Mr. David Schwede reports

HERITAGE CANNABIS ANNOUNCES THE PURCHASE OF AN ADDITIONAL EXTRACTION MACHINE, DOUBLING ITS HYDROCARBON PROCESSING CAPACITY AND ADDING EU GMP EXTRACTION CAPABILITIES

Heritage Cannabis Holdings Corp. has procured an EU-GMP-certified (European Union good manufacturing practice) extraction machine to be added to the existing fleet of extractors, which will double the company's hydrocarbon processing capacity. The extractor has the capacity to add 3.6 million grams of cannabis processing and is EU-GMP certified -- a global standard for manufacturing practices -- allowing for increased international sales of Heritage's cannabis derivative products to countries such as Germany, the United Kingdom, Australia and others as cannabis legalization continues to expand across the globe.

Heritage has been enjoying an increased demand for its products both across Canada and the United States, where the company has already launched products in New York, Missouri and West Virginia. This new extractor will help to boost production in order to meet the growing Canadian retail demand as well as create supply to enter global markets as demand for EU-GMP-certified extracts grows internationally. Additionally, Heritage has been actively pursuing and participating in the vibrant B2B (business-to-business) market and amping up production of extracts will support this important and growing sector of the market.

"Doubling our hydrocarbon production is very timely for Heritage and a significant opportunity to add high-margin revenue streams to our business. Heritage has proven that we have no goal posts when it comes to growing into new markets," said David Schwede, chief executive officer of Heritage. "As we continue to see growth in domestic demand for our products and increased overall demand for EU-GMP-certified extracts across the globe, this investment positions us to capitalize on these tremendous and ever-expanding opportunities."

About Heritage Cannabis Holdings Corp.

Heritage Cannabis is a leading cannabis company offering innovative products to both the medical and recreational legal cannabis markets in Canada and the United States, operating under two licensed manufacturing facilities in Canada. The company has an extensive portfolio of high-quality cannabis products under the brands Purefarma, Pura Vida, Rad, Premium 5, Thrifty, Adults Only, feelgood, the CB4 suite of medical products in Canada and ArthroCBD in the United States.