VALENS GROWORKSCOMPANY PROFILE

CSE ticker: VGW

A multi-licensed, vertically integrated provider of cannabis products and services with a focus on proprietary extraction processes.

We bring pure, high quality cannabis products, manufacturing services and expertise to medical, recreational, and international

markets, while advancing the industry through research and analysis.

V A L E N S

2

THE VALENS ADVANTAGESEED TO SALE TRANSPARENCY AND CONTROLDifferent strains, compounds and growing techniques provide different desired effects in finished products. By controlling our supply from the source right through to processing, we’re able to ensure our products qualities are maximized and always purpose-driven.

PROPRIETARY PROCESSINGOur processing methods have been customized to ensure that the end product does not lose the valuable complexity of compounds resposible for the spectrum of desired effects that are often lost in the refining process.

PRODUCT FLEXIBILITYWe have the ability to produce a wide variety of products, allowing Valens to capitalize on multiple markets from medical to recreational to preferential method of consumption.

BIG PICTURE BRANDINGThe Valens brand is recognized for delivering the most science driven,

responsibly tested, sustainably derived products and services in

the market.

INDUSTRY-BACKEDThe experience and reputation of the team at Valens speaks for itself. We are a preferred partner of Canopy and other large and reputable industry players.

DEVELOPMENTThrough one of our Dealer’s

Licenses we hold the ability to perform research and clinical trials

to better understand Cannabis and it’s benefits, and to lead the

way in purposeful product offerings around the world.

THE WORLD IS OUR MARKETHealth Canada Dealer’s License (multiple), ACMPR

Cultivation and Processing License, EU GMP certifcation pending, Hemp License pending, Nutraceutical License

pending –setting Valens up for every servicing and consumer product opportunity, globally.

3

Processes & Purity

Proprietary distilling process ensures versatile,

full-spectrum oils & extracts

Exceptionally pure product production

Free from additives & adjuncts

Standards & Trust

ISO 17025 Accredited – first ever in Canada for testing of cannabis

Exceeds highest standards for Quality Assurance (EU GMP pending)

Ensures products are safe and consistent

for customers

Consumers know our brands and our partners can be trusted

Industry Know-How

Proven leadership professionals

CEO with 17 years grassroots experience

Accredited and respected scientific professionals

Support and validation from $80B company, Thermo Fisher Scientific

ELEVATING THE SECTOR

4

VALENSFARMS

SUPRA THCSERVICES INC.

VALENS AGRITECH LTD.

State of the art, purpose-built, 400,000 square foot greenhouse cultivation facility (in development).

World-class, Health Canada licensed, high capacity cannabis extraction and R&D facility

Full service, ISO 17025 accredited, testing laboratory named the “Center of Excellence for Plant-Based Science” by Thermo Fischer Scientific

OUR SUBSIDIARIES

5

Health Canada LP cannabis extraction center

Extraction center with cultivation and research capabilities

Proprietary, customized cannabis extraction processes

Ability to import and export wholesale cannabis products world-wide

Third party cannabis product development

Unique cannabis strain genetics

25,000 sq ft plant to facilitate additional extraction production

EU GMP Certification pending for global export anywhere

OUR SUBSIDIARIES:VALENS AGRITECH LTD.

6

97

EXTRACTION POTENTIALEXTRACTION IS THE FOUNDATION OF OPPORTUNITY

FLOWER High THC/CBD bud

V-Pucks, dose control

Pre-rolled joints

Accessories

(eg. rolling papers)

OIL/TINCTURES High THC/CBD tinctures

Vaporizer Cartridges and Pens

Capsules

Concentrates

EDIBLES Snack edibles – Trail mix, protein bars, jerky, sweets, etc.

Infused prepared meals

Food additives – Cooking oils, honey, peanut butter

“Just add cannabis” – beverage

containers with cannabis oil preloaded

in the top, just like the vitamin waters

with the powder dispenser on top

Drinks – alcoholic or non-alcoholic

Oral sprays

TOPICALS Balms/creams/salves

Bath soaks/salts

Skin care products

Body sprays

Lubricants

Essential oils

Sublingual patches

Transdermal patches

Cannabis Oil: Used in an array of products using desired compounds found in cannabis such as CBD, THC, terpenes and more.

