Investor Update Presentation
Investor Update Presentation
Perth, May 31, 2017 AEST (ABN Newswire) - MMJ PhytoTech Limited (ASX:MMJ) ("MMJ" or "the Company") is pleased to provide the following investor update presentation, the purpose of which is to provide shareholders with an update on the Company's activities and strategic outlook following the completion of the Harvest One Transaction last month.

The Company is well funded and is not looking to undertake a capital raising in the short term.

Executive Summary

Corporate Restructuring Complete

- MMJ PhytoTech Ltd. ('MMJ') completed corporate restructuring creating TSX-V listed Harvest One Cannabis ('Harvest' or 'HVST') (CVE:HVST)

o MMJ vended Canadian subsidiary United Greeneries ('UG') together with Swiss subsidiary Satipharm ('SAT') for ~60% equity stake in HVST
o HVST completed an oversubscribed C$25M concurrent equity deal and commenced trading on April 28, 2017

- Restructuring greatly enhanced access to capital and provided MMJ shareholders strategic exposure to the rapidly growing Canadian cannabis markets and robust demand for cannabis-focused equities

- From announcement of restructuring MMJ's share price is up ~46%; YTD MMJ's share price is up ~63%

Assets Streamlined

- MMJ now has significant ownership in two well-financed, growth-oriented, streamlined cannabis-focused companies:

o ~60% of HVST: TSX-V listed cannabis and cannabis-based products company focused on supplying Canadian and international medical and recreational cannabis markets through two distinct operating brands:

-- United Greeneries: Canadian Licensed Producer with focus on large scale horticultural operations for the upcoming recreational market

-- Satipharm: International medical cannabis brand with focus on oral delivery technologies for strategic entry in emerging medical cannabis markets and the existing medical cannabis market in Canada

o 100% of Phytotech Therapeutics ('PTL'): private Israeli pure play biopharmaceutical company focused on developing and commercialising cannabis-based therapeutics. Strategic long-term arrangements with UG and SAT provide secure medical cannabis supply chain, a unique and crucial competitive advantage.

Positioned for Growth

- Phase 1 Expansion Plan currently underway at UG targeting the expansion of production capacity from to 7,500 kg/y from 1,000 kg/y

- European sales of Gelpell CBD capsules expected to expand significantly with SAT's targeted entry into select EU markets

- Two Phase 2 clinical trials currently underway at PTL: PTL101 to treat refractory epilepsy in pediatric patients; PTL201 to treat spasticity related symptoms of multiple sclerosis ("MS") patients

MMJ Post Restructuring

- Post-restructuring, MMJ shareholders have exposure to the same assets but in an optimized ownership structure

- By creating HVST, MMJ eliminated the valuation discrepancy between UG and SAT and their peers in Canada by selling the assets to HVST at a value more inline with market prices in Canada

- Isolating PhytoTech at MMJ should have a positive impact on valuation as MMJ becomes a pure play biotech company with 53.3M HVST shares.

- Also, PhytoTech was often overshadowed by UG and SAT under original structure

- Additionally, the resulting entities are more streamlined and focused which will allow for better strategy execution going forward

- Another benefit of the restructuring is the separation of financing functions. MMJ does not have to dilute when HVST raises the considerable amount of capital it will need to raise

- There is significant overlap of Directors and management the main difference being increasing numbers of professionals being employed directly by HVST

To view the full presentation, please visit:

About MMJ PhytoTech Ltd

Phytotech Medical ASX:PYL

In October 2017, MMJ PhytoTech Limited (ASX:MMJ) announced its strategy to become an incubator for strategic investments across regulated jurisdictions globally covering the entire cannabis value chain.

Following the successful listing of United Greeneries Holdings Ltd ("United Greeneries") and Satipharm AG ("Satipharm") on the TSX-V through Harvest One Cannabis Inc. (CVE:HVT), MMJ has focused on the identification of a number of independent strategic investment opportunities that have the potential to deliver significant value to the Company's shareholders.

MMJ is actively pursuing early stage opportunities with the ability to deliver significant future revenue and the opportunity to provide dramatic global synergistic value as regulatory frameworks in key international markets continue to evolve. MMJ is targeting the full range of emerging cannabis-related sectors including healthcare products, technology, infrastructure, logistics, processing, cultivation, equipment, R&D, hemp food products and retail.

MMJ currently holds an equity stake of 53,333,333 shares in Harvest One, 100% ownership of Israeli-based R&D division PhytoTech Therapeutics Limited ("PTL") and strategic holdings in e-Sense Lab Limited (ASX:ESE) and private Canadian-based company WeedMe Inc.



Andreas Gedeon
Managing Director
Phone: +1-250-713-6302

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