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Heritage Cannabis Holdings Corporate Update

Tickers: XCNQ:CANN, PINX:UMBBF
Tags: Medicinal Marijuana, Mining

Vancouver, B.C., January 22, 2018 / TheNewswire / HERITAGE CANNABIS HOLDINGS CORPORATION (CSE: CANN) ("Heritage" or Company") is pleased announce that it has granted a total of 1,000,000 incentive stock options to directors/officers/employees and/or consultants under the Company's Stock Option Plan. The options are exercisable at $0.59 per share and will expire January 18, 2023. Following this grant of options, the Company has 8,878,000 stock options outstanding.

About Heritage Cannabis Holdings Corporation

The Company is currently listed as a marijuana issuer having a 75% interest in PhyeinMed Inc, a Health Canada late stage applicant under the ACMPR (Access to Cannabis for Medical Purposes Regulations). It is a parent and development company with strategic plans to continue to acquire Cannabis related companies.

ON BEHALF OF THE BOARD OF DIRECTORS OF HERITAGE CANNABIS HOLDINGS CORPORATION

"Jag Bal"

Jagdip Bal

President and CEO


The Canadian Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other

factors that may cause actual events to differ materially from current expectation. Important factors - including the availability

of funds, the results of financing efforts, the results of exploration activities -- that could cause actual results to differ materially

from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as

of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to

update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Copyright (c) 2018 TheNewswire - All rights reserved.

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