Mr. Craig Goodwin reports

NATURALLY SPLENDID EXTENDS NOVATION AGREEMENT

Full Spectrum Laboratories Ltd., Boreal Technologies Inc., Naturally Splendid USA Ltd., a wholly owned subsidiary of Naturally Splendid Enterprises Ltd., and Naturally Splendid have agreed to extend the outside date for closing of the previously announced novation agreement (see news release dated Nov. 20, 2014) to Jan. 15, 2015. No other terms of the novation agreement have changed.

The novation agreement is subject to a number of conditions, including acceptance of the above transaction by the TSX Venture Exchange and Naturally Splendid completing its previously announced financing (see news releases dated Nov. 27, 2014, and Dec. 5, 2014). In the event that the transaction does not close by Jan. 15, 2015, the novation agreement will be terminated and be of no further force or effect.

About Full Spectrum

Full Spectrum Laboratories, incorporated in Ireland, is a bio-research and product development company with operating subsidiaries in Canada and the United States. The company has principally focused on the plant cannabis sativa, and has developed numerous technologies and made several discoveries resulting in two granted patents and over 11 patent applications in just under five years. Full Spectrum currently concentrates on formulation and extraction technologies, analytical cannabis testing in Canada, advance cannabis plant breeding (specializing in CBD expression), and cannabinoid biosynthesis.

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