Hydropothecary Announces Stock Option Grants to Directors and Employees
GATINEAU, QC --(Marketwired - December 04, 2017) - The Hydropothecary Corporation
("THCX" or the "Company") (TSX VENTURE: THCX) announces that it has made a grant of stock options
under its stock option plan to certain of its directors and officers to acquire a total of 1,750,000 common shares of the
Company. In addition, the Company has granted options to acquire an aggregate of 20,000 common shares of the Company to certain
non-executive employees. All of the options are exercisable at a price of $2.69 per share. Half of the options will vest
immediately, and the balance will vest annually over three years thereafter. The options have a term of 10 years and are subject
in all respects to the terms of THCX's stock option plan and the requirements of the TSX Venture Exchange.
Subject to the approval of the TSX Venture Exchange.
About Hydropothecary Corporation (THCX)
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.