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File: 2018-05-18_NR Speakeasy PP.pdf

                       SPEAKEASY CANNABIS CLUB LTD.
                       Suite 800-1199 West Hastings Street, Vancouver, BC V6E 3T5
                                            T 604-283-1722
                                            F 888-241-5996

      THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR
                        DISSEMINATION IN THE UNITED STATES

For Immediate Release                                                                May 22, 2018



                          SPEAKEASY ANNOUNCES $5 MILLION FINANCING

Vancouver, B.C.,   Speakeasy Cannabis Club Ltd. (CSE: EASY) (Frankfurt: 39H) (the "Company" or
"SpeakEasy") announce a non-brokered private placement (the "Private Placement") for up to 5,000,000
Units ("Units") at a price of $1.00 per Unit to raise total proceeds of $5,000,000. Each Unit will be comprised
of one common share of the Issuer (a "Share") and one common share purchase warrant of the Issuer
(each whole warrant, a "Warrant"). Each Warrant wil l be exercisable into a common share of the Company
(a "Warrant Share") at an exercise price of CDN$1.50 with a year expiry.

The company will also have an overallotment option to place up to an additional 50-per-cent of the financing.

Finder's fees or commissions may be payable by the Company in connection with this Private Placement.

The proceeds of this private placement are for the Company's general working capital.

ON BEHALF OF SPEAKEASY CANNABIS CLUB LTD.

(signed) "Marc Geen"

Chief Executive Officer

For further information, please contact:

Speakeasy Cannabis Club Ltd.
www.speakeasygrowers.com
Telephone: 604-283-1722

Not for distribution to United States wire services or dissemination in the United States. This news release
does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United
States. The securities have not been and will not be registered under the United States Securities Act of
1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold
within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable
state securities laws or an exemption from such registration is available.

Certain statements included in this press release constitute forward-looking information or statements
(collectively, "forward-looking statements"), including those identified by the expressions "anticipate",
"believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions to the extent they
relate to the Company or its management. The forward-looking statements are not historical facts but reflect
current expectations regarding future results or events. This press release contains forward looking
statements. These forward-looking statements are based on current expectations and various estimates,
factors and assumptions and involve known and unknown risks, uncertainties and other factors.
 Statements about the Target's future facility expansion plans or ACMPR lice nse application are all forward-
looking information.

Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and
assumptions which are difficult to predict. Factors that could cause the actual results to differ materially
from those in forward-looking statements include failure to obtain regulatory approval, the continued
availability of capital and financing, and general economic, market or business conditions. Forward-looking
statements contained in this press release are expressly qualified by this cautionary statement. These
statements should not be read as guarantees of future performance or results. Such statements involve
known and unknown risks, uncertainties and other factors that may cause actual results, performance or
achievements to be materially different from those implied by such statements. Although such statements
are based on management's reasonable assumptions, there can be no assurance that the statements will
prove to be accurate or that management's expectations or estimates of future developments,
circumstances or results will materialize. The Company assumes no responsibility to update or revise
forward-looking information to reflect new events or circumstances unless required by law. Readers should
not place undue reliance on the Company's forward-looking statements.
Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that term
is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.