TORONTO, ONTARIO--(Marketwired - Nov. 21, 2016) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH UNITED STATES NEWSWIRE SERVICES
PharmaCan Capital Corp. doing business as Cronos Group ("Cronos Group" or the "Company") (TSX VENTURE:MJN) announces it has
granted options to a consultant to the Company to subscribe to 182,000 common shares of the Company, the whole in accordance with
the Company's stock option plan. The options are exercisable at a price of $1.84 per common share, which was the closing
price of the Company's common shares on the TSX-V on November 18, 2016. The options shall expire at the earlier of 180 days of
the death, disability or incapacity of the holder or five years after the date of issue. The grant of options is subject to
the Company receiving all necessary and appropriate regulatory consents and approvals, if any, and to the Company's stock option
plan.
About Cronos Group:
Cronos Group, is a geographically diversified and vertically integrated cannabis company that operates two wholly-owned
Licensed Producers ("LPs") regulated within Health Canada's Access to Cannabis for Medical Purposes Regulations (the "ACMPR") and
holds a portfolio of minority investments in other Licensed Producers and ACMPR applicants. The company's flagship LPs, Peace
Naturals Project Inc. (Ontario), and In The Zone Produce Ltd. (British Columbia) are collectively situated on over 125 acres of
agricultural land and are currently licensed to produce 2,600 kg of cannabis on an annual basis. The Company also holds minority
equity positions in Licensed Producers Whistler Medical Marijuana, Hydropothecary, and Abcann Medicinals. With interest in five
Licensed Producers and two LP applicants, Cronos Group is focused on building an iconic brand portfolio, providing patients with
compassionate and personalized care, and creating value for our shareholders.
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.