Mr. Dan Kriznic reports

INVICTUS MD'S FUTURE HARVEST ACHIEVES INCREASE IN GROSS MARGIN RESULTING FROM INCREASED FERTILIZER SALES IN THE CANNABIS-CENTRIC SPACE

Future Harvest Development Ltd., of which Invictus MD Strategies Corp. currently owns 82.5 per cent, has generated $1,578,000 in revenue for the eight months ended Feb. 28, 2017, with a gross margin of $807,846, representing a 51-per-cent gross margin, compared with the same period in the prior-year gross margin of $617,779 and a 39.6-per-cent margin. Future Harvest's Holland Secret signature brand fertilizer for the cannabis sector grew by 26.5 per cent to $137,389 in revenue during that period.

Chris Pearson, chief revenue officer of Future Harvest, commented: "We provide specialty fertilizers and other supplies for hydroponics, the indoor method of growing crops favoured by cannabis cultivators. We know there's an even larger market out there; we're squarely focused on what's made our business successful -- high-value crops."

Mr. Pearson further stated: "To seize the growing demands in the cannabis sector, we ramped up production and recently installed a second, fully automated bottling line. This addition increases our overall production efficiency by 400 per cent.

"Future Harvest also recently introduced a state-of-the-art pill press (patent pending), enabling us to produce water-soluble nutrient tablets, eliminating the need for water and salt and greatly reducing packaging and transportation costs for large-scale commercial applications. These initiatives better position Future Harvest for highly profitable business opportunities within the cannabis sector," said Mr. Pearson.

Dan Kriznic, chairman and chief executive officer of Invictus MD, commented: "Future Harvest's success is a testament to our focused execution and our firm belief that our strategy is well placed and underpinned with innovative products that focus on the burgeoning global cannabis industry. As Canada embarks on a course to legalize recreational marijuana on a federal level and become a global leader in cannabis cultivation, processing and export, we remain confident in our ability to continue delivering strong results this year, and expand Future Harvest to further increase shareholder value."

About Invictus MD Strategies Corp.

Invictus MD Strategies is focused on three main verticals within the burgeoning Canadian cannabis sector: licensed producers under the access to cannabis for medical purposes regulations (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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