Cannabis Wheaton the World's First Marijuana Streaming Company Announces Appointment of Industry Leading Team

VANCOUVER, BC--(Marketwired - May 05, 2017) - Cannabis Wheaton Income Corp. (TSX VENTURE: CBW) ("Cannabis Wheaton" or the "Company") is pleased to announce the addition of new management and advisors, as it seeks to expand its investments in streaming and value creation platform within the cannabis sector.

New Management Team

CHUCK RIFICI
Chairman, Chief Executive Officer

Chuck is a true pioneer of the North American cannabis industry having co-founded Canopy Growth Corporation (formerly Tweed Marijuana) and building it into 500,000 square feet of thriving marijuana grow capacity as its CEO. Today, Canopy Growth is worth over $1 billion and recognized as a world class cannabis producer.

Chuck is currently CEO of Nesta Holding Co., a private equity firm focused on building partnerships and brand within the cannabis space and Chairman of National Access Cannabis, a clinic chain helping patients access the Canadian federal medical cannabis program.

Chuck is a chartered professional accountant. He obtained his MBA from Queen's University and holds a BASc in Computer Engineering from the University of Ottawa.

JEFF TUNG, CFA
Chief Financial Officer & Chief Operating Officer

Jeff brings significant senior leadership and finance expertise to the Cannabis Wheaton team. He has managed more than USD $3 billion of deals in the Telecom, Banking, Insurance and Technology industries.

Prior to Cannabis Wheaton, Jeff was the co-founder of CPS Management Partners, where he led the acquisition of multiple businesses in the insurance administration industry. Under his leadership, CPS Management Partners and its portfolio companies became the largest workers' compensation claims administrator in Canada, returning IRRs in excess of 50% to investors. Other prior work experience includes Engagement Manager at McKinsey, as well as various project and team management roles at SAP.

Jeff holds an MBA from the Richard Ivey School of Business, graduating at the top of his class as well as a Bachelors of Computer Engineering from the University of British Columbia.

IAN RAPSEY
Chief Creative Officer

Ian is co-founder and chief creative officer of Nesta Holding Co. Ian is actively engaged in building brands and creative strategies for Nesta's portfolio of companies -- Wikileaf, Feather and Nesta Brand Co.

Ian is an award-winning creative director that has worked closely with major, local and international brands. He designed and implemented the brand development strategies for Canopy Growth (formerly Tweed Marijuana), positioning the brand as the undisputed leader in its market. He was also instrumental in rebranding Canopy Growth's acquisition of Bedrocan, a joint venture with the largest producer of cannabis in the Netherlands.