ICC International Cannabis Corp. (KNHBF) Provides Danish Cultivation, Construction, GMP Certification and Genetics Updates

ICC International Cannabis Corp. (CSE:WRLD)(8K51.F)(KNHBF) (“ICC”or “International Cannabis” or the “Company”) is pleased to provide the following material progress updates pertaining to its Danish medical Cannabis operations:

• Expansion of its Danish land parcel to 100 acres;
• Engagement of leading greenhouse engineering and manufacturing firm, Azrom (https://azrom.com/);
• Finalization of project plan and submission of building permits;
• Land development and infrastructure operations;
• Construction and validation of its planned GMP manufacturing facility;
• Continued augmentation of its seed/strain catalogue; and
• Establishment of genetics room and completion of successful test sprouts.

International Cannabis controls a medical Cannabis cultivation and manufacturing licence in the Kingdom of Denmark (see ICC news release dated September 27, 2018). The Company’s Danish assets mirror industry peers such as Canopy Growth Corp., Green Organic Dutchman Holdings, Aurora Cannabis Inc. and CannTrust Holdings.

International Cannabis has engaged an Israeli cannabis organic cultivation and management company, Sababa Sciences Inc. (“Sababa”) to assist with the build out of its Danish medical Cannabis cultivation facility. Sababa will provide end-to-end management, including the implementation of advanced Israeli agricultural technologies for high-quality medical cannabis treatments.

FACILITY DESIGN AND CONSTRUCTION

International Cannabis has increased its Danish land holdings and now controls a 100-acre property located in the municipality of Moeldrup. Initial development work, as well as the adaptation of infrastructure for the property is scheduled to commence in January of 2019. The land parcel has favourable lease terms and is equipped with necessary utilities including water, gas, telecommunications and electricity.

Stage A of International Cannabis’ Danish medical Cannabis facility will include a 49,600 square foot cultivation unit, an administrative area, as well as a production and processing structure. All structures scheduled for construction been designed to comply with European GMP standards.

International Cannabis has engaged leading greenhouse engineering and manufacturing firm, Azrom (https://azrom.com/) to assist facility engineering planning initiatives. Azrom is a leader in the global agricultural market, and specializes in the design, engineering and manufacturing of customized greenhouses solutions. Under Sababa’s guidance, Azrom will provide end-to-end planning and consulting services throughout the build out of International Cannabis’ Danish medical Cannabis cultivation facility.

International Cannabis forecasts its initial greenhouse engineering planning initiatives will be completed by December 31, 2018. The Company also expects to receive the final pricing proposals for greenhouse construction and growing systems by the end of 2018. Once finalized, delivery of the greenhouse structure and the required growing systems is estimated for the end of the first quarter of 2019.

Upon delivery, the Company has budgeted 90 days for implementation and installation of the greenhouse structure and growing systems.

LAND DEVELOPMENT AND PERMITTING

International Cannabis’ Danish operations are strategically located along a national highway in western Denmark, permitting direct access to the Danish capital of Copenhagen. Western Denmark is a region known for its highly educated and skilled labour force, and robust agriculture community.

International Cannabis is in the process of applying for building permits, which will extend to three cultivation units, an administrative area, production and processing structures, as well as a GMP manufacturing area. The Company’s architects and engineers are presently finalizing the project plan for its Danish cultivation facilities, and will manage the receipt of building permit from the local authorities. The Company expects to successfully receive its final building permits by February 1, 2019.

Concurrent with the building permitting process, International Cannabis will initiate land development and infrastructure work on its 100-acre land parcel. The Company’s land development and infrastructure campaign includes:

• Completion of a mandatory Museum/Archeological Survey;
• Removal of trees, shrubs and bushes;
• Leveling of the construction area; and
• Installation of temporary modular housing. The temporary modular housing will act as a command centre and office for construction and engineering staff, throughout the land development and infrastructure operations.

International Cannabis forecasts the completion of its land development and infrastructure initiatives by February 1, 2019.

Eugene Beukman, chief executive officer and a director of International Cannabis, stated: “International Cannabis continues to make material progress towards a world-class cultivation facility in Denmark. Through its partnerships with Sababa and Azrom, the Company is working with world-renowned experts in greenhouse engineering, manufacturing and construction. We holds claim to a premier European cannabis asset, domiciled in a jurisdiction with a highly skilled agriculture and manufacturing work force. The Company has laid the ground work for a very successful 2019 and looks forward to operating its state of the art Danish cannabis operations”.