2018-01-16 19:16 ET - News Release

Ms. Dara Willis reports

CANNIMED THERAPEUTICS INC. ANNOUNCES DIRECTOR RESIGNATION

Effective Jan. 15, 2018, Doug Banzet has resigned from CanniMed Therapeutics Inc.'s board of directors.

About CanniMed Therapeutics Inc.

CanniMed is a Canadian-based, international plant biopharmaceutical company and a leader in the Canadian medical cannabis industry, with 17 years of pharmaceutical cannabis cultivation experience, state-of-the-art, GMP-(good manufacturing practice)-compliant production process, and world-class research and development platforms with a wide range of pharmaceutical-grade cannabis products. In addition, the company has an active plant biotechnology research and product development program focused on the production of plant-based materials for pharmaceutical, agricultural and environmental applications.

The company, through its subsidiaries, was the first producer to be licensed under the Marijuana for Medical Purposes Regulations, the predecessor to the current Access to Cannabis for Medical Purposes Regulations. It was the sole supplier to Health Canada under the former medical marijuana system for 13 years, and has been producing safe and consistent medical marijuana for thousands of Canadian patients, with no incident of product diversion or recalls.