Mr. Dennis Petke reports

ALLIANCE GROWERS ANNOUNCES PRIVATE PLACEMENT WITH OVER ALLOTMENT

Alliance Growers Corp. has arranged a non-brokered private placement of up to five million units at a price of 11 cents per unit for gross proceeds of up to $550,000. Each unit is composed of one common share and one share purchase warrant. Each share purchase warrant will entitle the holder to acquire one additional common share in the capital of the company at a price of 21 cents per share, for a period of two years from the date the units are issued. If during the exercise period of the warrants, but after the resale restrictions on the shares have expired, the company's shares trade at or above a weighted average trading price of 30 cents per share for 10 consecutive trading days, the company may accelerate the expiry time of the warrants by giving written notice to warrant holders that the warrants will expire 30 days from the date of providing such notice. As well, Alliance Growers has agreed to an overallotment of up to 1.5 million units on the same terms should demand for the issue prove higher than expected. Certain directors and/or officers of the company, including Dennis Petke, chief executive officer of the company, may participate in the private placement for a total of up to 250,000 units.

A portion of the private placement may be completed in accordance with the exemption set out in BC Instrument 45-534 (Exemption from prospectus requirement for certain trades to existing security holders) pursuant to the terms and conditions of this offering news release and BC Instrument 45-534. Alliance Growers shall make the pro rata offer available to all persons who, as of the record date of Nov. 17, 2017, held common shares in the capital of the company. In accordance with the requirements of the security holder exemption, the company confirms there is no material fact or material change related to the company which has not been generally disclosed. The company plans to allocate the proceeds of the private placement primarily to the Botany Centre for property acquisition and preliminary planning and development, plus finalization of agreements in other potentially lucrative arrangements in the medical and recreational cannabis space, as well as general working capital. The financing is subject to regulatory approval. All securities issued pursuant to the placement will be subject to a hold period of four months and one day from the date of closing.

About Alliance Growers Corp.

Alliance Growers is a diversified cannabis company driven by the company's four-pillar organization plan -- Cannabis Botany Centre, strategic ACMPR investments, CBD oil supply and distribution, and research and development. Alliance Growers has executed an agreement with Botanical Research In Motion International Inc., for a Canada-exclusive licence to jointly develop and operate a 40,000-square-foot facility to be the first of its kind in Western Canada to house a DNA botany lab, extraction facility and tissue culture plantlet production facility to service the cannabis market and agriculture market in general.