Core One Labs Inc. (CSE: COOL), (OTCQX: CLABF), (Frankfurt: LD6, WKN: A14XHT) (“COOL” or the “Company”) announces that its subsidiary, Core Isogenics Inc., has harvested 345 pounds of flower from its indoor facility at 9501 Commerce Way in Adelanto. This is the first harvest from the facility and accounted for approximately 10% of the cultivation area.

The harvested section comprising two rows, one at the floor level and one elevated approximately eight feet above floor level. The 345 pounds of flower buds are now being dried and are anticipated to yield finished flower buds of approximately 20% or 69 pounds of marketable flower. The goal in the near future is to harvest two rows per week. The trim and shake from the harvest will both supply adequate bio-mass for the production of CannaStrips™ and retail distillate products.

This first harvest of the facility and the yields are based on the earlier technology. The Company expects that the introduction of the Reiziger^® nutrient program will increase current yields and accelerate the growth cycle. Now that the Company has produced high quality cannabis in its Adelanto facility, the next steps are to continue to refine the genetics, cultivation techniques, and nutrient regiments to optimize cultivation yields.

Core One Labs’ CEO, Brad Eckenweiler, stated, “This successful harvest of the Core Isogenics cultivation facility is one more accomplishment for the Company as it continues to build its expertise and operational structure towards a truly vertically-integrated cannabis company from genetics to the customer’s door step.” The current market in California for indoor wholesale flower is between USD$1,200 to USD$1,800 per pound with tested COA confirmations.

The Company will be updating the market on the progress on the Core Isogenics Inc. cultivation as the new information becomes available.

SOURCE Core One Labs Inc.