Mr. John Miller reports

THC BIOMED BEGINS SHIPPING LIVE CANNABIS PLANTS ACROSS CANADA TO ACMPR REGISTERED PATIENTS AND ANNOUNCES WHOLESALE GENETIC PRICING

THC Biomed Intl Ltd. has begun shipping live cannabis plants to patients registered under the ACMPR.

On Dec. 19, 2016, Health Canada granted THC an amendment to its licence to allow THC to sell starting materials, meaning marijuana plants, to legally authorized patients under the ACMPR.

The company is very excited to begin shipping live cannabis plants to registered persons under the ACMPR. It has priced its starting material (clones) at $20 per clone, plus packaging and shipping. THC currently has 29 strains in stock. Please visit THC's website for information and ordering.

THC Biomed has structured its pricing to reflect its mandate of providing patients with accessibility to medicinal cannabis.

The company is pleased to announce that it now offers genetics for sale to licensed producers under the ACMPR. With the increase in new licences being granted by Health Canada, the company has initiated a service to provide newly licensed producers with the genetics they require to start production. THC also intends to participate in a genetic exchange service that would enable producers to exchange strains with THC Biomed. This would increase the company's genetic bank while giving producers the ability to increase their strain supply. THC also offers consulting services to new and aspiring licensed producers to assist them in achieving their applicable licensing requirements.

The company is pleased to report the successful importation of the newly designed Clone Shipper 3.0 containers. THC has now used these containers to ship live cannabis plants across Canada. It believes that it is one of the first entities in Canada to ship live cannabis plants.

THC continues to pursue the acquisition of Clone Shipper. Management believes that purchasing Clone Shipper would allow THC to penetrate the U.S. and international cannabis markets, while remaining in compliance with U.S. and international laws by not dealing with cannabis where it remains illegal.

Wholesale pricing to licensed producers

Genetic exchange service:

One hundred clones, any strain:  $10,000

Pack of three seeds, any strain:  $2,500

Clone Shipper 3.0:  $12.99

THC has begun increasing its production space and will take over two additional property units adjacent to its current facility. This will increase THC's footprint to 16,000 square feet.

THC will continue to protect shareholder value by using its existing infrastructure to ensure swift delivery of products to registered patients. THC will continue to expand its own assets in response to market demands. Management has determined that THC has sufficient infrastructure in place to cater to current patient demand.

About THC

THC is licensed under Canada's access to cannabis for medical purposes regulations for the cultivation, production and sale of cannabis for medical purposes in the form of dried or fresh product, oil, and starting materials. THC also conducts research and development of the products and services related to cannabis for medical purposes. Authorized purchasers can make product orders through the THC website.

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