| VANCOUVER, British Columbia, Nov. 7, 2019 /PRNewswire/ -- MYM Nutraceuticals Inc. (CSE: MYM) (CSE: MYM.CN) (OTCBB: MYMMF) ("MYM" or the "Company") has signed a non-binding letter of intent with Crop Infrastructure Corp. ("Crop") to acquire all of the issued and outstanding shares in the capital of Crop, a company which owns cannabis and hemp assets in Washington, Nevada, California, and Oklahoma. MYM has the intention of developing and implementing an extensive restructuring plan for Crop. MYM is the first and only Canadian company that offers integrated strategic, financial, management, operational and marketing services to cannabis entities that have valuable assets but require management support and capital to navigate today's challenging landscape. The acquisition of Crop is the first of what is expected to be a series of opportunistic acquisitions and/or investments. "The capital markets in the cannabis industry have become complex and demanding," said Howard Steinberg, CEO of MYM. "We are looking to acquire companies with valuable core assets that are poised to benefit from the restructuring expertise our team can bring, in terms of both capital and management support. We look forward to working closely with the Crop team as we develop a financial and operational plan to enable its assets to flourish in the future." Michael Ruscetta, CEO of Trichome Financial, commented "MYM's strategy aligns very well with the core capabilities of its management team as well as our view of current market dynamics and opportunities in the cannabis sector." "We enthusiastically support the MYM transaction to acquire Crop," said Jesse Kaplan, Principal of Plaza Capital. "We have confidence in their deeply talented team and ability to restructure Crop's distressed assets to make them profitable. We look forward to working with them on this and potentially future restructuring projects." "MYM's team has proven to be extremely knowledgeable and reliable in helping Crop realign our strategy," said Michael Yorke, CEO of Crop. "They are extremely talented and well capitalized. We believe that this transaction is in the best interest of our shareholders." Under the terms of the proposed transaction, MYM would acquire all of the outstanding common shares of Crop on an exchange ratio of 10.5 Crop shares for 1 MYM common share. The transaction is conditional on, among other things, definitive documentation and court and Crop shareholder approval. About CROP Infrastructure Corp. CROP is publicly listed on the CSE and trades under the symbol "CROP", in the US on the OTC under the symbol "CRXPF", and on the Frankfurt exchange under the symbol "2FR". CROP has developed a portfolio of asset investments including two in Washington State, medical and recreational in California, a 1,012-acre Nevada Cannabis farm and a 500-acre Hemp CBD farm. About MYM Nutraceuticals Inc. MYM is uniquely postioned to opportunistically acquire and/or invest in companies within the cannabis and hemp industries that are in need of capital and management support. Our senior management team is made up of experts engaged in a wide array of disciplines – upper level management of public companies, finance, law, master growing, plant pathology, agricultural economics, pharmaceutical, engineering, global marketing, product development and branding, distribution and seed genetics. MYM is a shareholder in two production projects in Quebec and is actively looking to acquire complementary businesses and assets in the cannabis sector. MYM shares trade in Canada, Germany and the United States under the following symbols: (CSE: MYM) (OTC: MYMMF) (FRA:0MY) (DEU:0MY) (MUN:0MY) (STU:0MY). ON BEHALF OF THE BOARD |