FORMER SUPREME CANNABIS COMPANY AND FSD PHARMA MANAGEMENT TO LEAD GROWTH AND DEVELOPMENT OF EARLY STAGE INVESTMENT PORTFOLIO

VANCOUVER, BC, CANADA (August 22nd, 2019) – Codebase Ventures Inc. ("Codebase" or the "Company") (CSE: CODE - FSE: C5B – OTCQB: BKLLF), is pleased to announce the appointment of Mr. Zach Stadnyk as President and CEO of Code Cannabis Investments, a subsidiary of Codebase Ventures Inc.

“Code Cannabis Investments presents an exciting proposition at this stage of maturity in the legal cannabis industry, globally,” said Mr. Stadnyk. “Code Cannabis will be seeking opportunities to invest in and grow early stage companies that are looking to innovate and disrupt in what is a very new and fast developing industry.”

Zach Stadnyk is a corporate finance and advisory professional. Previously, Zach held management positions in Corporate Finance at Supreme Cannabis (TSE: FIRE), Investor Relations and Corporate Finance at FSD Pharma (CSE: HUGE) and served on the Advisory Board for 1933 Industries (CSE: TGIF). Mr. Stadnyk specializes in corporate finance and going-public transactions and holds a BCom in entrepreneurial management.

“Zach Stadnyk’s experience, relationships and knowledge of the cannabis industry is ideally suited to the effort that is required for Code Cannabis to make highly strategic early stage investments that will increase shareholder value in the short and long-term,” said Codebase Ventures Director, Mr. Brian Keane.