Mr. Maciej Lis reports

THE GUMMY PROJECT PROVIDES CORPORATE UPDATE, INCLUDING PLANS TO EXPLORE THE EXPANSION OF ITS BUSINESS AND PRODUCT LINES

The Gummy Project Inc. has provided a number of corporate and operation updates, including plans to begin exploring the expansion of its business and product lines within the health and wellness sector.

Operational highlights:

• The company has successfully launched its four SKUs (stock-keeping units) comprising two separate flavours (peachy bees and watermelon sharks) and two package sizes (50-milligram and 10-milligram packages) into more than 70 retailers across British Columbia.
• The company has completely sold out all 8,500 units of its 10 mg peachy bees, which were primarily sold to one luxury hotel chain.
• The company's gummies are currently being sold in hotel room mini-bars (both in the United States and Canada), on an international airline's "for purchase" menu and in the retail shops of the largest passenger ferry system within North America.
• The company has sold more than 3,300 50-gram peachy bees and more than 3,400 50-gram watermelon sharks.

The company is focused on accelerating growth through:

• The engagement of additional national distributors in both Canada and the United States;
• Targeting additional hotel and airline customers both within the Canada and the United States;
• Driving additional brand awareness through the use of celebrity ambassadors, influencers and strategic marketing campaigns;
• Exploring opportunities for the development and commercialization of new products within the Health and Wellness sector.

"We continue to be encouraged by the performance of our gummies as they gain traction in the health and wellness sector in Canada and the United States. The company will continue to expand its sales network with the ultimate goal of becoming a household name in the better-for-you product sector. Additionally, the company is now actively to exploring the potential addition of new products which will all us to compete more broadly within the health and wellness sector and to offer our customers additional products to choose from," said Maciej Lis, chief executive officer of Gummy Project.

About The Gummy Project Inc.

Gummy Project is a growing community of individuals and organizations that believe small contributions can add up to something big within the health and wellness sector. The company sells low-sugar, plant-based gummy products while raising money (and awareness) to support endangered keystone species. Gummy Project is the only better-for-you candy company that is built to support the planet's most precious species and ecosystems, while educating future generations on the steps they must take today, to ensure a viable tomorrow.

We seek Safe Harbor.