VANCOUVER, British Columbia, March 27, 2018 (GLOBE NEWSWIRE) -- Cannabis Wheaton Income Corp. (TSX.V:CBW) ("Cannabis Wheaton" or the "Company") announces that it has granted 1,110,000 options to purchase common shares of the Company (the "Options") to certain directors and officers pursuant to the Company’s stock option plan (the "Plan"). All Options will vest in equal portions over the following three years. All of the Options are exercisable at a price of $1.80 per common share. The Options have a term of 10 years and are subject in all respects to the terms of the Plan and the requirements of the TSX Venture Exchange.

ON BEHALF OF THE BOARD

"Chuck Rifici" Chairman & CEO

About Cannabis Wheaton (TSX.V:CBW)

Cannabis Wheaton is a collective of entrepreneurs with a passion for the cannabis industry past, present and future. Our mandate is to facilitate growth for our partners by providing them with financial support and sharing our collective industry experience. Our partners all have different visions, voices and brand values, and all share a common goal—to build a world-class industry based on ethics, diversity, quality and innovation.

Investor Relations:

For more information about investing in Cannabis Wheaton, please visit: http://www.wheatonincome.com or contact our Investor Relations Team:

Email: IR@wheatonincome.com

1-833-695-2414

Stay Connected:

Follow up on Twitter @WheatonIncome

Media Enquiries (only):

For media enquiries or to set up an interview please contact:

Sarah Bain, VP External Affairs

Email: sarah@cannabiswheaton.com

Phone: 613.230.5869

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.