Mr. Robert van Santen reports

WORLDWIDE MARIJUANA ANNOUNCES MANAGEMENT & BOARD CHANGES

Worldwide Marijuana Inc. has appointed a new management team to spearhead the recapitalization and reorganization of the company.

Incoming directors and officer appointments, effective on April 10, 2017, are as follows:

• President and chief executive officer -- Robert van Santen, CPA, CA, CMT;
• Chief financial officer -- Annie Storey, CPA, CA.

Robert Marsh, former president and CEO of the company, has resigned his executive appointments but will remain as a director to provide guidance and continuity to the new management team. The directors of the company are therefore Mr. van Santen, Ms. Storey and Mr. Marsh.

The immediate objective is to bring the company's required filings up to date under National Instrument 51-102 of the Canadian Securities Administrators, which includes the audited annual financial statements with accompanying management's discussion and analysis and officer certificates as at and for the years ended Oct. 31, 2015, and 2016. After completion of these filings, the company will reapply to meet all the initial listing requirements of the Canadian Securities Exchange by way of a new listing application as a life sciences issuer.

Mr. van Santen has over 30 years of investment industry and financing experience providing financial and intellectual capital to both private business and the public markets. He began his career in 1986 as an investment adviser with Burns Fry (now BMO Nesbitt Burns), was recognized as broker of the year in 1994 and left the industry as a senior vice-president to establish family-controlled venture capital, merchant and investment banking operations. Mr. van Santen is currently managing director of Agilis Capital Corp., chief information officer at Westland Capital Advisors SA, and chairman and CEO of Valens Groworks Corp., a publicly traded cannabis-focused company integrating an end-to-end global plants-to-premium-products bioscience platform. Mr. van Santen holds a bachelor of commerce degree in organizational behaviour from Concordia University, and chartered accountant, chartered professional accountant and chartered market technician's designations, as well as certifications that include the Canadian Securities Institute's CSC (honours), CPC (honours), PDO and the OLC.

Ms. Storey brings over 25 years of diverse financial reporting and management experience, including 17 years in public practice in the areas of audit, accounting and quality control with national (MNP) and international (KPMG) financial consulting and advisory firms. As a public company audit partner, she navigated complex regulatory environments to meet cross-border reporting requirements. Ms. Storey holds chartered accountant and chartered professional accountant designations, has held teaching positions with the British Columbia Institute of Technology and the CA School of Business, and CFO and director positions with several publicly traded companies. Ms. Storey earned a bachelor of business administration degree from Simon Fraser University with majors in finance and international business, and is a member of the Institute of Chartered Accountants of British Columbia's practice review and licensing committee, the Canadian Institute of Chartered Accountants' practitioners' technical advisory committee, and regularly participates on boards of non-profit organizations.

"I welcome this opportunity to join Bob and Annie on the board and to apply corporate reorganization experience and connections to assist in the resurrection of Worldwide Marijuana. The rapidly growing medical marijuana industry offers considerable opportunities for consolidation, with specific know-how and solid operational experience in short supply,e" said Mr. van Santen. "With the talent and operational experience available within my growing network, our objective is to bring together a team that can capitalize on the myriad of timely opportunities the end of prohibition offers."

We seek Safe Harbor.