Mr. John McMullen reports

LGC CAPITAL ANNOUNCES INITIAL 500KG DRY CANNABIS FLOWER SUPPLY LOI RECEIVED BY VIRIDI UNIT IN SWITZERLAND

LGC Capital Ltd. investee target Viridi Unit SA of Switzerland has received a letter of intent to buy an initial quantity of 500 kilograms of specially cultivated dry cannabis from Viridi's Swiss growing facilities in Geneva, Switzerland.

The LOI calls for the initial supply of 500 kg of compliant dry flowers and also expresses further interest for the supply of 200 kg per month over the following year. It is envisaged that this initial order will be delivered in November, 2018, from the current Geneva crop, which is due to have first harvest in mid-October.

Viridi currently has 20,000 plants growing at its Geneva cultivation operations, consisting of 108,000 square feet of canopy in hoophouses and greenhouses, and these plants are expected to yield about 3,000 kg of dried cannabis from this current crop.

Mazen Hadad, co-chairman of LGC, stated, "This new order just received by Swiss-based Viridi, more than validates why LGC is in investing in this fast-growing business in the heart of Europe, where LGC sees some of the biggest growth in the legal cannabis market."

Mathieu Marcoulides, chief executive officer of Viridi, stated, "This LOI shows again how fast the European market is progressing and how important the Swiss-made label is."

LGC announced a transaction on July 30, 2018, by which LGC is to acquire a 30-per-cent interest in Viridi and a 5-per-cent lifetime royalty on Viridi's net sales. Refer to LGC's press release dated July 30, 2018, for full details on the transaction. This transaction is subject to TSX Venture Exchange approval.

About LGC Capital Ltd.

LGC's objective is to become a diversified business group with core business divisions that provide shareholders with exposure to a diverse range of businesses, products and services with an emphasis on significant investments in global medical cannabis sector.

We seek Safe Harbor.