$GRCU Corporate Update

Update regarding previously announced merger

The Board of Directors of the Company has determined that it is in the best interests of the Company and its shareholders to postpone the previously announced merger with the Company’s major controlling shareholder, Green Cures Inc., until further notice. At the present time, Green Cures & Botanical Distribution Inc., has an outstanding tax liability of approximately $30,000 for operations and business conducted throughout the year 2014 and the first quarter of 2015. Additionally, Green Cures & Botanical Distribution Inc., owes approximately $23,000 for legal services provided to the company through May 2015. The Company, and Green Cures Inc., have agreed that certain financing that was previously intended to be used for the financial auditing and legal services for Green Cures Inc., will be assigned to Green Cures & Botanical Distribution Inc., to pay the balances that are owed to the corresponding Government agencies and service providers.

Status of CBD derived products on Amazon.com

Amazon has made the decision to no longer allow merchants to sell their cannabinoids containing products via their ecommerce platform; therefore, CBD Tinctures by Green Cures are no longer available for sale through Amazon.com. CBD derived products labeled Green Cures can still be purchased online through www.allcbd.com and www.healthyhemp.com.

Clarification regarding the previous announcement about the discontinuation of Rico Suave

On April 15 2015, the company announced that it had decided to spin off its Rico Suave energy drink from the brands and products being marketed, distributed and sold by the Company.

By way of clarification and explanation, and in response to questions received by the Company, the Board of Directors of the Company determined that the significant marketing costs, personnel time and effort, and the increasing expenses needed for the expansion of the Rico Suave energy drink/supplement were not in conjunction with the core operations of the Company. After careful consideration, the Board of Directors of the Company concluded that successfully operating in the functional beverage industry likely would require the issuance of a significant amount of shares to financing sources and other lending institutions, and the Company would be subjected to financing terms which would have been detrimental to the value of the Company and its shareholders. As such, and as previously announced, the Company’s Board of Directors has determined that at this time, the Company will no longer incur further time or expenses in connection with the development, manufacturing, marketing, branding, or sales of the Rico Suave line of energy drinks or supplements.

As previously disclosed in the Company’s filed reports, the Company held the exclusive rights to the marketing, distribution, and sale of products labeled Rico Suave pursuant to a license agreement. The intellectual property of Rico Suave, including but not limited to brand, logo, concepts, and rights to use that intellectual property, are owned by the founder of Green Magic and Green Cures, and were licensed to the Company for its use and development. Following the determination of the Company’s Board of Directors to discontinue the Rico Suave line at this time, the Company and the owner of the intellectual property likely will suspend or terminate the license agreement, and the registered mark will be transferred to the brand owner. All expenses and fees associated to the product labeled Rico Suave, including but not limited to marketing and manufacturing, will not be added to the Company’s liabilities, but will be borne by the brand owner.

Previously announced dividends

The Company is also providing an update on the previously announced distribution of the shares of common stock of another publicly traded company, Formosa Liberty Corporation, formerly, Privileged World Travel Club, Inc., to Stockholders of the Company. Management is still working to determine the best time and methods to make such a distribution, while balancing factors involved, including the costs and time required for undertaking such a distribution transaction, the performance of Formosa Liberty Corporation in the market and more. Management of the company will provide updated information relating to the distribution of these shares in the future.

The company will provide additional updates as they become available.

About Green Cures & Botanical Distribution Inc.: Green Cures & Botanical Distribution Inc. is a development stage company that retails and wholesales hemp-infused nutritional, botanical, sports, and body care products. The company is currently Web-based and focuses on online retailing. Green Cures & Botanical Distribution Inc. operates a diverse portfolio of products and services within the botanical and cannabis industry, as permitted by law. From concept to production and distribution, Green Cures & Botanical Distribution Inc. is continuously creating and introducing products that promote a healthy life style.

www.gcbdinc.com

FDA Statement: The statements contained in this document have not been evaluated or approved by the FDA. The products and statements referenced in this document are not intended to diagnose, treat, cure, or prevent any disease.

Forward-looking statement: This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements are identified by wording such as “scheduled (future sense),” “intend(s),” “plan(s),” “expect(s),” “believe(s),” “will,” “estimate(s),” “anticipate(s),” “expect(s),” “may,” “would,” “could” or “should” or, in each case, the negative thereof, other variations thereon, or comparable terminology that implies anticipated future deliverables. The Company disclaims any obligation or intention to update any forward-looking statement for any reason.

SOURCE: Green Cures & Botanical Distribution Inc.