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Labrador Technologies Announces Lifestyle APP for Cannaverse

Corporate Updates

Labrador Technologies Announces Lifestyle APP for Cannaverse

Calgary, Alberta August 22, 2018 – Labrador Technologies Inc. (" Labrador" or the "Corporation")

(TSXV: “LTX”) announces that it has developed its Lifestyle APP prototype for its Cannaverse ecosystem.

The Lifestyle APP is an integral part of Labrador’s plan to collect data from a cross-section of incentivized

cannabis participants, with the Lifestyle APP focusing on the cannabis customer. After sanitizing the data

to protect its confidential information, Cannaverse’s artificial intelligence will derive vital insights for

consumers, businesses, and medical researchers. The Lifestyle APP opens the door for sizable

advertising revenue, in a market where advertising is strictly regulated. As well, the sanitized data

collected will be repackaged into customized reports, and sold inside and outside of the cannabis

industry.

“Every industry participant wants to know what the consumer desires”, says Labrador’s Ron Sterne. “The

revenue for every silo of the industry depends on the consumers’ likes and dislikes, and our goal is to

have the data that identifies what those are.”

Labrador has over three decades of experience managing and reporting on proprietary data, and is well

positioned to aggregate, analyze, and protect the highly confidential data associated with the cannabis

industry.

About Labrador Technologies

Labrador Technologies is a Calgary, Alberta based software development firm providing map-based

solutions for industries seeking a visual interpretation of financial reporting. Over the past six months,

Labrador has expanded its vision beyond Oil & Gas to include the cannabis industry.

For more information contact:

Ms. Kelby Price

T: 403-613-2511

E: [email protected]

Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the

TSX Venture) accepts responsibility for the adequacy or accuracy of this release.