LAB TESTING SERVICES

DIRECT SALES

EXPORT SALES

3RD PARTY RESEARCH & DEVELOPMENT

License allows development,

testing and refining of

derivative products that fall

outside of the ACMPR

PRODUCT DEVELOPMENT

R&D for some of the largest

cannabis and health

companies

Ability to start production

now of anticipated future

approved products

VALENS REVENUE STREAMS

11

EXTRACTION

REFINED OILProcessing from flower to

oil ready for market

Revenue share

or fee for service

RESINProcessing from

flower to crude oil

Fee for service

WHITE LABELPRODUCTS

Processing and packaging

of oil ready for market

Revenue Share

10

TARUKINO’S SōRSE TECHNOLOGYExclusive Canadian rights to SōRSE technology

SōRSE emulsion technology surrounds oils, transforming the entire solution into water-compatible forms.

All of this means you can add cannabis to products including beverages without that "weed" taste or smell.

BREAKTHROUGH ITEMS TO NOTE

Shelf stable for over 180 days (not proven anywhere else)

Zero cannabis taste, color or odour

Provides effective, consistent dosing

Lower dosage sufficient due to increase in bioavailability when consumed

Faster onset and wear-off, making it the safer and more trusted edible option

WHAT THIS MEANS FOR VALENS

Value-add in our oil services process to provide clients with water-soluble cannabis ready for mixing in liquids by the client

Powder product ready to go to market that consumers can mix with any liquid of their own Exclusive Canadian rights to all Tarukino beverages including the #1 selling cannabis beverage in Washington, three years in a row, Happy Apple Cider.

T

T

T

T

T

OUR SUBSIDIARIES:VALENS FARMS LTD.

A 50/50 joint venture state-of-the-art development with Kosha Projects:

400,000 sq ft, purpose-built, cannabis cultivation facility in the heart of B.C.‘s Okanagan Valley

Growing specific strains of cannabis through monocropping methodology specifically for high grade, full spectrum extraction

Faster growing times by efficient monocropping methodology means more crop turnover annually

Flower production to be extracted by Valens Agritech and primarily made into Valens branded product

11

OUR SUBSIDIARIES:VALENS LABS LTD.

Health Canada Dealers Licensed for testing and analysis

Leading edge research laboratory

Service provider specializing in the testing of metals, residual solvents, pesticides, mold, terpenes and cannabinoid profile

ISO 17025 accreditation, first lab to be accredited in Canada for a cannabis matrix

Named a “Center of Excellence in Plant-based Medicine” by $80B medical instruments company Thermo Fischer Scientific

Setting the domestic standard in Health Canada-required third party product verification as well as globally.

12

OUR INTERNATIONAL REACH:EXPORT OPPORTUNITIES WITH DEALERS LICENSE

CANADA -Rx 2001RECREATIONAL - 2018

COLUMBIA -Rx 2017

GERMANY-Rx 2017 MALTA -Rx 2018

AUSTRALIA -Rx 2017NEW ZEALAND -Rx 2017

JAMAICA -Rx 2017

IN NEGOTIATIONS WITH THE ABOVE MARKETS TO STRUCTURE PARTNERSHIPS AND DISTRIBUTION NETWORKS

GLOBAL LEGAL MARIJUANA MARKET EXPECTED TO REACH 146.4 BILLION USDBY 2025

-Report Buyer, April 2018

EUROPEAN MEDICAL AND RECRECATIONALMARKETS EXPECTED TO GROW TO €116.4 BILLION BY 2028

- The European Cannabis Report, Prohibition Partners

AS OF JUNE 7, 2018, CANADA IS THE FIRST MEMBER OF THE G7 TO LEGALIZE CANNABIS FOR RECRE-ATIONAL USE ACROSS THE COUNTRY

GLOBAL MARKET

13

OUR PARTNERS

14

Kosha Projects Inc.

MILESTONES ACHIEVED

Partnership with Canopy Growth Corp. to distribute,market, and sell Valens-branded products through their CraftGrow network

Increased extraction capacity by 600%

Kelowna facility expansion complete to

25,000 sq ft with new office, extraction and

processing space

Development has begun with Kosha Projects on Valens Farms to

build 400,000 sq ft greenhouse in B.C.’s Okanagan Valley

Exclusive Canadian rights to Turakino’s SoRSE technology and

Washington’s top selling cannabis beverages

Multiple Letters of Intent with international companies to supply

Valens with steady stream of quality flower not otherwise found in

Canada as well as export product for international markets (sales)

