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MYM Nutraceuticals Inc
Symbol MYM
Shares Issued 112,832,978
Close 2018-07-06 C$ 1.46
Market Cap C$ 164,736,148
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MYM partners with Sherbrooke for CannaCentre concept

2018-07-06 09:23 ET - News Release

Mr. Rob Gietl reports

MYM AND THE SHERBROOKE HISTORICAL SOCIETY PARTNER TO CREATE CONCEPT FOR 'CANNACENTRE' MUSEUM AT CANNABIS PRODUCTION FACILITY IN WEEDON, QUEBEC

MYM Nutraceuticals Inc. has entered into a partnership with the Sherbrooke Historical Society to create the concept for the CannaCentre museum, which is expected to be exhibited at the cannabis museum and is anticipated to be built at the company's planned 1.5-million-square-foot cannabis production facility in Weedon, Que.

Under the agreement, the Sherbrooke Historical Society will present a concept for the museum (along with a work schedule and associated costs). The Sherbrooke Historical Society will present specific recommendations regarding an appropriate management method for this innovative museum project that will be built in Weedon, Que. To help the Sherbrooke Historical Society in this mandate, an advisory committee will be established, comprising Weedon residents, representatives from the MRC du Haut-Saint-Francois, as well as from the region's tourist and cultural sectors.

"We are thrilled to partner with the Sherbrooke Historical Society in developing the concept of the CannaCentre at what is anticipated to be our flagship cannabis production facility in Weedon, Que.," said Rob Gietl, chief executive officer of MYM Nutraceuticals. "The Sherbrooke Historical Society has long recognized the importance of historical conservation in Sherbrooke and the Eastern Townships. Having a hand in building Canada's first cannabis museum will ensure this monumental occasion will be highlighted in the records of the Eastern Townships' rich history."

Jean Theriault, president of the Sherbrooke Historical Society, stated: "The Sherbrooke Historical Society is honoured to be the leading partner for this project in Weedon, Que. It is a rare opportunity to participate in a project that could revitalize a corner of our region that is in need of help. To develop educational, cultural and tourism tools here, in the RCM du Haut-St-Francois, is an interesting challenge for us and for all of the Eastern Townships."

Michel Harnois, Sherbrooke Historical Society's executive director, stated: "The challenge of creating the concept for a new kind of museum in Quebec and in Canada that shows such educational and social potential will require that our team think outside the box and excel in creating a truly original project, which will be envied elsewhere. We are pleased that MYM Nutraceuticals made the choice to believe in local and regional expertise."

About MYM Nutraceuticals Inc.

MYM Nutraceuticals is an innovative company focused on acquiring Health Canada licences to produce and sell high-end organic medicinal cannabis supplements and topical products. MYM is a shareholder in two production projects in Quebec that when completed are anticipated to have over 1.8 million square feet of production space. MYM is also a shareholder in a production project (Northern Rivers project) in New South Wales, Australia, that is expected to have 1.2 million square feet of production space. Australia is an exciting new market that has recently legalized medicinal cannabis.

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