James E. Wagner Cultivation Corporation (“JWC” or the “Corporation”) (TSX: JWCA.V; OTCQX: JWCAF), a premium cannabis brand focused on producing clean, consistent cannabis grown with its GrowthSTORM™ aeroponic platform, will host an investor and analyst conference call on Friday, February 21, 2020 at 3:00 p.m. Eastern time to discuss results for its fiscal first quarter ended December 31, 2019. A press release announcing the results will be issued prior to the call.

The Corporation intends to file its fiscal first quarter financial statements on SEDAR at www.sedar.com before market open on February 21, 2020, prior to the issuance of the earnings press release and call. Management of JWC will host the call, followed by a question and answer period.

Conference Call Participation Details

Date: Friday, February 21, 2020Time: 3:00 p.m. Eastern time (12:00 p.m. Pacific time)Toll-free dial-in number: 1-877-407-9208International dial-in number: 1-201-493-6784Conference ID: 13698939

The conference call will be webcast live and available for replay here as well as via a link in the Investors section of the Corporation’s website at www.jwc.ca/investors.

Please call the conference telephone number five minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact CMA at 1-949-432-7566.

A telephone replay of the call will be available from 6:00 p.m. Eastern time on the same day until March 6, 2020:

Toll-free replay number: 1-844-512-2921International replay number: 1-412-317-6671Replay ID: 13698939

About James E. Wagner Cultivation Corporation

James E. Wagner Cultivation Corporation’s wholly owned subsidiary is a Licensed Producer under the Cannabis Regulations, formerly the Access to Cannabis for Medical Purposes Regulations (“ACMPR”). JWC is a premium cannabis brand, focusing on producing clean, consistent cannabis using an advanced and proprietary aeroponic platform named GrowthSTORM™. JWC began as a collective of patients and growers under the Marihuana Medical Access Regulations (the precursor to ACMPR). Since its inception, JWC has remained focused on providing the best possible patient experience. JWC is a family-founded company with deep roots planted in the local community. JWC’s operations are based in Kitchener, Ontario. Learn more at www.jwc.ca.

Notice Regarding Forward-Looking Statements

This press release contains statements including forward-looking information for purposes of applicable securities laws (“forward-looking statements”) about JWC and its business and operations which include, among other things, statements regarding the timing of future filings and announcements of the Corporation’s financial and operating results. The forward-looking statements can be identified by the use of such words as “will”, “expected”, “approximately”, “may”, “could”, “would” or similar words and phrases. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially from those implied in the forward-looking statements. For example, risks include risks regarding the cannabis industry, economic factors, the equity markets generally, building permit related risks and risks associated with growth and competition as well as the risks identified in the Corporation’s Annual Information Form dated April 3, 2019, available under the Corporation’s profile at www.sedar.com. Although JWC has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release and are based on current assumptions which management believes to be reasonable. The Corporation disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Company ContactNathan Woodworth, President & CEO of JWC(519) 594-0144 x 421nathan@jwc.ca

Investor RelationsJonathan LeuchsCMA   (949) 432-7758JWCA@cma.team

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