Relevium Technologies Inc. (RLLVF) Announces Strategic Investment in Leading Pediatric Cannabis Company

 Relevium Technologies Inc. (TSX.V:  “RLV”, OTCQB: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to announce that it has executed a binding letter of intent for a strategic investment into CannaKids.org for an initial 25% equity. Cannakids is a leader in the medical cannabis patient research and consumer product development for pediatric and adult applications.

Strategic Focus on Patient Data and Exclusive Formulations
Cannakids’ (“CK”) patient research and product development has been centered primarily around pediatric applications, but the company services and guides patients of all ages. Counting with a database of thousands of patients, CK leverages a network of trained nursing staff, pediatric and adult dosing experts, medical doctors and leading researchers in the US and Israel. Cannakids’ formulations provide medically fragile patients with tailored products and profiles that are extremely similar to that of the actual flowers of the plant while remaining free of residual solvents and unwanted contaminants. CK’s carefully formulated products are certified Gluten-Free, Non-GMO, not tested on animals and Kosher. All products are lab tested for pesticides, residual solvents, microbiological agents, terpenes profiles and overall potency to ensure optimal quality. The company distributes its products through a growing and extensive network of licensed retail locations across California, all while working on both national and international expansion plans.

Aurelio Useche, CEO of Relevium Technologies stated, “With over four years of research, patient data and passion behind the real-life success stories with pediatric and adult patients, our investment in Cannakids is highly strategic and accretive to our shareholders.” Mr. Useche further stated, “We are proud to be business partners with Tracy Ryan (CEO) and her team of talented and passionate professionals and we look forward to a solid and mutually rewarding relationship.”

Tracy Ryan, CEO of CK Properties and Cannakids stated, “The team and I are beyond excited to partner with a group that is so focused on health & wellness and has the same mission and vision as we do here at Cannakids. In this quickly emerging market, we believe that it’s a partnership like this that will help to elevate not only our conversation around medical cannabis but allow us to more effectively access and service medically fragile patients on a much grander scale.”

The Canadian Exclusive License 
As part of the strategic investment, the Company has obtained the exclusive Canadian license for Cannakids, which will allow Relevium to build upon CK’s existing infrastructure and standard operating procedures to launch the brand across Canada and to expand CK’s growing patient network to support ongoing research for cancer, autism and epilepsy, amongst other specialized applications.

Partnership in Research and Development
Both CK and Relevium count with a vast network of in-house and external advisors including nurses, medical doctors, renowned university researchers and scientists from the US, Canada and Israel, including the Technion Institute.  Relevium and CK will partner their combined medical cannabis and nutraceutical formulation expertise to co-develop new products and delivery mechanisms for the US and Canadian Markets.

Structure of the Strategic Investment
Relevium will acquire an initial twenty five percent (25%) of the outstanding shares in CK Properties and CannaKids.org and will concurrently obtain the Canadian exclusive rights for a total consideration of USD$2.7 million. The company will issue 11,136,000 shares at closing for a total consideration of USD$1.2M and will schedule a series of five (5) quarterly cash advances of USD$300,000.

The transaction is subject to customary hold periods and approval by the TSX Venture Exchange.

About Relevium Technologies

Relevium is a publicly-traded company that operates in the health and wellness industry, a multi-billion-dollar market worldwide.

Relevium markets its products as dietary supplements, nutraceuticals, sports nutrition and nutri-cosmeceuticals. The Company plans on unveiling a complete line of dietary supplements for consumers derived from Cannabis Sativa and Cannabis Indica. The Company’s initial focus will be on creating a full spectrum extract rich in CBD (cannabidiol) which will be marketed and sold throughout North America. Relevium is also focused on developing a complete line of supplements, nutraceuticals, sports nutrition and nutri-cosmeceuticals. Relevium’s products and brands such as Bioganix® have achieved market penetration and now sold at some of the world’s largest retailers such as Walmart.com.