Mr. Frederick Pels reports

GAIA GROW PROVIDES CORPORATE UPDATE AND HEMP INDUSTRY OVERVIEW

Gaia Grow Corp. has provided a corporate update.

The company has successfully grown 1,494 acres of hemp from seed in the 2019 season and is currently finishing harvest and logistical plans for the end of the year. The contracted harvest team is an experienced group that works across North America with a variety of equipment and crops, and, more specifically, has recent experience in working with various hemp crops across the continent. The harvest is dependent upon weather conditions and is anticipated to take seven to 14 days once started.

Several offtake partners have expressed interest in obtaining product for several purposes, including, but not limited to, cannabinoid extraction, fibre and nutritional uses. As of the first week of September, material from the crop has been sent to two labs in Edmonton and Winnipeg for independent tests. Once testing has been completed, the company will provide the results to potential offtakers/sale partners and management can begin to finalize sales agreements. Results from these tests are expected to be received by the company shortly.

In addition to selling the 2019 crop of biomass, management has identified and is in active discussions with several interesting potential acquisition and joint venture opportunities in Canada and internationally, which, if signed and agreed to by all parties, could potentially bring revenue and cash flow to the company's operations.

As a final update, Edge Innovations is getting closer to obtaining final development permits and subdivision for the construction of Gaia's own grow facility. The company will continue to provide updates as further milestones in this process are met.

"We have grown a successful hemp crop from seed on a massive scale and are now preparing for harvest," commented Frederick Pels, chief executive officer of Gaia. "I can't imagine a more exciting time for our company. The staff at Gaia, our exceptional contractors and, of course, mother nature are to thank as we move forward to realizing the first phase of our business model. I want to thank our current investors for believing in Gaia's vision, and we look forward to updating shareholders in the coming weeks ahead."

We seek Safe Harbor.