Mr. John McMullen reports

GLOBAL BEER LAUNCH IN LONDON OF OLD BOY MARY JANE BEER RANGE - NEXT LAUNCH IS BERLIN

LGC Capital Ltd. joint venture CLV Frontier Brands Pty. Ltd., which includes LGC, Creso Pharma and United Kingdom-based Baltic Beer Company, has officially started to globally launch its beer range with the launch of its beers in the U.K. at the Boutique Bar Show in London last week.

LGC are pleased to announce that Old Boy Mary Jane (OBMJ) Big Egg Mountain Baltic Porter won a silver medal at Baltic Beer Star 2018 competition that was held in Riga earlier this month. Old Boy Mary Jane Improper Pils and Ghost Bog Hazy IPA both won bronze medals.

Official global launch of Old Boy Mary Jane beer range

The new CLV umbrella beer brand Old Boy Mary Jane has now officially started its global launch with the launch in London in the United Kingdom last week at the Boutique Bar Show.

The launch of OBMJ Ghost Bog Hazy IPA, OBMJ Improper Pils and OBMJ Big Egg Mountain Baltic Porter has gone well, with wholesalers now appointed for the U.K. and with two beers already listed on the Drinkshop website and Beers of Europe.

Zigfrid Von Underbelly and Roadtrip & Workshop are the first two high-profile bars in London to stock OBMJ beers.

The mainland European launch started at BarConvent Berlin started yesterday, Oct. 8, with first showings of the Gypsy family of tonics and adult soft drinks.

John McMullen, chief executive officer and director of CLV, stated: "The global launch of OBMJ beers in London has been very successful and the levels of interest in our unique beers has exceeded CLV's original expectations. The global beverage market has been expanding rapidly into the craft beverage lines. With highly individualized and independent young adults demanding a high-end selection of beverages to choose from, CLV caters to this growing market and provides a connection with flavours and experiences that the global consumer can fully enjoy."

Creso's co-founder and chief executive officer, Dr. Miri Halperin Wernli, said: "We are very excited about the launch of these unique creative products infused with natural organic blends that bring exciting flavours and aromas. We see a lot of potential value in this growing market and anticipate a successful initial portfolio launch in Europe. Through the vast geographic reach of the three parties in this venture we can look forward to opportunities for this innovative new range of drinks to be produced and sold globally."

Paul Baxendale, Baltic Beer Company's managing director and sales and marketing director, stated: "We were delighted with the success of the OBMJ launch in London. The liquids were really well received and response to the branding was extremely positive. There was a much greater level of understanding in relation to these unique beers than we expected, and we are confident that OBMJ can secure a prominent place in the market. We now move to launch the OBMJ brand in Germany."

About LGC Capital Ltd.

LGC Capital is a leading investment firm with a focus on the legal global cannabis market. Through its portfolio investment companies, LGC is building a world-leading, vertically integrated system of interconnected legal cannabis companies with cultivation, processing and distribution in Australia, Jamaica, Switzerland, Italy and Canada serving domestic and export markets.

We seek Safe Harbor.