Mr. George Robinson reports

RAVENQUEST FIRMS UP PLAN TO STRENGTHEN BALANCE SHEET, SETTLE DEBENTURES, AND SOLVING OUTSTANDING DISPUTES

Ravenquest Biomed Inc. is providing the following update on its business plans.

Ravenquest is endeavouring to raise money while negotiations on the convertible debentures have stalled. Negotiations on the company's two leases for Markham and Edmonton have not yet been finalized. At this point, Ravenquest has limited access to both of its facilities. It will continue to negotiate on its leases in good faith with its landlords.

About Ravenquest Biomed Inc.

Ravenquest is a diversified publicly traded cannabis company with divisions focused on cannabis production, management services and consulting, and specialized research and development.

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