Dr. Mark Percival reports

NANOSPHERE PROVIDES UPDATE ON UNITED STATES OPERATIONS

Nanosphere Health Sciences Inc. has provided an update regarding its operations in the United States, along with its California partner, Vertical Companies Inc.

Vertical will be completing its first test batch of Evolve Formulas products in the upcoming week. This will be followed by the production of commercial batches of the proprietary, nanoparticle topical cannabis using Nanosphere's patented technology, for launch to the California market in January, 2020.

Per Nanosphere Health Sciences' chief executive officer, Dr. Mark Percival: "Entry into California, as the largest legal cannabis market in North America, in partnership with a company as professional and accomplished as Vertical, is a remarkable milestone for Nanosphere. We have established a strong relationship between our companies and share a vision of making a unique contribution in the California market, powered by our nanotechnology and by Vertical's operations, marketing and execution expertise. It marks the beginning for consumers in California who are looking to expand on the benefits they have experienced using cannabis products, to do so through their use of our one-of-a-kind nano-biotechnology products. Medical cannabis patients and seasoned recreational users alike will appreciate the difference that our patented Nanosphere delivery system makes to their cannabis-related experiences."

Vertical CEO Todd Kaplan expressed appreciation for the growing relationship with Nanosphere and is excited by the prospects of building a strong market for its innovative, science-backed products in North America's largest cannabis market.

About Nanosphere Health Sciences Inc.

Nanosphere Health Sciences is a nano-biotechnology firm specializing in proprietary delivery systems for therapeutic agents. Its patented technology transforms its strategic partners good products into great products, further differentiating them in their respective markets.

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