Wake

Minister of Agriculture, Floyd Green, tours Wake Jamaica facility

April 26, 2021

Minister of Agriculture, Floyd Green, tours Wake Jamaica facility

Toronto, ON, Canada (May 6, 2021) – Wake Network Inc. (“Wake” or the “Company”), a global leader in psilocybin and medicinal mushroom production and developer of genomics-based integration therapies, was pleased to welcome Hon Floyd Green, Jamaica’s Minister of Agriculture and Fisheries, to the cultivation facility of its subsidiary Wake Jamaica Limited (“Wake Jamaica”), to walk through its state-of- the-art mushroom production facility with Wake Jamaica CEO Pauline Terri Smith.

Wake Jamaica has been producing psilocybin and medicinal mushrooms in Jamaica since September 2020 and has begun scaling operations for both domestic and international research and therapeutics.

Wake Jamaica’s facilities, located in the heart of Jamaica’s countryside, were visited by Hon. Green’s team from the Ministry of Agriculture and Fisheries. “The Minister of Agriculture and Fisheries, Hon. Floyd Green expressed delight while reviewing mushroom cultivation at the Wake Jamaica Gold Standard Facilties on Sunday, April 25, 2021,” CEO Pauline Terri Smith noted. “As he conducted his review of the nascent industry, he made it clear that Wake Jamaica has emerged as the clear leader in production, community engagement, and research.”

Wake Jamaica is currently producing a diverse range of therapeutic mushrooms, including mushrooms containing psilocybin. A feature of its production model is the utilization of proprietary grow methods and a zero-waste bio feedback loop. As Jamaica is one of the few countries where the cultivation of psilocybin- containing mushrooms is legal, Wake Jamaica is working in conjunction with the Jamaican government to develop regulations and ministerial oversight of scaled production and export support.

“From the very beginning we have strived to ensure the highest standards of production and control procedures to set Wake Jamaica apart from other operators. We value our professional working relationship with the Jamaican Ministry of Agriculture and Fisheries and thank Hon. Floyd Green for his visit and interest in Wake” stated Nick Murray, Chief Executive Officer of Wake.