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Greenstar Biosciences Provides Corporate Update

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2019) - GreenStar Biosciences Corp. (CSE: GSTR) (OTC Pink: GTSIF) ("GreenStar" or the "Company"), announces that it attended the recent MJBizCon cannabis investment conference to held in Las Vegas, Nevada. MJBizCon is the premier cannabis investment conference with over 35,000 attendees from 70+ countries, including over 1,250 investors and more than 1,300 exhibitors in attendance, making MJBizCon the largest gathering of cannabis business professional in the world.

In addition, the Company has entered into several service agreements for marketing, communication, shareholder engagement, media buying, shareholder visibility and social media communications. The marketing and communication programs were designed to provide improved visibility of the Company's current and planned operations. The Company has agreements in place with CFN Media and Link Media LLC. and previously with M6 Limited-Born2 Invest and Promethean Marketing, Inc. (ongoing). The Company has entered into a 6 month public markets investor visibility program agreement dated August 27, 2019 with CFN Media for a fee of US$15,000 for the first month and US$10,000 per month for the balance of the term. On November 22, 2019, the Company engaged Link Media LLC of New York, NY to provide advertising services for up to 4 months with a fee of US$150,000.

As at the date hereof, none of these service providers has any interest, directly or indirectly in the Company or its securities, or any right to acquire such an interest.

About GreenStar

GreenStar is a growth-oriented technology and services company that provides real estate, financial, management, IP and branding support to licensed cannabis businesses in the United States. The Company operates a growing portfolio of tenant partner companies in the United States. GreenStar applies refined strategies tested in the Washington State market to help partner companies reach their full potential. Based in Vancouver, BC, GreenStar intends to facilitate growth through acquisitions and development of additional assets, products and technologies in legal cannabis markets by leveraging its capital markets, branding and operational expertise.

For further information please contact:

GreenStar Biosciences Corp.
Rahim Rajwani, CEO
info@greenstarbiosciences.com
Tel: (604) 834-9499

Disclaimer for Forward Looking Statements

This news release contains forward-looking statements relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including statements regarding the future plans and objectives of the Company are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are risks detailed from time to time in the filings made by the Company with securities regulations. Readers are cautioned that assumptions used in the preparation of the forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including changes to the regulatory environment; and that the current Board and management may not be able to attain the Company's corporate goals and objectives. As a result, the Company cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made only as of the date of this news release and the Company does not intend to update any of the included forward-looking statements except as expressly required by applicable Canadian securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/50960