Integrated Cannabis Company, Inc. (CSE: ICAN, OTCQB: ICNAF) (“Integrated Cannabis” or the “Company”), is pleased to provide a corporate update.

The Company announces that Eugene Beukman has been appointed to its Board of Directors, effective immediately. Mr. Beukman will continue to serve as the Chief Financial Officer for the Company. He also previously held the position of Corporate Secretary.

“Based on my experience in the sector, I look forward to helping Integrated Cannabis move their business forward and evaluate opportunities”, said Mr. Eugene Beukman, CFO and Director of the Company.

In addition, the Company announces that it has terminated the previously announced letter of intent (see our press release dated October 19, 2018) to acquire all of the issued and outstanding securities of Critical Mass Industries, LLC.

About Integrated Cannabis Company

Integrated Cannabis Company, Inc. is comprised of dedicated scientists and product engineers who are passionate about health and creating health and lifestyle products utilizing advanced delivery systems and formulations. For more information, please visit the company’s website at: www.x-sprays.com.

ON BEHALF OF THE BOARD

“John Knapp”

Chief Executive Officer

For further information, please contact the Company at: 
Email: integratedcannabis@gmail.com

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.