Receipt of LP license to cultivate and process cannabis

Successfully raised $27.3M in bought deal financing to support

expansion, additional extraction capacity and general operations

Engaged top advertising agency, Mass Minority, to launch

marketing campaign

15

FUTURE MILESTONES

2018

2019

4TH QUARTER

Launch SoRSE beverages

First harvest of Phase 1 at Valens Farms

2ND QUARTER

Launch of Valens-branded consumer products

Further extraction capacity expansion

3RD QUARTER

First planting of Phase 1 at Valens Farms

Geographic expansion of extraction facility

X

4TH QUARTER

16

Execute first processrun under LP

Receive LP license tosell

Expand processingcapacity at Kelownafacility

Finalize product R&Dfor 2019 launch

1ST QUARTER

2019

Receive EU GMPcertification

Complete R&D run onSoRSE beverages

Begin domestic services to LP’s

Begin medical sales tointernational markets

OUR TEAM

TYLER ROBSONCEO / DIRECTOR

With 15+ years grassroots experience, Mr. Robson was Chief Operating O�cer of the Company until taking the reins as Chief Executive O�cer in May 2017, as well as remaining Director of Operations at Valens AgriTech Inc.

CHRIS BUYSEN, MPAcc, CPA, CACFO

Mr. Buysen has over 15 years of diverse �nancial experience working as a senior �nancial executive with many public and private organizations in a wide range of industries including retail, pharmacy and consumer packaged goods.

SCOTT YOUNGINVESTOR RELATIONS & BUSINESS DEVELOPMENT

Mr. Young’s focus at Valens is corporate �nance initiatives. Mr. Young has spent the past 15 years working in the capital market sectors of Canada, the United States and Europe.

QUINN SHISKINHEAD OF EXTRACTION AND PRODUCTION

Mr. Shiskin’s career emanates around production as a multi-ticketed Red Seal tradesman; where he worked in a variety of industries including mining, oil sands, LNG, pulp and paper, and in the construction industry. With these skills, he entered the extraction industry where he revolutionized the process along the way.

JOHN W. CONROY, QCADVISOR

Mr. John Conroy has extensive background as legal counsel in constitutional, administrative and criminal law cases with respect to cannabis legislation, and acted as lead counsel in several ground-breaking legal proceedings.

CHANTEL POPOFFVICE PRESIDENT

In 2007, Ms. Popo� was appointed Director of Operations, then Director of Marketing for a fast-growing Western Canadian retail pharmacy chain. In 2013 she joined a natural health food company as Director of Marketing and was promoted to President in 2016.

17

PEER EVALUATION

JOHN W. CONROY, QCADVISOR

Mr. John Conroy has extensive background as legal counsel in constitutional, administrative and criminal law cases with respect to cannabis legislation, and acted as lead counsel in several ground-breaking legal proceedings.

18

MARKET CAP $146M $427M $302M $191M

CURRENT ANNUAL EXTRACTION 78,000 30,000 78,000 50,000CAPACITY (KG)

NEAR TERM EXTRACTION 156,000 200,000 390,000 150,000 INCREASE (KG)

LP LICENSE TO PROCESS OIL Y N N Y

EU GMP CERTIFIED PENDING N N N

FULL CANNABIS Y N Y N TESTING LAB

Valens GroWorks ("VGW") owns 100% of Valens

Agritech, Valens Labs and Valens Farms.

VGW currently has 2 Dealers Licenses and an LP

license with the ability to cultivate, research, test,

store, sell, export and import.

Extraction facility is built (GMP certification

pending). Extraction services of cannabis is

currently underway.

Valens Farms construction is underway, providing

400,000 sq ft of state-of-the-art, purpose built

cultivation capacity specifically for extracted

goods including Valens-branded products

VGW is currently in negotations with multiple

companies internationally to develop and produce

Cannabis related products, edibles, sprays,

nutrients, lights and vaporizers.

Valens Labs is the only cannabis laboratory in the

world to receive the Thermo Fisher "Center of

Excellence in Plant Based Medicines" and is the

first in Canada to be accredited with the highest

globally-recognized compliance standards for

cannabis

Unlike cultivators, VGW has a variety of revenue

streams available that include low risk, quick

turnover and high margins.

17

OUR SUMMARY

20

SCOTT YOUNGBUSINESS DEVELOPMENT & INVESTOR RELATIONS

SCOTT@VALENSGROWORKS.COM(705) 888 - 2756WWW.VALENSGROWORKS.COM

130 ADELAIDE ST. W, OXFORD TOWER, SUITE 3002TORONTO, ON, M5H 3P5