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AusCann Announces Heads of Agreement Entered into with Australia's Leading Wholesale Distributor

• Heads of Agreement (HoA) signed with Australia’s leading wholesaler of pharmaceutical products, Australian Pharmaceutical Industries Limited (API)

• HoA to establish a wholesale relationship for the distribution of AusCann’s
medical cannabinoid products throughout Australia

• Relationship will provide AusCann with access to an extensive nationwide
pharmacy network

• Agreement rapidly accelerates AusCann’s strategy and supply chain, providing an extensive distribution network and access to established infrastructure

AusCann Group Holdings Ltd (ASX:AC8 or ‘AusCann’) is pleased to announce it has entered into a Heads of Agreement (HoA) with ASX listed Australian Pharmaceutical Industries Limited (ASX:API) to form a wholesale agreement for the distribution of AusCann’s cannabinoid medicines throughout Australia.

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