Mr. Rob Abenante reports

ABATTIS REMOVED FROM BCSC TEMPORARY ORDER

The temporary order from the British Columbia Securities Commission, issued on Nov. 26, 2018, has not been extended against Abattis Bioceuticals Corp.

"Abattis is very happy with the BCSC's decision to remove the company from the order such that Abattis can continue to focus its efforts on revenue generation and building shareholder value," stated Rob Abenante, president and chief executive officer of Abattis. "The order caused very negative sentiment towards Abattis, and with the order lifted we are hoping to see that sentiment and confidence towards the company be restored. Abattis will continue to co-operate with the BCSC and Canadian Securities Exchange as much as necessary to ensure the highest level of governance and transparency as it strives towards building a first-class portfolio of assets in the cannabis industry," added Mr. Abenante.

We seek Safe Harbor.