Foundation Markets Inc.

In November 2010, voters passed the Arizona Medical Marijuana Act (“AMMA”), also known as Proposition 203, designating Arizona Department of Health Services (“ADHS”) to administer the medical marijuana program in the State. According to ADHS annual report, in 2015 there were a total of 77,639 Qualifying Patients in the state, which is approximately 1.2% of the total state population. There are a total of 14 qualifying conditions, which includes: cancer, Hepatitis C, cachexia, seizures, glaucoma, sclerosis, Alzheimer’s, severe and chronic pain, muscle spasms, HIV, AIDS, Crohn’s disease, nausea, and post-traumatic stress disorder. Closing of Financing The Company is also pleased to announce that AHC has closed a private placement (the “Offering”), consisting of 6,550,000 units (“Units”) at a price of $0.10 per Unit to raise aggregate gross proceeds of $655,000. The net proceeds of the Offering will be used to for expansion of AHC’s footprint in other US states and general working capital purposes. All securities issued in connection with the Offering are subject to hold periods in accordance with applicable securities laws. Foundation Markets Inc. acted as the lead finder for the Offering. A cash fee was paid to finders representing 8% of the gross proceeds raised in the Offering.

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