. The company will be adding two additional commercial strata units to its existing space at 2550 Acland Rd., Kelowna, B.C. The total purchase price of the two units is $485,000 in an arm's-length transaction. Of the purchase price, $185,000 will be paid in cash and $300,000 will be covered by a mortgage. The acquisition is expected to close on Nov. 1, 2017. An agent's fee of $10,000 per unit, for a total of $20,000, will be paid to Amazing Green Environmental Products Inc., which secured in an inter alia mortgage of $300,000.

About THC Biomed Intl Ltd.

THC's vision is to be on the leading edge of scientific research and development of products and services related to the medical cannabis industry while creating a standard of excellence. As the industry develops, it will become more important to focus on scientific research and development of products and services related to medical cannabis. Management believes THC is well positioned to be in the forefront of this rapidly growing industry.

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