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Chemesis International Inc. Announces Filing of a Preliminary Form 1-A Regulation A, Tier 2 Offering Statement under the U.S. Securities Act

Corporate Updates

Chemesis International Inc. Announces Filing of a Preliminary Form 1-A Regulation A, Tier 2

Offering Statement under the U.S. Securities Act

July 13, 2020

Vancouver, BC – Chemesis International Inc. (CSE: CSI) (OTC: CADMF) (FRA: CWAA) (the “ Company” or

“Chemesis”) is pleased to announce that, on May 19, 2020, it filed a preliminary Form 1 -A Regulation A,

Tier 2, Offering Statement (the “Preliminary Offering Statement”) under the United States Securities Act

of 1933, as amended, with the United States Securities and Exchange Commission (the “ SEC”) in

connection with the Company’s intention to offer (the “Offering”) up to 40,000,000 units (the “Units”) at

a price of USD$0.50 per Unit, with each Unit comprised of one (1) common share of the Company (each,

a “Common Share”) and one (1) common share purchase warrant (each, a “Warrant”); and each Warrant

entitling the holder thereof to acquire one additional Common Share at an exercise price of USD$0.75 for

a period of two years after the date of issuance.

The Company cautions that there is no assurance that the Offering will be completed on the terms

currently contemplated, or at all. The Offering will not commence until it is qualified by the SEC.

The Company will provide further updates regarding the Offering as appropriate. This press release is not

intended to communicate with or solicit potential investors for the Offering.

On Behalf of The Board of Directors

Josh Rosenberg

President

About Chemesis International Inc.

Chemesis International Inc. is a vertically integrated U.S. Multi -State operator with international

operations in Puerto Rico.

The Company operates a portfolio of brands that cater to a wide community of cannabis consumers, with

a focus on quality and consistency. Chemesis has facilities in both Puerto Rico and California.

Investor Relations:

[email protected]

1 (604) 398-3378

No Offers to Sell

The communications contained in this press release are required by regulatory authorities and do not constitute an

offer or solicitation to sell securities in any jurisdiction. Although no offer or solicitation is intended, the

communications are otherwise permitted in accordance with the safe harbor of Rule 255 of Regulation A, under the

United States Securities Act of 1933, as amended, which permits the Company to communicate in order to gather

indications of interest and to test the waters for interest in its Regulation A offering prior to the qualification of the

Form 1-A on file with the Securities and Exchang e Commission. No money or other consideration is being solicited

by this communication: if you send money or attempt to send money to the Company it will not be accepted and no

offer to buy the securities can be accepted by the Company and no part of the purchase price can be received until

the Company’s Offering Statement on Form 1 -A is qualified and any such offer may be withdrawn or revoked,

without obligation or commitment of any kind on the part of the Company at any time before notice of its

acceptance, given after the qualification date, and further, if you provide an indication of interest to the Company

in participating in the Regulation A offering, it involves no obligation or commitment of any kind on your part.

Forward-Looking Information: This news release contains “forward -looking information” within the meaning of

applicable securities laws, including in relation to the filing with the SEC of the Preliminary Offering Statement, and

the intention to complete the Offering. Gene rally, forward-looking information can frequently, but not always, be

identified by use of forward -looking terminology such as "plans", "expects" or "does not expect", "is expected",

"budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or

variations of such words and phrases or statements that certain actions, events, conditions or results “will”, "may",

"could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connot ations thereof. All

statements other than statements of historical fact may be forward -looking statements. Forward looking -

information in this news release includes, but is not limited to, statements with respect to the Company’s ability to

move forward with and complete the Offering, whether at the price per Unit indicated in this press release, or at all,

and statements, implicit or explicit, with respect to the prospects for obtaining all regulatory approvals required in

order to complete the Offering. Although the Company believes that the expectations reflected in the forward -

looking information are reasonable, there can be no assurance that such expectations will prove to be correct.

Readers are cautioned not to place undue reliance on forward-looking information. Such forward-looking information

is subject to risks and uncertainties that may cause actual results, performance and developments to differ materially

from those contemplated by the forward -looking information, such as the risk that the SEC will not approve the

Preliminary Offering Statement in a timely manner, or at all, that the SEC or other applicable securities regulatory

authority will not approve the Offering in a timely manner, or at all, that any other regulatory approvals required

with respect to the Offering will not be obtained on terms satisfactory to the Company, or at all, and that the Offering

will not be completed in a timely manner, or at all. Although the Company has attempted to identify important factors

that would cause actual results to differ materially from those contained in forward -looking information, there may

be other factors that cause results not to be as anticipated, estimated, or intended. Except as required by law, the

Company expressly disclaims any obligation and does not intend, to update any forward -looking information in this

news release. Although the Company believes that the expectations reflected in the forward-looking information are

reasonable, there can be no assurance that such expectations will pro ve to be correct and makes no reference to

profitability based on sales reported. The statements in this news release are made as of the date of this release.

The CSE has not reviewed, approved or disapproved the content of this press release