ABcann Global Announces Listing on the OTCQB Marketplace and the Frankfurt Stock Exchange

ABcann Global Announces Listing on the OTCQB Marketplace and the Frankfurt
Stock Exchange

OTTAWA, July 12, 2017 (GLOBE NEWSWIRE) -- ABcann Global Corporation
(TSX-V:ABCN) ("ABcann" or the "Company") is pleased to announce that its
common shares have been approved for trading on the OTCQB Marketplace (the
“OTCQB”) under the symbol “ABCCF” and on the Frankfurt Stock Exchange (the
“FSE”) under the symbol “23Q”. The Company’s common shares will continue to
trade on the TSX Venture Exchange under the symbol “ABCN”.

The Company expects to benefit from being listed on the OTCQB and the FSE by
gaining greater visibility and convenience of trading the Company’s common
shares to US and European investors, allowing a much larger potential
shareholder base and enhanced liquidity.

About ABcann Global Corporation (TSX-V:ABCN):

ABcann was one of the first companies to obtain a production license under the
Marijuana for Medical Purposes Regulations, which it received on March 21,
2014. It obtained a sales license on December 31, 2015. ABcann’s flagship
facility, in Napanee, Ontario, contains proprietary plant-growing technology,
including environmentally-controlled chambers capable of monitoring and
regulating all variables in the growing process. This approach and the systems
in place allow ABcann to produce organically grown and pesticide-free,
high-yielding plants, which, in turn, can generate high-quality products that
are consistent from batch to batch. ABcann is able to control environmental
and nutrient demands, tailor-made for a particular strain of cannabis, without
the variation that is typical when producing large quantities in
less-controlled, larger rooms and greenhouse-type structures. ABcann’s modular
approach to systems technology eliminates scale-up risk and allows ABcann to
locate anywhere in the world and maintain consistency and quality of product.

ABcann is expanding capacity in its current facility to approximately 30,000
sq ft and concurrently undertaking expansion into a new 150,000 sq ft facility
in Napanee. ABcann is pursuing opportunities in Germany, Australia and other
jurisdictions as well as exploring the development of multiple delivery
vehicles.

ON BEHALF OF THE BOARD OF DIRECTORS

"Aaron Keay"

Aaron Keay
CEO and Director

For further information, please contact Aaron Keay by phone at (604) 323-6911
or by email at aaron@ABcannglobal.com, or Leo Karabelas by phone at 416
543-3120 or by email at leo.k@ABcannglobal.com

Neither 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.

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which are
statements that are not purely historical, including any statements regarding
beliefs, plans, expectations or intentions regarding the future. Forward
looking statements in this news release include statements relating to the
scope of the Company’s proposed expansions at its Napanee facilities. Such
statements are subject to risks and uncertainties that may cause actual
results, performance or developments to differ materially from those contained
in the statements, including: (i) changes to applicable legislation or
regulatory requirements; (ii) changes to the anticipated costs of the
expansions that require the Company to obtain additional capital or modify its
development plans; and (iii) other factors beyond the Company's control. No
assurance can be given that any of the events anticipated by the
forward-looking statements will occur or, if they do occur, what benefits the
Company will obtain from them. Readers are urged to consider these factors,
and the more extensive risk factors included in the Company’s filing statement
dated March 31, 2017 which is available on SEDAR, carefully in evaluating the
forward-looking statements contained in this news release and are cautioned
not to place undue reliance on such forward-looking statements, which are
qualified in their entirety by these cautionary statements. The
forward-looking statements in this news release are made as of the date hereof
and the Company disclaims any intent or obligation to update publicly any such
forward-looking statements, whether as a result of new information, future
events or results or otherwise, except as required by applicable securities
laws.

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