Mr. Mazen Haddad reports

LGC CAPITAL ANNOUNCES NEW CHAPTER IN ITS CORPORATE EVOLUTION WITH THE ADDITION OF A HIGHLY EXPERIENCED GLOBAL EXECUTIVE TEAM BRINGING ON 90 YEARS OF BRITISH AMERICAN AND MONSANTO

LGC Capital Ltd. has made four new additions to the executive team. LGC chief operating officer Remy di Meglio, together with both John McMullen and Mazen Haddad, has assembled this team, bringing over 90 years of experience with British American Tobacco and Monsanto to LGC. To lead the team, Mr. Haddad will remain as co-chairman and take on the additional role of chief executive officer. Mr. McMullen will assume the role as president and Mark Shinners of Arlington Capital will take on the role of chief financial officer. The company would like to thank outgoing chief financial officer Anthony Samaha for his years of service to LGC helping to grow LGC.

Mr. Haddad stated: "The new additions to our team at LGC have already begun to work on integrating LGC's investments to extract the economies of scale due to geographic diversity and mobilizing a full product range to serve our customers throughout Europe, Canada and Australia. This team brings over 90 years of experience from leading global companies like British American Tobacco, Monsanto, WPP and CNN. With a keen understanding of how to grow and handle global supply chains and distribution on a large scale, brand building and consumer intelligence, regulatory legislation, and financial governance, they will bring the discipline and rigour required to build LGC into a leading player in the cannabis market. John McMullen will move into the role of president, focusing his efforts on various part of LGC's corporate development and working with our banking partners and developing LGC's public investor base."

Richard Widmann, 51, executive vice-president, commercial, joins LGC with over 15 years of experience across four continents with British American Tobacco's (BAT) business operations in Europe, South Africa and the Americas, most recently serving as area managing director, south-central Europe, a top five market for BAT. In this role, Mr. Widmann achieved in excess of 250 million euros in profit, managed major acquisitions in central Europe and realized significant brand growth in South Africa. Mr. Widmann will lead the commercial strategy and buildup of a pan-European hemp/cannabis enterprise. He will also provide operational direction and oversight to LGC's partners. Currently, he has been assigned to further develop EasyJoint's distribution and corporate development to stay on track for its growth plans.

Mervyn Koenen, 44, vice-president, commercial finance, brings 18 years of managing commercial finance, internal audit and strategic planning; supporting leadership teams to achieve operational targets; and managing strategic agendas. His experience includes international, strategic and multidisciplinary projects, resulting in delivering sustainable profit growth. Mr. Koenen will drive the financial and strategic agenda for LGC's European investees in the expanding market for legal cannabis and cannabidiol derivative products. He will support LGC partners in building sustainable and reliable financial forecasts, lead corporate governance, with procedural performance tracking, and build accounting and supply chain systems to assist subsidiaries with growth demands.

Jeanne van Wyk, 50, vice-president, communications, brings 26 years of global marketing experience on both client and agency side, most recently as strategic planning director for the WPP advertising group servicing British American Tobacco across Europe. Ms. van Wyk has a background in legal studies followed by a successful career in journalism, notably with CNN in Africa and global for five years. Ms. van Wyk will design and manage the strategic development and positioning of the company's brand portfolios, marketing, communications and consumer insights for LGC starting with EasyJoint.

Alistair Hide, 51, vice-president, corporate and regulatory affairs, joins LGC with over 25 years of business experience and corporate regulatory affairs. For the last five years, he held the position of corporate affairs director, Europe, Middle East and Africa, with Monsanto International. This role encompassed government affairs, communications and wider stakeholder relations for Monsanto's agricultural businesses. He also brings over 18 years of experience with BAT, most recently as head of corporate and regulatory affairs, western Europe region. Mr. Hide will be navigating the ever-changing regulations of this new and evolving industry, allowing LGC to understand the legal requirements and directing LGC to ensure its products are compliant with all regulations in the various markets. In his corporate communications capacity, he will work with regulators to develop a sustainable industry framework.

Mark Shinners, 41, chief financial officer, joins LGC with over 17 years of experience in various senior operational and financial advisory roles spanning across a number of industry sectors, including information technology, construction, renewable energy and manufacturing. Having trained as a chartered accountant at PwC, Mr. Shinners went on to hold leadership positions in assurance, corporate finance and financial advisory, providing financial, commercial and strategic advice to multinational companies. Mr. Shinners served as financial director at Hewlett Packard (Services) in the Middle East and chief financial officer at Chinook Urban Mining Ltd., a United Kingdom-based renewable energy development company. Mr. Shinners is currently a director at Arlington Capital. Mr. Shinners is a chartered accountant (ACA); has a bachelor of business studies (BBS), a master in accounting and finance (Macc), and a master of business administration (MBA); and is a chartered waste manager.

Mazen Haddad, 46, chief executive officer, brings over 20 years of experience building companies from the early stage; most of his experience has been in the venture capital space ranging from technology companies, both in the United States and Canada, to real estate and mining. Furthermore, his family business relationships have brought the association of former BAT executives to LGC.

"At the request of our new investors, Arlington Capital, I am proud to take on this new role of direct management of LGC. Now that we have acquired our core positions in the companies such Tricho-Med, Global Canna Labs, Evolution and Little Green Pharma, LGC has formidable growing capacity and a diversity of strains and licensed operators that few other companies have. Furthermore, the associations with EasyJoint and Viridi bring both a wide-ranging catalogue of finished products from consumables to cosmetics and the serious ability to distribute such products through Easyjoint's retail and on-line presence. We will continue to seek companies with finished products that give consumers access to wellness products they demand. It is my sincere belief that both with Arlington Capital's support and our newly added operating team LGC will be able to accelerate the development of our portfolio of companies and integrate their efforts to achieve their full potential."

About LGC Capital Ltd.

Through its partners and assuming pending transactions under review by the TSX Venture Exchange are approved, LGC will have interests in over 450,000 square feet of planted cannabis in Jamaica, Switzerland, Italy and Australia. That is expected to increase to over 2.1 million square feet by 2021 as its portfolio companies execute their expansion plans, in addition to the anticipated licensing of Tricho-Med's operations in Quebec, Canada.

LGC partners currently sell cannabis products in over 1,000 points-of-sale across Switzerland and Italy under the One Premium Cannabis and EasyJoint brands as well as medical cannabis oils in Australia under the Little Green Pharma brand. LGC's partners' branded products are available in a variety of formats, including dry cannabis flower, tinctures, oils, seeds and beverages.

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