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To: Goose94 who wrote (37575)11/26/2017 6:36:09 PM
From: Goose94Read Replies (2) | Respond to of 203330
 
New Age Farm (NF-Cse) Communications Program

Nov 26, '17 - NR

New Age Farm announces that in its effort to provide timely information to stakeholders regarding the future strategic plans and goals for New Age Farm, that it is expanding its communications team. The consultants have agreed to accept stock options that can be exercised as compensation for the services to be provided. This will assist the Company to preserve its cash reserves and to stay the course as it reviews and updates its strategic plan. When consultants have the opportunity to hold an equity stake in the Company it helps align their interests with those of other shareholders. As of the date of this news release, the Company has granted 3,900,000 stock options exercisable into Common shares of the Company at a price of $0.095 per Common share, expiring two years from date of grant, as part of its consultant compensation program. The issuance of the securities described in this news release is subject to acceptance by the Canadian Securities Exchange. All amounts quoted in this news release are in Canadian funds.

About New Age Farm

New Age Farm is an agricultural services company offering unique turnkey growing infrastructure and services for licensed growers and processors of luxury marijuana crops at three agri-campuses in Washington State.

In November 2012, the Washington State Liquor and Cannabis Board (“WSLCB”) passed Initiative 502 (“I-502”) pursuant to a vote by the people of the State of Washington. I-502 authorized the WSLCB to regulate and tax recreational marijuana products for persons over twenty-one years of age and thereby created a new industry for the growing, processing and selling of Washington State-regulated recreational marijuana products in compliance with state regulatory requirements,

New Age Farm’s facilities feature 24-hour security that enhances the safety and security of the community, our tenant-growers and their operations. All New Age Farm’s tenant-growers hold either Tier 2 or Tier 3 licenses allowing them to produce and / or process marijuana for sale at wholesale to marijuana processor licensees and to other marijuana producer licensees. A Tier 3 license allows for between ten thousand square feet and thirty thousand square feet of dedicated plant canopy while Tier 2 licensees can have up to ten thousand square feet of dedicated plant canopy. Revenue is generated on a base lease rate and the level of service that the tenant-grower requires for its production and / or its processing needs.

For further information about New Age Farm, please consult the Company’s profile on SEDAR at www.sedar.com.



On Behalf of the Board Of Directors



Carman Parente

President and Chief Executive Officer

cparente@newagefarminc.com



For Further Information Contact



Corporate Communications

corpcom@newagefarminc.com

888-871-3936





WWW.NEWAGEFARMINC.COM