Little Green Pharma Enters Into Agreement to Supply Medicinal Cannabis Products to DEMECAN - Seite 3

Germany represents a significant opportunity for LGP as the largest medicinal cannabis market in Europe, estimated to be worth €7.7 billion (A$12.5 billion) by 2028 . The number of prescriptions for medicinal cannabis in Germany is growing rapidly; there were 95,000 prescriptions at the end of 2018 and more than 240,000 prescriptions were expected by the end of 2019.

It is expected Germany will remain a favourable market for the import of medicinal cannabis oil products due to insufficient domestic supply as a result of significant delays in its domestic cultivation tendering process, with the first licences only awarded in 2019 .

About DEMECAN

DEMECAN is the only German company that covers the entire production chain for medicinal cannabis; from cultivation to processing and manufacturing, through to distribution to pharmacies. DEMECAN was founded in 2017 to guarantee German patients access to high quality medicinal cannabis. In May 2019, the Germany Federal Institute for Drugs and Medical Devices (“BfArM”) awarded DEMECAN the first licence to grow medicinal cannabis. From 2020, DEMECAN will supply the Federal Republic of Germany with medicinal cannabis. DEMECAN is based in Berlin and operates a facility near Dresden for the cultivation and processing of medicinal cannabis. DEMECAN also imports medicinal cannabis into Germany as a pharmaceutical wholesaler.

About Elixxer Ltd. (www.Elixxer.com)

ELXR Ltd. is a Canadian public company listed on the TSX Venture Exchange (TSXV: ELXR) and the US OTC-QB exchange (OTCQB: ELIXF).

Through its partners ELXR presently has significant interests in Australia, Jamaica, Switzerland, Italy and Canada.

For further information please contact:

President, John McMullen, [phone], [e-mail]

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