Mr. Dan Kriznic reports

INVICTUS MD'S FUTURE HARVEST ACHIEVES 63% INCREASE IN GROSS MARGIN FOR THE PAST 7 MONTHS ENDING JANUARY 31, 2017 COMPARED TO SAME PERIOD FOR THE PRIOR YEAR

Future Harvest Development Ltd., of which Invictus MD Strategies Corp. currently owns 82.5 per cent, has generated $1,423,000 in revenue for the seven months ending Jan. 31, 2017, with a gross margin of $727,000, representing a 51-per-cent gross margin compared with the same period in the prior-year-gross margin of $446,000, representing a 33-per-cent margin.

Chris Pearson, chief revenue officer of Future Harvest, commented: "As the demand for cannabis for medical purposes under the [access to cannabis for medical purposes regulations] dramatically rises, Future Harvest is capturing that growth opportunity and we're becoming a part of the cannabis growth story by providing specialty fertilizer and supplies for the hydroponic cultivation sector. Through several university research partnerships, we are also developing and manufacturing leading-edge nutrient formulations tailored to the specific requirements of our clients." Mr. Pearson further stated: "We took full advantage of the industry's growing demands and reinvested approximately $300,000 in a fully automated bottling line capable of handling bottle sizes of 125 millilitres up to four litres, at a rate of 40 litres per minute. This addition increases our overall production efficiency by 400 per cent and allows us to aggressively pursue the emerging market opportunities.

"Future Harvest's research team is ready to launch several products in first quarter 2017. Utilizing our state-of-the-art pill press (patent pending), we are now able to produce water-soluble nutrient tablets for the cannabis and other sectors, thereby eliminating the need for water and salt and greatly reducing packaging and transportation costs for large-scale commercial applications. This demonstrates our commitment to the development of environmentally friendly products.

"This is in addition to the new Plantlife Garden & Greens product line for distribution through our large sales channels. These blue-sky initiatives position Future Harvest for highly profitable cannabis-related business opportunities. As we continue to innovate, especially within the cannabis sector, we are focused on building our brand awareness and increasing distribution volumes," said Mr. Pearson.

Dan Kriznic, chairman and chief executive officer of Invictus MD, commented: "Future Harvest's recent sales success is a testament to our focused execution. Future Harvest has worked diligently over the last several years to develop and nurture their sales channels, especially in the cannabis sector. It is our firm belief that our strategy is well placed and underpinned with innovative products and services. We remain confident in our ability to continue delivering strong results this year and over the long term. Furthermore, we remain committed to investing in extending our product line and taking full advantage of the opportunities that the cannabis sector provides."

About Invictus MD Strategies Corp.

Invictus MD Strategies is focused on three main verticals within the burgeoning Canadian cannabis sector: licensed producers under the ACMPR; fertilizer and nutrients through Future Harvest Development; and cannabis data and delivery with its wholly owned subsidiary Poda Technologies Ltd.

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