Press Release: Whistler Medical Marijuana : Whistler Medical Marijuana Provides Corporate Update

WHISTLER, BC--(Marketwired - November 09, 2017) - Whistler Medical Marijuana Corp. ("WMMC" or the "Company"), Canada's first and only 100% certified organic producer of medical cannabis licensed under Health Canada's Access to Marijuana for Medical Purposes Regulations (ACMPR), is pleased to provide a summary of updates regarding the Company's recent developments.In October, WMMC closed on an oversubscribed private placement round of $5 million, bringing total capital raised this year to $15 million, including $5 million in secured mortgage financing. This most recent round included broad-ranging support from existing shareholders as well as notable Whistler-based executives and entrepreneurs. The capital will be used to support ongoing construction of the Company's new 65,000 sq ft Pemberton facility (previously announced), which includes a full laboratory dedicated to research and development, extracts and genetics. The project remains within budget and on-schedule for completion in early 2018. In addition, land has already been purchased and expansion plans drawn for a second phase of development that would increase WMMC's footprint by a further 80,000 sq ft.