Harvest One Cannabis Inc

MMJ PhytoTech Limited (ASX:MMJ) advises that Harvest One Cannabis Inc. (CVE:HVST), the largest investment in MMJ's portfolio, has released the attached update in relation to its subsidiary United Greeneries.

MMJ PhytoTech Limited (ASX:MMJ) is pleased to provide its review of operations for the half-year period ended 31 December 2017.

MMJ PhytoTech Limited (ASX:MMJ) notes the attached press release by Harvest One Cannabis Inc. (CVE:HVST) confirming that Harvest One intends to mandatorily convert certain of its convertible debentures into common stock on or about 28 March 2018. Post conversion, MMJ's current shareholding of 53,333,333 common shares in Harvest One will be 34.5% of the total outstanding shares.

MMJ PhytoTech Limited (ASX:MMJ) is pleased to announce the appointment of Jason Conroy as Chief Executive Officer of MMJ effective from 26 February 2018.

MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that TSX-V listed Harvest One Cannabis Inc. (CVE:HVST), of which MMJ holds 53,333,333 shares, has released an operational update on its wholly-owned horticultural subsidiary United Greeneries Ltd.

MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that TSX-V listed Harvest One Cannabis Inc. (CVE:HVST), of which MMJ holds 53,333,333 shares, has announced the closure of its C$40,250,000 bought deal offering.

MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that it has entered into an agreement to acquire a strategic stake in private, Canadian-based healthcare company Dosecann Inc., via the proposed placement of C$2.5 million in secured convertible debenture units.

MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that its partly-owned TSX-V listed subsidiary, Harvest One Cannabis Inc. (CVE:HVST), has released two announcements regarding its intentions to undertake a fully underwritten short form prospectus offer to raise up to $25,000,000 initially and then subsequently increased to $35,000,000 (excluding over-allotments) due to strong investor demand.

MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that TSX-V listed Harvest One Cannabis Inc. (CVE:HVST), which is 59% owned by MMJ, has released an operational update in relation to its wholly-owned horticultural subsidiary United Greeneries Ltd.

MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise shareholders that the Company welcomes the recent announcement (4 January 2018) made by Federal Government Health Minister Mr. Greg Hunt outlining the Government's plans to allow the export of medicinal cannabis products from Australia.