Leading U.S. Authority on Hemp Extracts joins Eureka 93 Inc. as the Company Executes its Growth Strategy

OTTAWA, ONTARIO, May 2, 2019 – Eureka 93 Inc. (CSE: LVWL), one of North America’s largest hemp extraction companies, is pleased to announce that Marielle Weintraub, PhD, a leading U.S. authority on hemp extracts, has joined the Company as Vice President, U.S. Regulatory and Government Affairs.

Ms. Weintraub brings significant regulatory experience, industry leadership and product insight to Eureka93. She is a founding board member and the current President of the U.S. Hemp Authority, which is establishing quality standards and best practices in the hemp industry. She is also an active member of the American Herbal Products Association-Cannabis Committee and the United Natural Products Alliance-Hemp/CBD Extracts Committee.

In her previous role, as Strategic Business Development Director for the Hemp Initiative at Eurofins Food Integrity and Innovation (formerly Covance Food Solutions), she developed and drove hemp-specific testing and standards. Ms. Weintraub earned her PhD in Behavioural Neuroscience at Texas Christian University in Fort Worth, Texas, focusing on Alzheimer’s disease pathology.

Eureka93 welcomes Ms. Weintraub’s passionate leadership and is very pleased to have such a recognized industry authority join the Eureka93 team. Her role, effective immediately, will be to support product development and the creation of a Quality Assurance program. She will also help the Company become a leader in establishing and defining clear product standards – something that will distinguish Eureka93’s products in the broader multibillion-dollar industry for hemp-extract products.

The Food and Drug Administration, which has regulatory oversight of hemp and cannabis-derived products in the United States, will hold public hearings on May 31, 2019, to determine the regulatory pathway forward. Ms. Weintraub has applied for standing at these hearings.

From its first CBD extraction facility in Eureka, Montana, the vertically integrated Eureka93 is already executing on its strategy to be the largest, most reliable supplier of wholesale hemp CBD products, while it builds its family of consumer brands targeted at specific health, wellness and beauty markets in the United States and beyond.

“Marielle positions us with advanced insights and capabilities to understand key consumer and stakeholder needs, and the best practices and partnerships towards development of advanced product solutions. We are thrilled to have her knowledge and her passion on our team,” said David Rendimonti, CEO of Eureka93.

About Eureka93

Eureka 93 Inc. is one of the largest hemp cultivation and extraction operations in North America. The vertically integrated company is dedicated to producing the highest-quality CBD products for its customers. Eureka93 is a design-driven company for creative solutions in systems, products, packages and services. For more information visit www.eureka93.com

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The forward-looking information contained in this press release represents expectations of the Company as of the date of this press release and accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable securities laws.

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SOURCE: Eureka 93 Inc. www.eureka93.com