Mr. Jason Redman reports

NEWSTRIKE'S UP CANNABIS INC. RECEIVES LICENCE FROM HEALTH CANADA TO COMMENCE SALES OF PRODUCT CULTIVATED AT ITS NIAGARA FACILITY

Newstrike Brands Ltd.'s wholly owned subsidiary Up Cannabis Inc. has had its licences issued under the Access to Cannabis for Medical Purposes Regulations (ACMPR) successfully migrated to licences under the Cannabis Act and its regulations for both its Brantford and Niagara facilities. This migrated licence issued for the Niagara greenhouse adds the ability to sell cannabis in all acceptable forms produced within the facility.

"The migrated licences from Health Canada allow us to bring to market cannabis products cultivated at our flagship Niagara facility," said Jay Wilgar, chief executive officer of Newstrike and Up Cannabis. "As we complete the 240,000-square-foot retrofit of the Niagara facility later this year and expand to 455,000 square feet in 2019, we are in a great position to support our provincial partners, meet increasing demand from consumers and expand the Up Cannabis brand."

Up Cannabis products are currently available through licensed provincial retail channels throughout Canada. For more information on where to find Up Cannabis products, please refer to the company's website.

About Newstrike Brands Ltd. and Up Cannabis Inc.

Newstrike is the parent company of Up Cannabis, a licensed producer of cannabis that is licensed to both cultivate and sell cannabis in all acceptable forms. Newstrike, through Up Cannabis and together with select strategic partners, including Canada's iconic musicians The Tragically Hip, is developing a diverse network of high-quality cannabis brands.

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