Canntab Delivers 1st Shipment to the Ontario Cannabis Store and 2nd Shipment to Australia

Canntab Therapeutics Limited, the leading innovator in cannabinoid and terpene blends in hard pill form for therapeutic applications, is pleased to provide an update on its recent product deliveries for Ontario and Australia. On January 7, 2022 Canntab completed its first shipment of 5 mg THC tablets to the Ontario Cannabis Store (“OCS”). Additionally, in early December 2021, Canntab completed its second shipment of both THC and CBD tablets to Australia.

Larry Latowsky, Chief Executive Officer of Canntab commented “Our initial delivery to the OCS is a first for us and marks the beginning of a productive and growing relationship. Our product will be available to all Ontario Cannabis stores for purchase in addition to being available for sale via the OCS website. We will support the sales and distribution of the Canntab brand with strong marketing materials and point of sale programs, engaging expert teams to educate all Ontario budtenders about the unique nature of Canntab’s products and its patented delivery system. We are encouraged as well with our future listing of CBD products which will ship to the OCS in early spring 2022.”

Latowsky further stated that “Our second shipment to Australia is a signal of the acceptance and success of our product in the Australian market. We anticipate an ongoing flow of orders from this market as our partners now have the confidence to roll our products throughout the country. This really is the beginning of our full-scale commercialization with these shipments; our announcements of affiliate partnerships and the anticipated hard launch of our website later this month, that will permit all Canadians access to our products for ease of online purchase and direct to home delivery via www.canntab.ca.”

Since receiving a Medical Sales License from Health Canada on November 11, 2021, Canntab has been focused on the full commercialization of its brand and products. The OSC initial shipment and Australian 2nd shipment are just 2 examples of what is expected to be numerous developments in the very near future. In addition, affiliates across Canada like pharmacy groups, health and wellness practitioners, sleep and pain clinics and other medical professionals will now be able to recommend or prescribe our product and be fully compensated.

About Canntab Therapeutics Limited

Canntab Therapeutics is a Canadian biopharmaceutical company focused on the manufacturing and distribution of a suite of hard pill cannabinoid formulations in multiple doses and timed-release combinations. Long referred to as Cannabis 3.0 by the Company, Canntab’s proprietary hard pill cannabinoid formulations provide doctors, patients and consumers with medical grade solutions which incorporate all the features one would expect from any prescription or over the counter medication sold in pharmacies around the world. These will include the following formulations: once a day and extended release, both providing an accurate dose and improved shelf stability.