Mr. Ralph Olson reports

DOSEOLOGY ACCELERATES ROLLOUT OF MEDICINAL MUSHROOM PRODUCTS WITH NATIONAL DISTRIBUTION

Doseology Sciences Inc. has signed a distribution agreement with Peak Performance Products Inc. for the distribution of the company's medicinal mushroom products across Canada.

Corporate update

Doseology is also pleased to provide a corporate update and recap of its achievements following the appointment of Ralph Olson as chief executive officer.

Doseology to be showcased at CHFA (Canadian Health Food Association) West Vancouver Tradeshow

The Canadian Health Food Association is Canada's largest trade association dedicated to natural health and organic products. CHFA's mission is to get more healthy living products into the hands of more Canadians; its events reflect all of the great products that Canadians are looking for. From April 23 to April 24, 2022, Doseology is excited to have its line on display at booth 1547 in conjunction with its national sales partner, Connect Brand Management. The trade show will provide access to leading retailers and distribution partners from across Canada and internationally, who will have the opportunity to learn about the benefits of the company's medicinal mushroom line.

Doseology launches on Well.ca

Well.ca is a Canadian e-commerce retailer based in Guelph, Ont., that specializes in health, beauty, baby, home, and green and natural products. The company was named best mid-size e-commerce retailer in 2013 by the Retail Council of Canada. The Doseology Canadian product line now available on Well.ca includes five medicinal mushroom products for cognitive health benefits. Each product is formulated and positioned to compete in both the medicinal mushroom and nootropics markets; each addresses different market needs, including mood, energy, recovery, sleep and focus.

Recap news

Doseology announces management change

Mr. Olson was appointed interim chief executive officer of the company. Mr. Olson is a capital markets veteran with 35 years of experience and has helped raise significant capital for both public and private companies in Canada, the United States and Europe. Mr. Olson's extensive financial expertise and experience in mergers and acquisitions will help drive the business forward while navigating this exciting and emerging global sector. With aims to build a strong balance sheet and share price under his leadership, the company will continue to grow and position its brand as a respected player in the functional fungi and plant-derived drugs sectors.

Doseology initiates Canadian retail sales strategy coast to coast signing with Connect Brand Management

Doseology is excited to announce it has signed a brand and product representation agreement with Connect Brand Management, a national consumer-packaged goods (CPG) firm specializing in sales and marketing for leading natural food and nutraceutical brands, to accelerate the company's revenue and product rollout in Canada.

Doseology announces Frankfurt Stock Exchange quotation

The company announced its common shares commenced listing on the Frankfurt Stock Exchange on March 17, 2022, under the trading symbol VU7. The listing of Doseology shares on the Frankfurt Stock Exchange represents the first step in the company's capital markets strategy to improve access and awareness of the company's shares to global investors.

About Doseology Sciences Inc.

Doseology Sciences is building a progressive brand focused on mental health and wellness through cultivation, extraction, and innovative nutraceutical and pharmaceutical products. Doseology aims to make a meaningful impact on the mental health pandemic by utilizing and developing psychedelic and non-psychedelic compounds within the functional fungi and plant-derived drugs markets. With a vertically integrated approach, Doseology intends to process and distribute products at its facilities in Vernon, B.C., in accordance with applicable laws to ensure safe and high-quality production. Doseology's medicinal mushroom products, including tinctures, powders and supplements, are available on its website.

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