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Hydropothecary breaks ground on 250,000 sq. ft. expansion, expects to add 100 jobs to the Gatineau, Quebec economy

GATINEAU, QC--(Marketwired - October 12, 2017) - The Hydropothecary Corporation ("Hydropothecary" or the "Company") (TSX VENTURE: THCX) is pleased to announce the official groundbreaking on its 250,000 sq. ft. greenhouse expansion. When completed, the $25 million building will create an additional 100 full-time jobs with benefits at the Hydropothecary's Gatineau, Quebec facility, bringing the Company's total employment to over 200 people.

The expansion will bring total production capacity to 300,000 sq. ft., allowing Hydropothecary to produce 25,000 kgs of dried cannabis annually. This phase of the Company's expansion has been fully funded by past financings.

"With this expansion of our production capacity, we are boldly signaling our intent to not only expand our well-established presence in the medical marijuana market, but to become a major player in the legal adult-use recreational market," said Hydropothecary CEO and co-founder, Sebastien St-Louis.

Hydropothecary was recently awarded the Coup de Coeur at the Quebec Job Creation Awards Gala held in Quebec City on October 4th. The awards are given annually to honour major job creators in Quebec and its 17 administrative regions.

"As Quebec's only licensed producer of cannabis, we are proud of our contribution to Quebec's economy and we look forward to collaborating with government decision-makers on the development of a safe, regulated cannabis industry which responds to the health and security concerns of Quebecers," added Mr. St-Louis.

The ground-breaking ceremony was attended by several dignitaries, employees and members of the community.

For more information about Hydropothecary, see the attached Fact Sheet.

About The Hydropothecary Corporation
The Hydropothecary Corporation is an authorized licensed producer and distributor of medical cannabis licensed by Health Canada under the Access to Cannabis for Medical Purposes Regulations (Canada). Hydropothecary provides sun grown and rigorously tested medical cannabis of uncompromising quality. Hydropothecary's branding, cannabis product offering, patient service standards and product pricing are consistent with THCX's positioning as a premium brand for a legal source for medical cannabis within this new marketplace. In addition to medical cannabis production and sales, Hydropothecary explores various research and development opportunities for cannabinoid extracts, drugs and combinatory chemistry. In addition, the company is investigating the development and patenting of novel technologies related to medical cannabis, as well as the import and export of medical cannabis.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Hydropothecary Fact Sheet

· Established in August of 2013
· Licence to produce marijuana granted in November 2014
· Licence amended to include sale of medical cannabis in May 2015
· Existing production capacity: 50,000 sq. ft.
· Existing annual dried cannabis production capacity: 3,600 kg
· Total production capacity after expansion is complete: 300,000 sq. ft.
· Total annual dried cannabis production capacity after expansion is complete: 25,000 kg
· Total size of property: 65 acres
· Total number of current employees: 98
· Anticipated number of employees, after expansion: 200
· Number of medical marijuana products currently available: 18
· Number of kosher-certified medical marijuana products currently available: 7
· July 2017, release of Elixir No. 1, Canada's first legal medical marijuana sublingual (under tongue) mist in a naturally-derived oil.

Image Available: http://www.marketwire.com/library/MwGo/2017/10/11/11G146473/Images/THCX-groundbreaking-marijuana-medicale-quebec-e128b4df042eb800a5e3e2ffca15159c.jpg

Media Contact Information
Julie Beun
Publicity and Media Relations
613-371-9060
[email protected]

Investor Relations Contact Information

Jennifer Smith
Manager of Financial Reporting and Investor Relations
1-866-438-THCX (8429)
[email protected]
www.THCX.com

Adam Miron
Director
819-317-0407

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